How long do you think?, page-7

  1. 57,924 Posts.
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    "A lot of that debt is down to the money borrowed for Job Keeper. "

    Govt debt:
    https://hotcopper.com.au/data/attachments/4667/4667937-737691330d890f4b52a784dd13594970.jpg


    Govt DEBT tripled under Abbott/Turnbull/Morrison BEFORE the pandemic. --- good to see that Albanese has paid off some of that debt already.


    AND Govt Spending:
    https://hotcopper.com.au/data/attachments/4667/4667939-40acc97462ff75a501a71ec6a5afe39e.jpg


    you can see the acceleration in spending in 2014 got steeper after Morrison became PM in '19 - well before the pandemic.
    Last edited by Scott th Ratbag: 11/09/22
 
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