God, can you just imagine Abbott representing Australia at international events. Everyone will think we are a bunch of dumb **** cashed up bogans!! Cringe.
Let's see -
NDIS part funded by medicare levy increase. WA not on board, but all other states are.
Lowest interest rates in decades
Economic growth for 21 years
No recession during gfc or Asian financial crisis
This was an article from 2 years ago, but hit the numbers perfectly. A $20 billion dollar deficit! Great article to show how incompetent they have been.If Labor were spending at the same rate as the Coalition was then, the budget would be heading for a deficit of more than $20 billion in 2012-13, rather than a surplus of $3.5bn.
Isn't that good? Increasing spending within your budget? Costello managed a surplus in each of his budgets despite the spending increases. I'm sorry, but I think that article further highlights how poor the current government has been.Mr Costello held government spending to a real increase of 1.9 per cent a year in his first four budgets between 1996-97 and 1999-2000.
But his last seven budgets between 2001-02 and 2007-08 increased real spending by 3.3 per cent a year. In his final term, between 2005-06 and 2007-08, the figure was 3.6 per cent a year.
A fraction? 40% will be covered by the increase. It will cost $1 a day for an average worker. That's not that much to help out those less fortunate.
Australia is in good shape. You know we are so lucky to be here. Europe is a disaster.
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