mistyrains
""Inherit Four Billion in debt ,its now up to Seventeen Billion,soon forecast to be Twentyfour Billion,onya col"
That is scary, very scary."
Even scarier was when the Coalition inherited 96 Billion and a 9 BIllion dollar black hole, but luckily the Coalition quickly turned that into ZERO DEBT.
Now, this time around, it seems the Labor tradition of poor economic management continues. The Rudd/Gillard government inherited a healthy surplus from the Coalition and has turned it into a $235 Billion dollar DEBT.
And counting.
That is scary, very scary.
Be afraid, be very afraid.
Commonwealth Government Debt
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