Tuesday 19 May 2009

300 billion reasons for concern

So now it's official. Even though the PM was asked three times to say it, and still couldn't, forecast debt is set to peak at $300 billion. With no silverware in the cabinet left to sell (Howard sold the last of it bailing the country out of the last ALP government debt of $96 billion), my unborn children will still be paying this loan off. IF we need to restructure the budget, then do it Kevin. Stop deferring the "national interests" for your own self interest.

http://business.theage.com.au/business/federal-budget/pm-admits-debt-will-hit-300-billion-20090519-bd13.html

And here is the video:

http://www.abc.net.au/lateline/content/2008/s2574225.htm

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