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Where is the economic sense in 'back in black' while doubling...

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pierogi

5,647 Posts.

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09/10/20

14:02

Post #: 47976432
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Originally posted by logco: ↑

A vote for Labor and their spendathon at the last election would have a disaster now ,we are spending to much now because we are a greedy people who want the lot and we have been lucky so far but I am not sure that will continue, the economic model shared by both political parties is to increase migration and that is plan for disaster because it results in everyone getting a smaller piece of the cake,we are blessed with being an island with a small population and abundant resources and that is why people want to migrate here,our economy is held up by the worlds demand for raw materials and our way of life is financed by that not hard work.
I don't get why you would say the LNP have undermined our budgetary position when they got the budget back in the black only to be blown out by Labor and we were almost back in the black this year if COVID had not happened.

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Where is the economic sense in 'back in black' while doubling the national debt? That's like balancing the weekly home budget but ignoring you had to double the mortgage.

We've reached the point where the economic illiteracy of the libspittles can't be ignored.
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