Well a lot of people seem to be taking it as meaning there is no longer debt
... We are still in huge debt and still making huge interest payments. You could also make a strong argument that we are not in a "real" budget surplus until we are in the black
and still properly funding councils and public services which we are currently not. I mean... Getting into the black is in theory never a difficult thing to do? You just cut outgoings. The government could have been in the black instantly 10 years ago, simply by cutting every penny of health spending. Yes, people would have been dying in the streets, but we would have been "in the black"...
So I guess it just depends how far you're willing to go on a sliding scale? I personally would much prefer that a budget surplus be achieved by increasing productivity, or at least increasing efficiency, rather than simply cutting what we already have.