Where did Labor spend all the money exactly?

[bordsilver]

But with deficits approaching, "his numbers look more likely to add up than Mr Abbott's", The Economist says.

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

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.

 

[doomsday surprise]

Why cant there be a levy for the beaches on the gold coast to be fixed rather than my rates going up. surely everyone can chip in for that, fair's fair. As for the 300% increase, one would say the insurance companies need a boot up the ass. No money used from the levy to address those crooks was there? I guess that's the price to pay for living in a flood zone, so many places here that went under in the 60's that will go under again one day. People seem to forget after a while, the insurance companies didn't make them live there they just don't want to pay for the fools that chose to live there themselves.

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