not long to go

  1. 387 Posts.
    got these numbers from the australian office of
    financal (mis) management web site

    labour elected 24 nov 2007
    today 4 sep 2012
    days since election 1746
    labours debt $245,326,000,000
    debt limit $250,000,000,000
    labour average borrowings per day $140,507,446

    my mate crunched the numbers.........


    interest rate 4.25%
    annual interest bill on debt $10,426,355,000
    swans proposed surplus $1,500,000,000
    surplus borrowing period 11days
    estimated days till we hit limit 33 days

    wayne swan has borrowed his surplus every 11 days
    for the whole 1746 days labour has been in office

    not long to go




 
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