a vote for abbott is a vote for p . i . g. s., page-9

Australia PM Gillard back in election dash

Quote from the above article:

Gillard's bid to put the economy at the centre of her campaign got a leg-up from Nobel prizewinning economist Joseph Stiglitz, who said her party "did a fantastic job of saving your country from problems".

"You would have had high unemployment, you would have had capital assets not fully utilised, that's waste," Stiglitz told a conference in Sydney.

"So your choice was one form of waste versus another form of waste. It's judgment of what is the way to minimise waste, no perfection here, and what your government did was exactly right."

By contrast, Stiglitz said Abbott had "praised the architects of the global financial crisis" and could lead Australia into difficulty.

Former Reserve Bank governor Bernie Fraser took the attack further, accusing Abbott of "brazen scaremongering" on government debt and rubbishing his vote against Labor's 50 billion US dollar stimulus package as an "indelible blight" on his economic credentials.

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