Sep 16, 2013

Stimulating hypocrisy from Hockey: Joe’s changed tune

With Treasurer-elect Joe Hockey considering fiscal stimulus, it's time to revisit what he said about how pointless stimulus was four years ago in opposition.

Bernard Keane — Politics editor

Bernard Keane

Politics editor

Joe Hockey puppies

With incoming Treasurer Joe Hockey now publicly musing about providing fiscal stimulus to the economy out of concern about how weak it is, let’s look back at the Coalition’s best arguments against stimulus when Labor used it during the financial crisis …

A weak economy is no justification for spending.

Free Trial

Proudly annoying those in power since 2000.

Sign up for a FREE 21-day trial to keep reading and get the best of Crikey straight to your inbox

By starting a free trial, you agree to accept Crikey’s terms and conditions


Leave a comment

78 thoughts on “Stimulating hypocrisy from Hockey: Joe’s changed tune

  1. cnewt27

    Incoherent nonsense from Abbott and co for 3 years.

  2. Jimmy

    This is going to be one of the few joys of an Abbott govt, watching them try to justify doing things which are inherently sensible but they have attacked for the last 4 years, things like running a defict, allowing debt to grow and good forbid stimulate the economy – and I can’t wait to hear the libs spruikers on this site reverse their position.

  3. robinw

    I know they are full of it, so do you. The Australian people don’t though and won’t we all suffer because of it.

  4. bluepoppy

    There should be a regulation that says any politician who lies during an election campaign automatically loses pre-selection. Problem is that we would only end up with about 20 representatives. Too generous?

  5. Terry Goulden

    Having lived through the lies and half-truths from Hockey, Robb and Kormann for the last few years on the so-called crisis in our economy etc I don’t feel that I will ever be able to consider these people as a legitimate government. It was obvious that the only way they were able to achieve government was to completely fool the voting public

  6. Gary Gaunt

    Sounds a lot like after they have seen the real state of the economy and the forward spending committed on political gewgaws by Labour they need to shift some goal posts.

    Not entirely unexpected and the usual Labor legacy.

  7. Gavin Moodie

    Labor could attack the Coalition’s inconsistency if not hypocrisy, but hopefully for the good of the economy and for Labor’s own consistency Labor simply welcomes the Coalition to the Keynes club.

  8. Jimmy

    Yeah Gary it is all the ALP’s fault – nothing to do with a ridiculously expensive PPL, or winding back means testing of the private health rebate, or reversing the high income super tax changes or the expensive direct action that won’t work or most importantly that the govt stimulating the economy when it weakens is actually good policy.

    And why couldn’t they see this real state prior to the election?

  9. David Hand

    Hockey, Robb et al were talking about the weak economy all election campaign. It was Rudd, Swan, Albanese etc shouting “Cut cut cut” and “cut to the bone” with regard to Coalition economic policy.

    The fact is that the Australian economy in 2013 is much weaker than it was in 2009 at the height of the resources boom. That’s why the cash rate is at a record low. It’s also why Hockey will be running a deficit.

    There you go Jimmy.

  10. Jimmy

    Gavin – I think the ALP should do both, support the stimulous and back it as good policy while pointing out that the Libs are late to the party.

Leave a comment

Share this article with a friend

Just fill out the fields below and we'll send your friend a link to this article along with a message from you.

Your details

Your friend's details