"Labor's claim to be competent economic managers is laughable. I mean, this idea that the spending spree got us through the recession is just - I don't want to use bad language - nonsense. If spending got you through recessions, why was there a recession in America? Why was a recession in Britain. Spending does not get you through recessions - having a fundamentally strong economy gets you through recessions, having good prudential regulation gets you through recessions, having done the hard yards of reform gets you through recessions. Labor's responsible for none of this - absolutely none.
When it comes to managing money, the record is a joke and Gillard is the worst of them."
