It’s a tough time to be Jim Chalmers

<p>For months, Jim Chalmers has been trying to write a budget about the future &ndash; productivity, reform, repair.</p> <p>But events have a way of dragging budgets back into the present. And right now, the present looks expensive.</p> <p>People are still under pressure. The economy&rsquo;s been hit by another oil shock. And the Treasurer is trying to make the case for restraint without looking like he&rsquo;s asking Australians to wear even more pain.</p> <p>So will Jim Chalmer's upcoming budget be one of reform - or crisis management?</p> <p>Today, senior economics correspondent for&nbsp;<em>The Age</em> and <em>The Sydney Morning Herald</em>, Shane Wright, on what kind of budget this moment demands.&nbsp;</p> <p>&nbsp;</p> <p>If you enjoy <em>7am</em>, the best way you can support us is by making a contribution at <a href="http://7ampodcast.com.au/support">7ampodcast.com.au/support</a>.</p> <p>&nbsp;</p> <p><strong>Socials:</strong><strong> </strong>Stay in touch with us on <a href="http://www.instagram.com/7ampodcast">Instagram</a></p> <p><strong>Guest:</strong> Senior economics correspondent for <em>The Age</em> and <em>The Sydney Morning Herald</em>, Shane Wright.</p> <p><strong>Photo:&nbsp;</strong>AAP Image/Lukas Coch</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>