'We are heading for a trillion dollar debt. It is a bill that will saddle a generation.' (Anthony Albanese, Leader of the Opposition, Just Now, in Parliament).

This will not age well. It is nonsense.

'We are heading for a trillion dollar net supply of financial assets. It is a financial resource which will empower a generation. The private sector can emerge from this crisis with stronger balance sheets because of the deficit spending.'

That is what he should have said.