What we’re seeing here, I think, is a combination of Kevin Rudd’s very conservative personal values and political calculation.

Ps: Incidentally, Julie Bishop’s point on Lateline about the contrast in the degree of information given in Keating’s economic statements compared to Rudd’s announcement might have some validity in terms of transparency, but it ignores the fact that the Keating government’s interventions occurred after recession was well and truly entrenched (and arguably thus too late) and were prepared over a time scale of months rather than a weekend in response to an emergency. The opposition appears to be playing a complicated game – trying to weave together a message of holding the government to account, blaming the government partially for what’s occurred, and suggesting that Malcolm Turnbull is a bright spark who thought of it all first. I’d have thought all this – combined with the whining about briefings – puts them at the centre of their message rather than the economic situation itself, and risks looking petulant. I think they’d have done better to stick to their initial reaction – nobly supporting the government’s endeavours in the public interest at a time of crisis, blah blah.

NB: Previous post and thread discussion on the stimulus package here.