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Yep, but it has been argued by many economists that that spending during the GFC saved our economy. For me the failing was that Labor didn't back Rudd in his mining super tax as this would have made up a significant difference in recouping a lot of money, and let's be honest the mining companies were not going anywhere, they made empty threats. In any case, your statement is in reference to over spending before Gillard back stabbed Rudd and has little to do with electing abbott in over gillardAfter the GFC the Rudd government threw money around in attempt to stabilise the economy. Some of it worked, some of it didn't. The end result was Australia losing around $250 billion dollars with potential to lose much more before Gillard stabbed Rudd in the back.
Problems as is with any major infrastructure project performed by the government. The difference in my eyes though is that the libs very conveniently screwed the NBN for their political donor (both from a monetary and populist point of view donor), Rupert Murdoch and Foxtel. This is completely unforgiveable in my eyes, for the benefit of a private enterprise and sole individual the Australian public was screwed.NBN was a good idea but it was done wrong all over the place. The biggest screw up was the Turnbull/Abbott change but the initial layout had issues too. Much of the NBN problems are caused by the fact that NBN currently pushes too many simultaneous connections through each individual node. The many connections through each individual node was part of Labor's plan. If we stuck with Labor's plan then we'd still have to spend a lot more than initial estimates after they realised the bottleneck.
I know a few engineers who worked on the initial and oddly enough it was an issue that was raised many, many times and something Labor decided was not a real issue.