The debt bought us the best performing economy in the developed world. The debt will be repaid naturally as govt receipts increase through mining royalties and income tax via decreasing unemployment / company tax via higher business profits etc.
Gee that sounds just great.But K rudd has no dry powder & has anyone ever considered we still have some deep seated problems all round the world.I dont believe we are out of the woods yet & we could still have worse times ahead. In the future i think knee jerk K rudd"s government will look fiscally inept imho.
