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  1. 47,957 Posts.
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    darryle

    Re your post which included;
    "... Dave Murray on bolt has just said on Bolt report. ..."

    You've demonstrated comments I made in my lead post; the misrepresentation and denial of data has become an artform in Australia.

    Opinions based on selectively chosen information being passionately expressed in the media do not equate to hard data.

    It's the ABS which compiles and publishes our data; not David Murray - as illustrated in the tables from this reference and Penny Wong's comments about our $1.5 trillion economy.

    For example; my arithmetic tells me that national government gross debt at $300b is about 20% of our $1,500b GDP; given the low current servicing costs for that debt we are sailing on very still waters relative to other sizeable developed countries.

    http://www.abs.gov.au/ausstats/[email protected]/mf/1345.0

    http://www.abs.gov.au/AUSSTATS/[email protected]/MF/1344.0/

    http://www.abc.net.au/news/2013-03-06/australia-gross-domestic-product-december-quarter/4555882
 
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