Column - So much pain just to halve Labor’s monster debt | Herald Sun Andrew Bolt Blog
THIS Budget says something terrifying about Australia, so hooked on handouts. How can it hurt so much to do so little?
The Abbott Government is dicing with political death to make so many
cuts, raise so many taxes and charges, and break so many promises.
Yet even after all this pain we still won’t post a surplus for at least
another five years, and Labor’s debt will keep rising until then.
Oh, just to show the legacy of Labor’s criminally reckless spending,
this financial year will leave us with one of the biggest deficits in
our history — $50 billion — racked up at a time of growth and high
prices for our minerals.
So you think this Government is now too brutal, slashing family
payments, slugging uni students, taxing the “rich” with a deficit levy,
hiking petrol prices, charging for doctor visits and sacking 16,500
public servants over four years?
Well, stop whingeing: despite all these cuts, government spending is
still going up by $56 billion over the next four years, from $411
billion this financial year.