The government’s challenge is not whether we can ”afford” to spend as promised to voters, but if we will be sufficiently productive as a nation that we can allow our government to fulfill its election promises without them causing inflation.
The budget deficit is the same as the non-government surplus. Thus, it is the very source of the net financial assets of the non-governmental sector since it must first spend (i.e. credit private bank accounts) before it can tax (i.e. debit bank accounts).
For a country with relatively large and persistent trade surplus comes, that at the same time, this will leave the domestic private sector with large unsustainable deficits.
Its about sector balances, not what somebody’s opinion or thinking about the budget is.