grouchiegrrl: Black cartoon cat (Default)
grouchiegrrl ([personal profile] grouchiegrrl) wrote2010-08-18 08:11 pm

Spreading it around

From [personal profile] lauredhel  Some figures to consider before voting.

The Australian Election 2010 Infographic

Some inconvenient facts to dispel right wing misinformation

Number of 'boat people' arriving: 

2,750 Under Kevin Rudd Labor Government 2009

5,516 Under John Howard Coalition Government 2001

Source: http://www.aph.gov.au/library/pubs/bn/sp/BoatArrivals.htm

Government debt for Australia versus the G7 nations

Percent of GDP as net debt (approximate values from chart)

Australia: 3 percent

Canada: 30 percent

Germany: 70 percent

United Kingdom: 72 percent

France: 70 percent

USA: 60 percent

Italy: 110 percent

Japan: 140 percent

Abbott is running a scare campaign on Labor's ‘massive debt'. It's actually the smallest debt in the industrialised world and helped keep Australia out of recession during the Global Financial Crisis. His policies are to make cuts everywhere and not invest in infrastructure. This is a comparable strategy to playing Monopoly and saving your cash instead of buying properties.

Source: IMF World Economic Outlook April 2010. IMF Fiscal Monitor May 2010 and Treasury.