AUSTRALIA'S most needless wasteful spending took place under the John Howard-led Coalition government rather than under the Whitlam, Rudd or Gillard Labor governments, a study has found.
The International Monetary Fund study bills itself as the first to examine 200 years of government financial records across 55 leading economies.
It identifies only two periods of Australian "fiscal profligacy" in recent years, both during Mr 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 IMF study mirrors findings in a 2008 Australian Treasury study that found real government spending grew faster in the final four years of the Howard government than in any four-year period since the 1990s recession
Read more: http://www.smh.com.au/opinion/politi...#ixzz2TMRD4vxZ
Even your pro liberal website said this : "While I completely agree that the later years of the Howard era were characterised by excessive spending, there is a tad too much ‘hyper bowl’ in that article."
They then go on to make several excuses, among one that in so many words, since he still brought in a small surplus the argument of Howard's spending is moot. Also that there "is no discussion about Australia". No the report doesn't outline in words it's findings for us, but the graphs speak for themselves? I admit most people, what ever side of the fence they sit on, tend to be one eyed. but this article from catallaxyfiles just came across as desperately trying to find some flaw in the study bc heaven forbid the lib supporters agree that howard spent... and big.
I can't help feeling if this same worldwide study showed the libs in glowing terms they would be trumpeting it's praises.
Clearly I'm a leftie, but I'm under no illusions that labor aren't perfect. After 16 years I plan to vote greens. But I think Father that maybe you are only reading and processing what suits you? As a staunch labor supporter I see see the failings since Gillard has come in. But it just seems you stoically refuse to accept any study/report that might even hint the libs aren't perfect.....