yep I remember being at my daughters uni graduation and none other than Beasley sprouting how the dawn of a new era had come upon us with the election of Rudd.I had respected the man up until then and realised how atrocious his party attachment was. Rudd/Gillard set in place Australia's hopeless economy that placed so many more public servants in the swamp. They not only squandered the healthy surplus but put in place generational spending that a hopeless senate will never address. We have had a lame duck Government since Gillard/Rudd got booted out. There are still fools who want us to pay more for electricity and feed the renewable trough. Our grandchildren will be paying for decades for the Rudd/Gillard vandalism. More money for education and health is about the only mantra that Labour still has. Pathetic.

For a more sensible view, see http://www.smh.com.au/business/-gt8j2j.html

There have been several reports that Labor's stimulus was a huge waste of money.

For starters, the $9bn cash splash had little to no effect on the economy. The $16bn school halls debacle over stimulated the construction sector after the GFC was over, and produced no production related infrastructure at all. etc, etc.