It would be interesting to see Leigh’s economic credentials. “The economy of this country has never been in better shape”, he says. How does he know?

etc..

Australia's bill for crude oil last year went from about $23,000,000,000
in 2005 to about $30,000,000,000 in 2006.

Australia's depletion rate is around 4% a year so the imports will get
that much bigger every year, plus the increasing demand.
The advice that has been given is get rid of debt as quickly as possible
even getting a second job to decrease the debt.
There are indications that world oil depletion may have started.
World production in 2006 was 400,000 barells a day less than in 2005.
The uncertainty is that might have been caused by a reduction in demand.

So all debt will be bad and the problems with mortages that we are
seeing at present *may be* the first warning signs.

"We have already a “Big Debt Truck” it is called Government and its Bureaucracies; "

Very good point! Fact is if you want to set up a business and
export, a whole bunch of little gestapo types emerge from the
Govt woodwork to police your every move and charge you heaps
of taxes and fees. Next the unions with their list of entitlements.
So why should people bother to set up new export businesses in
Aus?

Plenty of good ideas come from Aus. There is just no good reason
to take them further here, when everyone wants to crucify those
who do, with taxes and charges.

If you are concerned about Australia's debt, so stop using all
that oil, stop buying those plasma screens, start saving and buying
BHP shares, so that profits once again come back to Aus, rather
then to overseas investors.

Meantime, if we are living beyond our means, so let the $ crash,
so that those people who are exporting despite hands being tied
behind our backs, are compensated as they should be, in a real
global market.

State Govts could act tomorrow in removing payroll taxes from
exporters. They won't, they tax exporters.