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.
- Forums
- Economics
- deficit reduced from47.7billion in 2011
Just doing some research and realised that the deficit in 2011...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost