The Forum > Article Comments > Budget cuts spell disaster for the vulnerable > Comments
Budget cuts spell disaster for the vulnerable : Comments
By Tristan Ewins, published 16/5/2014Massive cuts to health, education and welfare fly in the face of the Government’s pre-election commitments.
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This is from my source which contradicts your assertion. Can you provide your link please?
“Liberal MP Kelly O’Dwyer said Mr Swan’s ownership of Australia’s favourable credit rating was one of the “myths that the Labor Party have tried to perpetuate” about the economy.
“They like to claim the AAA credit rating. In fact it was under the Labor Party that we lost our AAA credit rating in 1986 and 1989,” Ms O’Dwyer told Sky News.
“We got it back with Moody’s and Standard and Poors (during the Howard government) because we repaid back Labor’s debt.”
http://www.theaustralian.com.au/national-affairs/budget-2014/bomb-thrower-tony-abbott-threatens-aaa-credit-rating-former-treasurer-wayne-swan/story-fnmes6jc-1226909934834