They must implement credible medium-term plans to put their budgets on a
sustainable footing, because taxpayers rightly expect governments to
manage their money prudently
Fiscal austerity leads to economic deterioration and budget
deficits blown out. It has the effect of worsening the economic outlook
Joe Hockey said
She and her treasurer have presided over a massive blowout in
Australia's debt and turned strong budget surpluses into record
deficits. Voters won't forget pink batts, cash for clunkers, building
the education revolution and $900 cheques to dead people
