Fact Check exposes a great big Liberal Party LIE

Originally posted by Scott th Ratbag: ↑

Howard created the meme, knowing that Gorton, McMahon had done a crap job, and Fraser, with Howard as Treasurer had also been quite failures at managing the national accounts, yet Hawke/Keating had generally done a revolutionary miracle opening up the economy and stimulating manufacturing and foreign trade thus building the economy. but Keating's management ran into a brick wall with the recession that was sweeping the world in the early 90s and so Howard capitalised on this adverse event by making up the lie.

yet Howard/Costello did do an pretty good job, though I wonder if Howard had a different treasurer would the management been a failure.

Rudd then prevented Aus from falling into recession during the GFC, only 2 other nations avoided recession and they were small and had not engaged in the investment gamble that destroyed the economies of 98% of nations around the world. pretty sound management there.... what would Howard have done if he were still PM under the GFC? he believed in austerity as the sole means of managing adverse conditions so imo he prob would have sent us into recession.

now take a gander at the last 3 PMs economic befuddlement and very poor decisions. And yet now we have reduced spending and paying off debt instead of increasing debt.

imo they've proved the lie and won every trick

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I think Howard would have done what he was told if he was in during the GFC, he would have printed where everybody thought it was required, the GFC was a big turning point for economics really or a crystalization of the new economic world of never never printing. I doubt he would have spent like Rudd though, he would have spent but just not as much would be my guess.

At the end of the day i don't really care which party has a better record or not, all those things are in the past and it's todays and tomorrow's economic management i'm concerned about or care about. I would like to see Labor be great economic managers as everyone would benefit, i would also like to see LNP do better or any Gov really, theres always room for improvement and i always hope that our government always makes decisions based on whats best for it's citizens, what policies will improve everyones standard of living and keep us a globally competitive and advanced nation in the world we live in, i wouldn't care which party delivered better outcomes for all Australians, i don't really listen to what they say though, i look at what they do as actions speak louder than words and at the end of the day it's the government actions and policies that impact Australians not the chatter on Tv when they are trying to sell themselves for votes.