gillard confirms surplus in 2013, page-39

"being created using taxpayer money, so that I will eventually have to pay it back."

It was for a while but that's clearly no longer the case.

Debt to GDP set to peak at 6.4%, clearly manageable and clearly a small price to pay for stability through the GFC and then continued growth post GFC.

Best thing about is that there are already 400,000 more people able to help you pay it back. You probably won't even notice it.

Unlike USA, watch how long it takes to drag itself out of the mire.