olive blossom, criticizing the current direction does not automatically translate to support for someone else.
Abbott and Hockey's current budget direction is clearly wrong if it is purported to be to improve the bottom line, and it fails to meet that objective when held up to scrutiny.
Increasing spending while reducing revenue does not help the bottom line.
My criticism of the budget is that it reduce revenue, retains compensation and increases spending. Which is counter productive in helping Australia's budget position.
Hockey's budget estimate for this term of government,
Income reduced by $37b Spending increased by $15b Bottom line $52b worse off
(Note: some of the reduced income is not the governments doing.)
