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Scott th Ratbag

47,120 Posts.

649

06/08/20

12:48

Post #: 46346523
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Originally posted by boatboy: ↑

Plus she can't add up...recall when she was Finance Minister in the disastrous and thoroughly forgetful Gillard Government she "lost" a few billion dollars, could not explain how...

"Treasurer Chris Bowen and Finance Minister Penny Wong have revealed the Federal Government's economic statement.The update of government finances includes massive revenue write-downs since the May budget, deeper budget deficits for the next three years and $17.4 billion worth of cuts.
The Government says a substantial decrease in nominal GDP has had a major impact on expected tax receipts, leaving a $33.3 billion revenue black hole across the four years of the forward estimates."

https://www.abc.net.au/news/2013-08-02/economic-statement-live-bowen-wong-release-budget-update/4860926

Lol...and the luvvies go out of their way constantly slamming the Libs for the increasing deficit since 2013...yet it all began under LABOR!

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More virtue signalling from the Right wing.
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