Abbott tells it how it is:
QUESTION:
Interest rates are expected to go up again, um… Who would you blame?
TONY ABBOTT:
Well, if you’ve got the government out there borrowing more than a billion dollars a week that puts a lot of pressure on interest rates. Now, plainly interest rates will always be higher than they otherwise would be when you’ve got the government out there in the market borrowing as dramatically as this government is.
Keep informed of Australia’s sovereign debt level… unlike Finance Minister Lindsay Tanner, who doesn’t bother.
See for yourself just how much this wastrel Government is borrowing every week, by clicking here. To see how much they intend to borrow in the next few days, click here.
Already, you are better informed about Australia’s debt than the Finance Minister.
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