Business
‘A slight against the next generation’: Anderson warns of debt hangover left by pandemic – Sydney Morning Herald
Former deputy prime minister John Anderson, part of the last government to produce a budget surplus, says Australia has become complacent about debt and deficits….
Mr Anderson, who served on the Howard government’s expenditure review committee as it produced budget surpluses in all but two of its years in power, said the lessons of the dangers of government debt were being deliberately ignored.
He said the key message of the 1996 election was that debt was “inter-generational theft” and that had not changed.
“It is so easy to simply borrow and concerns about indebtedness seem to have really weakened. We seem to have this idea you can just print money and throw…
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