Chachi said:
Thank Christ some of you lot aren't running the economy. You're probably the same people who whinge about interest rates going up and wonder why the f**k they do!
Howard and his cronies were throwing money out the window left right and centre to buy their way back into Government. The amount of ridiculous sh*t the coalition were going to fund was an absolute disgrace.
It's a shame for the NRL, but good policy by Labor.
Of course if the Libs had donme it it would have been poor thinking.
Even WayneSwan admitted,in a round about way that the economy they inherited was strong,although overheated.So much for the run down crapola.
If Rudd was genuine about reducing inflation,he would cancel the promised tax cuts for starters.If he was genuine about the environment he would have canned the paper mill in Tassie.
The Howard govt is not the
only one to blame.How about us ,how about State govts.
Ever heard about overspending by the public credit card levels at an all time high,1million new cars sold last year(many I guess on credit),ever heard about the strength of the aussie dollar making imports cheaper(ask Gerry harvey and others why sales of huge Plasmas and LCDS are booming)ever heard of an economy with low unemployment and booming resource industry where labourers can earn $70,000 plus ,or mortgage lenders who have sprung up everywhere.Have a look at the development on the Gold Coast,this whilst good for jobs and the economy aids in a minor way the inflationary spiral.
The workers at Mitsubishi who were given the flick(due to b...all buying the 380 locally produced car) have been offered jobs in SA (where the state Labor govt claims there are plenty of jobs available and by the Qld Labor gov(where the state govt claims there are plenty of jobs available).The economy run down ????
The cross city tunnel in sydney a huge waste of money,the T card debacle and the desal plant all State govt intiatives in the hundreds of miilions of dollars all add to the inflationary cycle overall.
You don't have demand unless you have ability to pay,and you don't have that ability unless the economy provides the cash and credit.
Iwould be canning a couple of the defence purchases for starters.Whilst oil prices remain high inflationary pressures will still remain,regardless of whom is in power.We are so dependent on the greasy stuff.
We are a small country of 21 million,to save heaps on duplication,get rid of state govts and justhave Federal and local councils.
By all means cut back on grants to sport,but its pretty ordinary when the the centenary year celebrations have already started,not down the line.