Increasing taxes shouldn’t even be a consideration but politicians can’t help themselves and it makes recovery that much harder.

If not, then the choice we’ll be given is between increasing revenues through higher taxes or increased revenues through economic growth.

Six months since the last fiscal update. Three months since the government stopped sending the bi-weekly financials to the Parliamentary Budget Office. The feds finally give their deficit forecast.

As the Parliamentary Budget Officer explains – they are no takers. And that’s suggest a much bigger problem.