" To put it another way, says macroeconomic consultant Mark Beavan, Kevin's rescue package is increasing the nation's net debt by little more than 1%.
''Malcolm might happily forget that while his former government colleagues were steering the good ship Australia, the nation's total debt soared from a mere $700 billion in 1997 up to $3.2 trillion by the close of their term. An increase of 387%''.
http://business.smh.com.au/business/dont-mention-the-debt-20090219-8c6e.html
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