Government Debt

: Consumers, and that means voters, are starting to suffer financial hardship which is one reason the Coalition should find any issue other than economic management to fight the upcoming election on, according to The Guardian. Related:Abbott has given up on debt and deficit reduction, but few have noticed Stephen Koukoulas Making the issue of economic management even more parlous for the Abbott government is its abject failure to deliver on its pledges and promises prior to the September 2013 election. The economy remains moribund, with each hopeful snippet of good news quickly shot down by a flood of mediocre or downright bad news. Those included return to budget surplus, cutting government debt and having a pro-business strategy in its economic policy management. Even last week, Abbott said, without a hint of embarrassment, that his government will fight for jobs, we will fight for investment and we will fight for growth . The inference from this powerful rhetoric is that under the Abbott government and its policies, the business sector would be strong and the economy robust. Indeed, on election night in 2013, prime minister elect Tony Abbott declared Australia open for business . Abbott has reiterated this mantra since that time with his economic growth and jobs theme. (news.financializer.com). As reported in the news.