"Hi Misty this is getting Boring all the GFC Etc That in the PAST"
The past is a good pointer to what may happen in the future.
I had said before: I trust Labor more than I trust Liberals under the leadership of Tony Abbott. That should answer most of the questions you raised in your post.
Regarding "cost blowout", I have said many times before that certain government projects cannot and should not be looked at in purely costs terms as there are other intangible benefits to a society. I have been consistent on this point through out my postings on HC.
You need to understand better the nature of society and the different stake holders in that society. It is one of any government's difficult roles to balance the conflicting needs of these stake holders. Any government which subscribes to the fittest survive philosophy will have massive social unrest on its hands and a biggest losers out of that will be those who have, as those who have not has nothing further to lose, and in the end everyone will be the loser.
Try to understand historical events in other parts of the world and the causes of social unrest, and you will come to appreciate what I have been saying.
Those who have been chanting constantly "big debts": either they do not understand how the recent debts have come about, or they do believe that Australia should be allowed to go into recession with hundreds of thousands of people losing their jobs through no faults of their own, and many businesses closing their doors.
A society is more than just an economy. Economics is a tool to SERVE the people, not the other way round where people are just one of the ingredients to serve some economic outcome desired by those who seem to care only about their own back pockets.
