Do Tony Abbott and Joe Hockey know how badly conservative governments are managing their economies in Europe? While Australia ”struggles” along with gross domestic product growth of just below three per cent and unemployment rate of 5.7 per cent, economic activity in the eurozone declined by 0.2 per cent in the first three months of 2013. In fact, Europe has been in recession for the past six quarters with nearly 20 million people now looking for work.
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