… Prime Minister Julia Gillard and Swan have created a holy trinity of policy bungles: The carbon tax that cost more in compensation than it raised while doing little to cut emissions; a mining tax that, again, cost more in associated spending than it raised; and a Budget surplus promise that was foolish from the outset, potentially counteractive while it lasted (by dampening economic activity) and humiliating in its abandonment.
But policy on the run didn’t start with Gillard. So much of former prime minister Kevin Rudd’s policy agenda lacked rigorous analysis.
Think FuelWatch, Grocery Watch, home insulation, set-top boxes for pensioners, the alcopops tax and the ambitious National Broadband Network – all conceived and implemented with no public cost/benefit analysis.
It suddenly just feels like one bungle too many.
Now I don’t agree with her entire argument but that is a very nice summary.