People’ Forum on August 21 as both leaders reply to undecided voters!
The above table by an Australian Research scholar.
By Rekha Bhattacharjee
The Prime Minister has said many times that Australia has a low budget deficit and debt to GDP compared with other major economies, and pointed to Australia’s AAA rating as evidence of a strong economy.
The data indicates that the Prime Minister’s statement about the debt position of Australia is correct. The economy is doing relatively well by international standards.
The Opposition spokesman Andrew Robb says ”“
“I remind you that Lehman Brothers, the collapse of Lehman Brothers, which started this global financial crisis, on that very day, they still had a AAA credit rating”¦ You can’t place enormous store in the rating agencies. They do get things very badly wrong”.
But unlike Australia, the US and UK have been downgraded from AAA to AA+ by some ratings agencies
The data indicates that the Prime Minister’s statement about the debt position of Australia is correct. The economy is doing relatively well by international standards.
Economy ”“ issue number one!. The Opposition has not given out any policies or their budget costings ”“ more like “Me too”! Abbott has adopted Labor’s Job Policy today like Education & more.
Yet in opinion polls Labor is trailing badly ”“ mainly in the marginal seats! Taken together the results suggest Labor is in trouble, more trouble than the nationwide polling has been showing.
The next – not debate ”“ A People’s Forum – a hundred undecided voters will ask questions that both leaders will reply to on Wednesday 21st August 2013 in Queensland.
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