'Abbott will cut 70 billion' Yes he will. I want him to. We need to balance the books.
I suspect that a lot of people know that, and as a result Rudd's fear campaign is seen as irresponsible and a confirmation that he will continue to spend beyond our means. It confirms his ignorance of basic economics.
The way I see it, a combination of a massive waste cut, and the certain boost in confidence, - will quickly lead to a boost in revenue without any new taxes at all. There is no shortage of investible money around, there is a huge amount just waiting for a stable environment.
