this post was submitted on 21 Jul 2023
2064 points (98.8% liked)

Mildly Interesting

17428 readers
38 users here now

This is for strictly mildly interesting material. If it's too interesting, it doesn't belong. If it's not interesting, it doesn't belong.

This is obviously an objective criteria, so the mods are always right. Or maybe mildly right? Ahh.. what do we know?

Just post some stuff and don't spam.

founded 1 year ago
MODERATORS
 

I assume "Other purposes" is govt kickbacks to mining and gas companies 😬

you are viewing a single comment's thread
view the rest of the comments
[–] Zozano@lemmy.world 10 points 1 year ago (2 children)

Nice to see our debt is being reduced. Meanwhile, the US is struggling to figure out how not to let their economy implode.

[–] cubicle0924@lemm.ee 7 points 1 year ago* (last edited 1 year ago) (1 children)

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.

[–] Fluid@aussie.zone 5 points 1 year ago (1 children)

See “gross debt this year” and “last year”. We had surplus so it has been put toward paying down the principle

[–] cubicle0924@lemm.ee 4 points 1 year ago

Derp, I just looked at bar chart breakdown, didn't see that.

[–] yoz@aussie.zone 5 points 1 year ago

They got is sorted mate. They printing more money.