For a start, none of them are qualified economists, interest rates are set independently by the reserve bank, and the dollar's value is determined by the market.
The Labour team knows as much about managing the economy as the Coalition did when they got into power. The difference is, the Government is currently being irresponsible with OUR money by trying to buy our vote. Giving exorbitant tax cuts will only fuel inflation and minimise the funds available for important areas the Government has neglected, such as Health and Education.
And lets not forget that it was a Labour government that initiated the changes to economic policy that have brought down interest rates, held off inflation and increased the value of the dollar.
Australians need to stop listening to the Government's political rhetoric and analyse the facts for themselves. If people do this, and do not fall into the Government's "fear of change" campaign, I think they are likely to see a need for new Leadership.
2007-10-20
14:18:35
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13 answers
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