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The figures weren’t plucked out of thin air, they come directly...

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Cowboyinvestor

20,977 Posts.

33

13/05/24

17:46

Post #: 73802322
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Originally posted by Treefern: ↑

That's just not right, Cowboy. The Myefo figure was obtained from Treasury who followed directives supplied by Joe Hockey for the myefo statement in December 2013. His directives created a debt of $667 billion out to 23-24 that Joe was able to point to when justifying his austerity budget in 2014.

I'm not arguing with you cowboy, I'm just pointing out that the material and commentary you supplied are wrong. If you still honestly think you are right - and aren't just arguing blindly to avoid conceding you've made an error - then just provide a link to the forecast you are referring to. It shouldn't be difficult - if it exists. Just go to the 2013-14 budget and point it out. I'll even post a link below for you to find it. To assist, I would draw your attention to Table 9 on page 3-31 of the Budget Strategy and outlook.

https://archive.budget.gov.au/2013-14/bp1/bp1_consolidated.pdf

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The figures weren’t plucked out of thin air, they come directly from treasury estimates for the MYEFO following the 2013/14 budget
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