Agent641@lemmy.world to Mildly Interesting@lemmy.world · 1 year agoin Australia, when we pay taxes, we get a receipt. The receipt shows what our taxes were spent onlemmy.worldimagemessage-square230fedilinkarrow-up12.02Kfile-text
arrow-up12.02Kimagein Australia, when we pay taxes, we get a receipt. The receipt shows what our taxes were spent onlemmy.worldAgent641@lemmy.world to Mildly Interesting@lemmy.world · 1 year agomessage-square230fedilinkfile-text
minus-squareZozano@lemmy.worldlinkfedilinkarrow-up11·1 year agoNice to see our debt is being reduced. Meanwhile, the US is struggling to figure out how not to let their economy implode.
minus-squarecubicle0924@lemm.eelinkfedilinkarrow-up7·edit-21 year agoUnfortunately paying the interest on your debt is not the same as paying down the actual (principle) debt. Unless there’s something I’m not seeing. Edit: There was in fact something I wasn’t seeing.
minus-squareFluid@aussie.zonelinkfedilinkarrow-up6·1 year agoSee “gross debt this year” and “last year”. We had surplus so it has been put toward paying down the principle
minus-squarecubicle0924@lemm.eelinkfedilinkarrow-up4·1 year agoDerp, I just looked at bar chart breakdown, didn’t see that.
minus-squareYⓄ乙 @aussie.zonelinkfedilinkarrow-up6·1 year agoThey got is sorted mate. They printing more money.
Nice to see our debt is being reduced. Meanwhile, the US is struggling to figure out how not to let their economy implode.
Un
fortunately paying the interest on your debt is not the same as paying down the actual (principle) debt. Unless there’s something I’m not seeing.Edit: There was in fact something I wasn’t seeing.
See “gross debt this year” and “last year”. We had surplus so it has been put toward paying down the principle
Derp, I just looked at bar chart breakdown, didn’t see that.
They got is sorted mate. They printing more money.