2002 Federal Budget Student Essay

The fiscal policy plan for 2002-03 is not a reflection of what the people want. Last year the Budget went into a $1.2 billion deficit, and now Australian families have to pay the bill. Added on top of the deficit is the government¡¦s plan to create ¡§safer Australia, secure borders, strong defence and a strong economy.¡¨. To reflect this, much of the spending from the Budget will go into defence and border security. An Intergenerational …

…burden on our next generation. The defence spending should never have been so high, and from the figures the cuts in health and welfare are there to counteract the spending on defence and not actually to aid in our better future. Therefore it can be clearly seen that the Government has not done enough to help the Australian economy, as it has placed its own goals in front of what the Australian people really want.