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Its not rocket science. Australia's debt was as predicted when LNP came to power and a year later it was 34% more than was predicted for that period. Remind me again who was in charge?
Unless of course the Labor Party have some Bonus Card that allowed them to pass some legislation even though they weren't the govt.
PS Where's our surplus
"Opposition Leader Tony Abbott has backed Shadow Treasurer Joe Hockey's claim that the Coalition would be on track to deliver a budget surplus in the first year of taking office. ‘Based on the numbers published today, we will deliver a surplus in our first year and every year after that.’’
BTW this quote has mysteriously vanished from the Liberal party website but the internet catches everyone (even onion eaters)
"Abbott
told the Victorian Employers Chamber of Commerce and Industry ...... that the Coalition had “identified $50 billion of savings, for an $11 billion improvement on the bottom line and a reduction of $30 billion in net debt”
http://www.crikey.com.au/2015/02/03/remember-labors-skyrocketing-debt-the-coalitions-is-much-worse/
