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Originally Posted by Yakk
Huh? If the government planned on having a surplus, why is having a surplus a sign of government mismanagement?
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Maybe it is just semantics, but a surplus means that they have more then they planned for.
When budgeting, paying down the debt should be part of the plan (if they believe it could be done).
Anything left over after you did everything you said you were going to do is surplus. That does not necessarily mean that you did something good. It does mecessarily not mean that you saved the country some money. It often means that you over budgeted (maybe even padded estimates) on some items. It also means that you taxed too much.
There will of course be variances but basically a fiscally sound government has no defecit or surplus