On  December 3rd 2007, Kevin Michael Rudd was sworn in as the 26th Prime Minister of Australia.  As of the first of March 2010 he has been in power 819 days. During that time the Australian government fiscal position has gone from a retained cash surplus of $28Billion (this is money in the bank not budget surplus) to an estimated debt level approaching $165Billion.

This effectively means that he has spent that $193billion but an also expected surpus of around $22billion over the period ($215Billion total) at the rate of  $262,000,000 a day. Add in normal budget outlays federal government spending over his tenure amounts to $1,000,000,000 (a billion) every day.

After all this spending not one of the following areas of resposibility have been fixed and in many cases worsened, nor the has a number of key policies adopted.

• Health. Despite increasing revenues via changes to the Medicare levy, Private Health Insurance rebates plus a massive increase on Ready to Drink alcoholic beverages there is no doubt the health system has degraded at an alarming rate.
• Internet. The National Broadband Network (NBN) is becoming a farce and looking more and more like the re-nationalisation of Telstra. (This should really scare everyone as it will recreate the old Telecom Austral;ia monopoly and bitch about Telstra – Telecom was 200% worse)

To be continued

Others have within the 800 days come and gone as abject failures.