Wayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

Thank you, Speaker. I made the point before that, when the facts change, so do the actions of responsible governments. The lives of many people depend upon the decisions that we take in this parliament. I know that those opposite like to pretend that the global financial crisis never happened, that there was not extreme volatility in the global economy at the end of last year. They like to pretend that Europe did not go into recession last year, that there was not sluggish growth in the US, that there was not a question mark over China. They like to pretend that commodity prices did not crash 38 per cent between May and September. They just want to whitewash all of those basic facts away.

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