Food for Thought

Despite inheriting a $20 billion surplus, zero net debt and $60 billion in the Future Fund, Labor is delivering:

• $78.5 billion of net debt in 2010-11 – $3,500 per person
• $4.6 billion of interest paid on net debt in 2010-11 - $205 for every Australian
• A Budget deficit of $40.8 billion in 2010-11 (the biggest deficit since World War II)
• To fund its reckless and wasteful spending, Labor needs to borrow more than $100 million every day.

Do you and your most of your friends still have jobs, homes and food on the table? Most of the world does not and 10-13% of people in the UK and US don't.

You have to spend lots to keep the wheels turning when the economy turns to $h1t.