Finance fantasy land has become Labor Party territory - Herald Sun

THIS week we marked the fifth anniversary of Kevin Rudd's solemn declaration that the Howard Government's "reckless spending" must stop.

Made in the final lap of the 2007 election campaign, Rudd's pronouncement was intended to buttress his self-proclaimed credentials as an "economic conservative". Never mind that by April 2006 the Howard government paid off $96 billion in net debt left behind by Paul Keating.