Meanwhile In Australia: 'Budget Surplus, No Problem Mate!'

Oct 23, 2012 at 12:14 AM
DailyBail in Debt & Deficit, australia, australia budget, budget surplus, debt, deficit, video

Hoocoodanode?  Not everyone borrows 35 cents of every dollar.

Proof that budget discipline does indeed exist somewhere in the universe, at least not on a continent regularly inhabited by Paul Krugman.

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Bloomberg (Oct. 22) - Australia’s government will tighten health-care spending and scale back family support payments to help deliver an election-year budget surplus, giving the central bank scope to further reduce interest rates.

 

 

 

Article originally appeared on The Daily Bail (http://dailybail.com/).