Quote:
Originally Posted by Paul Haese
Right now Australia needs to stop spending via the government and go for a balance in the money in and money out. Some borrowing is good, but not too much.
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Probably a bit too simplified there Paul. Australia has many facets and needs but above all spending
was required and plenty of it to prevent loss of jobs and a recession during the GFC, this is not Labor rhetoric and even the coalition agreed, it was just the amount in the end that they decided to draw a difference of opinion on and such is adversarial politics. At the end of the day Australia's debt is quite modest and definitely manageable and has been used largely to very good effect in my opinion (perhaps not yours but such is life)
All good
Mike