ausheds, the point of the exercise was just to show how close Abbott\Libs were to matching Labor's debt in a very short time.
Without Abbott being upfront about how he is replacing lost revenue, then the risk of debt growing more quickly is extremely high.
Abbott's current vision?
PPL $3b+ (cost) DAP $?b (cost) Cut 1.5% from company tax (-income) Dump the Carbon Tax (-income) Dump the Mining Tax (-income) $29b NBN (cost) Reduce Public Service (10,000 = less than $1b savings) Low taxes ?? (-income) Pay down debt (cost) Balance Budget ?? (not claimed anymore by Abbott) Create 1 million jobs over 5 years??? More infrastructure spending (cost) Better Health by letting others be in charge?? Better Education by letting others be in charge??
The above consists of more cost increases than cost reductions. Which is why I'm concerned about Abbott not being upfront about the costs and his bottom line.
It's a genuine concern that Abbott has done nothing to alleviate.
wazbee, don't believe the legend, $71b in asset sales more than covered Labor's previous share of debt, the rest of the debt was the Liberal's in the first place.
Easy to verify from official sources if you are really interested in the true facts.
