Debt phobia is doing long-term harm

By Richard Denniss
Updated November 15 2018 - 11:08pm, first published March 6 2017 - 4:33pm

The Coalition Government is still paying a heavy price for Tony Abbott's "ability" to simplify complex policy issues down into three-word slogans. His promise to "stop the debt" worked a treat for him in opposition but it made him look a failure as Prime Minister when debt grew rapidly on his watch.

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