Belly, you need to do one of two things, either grow up, or leave olo, because comments like that make you look like a spoiled brat that wants to take his ball and go home.

Ilinfomed you say.

Well even you must realize the enourmesy of the task ahead of this man in trying to once again clean up labor's towering debt, for the second time in little more than a decade.

They did it last time, I doubt they can do it again without really hurting someone.

The likes of you and your supporters who helped create this mess need to realize that we were in great shape before your lot got hold of the cheque book.

Just imagine how good things would be if labor had left the books the way they found them.

Sure, there was the GFC, but that's it, the only excuse they have. The rest of the stuff ups, and there are more than anyone cares to count have been the result of poor government policy and incompetent management.

Now if the black hole is in face 70 billion, then I hate to think how much it will be if these fools go their full term.

Thanks again to you and your loyal supporters for your blind sided efforts in helping to ruin this great place.

http://www.smh.com.au/national/public-service-same-size-as-20-years-ago-20110814-1it39.html
Speaks for its self.
Danger!this substance may be considered unwanted and may inflict injury on parts of the body.
Ego is known to be affected in some.
Rare here but usually known as
TRUTH! be aware of its impacts.

Who was in power 20 years ago, That's right a labor government that also managed to build up a vast public debt.

The $70bn black hole left by labor, is equivalent to the 10 yrs interest on the federal debt racked up by labor, and includes provisions for compensation of carbon exemptions of $24bn, that may not arise, and much of it can be funded by scrapping some of labor's sillier projects such as the NBN and carbon tax.

The rest left to find can easily be carved out of labor's bloated bureaucracy.

The interesting thing about that article is that it doesn't take into account the enormous growth in the outsourcing of key APS functions, including a great deal of welfare activity.

If we add in the number of people employed by Anglicare (Spiritus), Mission Australia, Uniting Care and the Salvos I suspect we could probably add another 20-30% to the figure given in that article. Then there is the large amount of outsourced public works activity. Commonwealth Department of Works (later Housing and Construction) was abolished in 1975 and all of its activities were outsourced.

The most intriguing aspect of APS growth is the massive increase under Howard after Keating dismantled so much of it. It's completely counter-intuitive in terms of the ALP/Liberal dynamic.

Of course, Howard understoof that his primary constituency was professionally-qualified people with high incomes and the APS has the largest proportion of those in the nation.

The whole topic is much like the discussion of unemployment, when "employment" is defined as working just 1 hour in a fortnight. It might make for nice headline numbers, but it doesnt aid understanding of the problem.

Remember the who ha when Barnaby Joyce pointed out the deceptive way
of showing the real debt. ie gross debt & net debt.

From what I can make out this is the way they compare debt against GDP.
GDP includes all transactions, is A pays B $10 and then B pays C $15
for the one product and that is $25 GDP.
So compared to GDP our debt is a lot lower than comparing it to
government income.

I would like to hear Barnaby Joyce's figure for our debt as I find it
hard to accept the governments figures.

http://www.abc.net.au/rural/news/content/201108/s3293459.htm
Give poor old Tony a break.
Yes he said both yes and no, in three days on this question.
But he says that all the time.
Leave the poor fella alone ,in time, after some thought, he Will decide what statement was the scripted one.
What a choice! worst PM or wost opposition leader becoming even worse
PM.