Wednesday, May 08, 2013

Can You Spot The Pattern?

Honestly, how dim have you got to be?

AUSTRALIA faces at least a decade of debt until the billions in borrowings under Labor can be wiped from the Budget books, according to economists.

Treasurer Wayne Swan declined to comment yesterday on when he thought the current $144 billion net debt level could be repaid...

The Howard government took 10 years to pay down the $96 billion net debt inherited from Labor in 1996.

-- Nick

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