National is determined to return the government books to surplus.
That means they’ll be getting in more money than is going out which is the sensible way to manage finances.
That then gives the government choices about what to do with the surplus:
It could spend the money on public services.
It can rebuild the Earthquake Commission funds.
It could pay off debt.
It could lower tax rates.
I think rebuilding the Earthquake Commission funds and reducing debt should be the first priorities.
Finance Minister Bill English, in his address to the National Party conference yesterday, spoke about the dark cloud of economic problems in other parts of the world that are hovering on the horizon.
Both reducing debt and rebuilding the Earthquake Commission will make it easier for the country to face any future natural or financial crises.