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Thread: How do you feel in paying back the debt that Prime Minister Mr Rudd has given us Australians?

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    Level 1 - Newbie jeanne's Avatar
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    How do you feel in paying back the debt that Prime Minister Mr Rudd has given us Australians?

    The debt will be well over $200 billion for us tax payers. Do you think it is/was worth while? Mr Rudd stated the debt will be temporary. How temporary do you think it will be? The Collins dictionary states that the word temporary means 'lasting only a short time'.

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    Level 7 - I know you and your Friends master's Avatar
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    All I can pay back is $1 a month.

  4. #3
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    No- his whole stimuli strategy is incorrect thus substantially cripling the Australian economy. 900 dollars to people isn't going to fix a thing. Knowing Australians, and I hate to say this, it might be spent on gambling or booze or cigarettes. And Malcolm Turnbull is right, there will be substantial amounts of debt for decades and future generations will have to pay it back. If Mr. Rudd got his priorities right, he would have used tax cuts and stimuli packages on infrastructre, not just handing out cash liberally.

    A basic formula one could use to describe Australia's economy is Labor puts us in debt and then the Liberals get us out of it.

    A 14 year-old correcting the Prime Minister of a developed nation. Wow.

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