Memo To Tony Abbot: Worth a Read!


This one is worthy of a read! And, its Food for Thought! Think very carefully before you vote in September 2013!!

Ærchies Archive - Digital Detritus

Memo; Mr Abbott

Since you keep telling us how badly off Australians are, could you please tell me which countries are better off.

I’ll help you out a bit by sharing a number of charts and stuff with you.

NET DEBT

Firstly, you have spent a lot of time in Parliamentary Question Time recently asking questions about Australia’s “Huge debt ‘on our credit card'”. You keep using the number “$300 Billion”.

Here is a chart showing how that rates with other major nations’ debt.

netdebt

Our Australian debt is not only ridiculously low compared with other major economies but is shrinking in real terms!

I realise you have a problem reading stuff, Mr Abbott, but you really do have to read some things. I’m throwing in a huge set of figures which are not in chart form but do tell us something about how our debt to GDP ranks within the…

View original post 211 more words

Advertisements

About deknarf

Australian born and bred who has spent most of his working life in R&D and IP management with earlier forays in the newspaper industry and martial arts. Fortunate enough to be living in one of the best countries in the World, even though I might get grumpy with it from time to time.
This entry was posted in Uncategorized. Bookmark the permalink.

3 Responses to Memo To Tony Abbot: Worth a Read!

  1. deknarf says:

    Thanks for the comment joy! Aerchie did a nice job of pulling this information together! There are some earlier ones around the same issues on my blog in Dec 2012, Aug 2012, May 2012, Apr 2012 & Nov 2011.

    Like

  2. Joy Cooper says:

    Great set of numbers. If only Joe & Josie Public really knew about how well off this country is. They have been willingly brainwashed by vested interests within the media & the conservative side of politics who keep using the word DEBT as a battering ram to pound & terrify an economically illiterate public. .

    They believe this country is going down the scoop quick smart & is on its way to generations of penury. When people say who is going to repay THE DEBT I want to scream. Governments aren’t supposed to make a profit or even balance the books. If they are they are dudding the taxpayers.

    Like

    • deknarf says:

      Thanks for the comment joy! Aerchie did a nice job of pulling this information together! There are some earlier ones around the same issues on my blog in Dec 2012, Aug 2012, May 2012, Apr 2012 & Nov 2011.

      Like

Comments are closed.