Labor costings confirm: higher deficits and debt under Labor

  1. Cowboyinvestor
    18,865 Posts.
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    19/05/22
    13:41
    Post #: 61501125
    Jim Chalmers has just announced Labor will run up larger debt and deficits than the coalition, to the tune of -$7.4 BILLION, before they spend a day in government.

    Amidst current global inflations Labor have decided to increase spending to GDP, putting upward pressure on inflation and likely delivering a recession for Australia

    https://www.abc.net.au/news/2022-05-19/election-live-blog-may-19/101077738
    Last edited by Cowboyinvestor: 19/05/22
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