Australian Debt accelerating under LNP

  1. 22,360 Posts.
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    http://www.australiandebtclock.com.au

    Forget party politics and the naive waffle; our chief problem is the accelerating debt as per the Debt Clock above.
    In fact our chief security problem is the growing mountain of debt which, if not stemmed soon, will require us
    to invite in the IMF which will make a feather duster out of our parliament like what has happened in Greece,
    Cyprus and Ireland.

    So, in summary, forget the bullshit and do something. The Libs have been worse than Labor because they have
    increased Commonwealth deby from $285 billion 3 years ago to its current level (see above)
    Moorookamick
 
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