Point One Australia will have lower unemployment. There will be a higher level of funding for infrastructure, health and education. This entails running higher debt levels than the Coalition, in the short and medium term.
Point Two Under Labor Australia will have a stable property market, with neither rapid gains or rapid losses. A property crash leads to wealth destruction in the entire economy. This is government debt well spent, if it helps to maintain a stable property market.
With Abbott an austerity program will hit house prices hard. The knock on effect will generate a prolonged recession. Pity those about to retire and be delivered some "home truths" under Abbott. The retirees to be are more likely to vote for the Coalition?????
In the time since the GFC Labor has delivered points one and two.
