why do we so desperately need to be in surplus, page-68

  1. 4,751 Posts.
    "The stimulus, supporting the economy and by not doing a slash and burn, etc. have contributed to the growth in GDP.

    You may argue to what extent and if it was efficient, but the debt clearly contributed to the health of the economy that resulted in the GDP growth"

    You cant substantiate that unless you give us a break down of where the revenues came from.

    Last i heard from both sides of Parliament was their efforts to stimulate revenues fell short and were down.

    What this highlights is that Labor got it drastically wrong and the net result of 100% of their spending was negative.

    Only the private sector that had no new intervention had thrived enough to get us a +ve GDP.
 
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