The Turnbull Government is just one day away from crashing through half-a-trillion dollars in gross debt for the first time ever in Australia’s history.
Treasurer Scott Morrison’s own Assistant Minister, Michael Sukkar, has today described that debt under the Liberals as:
“A truckload of debt.”
And:
“An extraordinary, an absolutely extraordinary, amount of debt.”
(Michael Sukkar, Federation Chamber, 15 June 2017)
Malcolm Turnbull posed in front of a “debt truck” in 2009 when projected debt was around $300 billion; now it’s a truckload of debt at half-a-trillion dollars and growing every year for 10 years and beyond.
Think the Liberals are better economic managers? Don’t think so.