The Forum > General Discussion > Has the Coalition DOUBLED Australia's deficit? Yes, and here's the proof.
Has the Coalition DOUBLED Australia's deficit? Yes, and here's the proof.
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I'll yet again explain the basic maths involved to you (reduced to its most basic mathematical level to help you understand) --- when over 20 years a $10 investment produces a $15 overall return, that's NOT a $10 loss to Australia's wealth, it's a $5 GAIN. I explained this earlier, obviously maths is not one of your strengths. As long as immigration continues it will draw on our resources, and it will repay that ten times over. There's ALWAYS a minority of bigots and hateful racists who say "this" lot of immigrants are "different" and will bring Australia to it's knees.... They said it in the 50s, they said it again in the 60s, they said it again in the 70s, they said it again in the 80s etc etc etc etc.
For example, in the 60's some people were terrified that those horrible, alien immigrants from Greece and Italy were destroying our economy and dividing our culture. They said the cost was too high, and that these wicked aliens would never, ever assimilate and contribute to the wealth of Australia. Laughable isn't it Rehctub, just as "your" current fear and paranoia will be viewed as equally laughable in 50 years time.