Joe Hockey (North Sydney, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is to the Treasurer. I refer to the Treasurer’s words in this place during the last recession:

We will continue to worry about the deficit because we want to promote long-term sustainable growth. That can be provided only if we have a disciplined fiscal strategy; if we raise our taxes and spend to accommodate the revenue available.

Given that the Treasurer is now the biggest spending Treasurer in modern Australian history and given that he is overseeing the biggest deficit in modern Australian history and he is the Treasurer delivering the biggest debt in modern Australian history, isn’t he embarrassed by his previous words?

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