Munky said:
LRC don't even try.
In Four Corners I once tried to post that it takes around 20 years for microeconomic reform to take full effect (as per what I was taught.)
The first post to reply was full of ignorance.
Its amazing how ignorant people are really.
I mean seriously..my brother his wife and my sister all have economics degrees and work for some big guns...our dinner table discussions over the last decade have always been politics and economics.
My dad lost his business during the high interest days and even he concedes that we had to go through it....he never voted labor before Hawke and then he swithced back to the coalition but admits that it all stems from that era of reform.
Hell..he even hates work choices....and he used to employ people...not a fan of unions either but concedes societies with a union presence are better than ones without
Look at the USA now...in recession (unofficially)..yet their work place laws are pathetic...so much for the economic benefits of deregulation!
And I know which country Ide prefer to live in...compare the economies of some of the most productive countries in the world such as nothern europe and co and they are very highly unionised...collective agreements are the best thing for economies...pay increases only with productivity.
Austrlia has been left in a terrible place due to the Libs failing to heed the warnings of the reserve and invest in education.
As for the states...all states have surplusses and AAA credit ratings...NSW took a dive because we paid off our Olympics so growth had to slow...it will kick again regardless who is in charge.