Surprise Surprise Labor's numbers don't add up, page-2

IMO, its too late to think about balancing the budget with the world facing recession +Inflation
(Stagflation) Stagflation stunned the Jap economy in the 1990s and left it with the world's
highest debt to GDP ratio.

IMO the time to think about balancing the budget was between 2013 & 2019.
But instead of doing so the Libs scrapped the MRRT , but did not reign-in
spending which resulted in an average budget deficit of $80 billion a year
(on average). Not what a reasonable person would call "Good Money Managers"

Not alone did the Comm government rack up debt but so did the States & Munis
resulting today in:
-$1.5 Trillion of combined Governments' debt
-Historically high Household & Individual debt $5.5 Trillion
-Overall debt of $8.5 Trillion or 4.5 times our GDP!

And now that the Libs have "shit in the bed" they are now
passing the mess to Labor for them to clean up.

With our natural resources wealth, we should be the wealthiest
country in the world with zero debt but instead we're loaded with
debt and we'll be alot worse before we get alot better (if ever!)