There was no discussion, you were just trying to rewrite history, LNP good ALP bad, that is your tiresome schema. Must thank DB for that word, I'm starting to warm to it
Again more waffle?
No rewrite. The spending through and post GFC is well documented and even critised on by others within the or former ALP such as Mark Latham etc. So one more time for the dummies, I have never denied or said Rudd's cash spend didn't save the country from Recession. Could some of the money be better spent, again the batts issue is case in point. I will critise to the cows come home the ongoing inability for them to re balance the budget because how many years in a boom does it take?
Simple question, had Rudd won the 2013 election, how long do you think it would have taken them? Remember Rudd's core promise in 2007 was balance the budget over the economic cycle. He failed!
Its also well documented that the ongoing govts pending drove up the $ and well the impacts on the local industry as a result are ance known. If Swan even had a plan to return to balance it would have been good, however just read the budget papers, prediction to surplus, fail, repeat.
Yes the LNP also took too long, but 5min in trading economics or similar and you can see why, the economy was crashing from 2014 onwards. Canada, our similar economic stablemate, went into recession. So again since someone else brought it up, not me, TA/MT years were dealing with that and I suppose not balancing the budget quickly is economic stimulus enough. Note there was one piece of legislation repeatedly blocked by the ALP during this time to save money, I cannot remember which, but it was actually ALP legislation from prior to the election. Not sure if the libs tweeked it or not, likely.
Also note it takes 2-4 years to undo entrenched spending and legislative spending introduced by former govt. Rudd inherited a balanced budget with $20-40B surplus (what ever the number), 7 years later he handed over budget with same number, but negative in front, so basically he increased the spending by $70B in comparison to incoming. Howards tax cuts didn't help this, but still $70B.
The current govt reduced deficit from $35B'ish to basically zero over 5-6 years. So had BS won, he again would have enjoyed a balanced budget on arrival. Something the other team has yet to do for the LNP since when? So if you think I'm biased, there is good reason. Basically I'll acknowledge the Lib's allowed the economy to outgrow the deficit through immigration and economic growth more than cut the spending.
Back to topic, SCOMO's promise of a balanced budget is now null and void and as we have seen he is going on a spending spree to try and save the economy. If you wish to actually contribute to this, feel free. Or you can continue to waffle making aeroplane noises.