Enmoretiger 0
New member
@bathursttiger1 said in [Politics Super Thread \- keep it all in here](/post/1373220) said:@enmoretiger-0 said in [Politics Super Thread \- keep it all in here](/post/1373195) said:@tiger5150 said in [Politics Super Thread \- keep it all in here](/post/1372429) said:@enmoretiger-0 said in [Politics Super Thread \- keep it all in here](/post/1372361) said:Please ***I don't mind being quoted, but get it right.***
John Howard DID preceded over the largest non war deficit this country has seen and that was when he was treasure under Fraser.
Mate I dont want to misquote you, which is why I have left this quote on by itself. It is simply untrue.

82 was Howards last budget as treasurer and it was surplus, not deficit.
The economy was buggered at this time and there was double digit inflation, interest rates and unemployment.....it was also global.
Hawke and Keating then undertook the most extensive restructure since the war and completely fixed the underlying economic issues.
The largest deficits of all time have been under Rudd (2010, post GFC) and 2020 under Morrisson (COVID).
Correct me if Ive misquoted you anywhere.
https://tradingeconomics.com/australia/government-budget
Ok I owe some facts, I will get back to this but at the moment too busy at work, but I will leave you with this; John Howard has the distinguish of being the only treasurer in Australian history to have inflation, unemployment & interest rates at double figurers.
Have a look at interest rates under Keating, we had a mortgage at the time he was treasurer paying 21% through a building society.
That's enough to never trust Labor ever again.
I know some people will never change their opinion and that is fine that is your choice, but you do realise it was the ALP that provided the modern economy that is the democratic world bench mark? If the Torie's could have done that, why didn't they previously; they had 26 years after the war and managed to run Australia through boom and bust economies on a continues cyclic pattern. Sticking to trickle down economic theory that helped their donors.