Cant even compare them. The goverment waste and continuing debt problem will get worse until libs are back in power.
Mak, do some research on that then come back. Until then i promise not to laugh at that statement...i swear.
It aint so TINY and it continues to grow. Sovereign debt is one of the biggest issues facing the world today and yet here is the left saying "its ok we can manage it" ..I bet thats just what the Greeks said too.
Thats the thing you FAILED to consider while TRYING to be a smartass.. We will ALL have to pay this off one way or another. And there is nothing but mounting debt on the horizon for the labor gaverment..and the taxpayer.
I dunno where I read it but I guess you dont know about it... that doesnt mean its BS, unless you think you know everything of course or can disprove it. Not being able to trust someone who disagrees with you is a symptom of Posting Internet Stupidity Syndrome (P I S S).
<<< MOD EDIT:INSULT>>> Australia is sitting on a little over 20% of GDP and that is growing by a few percent per year and yet panicmongers like him think that the sky if falling and before we know it we'll be over 100% of GDP and we'll collapse. It's laughably ignorant of reality.
Remember, the Libs sold everything that they could get their hands on so they could keep spending money. The thing is what did they leave the ALP to sell? The budget is predicted to be in surplus again next year, he won't know that because right wing fear mongering websites and talk back radio doesn't mention that.
The debt clock does grow quickly though. I can understand why someone would be afraid, but compared to other countries, we have nothing to worry about.
Gillard promised it would be back in surplus, so if it happens then that is an election promise and she'll win marks in my book.
The debt clock is only growing fast for what we consider to be good money. For a government it is nothing. Compared to our GDP it is tiny.
The libs in the last gov sold things off to cover the debt the labor gov left it..Its a never ending circle..labor spends too much, libs fix it.
Why do you think our tiny debt is actually a problem efjay? Try and explain it to us beyond your usual, "Juliar is bad, Tony Abbott tells nothing but the truth!"
The libs have a better track record of keeping this country running right. Yes labor does have its place..its just not running the country and the greens should just choke.
Too much? Our smallest public debt in the Western world is evidence of beyond too much spending? Do you live in reality or are you just visiting?
