Comment on Labor looks likely to win 2025 Election
spiffmeister@aussie.zone 1 month agoThey inherited a bit of a mess thanks to covid, the global economy and the previous government.
I like how during the 10 years of lnp government it felt like we heard “we’re cleaning up their mess!” what felt like all the time. But I don’t recall this government saying it beyond the first few weeks. Are their political strategists dumb? Maybe.
shirro@aussie.zone 1 month ago
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.