Was Barnaby Joyce right about Labor’s record on debt? AAP Image/Mick Tsikas May 2, 2016 FactCheck: was Barnaby Joyce right about Australia’s debt under Labor? Fabrizio Carmignani, Griffith University Deputy Prime Minister Barnaby Joyce said that when the Coalition lost government in 2007, Australia was owed billions by the world – but that when the Coalition regained power in 2013, Australia was in debt. Is that right?
Even Congress gets into the Christmas spirit. Reuters January 11, 2016 Congress’ bipartisan Christmas gifts will lead to ballooning deficits Robert C Pozen, MIT Sloan School of Management Future taxpayers were the big losers of the trillion-dollar budget deal, who will have to shoulder the burden of higher interest payments.
A crisis for whom? Dollar image via www.shutterstock.com July 8, 2015 Is student loan debt really a crisis? Robert Kelchen, Seton Hall University For many borrowers — particularly those with advanced degrees — a high debt is far from a crisis.