Leadership is back in danger, page-215

  1. 47,374 Posts.
    lightbulb Created with Sketch. 2
    Innocentcarbon, as of September 2013 and following 6 years of ALP governance Australia was rated AAA by all major globalt ratings agencies, Credit Suisse found we were the wealthiest people on Earth, based on our macroeconomic KPIs the IMF decalred our economy one of the strongest in the developed World, national debt was t just $170b [~12% of GDP] and the Budget deficit predicted by PEFO to come in at $31b.

    That was despite the most severe financial crisis in EIGHTY years!

    There's NO doubt that on Tony Abbott's watch unemployment rocketed to 6.4% and with real trouble still in the pipeline as manufacturing sector cops the car plan body blows in 2016-17. National Debt is ~$400b and the Budget; well what a disaster that is!

    IMO it's time you pointed such thing out to your kids instead of hiding such facts from them.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.