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When Covid hit we were in a per capital recession having not...

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20/04/23

10:16

Post #: 67370550
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Originally posted by logco: ↑

When Labor left office the nett debt was $275 and the forward estimate was out to $500 billion and that was an underestimate taking into account the underestimation of many projects including the NDIS.
The budget was getting back to balance when covid hit and our debt would have blown out more under Labor as they said many times when in opposition they would have spent much more on covid measures.

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When Covid hit we were in a per capital recession having not truly recovered from the effects of the shock of the Coalitions 2014 horror budget.
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