Just months ago Gillard told the EU how to run their economies, much to the laughter of real economic managers and world leaders.

Even though Greece has been the scapegoat and dunce of Euro economics in the world press over the past year primarily because of a citizen’s debt of $43K for every man woman and child in the country, we have beat the Greeks hands down.

With Australia’s debt running up to $200 BILLION every man woman and child now owes $91K.

This figure does not incorporate State debt, and every Labor State government that was thrown out of government in the past three years has left their citizens with as much as $31K per woman man and child.

OUR TOTAL NATIONAL DEBT IS A RECORD 1 TRILLION DOLLARS.

Five years ago every man woman and child in Australia was in credit to the tune of .93 cents each.

I grapple to understand why Labor voters stick their hands back into the fire when those that they support do not give two stuffs about them their families or their futures. Could the Labor supporters advise me as to the reasoning behind their choice to continue to support a failed team, “please explain”?

I will try SOG to put it in words you can understand.
Some of us, do not have the confidence in you , you have in your self.
Having made a statement you then except it as true.
I have seen some words from you that are, well not believable.
I rather think you should read the current views about the ONLY POSSIBLE PM bar the disastrous Gillard.
His miss use of truth stacks mountain high.
His self worth higher and miss placed too.

TRILLION DOLLARS?

Please explain where you got that figure from?

http://www.debtclock.com.au/

Bugsy>> TRILLION DOLLARS?
Please explain where you got that figure from?<<

Read em and weep bugsy. We currently have the highest debt ratio to GDP in the history of this fair commonwealth, and the citizen portion of that debt via our government has gone from .93 credit to $90K each for every single one of us.

Wikipedia>> The economy of Australia is one of the most developed, modern market economies in the world, with a GDP of approximately US$1.6 trillion.[14] Australia's total wealth is 6.4 trillion dollars. In 2011, it was the 13th largest national economy by nominal GDP[15] and the 17th largest measured by PPP adjusted GDP, representing about 1.7% of the World economy. External debt is $1.169 trillion (31 December 2010 est.)<<
http://en.wikipedia.org/wiki/Economy_of_Australia

Belly my china, you talk the talk but you don’t supply verifiable, on public record statistics as I do.

The only thing you have to say is that Abbott is a zero, perhaps he is, we will see….but it does not answer my facts…it’s still my team right or wrong, it’s simplistic to the extreme….perhaps that’s why they call myopic socialists such as your good self Fabian extremists……you have no point of view other than the regurgitated party line…four legs good….two legs bad….bah…bah.

Utter rubbish as usual.

The external debt figure is total debt, the majority of which is privately held by individuals and corporations.

Even Howard retired his "debt truck" once the private debt figure kept multiplying every year.

It's the same misleading nonsense as alleging China was opening a new power plant every 3 minutes - that's 175,200 per year, but I think that's somewhat unlikely.

Wobbs, what is rubbish? The Trillion dollar debt? I said it was the total debt. It incorporates a balance of trade component. Did not mislead and the figure is fact…..so what is utter rubbish Wobbs?.......please explain.

I know that Howards “debt truck” was bequeathed to him from the outgoing Labor clowns, who were a load less clownish than the current post grad Labor clowns who have ruined our nation.