Quote Originally Posted by greybeard_ View Post
you keep missing the point ahlungor

the debt problem wasnt caused by the labor government spending too much mobey it was causes by a fall in government revenues

imagine you are the sole income earner in your household. You have a decent salary and your family becomes use to a good quality of life. Suddenly your income drops substantially but your family continues to live the same lifestyle. To cover the cost you must borrow money

its the sane thing. australia must now face the reality of reduced revenues portraying the rudd / gillard government as irresponsible big spenders is not fair.
Yep.

And people are conveniently forgetting that about half of this so-called bad debt has been racked up by the Libs since they got into power by them changing various decisions and assumptions. And there is no evidence to support that their assumptions are any more correct than anyone else's. As I said before, there purely and simply is no debt crisis. This was a right-wing media beat-up in order to get Tony into power, and it (unfortunately) worked. **shrugged**

By the way, something for the people who don't stop to smell the roses... I actually agree that Tony has not broken his core promises