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And, of course, the budget reached a surplus in 1998.
It also forecasts reduced federal deficits that eventually reach a surplus in 2012.
If this means they produce a surplus in peacetime, why not sell it?
Budget deficits have been cut; the Central African zone even ran a surplus in 2000.
But what advisers had said was a surplus in the reserve is almost spent.
The British government has only run a surplus in seven of the last 50 years.
And the prospect of a surplus in 2018-19 is a very welcome sight.
New Zealand Cricket returned of a surplus in 2012-13, of $124,000.
It was the first time the government posted a surplus in July since the 1950's.
But Osborne remains on target to create a surplus in five years, achieving his third target.
He has set himself a completely inflexible target – to have a surplus in 2019-20".
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