Page 5 - 2016 Election: Mid-Campaign Report
P. 5
What we’ve learned: growthaL.bDaogubErtoBorweU’sctoNhcn.lKoamEimiDcs
Lpalabnofrosrtijlol bhsasanndo
Labor does not have a plan to grow the economy –
only for higher spending and higher taxes, which hurt
economic growth and jobs.
Labor’s claim The facts.
On 11 May, Mr Shorten was caught The following day, the author of
out misleading Australians about the the report Labor used to justify
link between schools funding and their spending (Eric Hanushek from
economic growth, claiming: Stanford University) contradicted
Mr Shorten.
there will be a
2.8 per cent He explained that economic benefits
iatmhwepasryeoicvfhewamenegimnetsp…sltermaiegnhtt were linked to improved education
outcomes, not spending. He also
(Doorstop interview, 11/5/2016) explained that the 2.8% growth
effect modelled was over 80 years,
so the 2.8% growth would not be 5
realised until 2095:
“There is no systematic
relationship between what
is spent on schools and any
added achievement,” Stanford
University’s Eric Hanushek said
last night.
“How money is spent is more
important than how much is
spent…”
Professor Hanushek also
confirmed that his report,
Universal Basic Skills, measured
economic gains over almost
eight decades to 2095...
(The Australian, 12 May 2016)
Mid-campaign Report
