by Roy Murphy“The metaphor of ‘government is like a household’ is wrong, dangerous and insidious, and must be refuted outright. Dr Ahirao said there are several myths in current economic management, but the “household” myth is the biggest myth of all. The logic of the myth goes like this: “Just like a household, the government shouldn’t max out its credit card. The government doesn’t use taxes or borrowing – so the balance of the Crown Settlement Account is irrelevant. Edwards added: “We can discard the idea that the government is like a household.