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Abbott On Budget Surplus: Government Has Completely Failed On Economic Management

Australians cannot trust the Gillard government to manage the economy or to tell the truth, according to the Leader of the Opposition, Tony Abbott.

Speaking at a joint press conference with shadow Treasurer Joe Hockey, Abbott said the government’s retreat on the budget surplus was another betrayal of a fundamental promise.

Abbott said the government had been behaving as if the surplus “wasn’t something that might happen, it was something that had happened.” The government has no economic strategy, just a political strategy, he said. “You can’t trust them to manage the economy or to tell the truth.” [Read more…]