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14/05/13
22:50
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zonetrader,
Do not worry about the debt. It means nothing.
It is very low and there is nothing wrong with going into debt to keep this economy going. Every economist will tell you that.
As long as it doesn't get out of control and it doesn't look like it.
Now is not the time to slash and burn as that could cause a recession. Even John Howard acknowledges that fact.
The surplus is not important and will not affect our credit rating as our debt to GDP is very low.
People need to worry about their private debt levels and get that under control.
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