Australia has been quoted as the only modern economy that has...

  1. 11,875 Posts.
    Australia has been quoted as the only modern economy that has had balanced budgets , funded liabilities and government that generally lives within its means

    oh.. and 20 year straight years of no recession

    on the other hand you have numerous debt laden western European countries with no budget discipline whatsoever

    and bucket loads of unemployment

    the truth is, when governments spend too much money, they suck the life out of the real economy

    that's why Australians are embracing the austere coalition, they don't want to become like basket case European economies

    No amount of propaganda can change the truth




 
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