Tim Colebatch on the budget

Takes guts to squeeze the middle class

I haven't noticed Tim Colebatch writing at The Age much lately, but here's his take on the budget delivered last night.

I still say he's the clearest, most balanced economics columnist around today, so I find his view of the budget pretty convincing. Short version: it does cut quite a bit, and the real issue in getting back to surplus is the drop in revenue.