Thank you jonb. This is my point entirely! While yes Australia has an almost laughable debt per capita we also have a minuscule population and the majority of our manufacturing is outsourced to south East Asia. Once the resources run out there is nothing to fill the gap for all the rhetoric of the current government. Like our shadow treasurer, I have sleepless nights about our economy.
Not to say that America (USoA) can't reign in it's expenditure on say military R&D.
Not to say that America (USoA) can't reign in it's expenditure on say military R&D.
"The Universe is run by the complex interweaving of three elements: energy, matter, and enlightened self-interest." G'Kar-B5