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The internet needs a sarcasm symbol. I was just writing the fist line for the Team Juliar fan club to help them along. The $180B (come the next election) is in fact about $200B in Labor spending in 6 years. That's just crazy. Coming into the next election I expect Juliar to go on a...

Meanwhile, somewhere in Australia, a Somersoft user is franticly using Google to come up with the quintessential argument to win us all over and win the internets. :D

Well, first off, $16B of the $180B is Liberal debt blah, blah, blah..... But we're gonna be paying about $10B a year just in interest!!!!! That's more than 5 times this year's forecast "surplus". So just running along that way, the debt will still be increasing by $8B pa by still...

But did they need the farm? So paying about $6B pa in interest alone is reason enough to leave things the same? Add that into the equation over the Howard years and we'd be about another $90B in the red and going back faster to the tune of about $16B in interest alone, compared to about...

I agree. But hey others might say that these assets have been devalued without their political overlords interfering.

What are we talking about now? There was $96B in debt that Howard paid down and then some. When the Libs were voted out there was a nice healthy positive balance. How's that looking now? I'm looking forward to the fudge job by treasury to get the budget into the black this year.