Time to stop the budget finger-pointing

Maurice Newman's attack on Labor for 'reckless spending' is a flimsy argument that lacks context. And the government must look past simplistic debates about high wages if it's to improve competitiveness.

By ignoring the context surrounding the budget, the Abbott government has misled the public. Most of the increase in government debt in recent years is attributable to unfavourable economic conditions rather than reckless spending.

The latest comes from Maurice Newman, chairman of Abbott’s Business Advisory Committee, who in The Australian on Friday went heavy on the hyperbole and blamed the Rudd-Gillard governments for basically everything.

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