surplus and debt , fact and fiction
With the passing of Gough we hear expressions lauding the ex PM and some not so generous and then adding RIP as if they mean it. I hear and read a lot of things but when I check them out find the facts different from the fiction. Half truths trotted out as fact.
Menzies never had one surplus in 23 years yet is lauded not only as a great PM by the liberals but an example of their brand being money managers. Howard as treasurer under Fraser had high unemploynent and high interest rates together with higher net debt that when they gained office from Whitlam.