Labor costings confirm: higher deficits and debt under Labor, 61501314, page-4 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

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Cowboyinvestor

20,951 Posts.

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19/05/22

13:47

Post #: 61501314
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Originally posted by Cowboyinvestor: ↑

Jim Chalmers has just announced Labor will run up larger debt and deficits than the coalition, to the tune of -$7.4 BILLION, before they spend a day in government.

Amidst current global inflations Labor have decided to increase spending to GDP, putting upward pressure on inflation and likely delivering a recession for Australia

https://www.abc.net.au/news/2022-05-19/election-live-blog-may-19/101077738

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