House debates

Tuesday, 22 November 2011

Matters of Public Importance

Mid-Year Economic and Fiscal Outlook

4:08 pm

Photo of Andrew RobbAndrew Robb (Goldstein, Liberal Party, Chairman of the Coalition Policy Development Committee) Share this | Hansard source

What do you think about jobs? What do you think about jobs for working families? Where are the working families in manufacturing and in small business? You cannot stand up here and say that you believe in and support working families when you have lost 435,000 jobs in manufacturing and small business in your term of office. You hypocrites! That is what you are. You stand up there and say one thing and do the other.

We have seen it endlessly. We saw it again today in the House. The government tell us that they have everything in good shape: 'Don't worry about what's going on in the rest of the world—we're better off than the rest. We don't have any threats to us.' Then you look at the structural deficit—I bet that half of them would not even know what a structural deficit is. It happens to be the level of spending commitments that will go on regardless of the revenue. A structural deficit is one where you have expenditure which goes on and on. It is a long-term commitment. The trouble is that the structural deficit in this country has relied on 140-year high levels in—

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