David Spears silly questions of Treasurer Jim Chalmers continue on the ABC’s Insiders this morning: “Why aren’t you delivering a surplus budget?”

Such is overwhelming ignorance on deficit budgets being essential if economies are to be healthy, that Chalmers appears to accept the premise, saying he has previously delivered a surplus, since made great budgetary savings and also cut taxes. He dissembles: “Where are the additional cuts to come from?“

Realities expressed by the 1996 Nobel prize winner in economics, William Vickery, to the effect that surplus budgets commonly lead to recessions, are once again ignored: We must uphold the failed neoliberal approach that has brought the world to dire economic straits.