Well I though Kevi and Wayne saved us from the disaster you speak of?
Turnbull to his credit (with support of the party) argued for half the amount of stimulus, saying that we were firing all our bullets at once.
Then there was the additional growth in credit created by the increased first home buyers grant ... yep Kevvie out there encouraging young people to buy up homes at an inflated cost.
Businesses and self employed folk borrowing to buy new cars because of a cool amount of tax back.
Was it $15 bn in cash handouts? A few bill dumped on pink bats?
As daver correctly points out, there is a growing problem with retail shop overheads and their ability to compete with the same product sold on the net fron someones back shed. This is not a government issue past or present, though the current wish to artificially speed up this growing trend via the NBN.
GFC2 has been a long time coming and well warned of. And what has Wayne done to prepare for this? A few new taxes in the pipeline including one that is highly inflative ... this government has no clue.
