the government does NOT have a debt problem. That is all.
Semantics.
The government has a debt problem because we should not have any debt, the economy has been badly managed. There has previously (before Abbott) never been any effort made to pay our debt. The fact that Australia is not likely to go bankrupt is no answer
The debt increased faster than anywhere in the western world.
Abbott is going to slug the people to pay some of it back but he is going to spend the same amount as Labor did.
So we have a debt problem because it is not being managed properly, for a country which still has a good income but probably in a declining income stage we are still spending too much on un-necessary items and the emphasis is wrong we need nation building decisions and works not more roads and planes that have not been fully designed
The size of the debt is not the only measure of a problem If you owed $50 and could not pay it back it is still a problem
