Aussie Election Results

[Aractus]

shoosh you!  (they don't know)

I fear we're going the way of Europe - huge unsustainable public debt. There's no reason in times of relative prosperity like now that we should have a deficit - and the fact that the ALP came within $10B of the Coalition's forecast for 2019 is really concerning. It proves they aren't going anywhere near far enough in their "cuts". The other fallacy that gets thrown about is that Labor is for "health and education". Health, Education, and Defence combined make up the overwhelming bulk of 'discretionary spending'. Foreign Aid, Research, Government Grants for example pale in comparison. The Greens would like to see much more money devoted to Foreign Aid, Research and Grants. Which we obviously can't afford without cutting Health, Education, and Defence. I think we need to look at Health and Education for cuts, as well as, and especially, Defence. If not then we're going to be in deficit forever, like European countries, and like USA, and our grandchildren, and their grandchildren will need to sacrifice their standard of living to repay it. China will be living off the proceeds of the world's debt for generations. They already have the buying power to deprive Australians of necessities - which has already happened, for example with Baby Formula. Imagine when that happens to Aussie meats...