Federal Treasurer Wayne Swan has conceded the Opposition is correct when it claims Labor is borrowing $100 million a day to pay back Government debt. Mr Swan says the Government borrowed the money to support the economy during the global financial crisis.
This Labor Government is sending the Country broke, $100Million Dollars a day, that a hell of a lot of money. How do they expect to pay this back plus all the other debt by 2013, if you believe that, you will believe anything. Tony Abbott and the Liberal Party was telling the Truth when they originally talked about this $100M. debt, it makes it very hard for small business as well if the Government is borrowing all this money there is less for others to borrow, not only business but home owners etc. You just can’t believe anything this Labor Government has to say, and their record proves that point.