Finally, it’s important to note that only one treasurer in - TopicsExpress



          

Finally, it’s important to note that only one treasurer in history has spent more in per capita terms than Wayne Swan -- none other than Joe Hockey, who in his first budget statement (the MYEFO) decided to blow out Labors projected deficit even further with a $9bn recapitalisation of the RBA, and reinstation of the $1.8bn car-leasing tax rort that Labor had abolished. Put in context, Swan’s economic management saved the livelihoods of many employees and small business owners during the GFC years and racked up a debt that costs $125 per month per household to service.businessspectator.au/article/2014/8/20/politics/only-one-treasurer-spent-more-swan
Posted on: Wed, 20 Aug 2014 08:35:30 +0000

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