"....Labor generally want debt to finance "social" benefits eg welfare housing. The Lib philosophy is to help you OWN your own home. Labor generally aims to have you employed by the government. Libs generally aim to have you as part of a free enterprise business. The result for Labor is bad debt and for the Libs it's good debt....."
Not even close to reality.
Homes unaffordable for many ordinary Australian's and getting far worse under the Libs.
The Libs plan to take us to a $1.2 Trillion Dollar Debt with very little to show for it. ($5.5b for invisible subs)
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- Labor costings confirm: higher deficits and debt under Labor
Labor costings confirm: higher deficits and debt under Labor, page-212
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