Denben suggests Australia should have a piggy bank for a rainy day.....isn't that what big red started with??
Alas she (and her scapegoat kev07) pissed it all away on plasma tvs, electrified insulation and million dolar sheds for schools. And now with projections of $200bn in govt debt the ALP/ NSW-QLD country party coalition realise the only way they can afford rebuilding (without borrowing even more)is to hit "the rich" with a big nasty tax. Nice one comrade.
How come we have full employment, the RBA raising interest rates to stop the economy overheating, exceptionally strong terms of trade and the clowns in government are still running a budget defecit to 2013 even before the floods? As a Victorian, I have seen this all before with Cain/Kerner - and look how well that tuned out!
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