The Morrison government's hypocrisy on debt and deficit is galling | Greg Jericho

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During the global financial crisis, Mathias Cormann said Labor’s budget debt was ‘panic stuff’

On Thursday the treasurer and the finance minster announced that the deficit for 2019-20 would be 4.3% of GDP, and the current financial year would see a $184.4bn deficit – 9.7% of GDP. Consider during the GFC, the biggest deficit was less than half that size.

 

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The Morrison justice league's hypocrisy on debt and deficit is galling | Greg Jericho

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