It seems most budgets there is talk of something before which then makes us think 'phew' when the real budget comes through. There is an infographic going round on FB at the moment -
"Government Gross Debt as a percentage of GDP
Australia 33.7%
UK 109.1%
US 109.1%
GREECE 183.7%
JAPAN 228.4%
If Australia's Economy is in crisis then the rest of the world is doomed"
I am sure there is a need for some scale backs - but I think they have to be careful of "throwing the baby out with the bathwater"





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