rudds/swannys fantasy bidget

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sprintcyclist
Posts: 7007
Joined: Wed May 07, 2008 11:26 pm

rudds/swannys fantasy bidget

Post by sprintcyclist » Thu May 13, 2010 10:40 am

what a load of gash.

everthting has to go perfect. Best terms of trade expected for 60 years on top of the new supertax.
then in 3 years (last year of NEXT govt) he flogs himself over a $1Bill surplus.

well, the interest on rudds debt is $1/2 M per DAY.
So in 200 days, we have already gotten $1B further into dent
Not counting compounding interest.

by the imaginative $1B surplus (3 years hence), we'll be $6 B (guaranteed) further in the shit.
Not counting compounding interest OR higher interest rates.

We have not spoke about paying off any of the principle. Just servicing the debt
Right Wing is the Natural Progression.

Rainbow Moonlight
Posts: 1463
Joined: Tue Jun 24, 2008 5:23 pm

Re: rudds/swannys fantasy bidget

Post by Rainbow Moonlight » Mon May 17, 2010 12:18 pm

I wasn't goign to post here but I just can't let you get away with this utter BS. The projections are treasury ones- the same ones the Libs would have used and will likely use to work out their own promised costings.

sprintcyclist
Posts: 7007
Joined: Wed May 07, 2008 11:26 pm

Re: rudds/swannys fantasy bidget

Post by sprintcyclist » Tue May 18, 2010 9:58 am

where's the bs in this ??
.......well, the interest on rudds debt is $1/2 M per DAY.
So in 200 days, we have already gotten $1B further into dent
Not counting compounding interest........
.
Right Wing is the Natural Progression.

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