Where does the Australian Liberal Party Get The Idea That They Are The Best Economy Managers?

Question

Just quitely have a look at this during the Liberal years since federation, the Australian Liberal Party have been in the most in Govenment which I won't denie that, but look at what they left for the Labour Party when they got into Office, Menzies era what did he leave for next party to inherit, another big misakes to fill, Holt's era, what did he leave ? big question on his sudden leaving still have't serviced as yet, McMahon, what did he leave for Australians, More bills and When The Labour Party won the Election in 1972 under Gough Whitlam, who had control of the Senate , The Liberals did, they blocked the supply of money, and when Malcom Fraser getting in Govenment via the back door approach,it was John Howard who was the treasurer and even then Intrest rate were rising then because the Senate had blocked the supply of money to the Labour Party , now it was John Howards turn to spend and he did, so much that rates Sharply to 22% ,look at what the Labour Party has to deal with

Answer 1

QUOTE
The australian economy fell apart while under a Labor government, and since Liberal was voted in 11 years ago, they have built the economy up and made it very strong and made australia a prosperous country. Liberal politicians are more experienced and are much better to run the economy. Or we could have the ever high 17% interest rates AGAIN!
UNQUOTE

Actually the Libs ran the country during the 60s-70s. In that time manufacturing was protected by tariffs and mining/farming was our income. This system collapsed worldwide. Labor tried to fix it radically, made a mess, the Libs tried to fix it but screwed it the worse it's ever been (Howard was treasurer - 22% interest rates!)

Then Labor's Hawke (Keating treasurer) had a go. They floated the dollar and fixed wages, halting both inflation and unemployment. It worked so well that the low-value dollar created an import-export imbalance, a trade deficit, because our manufacturing industry was crap (thanks to the Libs). When resources/mining prices hit rock bottom our economy stalled again. Keating deregulated the economy and increased productivity, steering us through a recession into permanent good times. By 1993 we were booming again.

Howard believes our economy depends on mining/farming - the "banana republic" that Keating saved us from. It's worked well during this boom but instead of protecting us from bad times, Howard has done nothing. When climate change ends the boom, only Labor has the track record to manage the economy.

Answer 2

Your dead right. The Liberals have been appalling economic managers, and you're right, when John Howard was treasurer in the Fraser government, interest rates hit 22 %. As for the strong ?? economy we currently have, dependent on one factor and one factor only, that is the resources boom being driven by China and to a lesser extent India. When this boom winds down, as it inevitably will, the Australian economy will be in a worse position than before the boom happened. And why is that so ?. Because this inept, lazy, arrogant government has sat on their collective arses and being content to ride the gravy train and failed to use the wealth being generated to create a future for this country.
Not only that but they have screwed the Australian worker with their workplaces legislation and their deliberate policy of weakening and attempting to destroy the Unions.
You, out there with your home morgage, paying 50% of your income in repayments, and finding it tough now, when the economy is strong and unemployment is low. Where do you think you are going to be in the future under a Liberal government when the resources boom has ended, the economic cycle has turned, unemployment is rising, inflation is on the rise and your boss has all the cards in his hand. And, the Union movement is dead. Who are you going to turn to ??. If you have any sense you will vote these parasites out now before it's too late.

Answer 3

The Answer is Simple. John Howard got in and decided then and there, We can lie and cheat our way through this No Problem. Well they have and done it well. HOWARD WAS THE WORST TREASURER AUSTRALIA HAS HAD. I wish I could take the Blinkers off these Liberal Voters. But it is like asking a thirsty Horse not to drink. Same as asking a Liberal to Think. God help them. Tiah, Instead of just answering questions, Please have a look at the History of both Parties and then make up your mind.

Answer 4

And that will be the catch cry this time to. If Labor or get in, you watch the mess that will be left and uncovered by Labor or (as history proves) Then as the country begins to feel the effect of the Liberals 11 year reign it will be blamed on Labor. This will turn people against Labor and vote for Liberal (makes you question if the Liberals deliberately screw up our country) geting them back into power. This is proven over the last hundred years or so to be the case. I fear for what mess, problems and back door deals we will uncover at the next change of government. Lets hope we find out on 24th Nov Kevin07.

Answer 5

They CLAIM this because...
There is record unemployement (however they fail to recognise that casual workers like me who work one day every three months are classified as 'employed'.) Also they now include part time students as employed, and prior to the Howard governemnt they were seen as unemplyed.

They also CLAIM that interest rates are lower then that of the labour government HOWEVER they ignore that fact that they failed to deliver their promise that interest rate would not go up.

There are mnay reasons, and on the surface they seem valid but when u disect the statistics you can see that they have manipular certain categories to their advantage.

GO GREENS!

Answer 6

The great lie of Liberal party economic superiority is backed up by business - the credit ratings organizations such as Standard & Poors (spelling?) et al are concerned with only ONE THING, how good is the economy for business.

Government exits for the PEOPLE to provide services and protection for the PEOPLE. The great lie states that when a government protects BUSINESS interests ahead of the people its elected to protect that is serving the people. This is a LIE, the government ANY government is elected to serve US the people not business.

Answer 7

Our country has just had the biggest mining boom for years,the introduction of GST and the privatization of some of our greatest companies so I wonder how much the Liberal party have put away for a rainy day not much I would say.

Answer 8

Maybe because:
The australian economy fell apart while under a Labor government, and since Liberal was voted in 11 years ago, they have built the economy up and made it very strong and made australia a prosperous country. Liberal politicians are more experienced and are much better to run the economy. Or we could have the ever high 17% interest rates AGAIN!

Answer 9

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