Now that he has the reins he is having to confront the reality of an income problem
Have you failed to notice that iron ore has halved in price? Labor predicted high prices far into the future and spent that future, mythical income offering expensive feel-good programmes to ensure re-election.
Julia had a spending problem.
The income needed to fund ongoing programmes has dried up, that's true, but that is hardly Hockey's fault and would have dried up for labor too. How would Swanny get his surplus then?
