rose colored glasses, page-14

Not so simple to understand for you Fatsoh....

Same old rethoric for a leftist trying to justify the ALPs perilious budget position....

There is a diffrence Fatsoh in good debt and bad debt....and did not most debt under Howard be repaid?

Not one cent has been repaid by Gillard/Swan!

Government bonds are good way to raise money and returns are guaranteed and the investors usually feel really safe where their money is parked...Simple...

So what is done when the Bond Capital matures its paid back to the holder or rolled over...Simple...Costello and Howard had the right economic settings to creating good returns for their investors....

And that 1996-2007 I would say was very prosperous for Bond holders....
So wheres is the Good debt under Gillard????