Tony Abbott Warringah, Liberal Party, Prime Minister
2:29 pm
This opposition, when they were in government, proposed on numerous occasions to raise the debt ceiling because they were addicted to debt and deficit. That is one of the many reasons why people wanted them out. While we always criticised their policy, while we always opposed the policy of debt and deficit, we never, when I was the leader, voted against it in the parliament.
Harry Makris
Posted on 15 Nov 2013 7:40 pm
....theacademyplanet....(THIS IS A RE-POST)
....the real farce is that Australia has fallen for the Debt Trap.....
.....Like so many other "third world"..countries....
...Debt creates a false economy...which rely's on consumption (of Debt)...together with its problems as interest payments further drive down local capacity as foreign dependence grows
Sales of commodities are market driven (unreliable)
...and taxation (austerity) is unsustainable without comparative growth...
Debt either gets paid back....or you Default.......
Remember....It is not the seeing the problem that defines you....it is seeing the solution....
A "Great Work" is required...Which can absorb local potential (vertical)....
...while addressing global goals..(horizontal)...
...and...to redefine Australia"s National/World Identity in the 21st. Century....
theacademyplanet