One of the great failings of the Gillard Government is its inability to curb spending.
From zero government debt to gross debt nearing $300 billion, the government has no plans to repay it.
The Gillard Government will be remembered as the most profligate and wasteful custodian of the Federal Treasury in Australian history.
Advertisement
This has made our nation more vulnerable to any shocks that could potentially come from a worsening of the European debt crisis.
The burden of paying down Labor debt will once more fall on the shoulders of a future Coalition government.
Discuss in our Forums
See what other readers are saying about this article!
Click here to read & post comments.
118 posts so far.