Where did Labor spend all the money exactly?

Discussion in 'Markets & Economies' started by TheEnd, Aug 25, 2013.

  1. bordsilver

    bordsilver Well-Known Member Silver Stacker

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    That's got to be the funniest thing I've heard. They never added up. They never stuck to any promised "return to surpluses".

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    Yes, the Coalition is currently their identical fiscal twin, but for all the talk about both parties and the Coalition being "out" by $10 billion, most people seem to be ignoring that this is based on the projections for the next FOUR years. So they are really quibbling about the credibility of a couple of billion out of nearly $1,700 billion over the next 4 years. There isn't some massive cut, cut, cut difference between the two parties there's just a frickin reallocation of a bit of cash funding a few promises.

    They are both abhorrent but any pretension to the ALP being "more credible" in achieving an (eventual) return to surplus simply flies in the face of history.
     
  2. doomsday surprise

    doomsday surprise Well-Known Member Silver Stacker

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    The sooner the Gold Coast sinks into the ocean the better off we'll all be. :p
     

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