“Bad news on jobs, deficit and growth”, was how the Weekend Australian greeted the Rudd Labor government’s economic statement delivered on August 2. The economic statement was an unusual way for Prime Minister Kevin Rudd to usher in a federal election. But his strategy was to contrast Labor’s supposedly proactive approach with the Abbott-led Coalition’s alleged intention to “cut to the bone”. The new Treasurer Chris Bowen’s statement, nevertheles…
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