Jim Chalmers has just announced Labor will run up larger debt and deficits than the coalition, to the tune of -$7.4 BILLION, before they spend a day in government.
Amidst current global inflations Labor have decided to increase spending to GDP, putting upward pressure on inflation and likely delivering a recession for Australia
https://www.abc.net.au/news/2022-05-19/election-live-blog-may-19/101077738
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- Labor costings confirm: higher deficits and debt under Labor
Labor costings confirm: higher deficits and debt under Labor
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