Since last Tuesday evening both Bill Shorten and Chris Bowen have categorically stated that their solution to the crisis if they were in power would be more of the same policies we endured between 2007 and 2013 ie borrow more to pay the interest on the burgeoning debt and blowing out the deficit more.
Neither have offered even one initiative - because both won't even admit they've caused a massive fiscal problem.
If that doesn't scare the living daylights out of you, nothing will!
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labor's plan to solve the debt crisis
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