Malcolm Turnbull (Wentworth, Liberal Party, Minister for Communications) Share this | Hansard source

What we see with the opposition is an extraordinary exercise in economic denialism. They feel as though the budget has just emerged from a bubble last year and they would like to forget six years of Labor government. Well, we understand that. They are, after all, only human. Everyone would like to forget it, but sadly we cannot. Australians cannot forget it, because they created the debt and deficit which we are now seeking to address, and we are reducing, as the Treasurer just said, that debt. We are bringing down that deficit, but it is a slow process.

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