Arrange John Howard's worst financial mistakes in their most catastrophic order:
- His decision to sell two thirds of our gold reserves for rock bottom prices.
- His middle class welfare from 2003-2006 that baked at least $20-25 billion of spending in each budget up to this day.
- His Thailand-Australia Free Trade Agreement that gave away the light commercial section of our car industry in 2005 in exchange for nothing.
- His $9.6 billion deficit as Treasurer in 1980 (about $40 billion in today's money.)
- His decision to sell 25 years of our gas to the Chinese for rock bottom prices.
So much economic incompetence to choose from. That guy couldn't manage a corner deli, and yet gets wheeled out each election as a symbol of good economic management.
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