Parmenio, going off track for a moment, increasing the tax clubs pay on poker machines doesnt affect how much people spend gambling. It only affects how much clubs hand over to the government.
I have no issue with debt...if the money is wisely invested. The federal government clearly have no objection to debt either with Treasury figures showing Government debt will reach $153 billion in the next three years.
Economics 101 tells you that smart borrowing can stimulate the economy, creating jobs, and long term economic growth.
Poorly thought out borrowing, such as the BER and the home insulation program, only create only short term economic activity, promote inflation and drive up interest rates.
You trust the government, I'll use common sense and the economic basics they taught us in my first semester of economics at university.
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