Even worse it that we will be posting deficits for a decade at least...    The economy is BAD... people are STRUGGLING... there is no money and people have stopped spending.. we are in trouble...      might not be Labor's fault completely.. but they have done nothing to help... they ignored all the opinions that we are heading for trouble and said it was just fear mongering...    Well, we are there... I hope people don't have huge CC debts and that they managed to put some cash away... we are in for a bumpy ride.

LL has said on a few occasions he/she does not have CC debt so maybe he/she could give us all a lesson in how to live without using credit.

Must be clever,very frugal and not do much because governments can't work without credit.