Australia's largest stock trading and investment forum Australia's #1 stock forum

Costello's Ch9 just declared war on Albanese's new government, page-139

First 139 Last

Share
Profile

Follow
Scott th Ratbag

48,424 Posts.

651

23/05/22

14:53

Post #: 61568571
Share

Originally posted by logco: ↑

Australia's debt was next to nothing when Labor took office in 2007 and $250 billion when Labor left office after the GFC in 2013 and now it is around $850 billion after a one in one hundred year pandemic ,drought,wort fires on record,worst floods on record and war in Europe. Labor pointed out all this happened under your watch so what ever happens now will all happen under their watch and no quarter given ,what ever happens from now on the same will apply it will all their fault. .
Labor is going to increase spending (sorry investment) that will further increase debt and deficit,they will be throwing petrol on the fire at the same time as the RBA is trying to take money out of the economy,this has all the ingredients of a wages price spiral that will no end well.

Expand

ahem, don't forget that Libs TRIPLED THE DEBT after taking over from Labs in '13. and then added more debt during covid.

dangerous ground on debt/deficit management wrt to Libs profligacy and wastage of taxpayer money.
3 Upvote

Reply

Top Stories

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Making money: How many microcaps should be in an investor's portfolio?

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

What each US election outcome would mean for Australian companies & investors

There are more pages in this discussion • 96 more messages in this thread...

First 139 Last