Swan budgetary announcement 30SEP2011.
$47.7 billion deficit as opposed to the budgeted $49 billion made possible by not spending as much as anticipated. Whacko!
Most all Labor promises don't eventuate until after 2013 so where are the savings? (or not so bad losses).
Possibly they pulled out of doomed projects that they are already found guilty of, and see no point continuing. Green Loans, cash for clunkers, free insulation, solar HWS, BER for example?
Had they grabbed the CASA budget they would probably be in surplus now.
Had they grabbed the CASA budget plus didn't bother with selective R&D grants to environmental scientists who said what the wanted, the Libs would be in deep trouble next election.
Had they done all of the above and looked after Australians instead of sending cash overseas in foreign aid, K Rudd would be happily extinct in a UN post somewhere in the Golan Heights and Jules would be celebrating her half century on this planet with people who genuinely like her.
But the science is in.