Australian Politics – You Do Know We’re Broke, Don’t You?

Posted on Sun 05/01/2016 by

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Bolt New 01By Andrew Bolt ~

Another billion-dollar promise. You would never guess the Australian government was deep in debt:

DebtThe Turnbull government will invest an extra $1.2 billion… over 2018, 2019 and 2020 – the final two years of the Gonski Education Plan, plus an extra year.

The annual increases are more generous than what was being offered by former Prime Minister Tony Abbott’s government, which tied school funding increases to inflation of 2.5 per cent…

The government has already publicly announced it will contain a $50 billion city infrastructure plan, a $5 billion dental plan and restored funding for the corporate regulator ASIC.

There is a dangerous air of unreality to the election debates.

Andrew Bolt writes for the Herald Sun, Daily Telegraph, and The Advertiser and runs Australia’s most-read political blog. On week nights he hosts The Bolt Report on Sky News at 7pm and his Macquarie Radio show at 8pm with Steve Price.

Read more excellent articles from Andrew Bolt’s Blog . http://blogs.news.com.au/heraldsun/andrewbolt/