The leftards often tells us that Howard wasted the mining boom and there's no mining boom under Rudd/Gillard

Upon analysis of government revenue - we know that revenue under the LIBs were $274B in 2007 and in 2013 it was $365B

It is clear then the Rudd/Gillard years have wasted so much of your money

I shudder at what the audit will find over the next few months

Howard wasted a booming economy.

I just hate to think about the debt Abbott will rake up. The Libs are   economic illiterates!

Hey, big spender: Howard the king of the loose purse strings

Australia's most needlessly wasteful spending took place under the John Howard-led Coalition government rather than under the Whitlam, Rudd or Gillard Labor governments, an international study has found.
The International Monetary Fund examined 200 years of government financial records across 55 leading economies.

It identifies only two periods of Australian "fiscal profligacy" in recent years, both during John Howard's term in office - in 2003 at the start of the mining boom and during his final years in office between 2005 and 2007.


The economists from the IMF's fiscal affairs department found the only other year of profligate spending during the past six decades took place during the conservative government of Robert Menzies, in 1960. It says the Menzies government was notably prudent in 1950.

In the postwar years of 1947 to 1949, the Chifley Labor government was deemed prudent as were the Scullin and Lyons Labor and Coalition governments between 1931 and 1935.
John Curtin's Labor government was profligate in 1942.


Read more:

http://www.smh.com.au/federal-politics/political-news/hey-big-spender-howard-the...

Ex Dame Pansi wrote on Sep 8^th, 2013 at 4:10pm:


The Howard Costello years were disastrous for Australia. No vision. Ran the country Iike a corner 7/11 outlet.

Rudd's first term was cut short due to the biggest economic crisis the world has seen since the Great Depression.

In retrospect Australia did well to stay out of recession. One of the few countries to achieve this in the world.

Abbott is after the worker. Work choices by stealth will be slowly leaked through the senate.

The mass media was disgraceful during this election.

PZ547 wrote on Sep 8^th, 2013 at 4:28pm:

FRED

I think it's Labor's blatant lies and bandwagon  policies that put voters off

Border Security - bandwagon
Rudd went with the Greens policy in 2007 and then do the PNG Solution in 2013

Conservative economics
Rudd said he was an economic conservative then racks up $300B.

Climate change
Greatest moral challenge and he's flip flopped all over the place


Back on economics - in 2007 - the ALP convinced the Australian voters that economics was not important

Labor convinced voters you could put a baboon in the role and the Budget could be balanced

And they did put a baboon in there. And the Budgets were not balanced

Aussie voters have now come back to reality

They realised the fundamental of any government is economics

Maqqa wrote on Sep 8^th, 2013 at 4:56pm:


Well Maqqa, there is the usual SPIN!

NOW, we will see where REALITY starts, because both you & the Liberals have NFI, when it comes the current cause & effect of Economics, which is much the same as Labor!

perceptions_now wrote on Sep 9^th, 2013 at 12:13am:



Which part of it is spin?

Swan is worse than a baboon and you know it

Every economic prediction and promise they've had has not come true

Maqqa

Yes the ALP negatives were blatantly obvious.

My point was that anything positive required the ALP to go into massive debt.

They tried a whole pile of social pork barrelling, the NDIS is complete BS, was not an issue then suddenly was one. Its cart before the horse policies ...... yes many thought the NDIS was a great idea (f... knows why) but it did not translate to positive polling ....... because it was based on false economics.

I am all for generous social initiatives but when there is a surplus, Gillard in particular is ideologically retarded on many topics, Rudd is just completely retarded.