Very nicely put Comrade Yale sadly too many people think that because we are not in the same pile of shit as other countries that we do not have to worry. That is of course madness , but madness is the Labor way after all.
KEVIN RUDD and his ceaseless sideshow of senseless spin continues to roll merrily along; fresh from his dubious success on asylum seekers, Kevin and the ALP are turning their focus to debts and deficit. The Labor story may be correct in a literal sense, but in reality its dishonesty is breathtaking.
Labor last night launched a new 30 second TVC, entitled “The Facts On Debt,” which — as ever — I am more than happy to share. Readers can access this masterpiece here.
First, the facts — as Rudd presents them.
Is Australia’s debt, per capita, one of the lowest in the developed world? Yes.
Is Australia one of only eight countries in the world with a AAA credit rating? Yes.
Does Australia rate a stable outlook from the three major credit agencies? Yes.
Kevin’s facts are 100% accurate — if taken strictly at face value.
So why, in Rudd’s words…
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