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	<title>Guy Beres &#187; Billion</title>
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		<title>Whatever you do, don&#8217;t say billion</title>
		<link>http://guyberes.com/2009/05/25/whatever-you-do-dont-say-billion/</link>
		<comments>http://guyberes.com/2009/05/25/whatever-you-do-dont-say-billion/#comments</comments>
		<pubDate>Mon, 25 May 2009 10:05:08 +0000</pubDate>
		<dc:creator>Guy</dc:creator>
				<category><![CDATA["Economic Conservatism"]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Rudd Labor Government]]></category>
		<category><![CDATA[Billion]]></category>
		<category><![CDATA[Kevin Rudd]]></category>
		<category><![CDATA[Wayne Swan]]></category>

		<guid isPermaLink="false">http://guyberes.com/2009/05/25/whatever-you-do-dont-say-billion/</guid>
		<description><![CDATA[It was getting a little absurd and starting to backfire dramatically, so the Prime Minister and the Treasurer were forced to halt their &#8220;billion ban&#8221; charade in parliament today. 
As has been previously observed:
It&#8217;s been suggested Kevin Rudd would not utter the phrase &#8221;$300 billion&#8221; for fear his words will be used in coalition advertisements [...]]]></description>
			<content:encoded><![CDATA[<p>It was getting a little absurd and starting to backfire dramatically, so the Prime Minister and the Treasurer were forced to halt their &#8220;billion ban&#8221; <A HREF=http://news.ninemsn.com.au/national/815211/public-debt-to-reach-300-billion-rudd TARGET=_blank>charade</A> in parliament <A HREF=http://www.news.com.au/heraldsun/story/0,21985,25534748-5005961,00.html TARGET=_blank>today</A>. </p>
<p>As has been previously <A HREF=http://www.news.com.au/heraldsun/story/0,21985,25516645-662,00.html TARGET=_blank>observed</A>:</p>
<blockquote><p>It&#8217;s been suggested Kevin Rudd would not utter the phrase &#8221;$300 billion&#8221; for fear his words will be used in coalition advertisements during the next election campaign. </p>
<p>&#8230;</p>
<p>Mr Rudd said debt would peak at  &#8220;around about 200, our gross debt at about 300&#8221; in 2013-14. </p>
<p>Asked to explain 200 or 300 of what, Mr Rudd responded: &#8220;These are billion figures.&#8221;</p></blockquote>
<p>The genius (whoever they are) in Federal Labor&#8217;s leadership team who seriously believed that the government could get away with its senior members not saying the word &#8220;billion&#8221; for the next 18 months or so must be living on Planet Wacky. It&#8217;s a little disturbing that this wacky idea was even successfully sold to the men who are overseeing the nation&#8217;s response to the financial crisis, and that they ran with the &#8220;billion ban&#8221; for a day or two. The Coalition would be nuts not to make fun of the Prime Minister&#8217;s use of &#8220;200&#8243; and &#8220;300&#8243; in their election campaign next year.</p>
<p>Madness.</p>
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