The Abbott "debt crisis" lie

The Abbott gov has been banging on about Australia's "debt crisis" pretty much since Abbott was elected opposition leader. That's all fair in electioneering I guess, although I suppose it's up to the opposing party to bang on to counter the argument; something that the Labor gov seemed utterly hopeless at. So this opposition debt crisis lie survived to the election and now beyond as Abbott goes about slashing and burning as a "necessity" to save Australia from drowning in it's own debt, or something equally as miraculous as that.

The truth is that the Abbott gov is simply doing what many conservative gov's do. That being to "open the books" and discover the disastrous state of our finances, presumably hidden from us plebs until now when they're heroically revealed to us by our debt saving gov. We must cut the public service! We must cut programs! We are in dire straights! We have to do this now for our children! All very well I suppose if we actually had a debt crisis which we don't. What we actually have is a new gov that's pulled the wool over the eyes of those members of the voting public who actually believe this conservative rubbish. It's a mechanism for their hidden agenda; fuck the poor and encourage the rich to make more money.

Now Abbott has gone star struck to the Washington Post, and has broken with decorum to bag the previous Gillard and Rudd gov's.

Mr Abbott told The Washington Post that the former Labor government's conduct was ''a circus'' and was ''scandalously wasteful''. 

''It was an embarrassing spectacle and I think Australians are relieved they are gone,'' he said. 

Asked about Labor's plan to extend fibre to every household under the National Broadband Network, Mr Abbott said: ''Welcome to the wonderful, wacko world of the former government.'' Read more 

Well there goes the NBN again.... Aside from the implications that these comments make him look stupid, and may interfere from here on with Abbott's relationship with Obama who had a very close relationship with Gillard, the entire thing Abbott says is a complete fabricated lie. And the dumb fucks who couldn't be bothered to find out for themselves believed it and voted for him. Now look where we are. Being led by an unrepresentative liar. A simple Google search and viola, the real facts are clear.

All those who believed the "debt crisis" Abbott lie, think of this graph when you lose your entitlements or job; it's not to save the country from debt, it's to enable Abbott's agenda. Or "mandate" as Abbott likes to call it. This is from 2012:

Australia has the third lowest gross debt to GDP of countries in the OECD. The latest data from the IMF shows that Australia’s government net debt as a percentage of GDP sees it ranked toward the bottom of comparable advanced countries. Compared with the advanced country average Australia’s debt (in 2010) was one seventh of the average debt amongst advanced countries (77.4 per cent), and less than half New Zealand’s debt, 34 per cent of Canada’s debt and 14 per cent of the UK’s debt. more

These facts have been around for ages. They didn't just spring forth after Abbott was elected. In fact if you look at the whole article our debt has been low for ages too. 

So there it is, the Abbott debt lie.

BTW, speaking of "Scandalously wasteful", can we have back the $90,000 then Tony since you were too lazy to fly on Qantas?