For so long the Liberal Party have been touting how interest rates would be higher under a Labor Government. With the latest interest rate rises John and Co. have been quick to point out that they have no control over interest rates.
If that's the case, what has the interest rate debate really all been about?? No one seems able to really control it and if John and Co are correct we are all headed for a drubbing on rate rises because of the market in the U.S. and oil prices.
I wonder, if/when Kevin Rudd and the Labor party get in will the then opposition keep their mouths shut when interest rates rise due to this flow on of the U.S. prime market and oil???
In a word, NO. They'll suddenly forget all that's been said in the campaign and go for the th
As it is, both parties are pumping more money into the pockets of voters which can only mean that they, supposedly, will have more money to spend which in turn will only serve to increase the economy and interest rates more.
2007-11-09
12:14:02
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3 answers
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asked by
Kay P
3
in
Elections