Can we say one term

Looking at the amount of wasteful spending going on all we can hope is that people start to see what a hoax was played on us and vote Rudd and labour out at the next election.

After just 17 months in power, Rudd has committed Australia to more spending, in real terms, than even Gough Whitlam’s three tumultuous years as prime minister. It took 11 years for the last government to pay off a $96 billion federal debt and build a $20 million budget surplus. It took Rudd 16 months to spend the surplus and return Australia to levels of debt and deficit comparable to those Labor had created when it lost office 13 years ago. Rudd’s response to the global financial freeze has been a policy U-turn that is grandiose in scale.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: