The SMH today claims that “opposition Leader Tony Abbott’s Press Club speech attacked the very point Labor sees as its greatest strength — economic management — armed with little more than rhetoric and previously announced promises.”

The interpretOr would like to reinforce the emptiness of Abbott’s rationale with a few more words from Nobel laureate, Professor Joseph Stiglitz, a former World Bank chief economist and economic adviser to the US government…

“[Labor] actually did a fantastic job of saving your country from problems.”

Stiglitz applauds the objectives of the government’s mining tax but was not surprised at the response of BIG MINING…

“Having watched what happened in the United States I’m not surprised at all what’s happened here; the mining companies do not want to pay their fair share.”