Editorial - Tuesday, May 13: Strap in for a wild ride
STRAP yourselves in tonight - with the Federal Budget being handed down in Canberra, we're in for a bumpy ride.
The first budget of a new government is invariably its toughest - there's time in later budgets to cosy up to voters they smashed the first time around, and it's the government's first chance to settle a few ideological scores.
Based on the detailed reporting of the past few weeks, there is no doubt we'll all be feeling the pain tonight.
That's the way Prime Minister Tony Abbott says he wants it - if there's going to be pain in the interests of improving the budget bottom line, we should all share it.
The danger tonight will be if the cuts go too far - too much slashing and not enough incentives.
It's one thing to blame the Rudd/Gillard Labor government for the state of the books, but after tonight, the Abbott administration will have to bear the responsibility for the direction of the economy.
And in breaking promises by raising taxes, the prime minister has risked his future on trusting the public will forgive him, the way it never forgave Julia Gillard.