deficit reduced from47.7billion in 2011

  1. 1,348 Posts.
    Just doing some research and realised that the deficit in 2011 was $47.7 billion.

    It is now at $19billion.

    That is a reduction of 40%.

    How is that being seen as a bad thing when the government has been reducing the deficit?

    Sure they didn't get back to surplus but that was a long ask when your deficit is 47billion approx 2 years ago.

 
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