why do we so desperately need to be in surplus, page-52

"...IF the money was used for infrastructure that added value
to the economy....thats GOOD...Debtbaxtermcfaxter"


So if Australia's GDP was doubled, from say $750b to $1,500b, would the current debt be construed as good debt?


Australia has spent more that we earn 77 out of 100 times over the last 100 years, yet we have survived for those 100 years. Have you ever thought about why and how.