The Abbottalypse burns ‘Budget crisis’

Wednesday 18 March 2015

The Abottalypse rolls on, from The Australian:

TONY Abbott says the Coalition has saved the nation from debt of “Mediterranean proportions’’

…“There’s no cause for alarm under this government because we have got the budget situation from out of control to manageable,” Mr Abbott said.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.