“Having rescued the economy from damage done by the Coalition and stabilising government debt, the ALP is polling well for a second term in office.”

  • An interesting take from Koukalas from back in July. Still valid?
  • shirro
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    3 days ago

    What is the point of saying it if the press won’t report it?

    There were probably extenuating circumstances after 2019 but I have no idea what was going on under the Hockey and Morrison treasuries. Hockey might have been disinterested but Morrison was a disaster. They kept on taking on more debt and where was it going? Not increased services for taxpayers. Mates? Waste? Corruption? Who knows?

    Our percentage of government debt to GDP still isn’t too bad in global terms. Even under the coalition while it was lax management and dodgy deals it wasn’t going to break the nation.

    It was certainly going up under Gillard but very notable the massive outrage in the press ceased as that continued and considerably worsened under successive coalition governments. Extremely biased press coverage and complete dumbarsery from the Australian public to accept the media spin when the debt figures are public record.