clydebigdog, your figures are a prime example of lies being...

clydebigdog, your figures are a prime example of lies being repeated often enough that it becomes someones reality.

Debt $66.98 billion in 2007-08
Current debt $273,178m
(Details and links below.)


So to answer your question on who ran up the debt.
Labor $206b
Liberals $67b
Total $273b

Labor has run up a debt of $139b more than the Liberals.

So Labor win the blame for most of the debt.


So to summarize what we agree on, Labor added the most debt, and Hockey has lied to us about his $33b claim.



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Total Commonwealth Government Securities on Issue - $273,178m
consisting of:
Treasury Bonds - $247,940m
Treasury Indexed Bonds - $18,719m
Treasury Notes - $6,500m
Other Securities - $20m

http://www.aofm.gov.au/


Costello's 2007 PRE-ELECTION ECONOMIC AND FISCAL OUTLOOK. Debt $66.98 billion in 2007-08

http://archive.treasury.gov.au/documents/1321/PDF/PEFO_2007_Final.pdf