“With 4 rate rises in 10months….versus 10 rate rises in 11years begs the question of why same pattern as Hawke/Keating?” see above and do an economics degree. The image of politicians as economic managers are somewhat inflated (unless they do as Bush and Obama and start growing money). Rudd may not be the most impressive but thinking Howard was an economic genious…..he was one of the worst federal treasurers the country has ever had.

Wont be long and we will get a credit downgrade. Under Keating / Hawke we got 2 downgrades to AAA…..Howard 2 upgrades to AA. With 4 rate rises in 10months….versus 10 rate rises in 11years begs the question of why same pattern as Hawke/Keating?

NM response….gee what a load of gibberish nothing that is! People voted for Dudd as:
1. Howard on way out as time was up and he never stoood down before election for Costello
2. Every child or second child in school will have a laptop for EDUCATION REVOLUTION….what a dream with no substance. Obviously BIG JIM believes this….reality is opposite to what done so far! Dudd even recently attacked teachers for not working hard enough as doesnt know how to tackle problem!
3. People were warned about AWA’s with scare mongering by Union’s and ALP. Reality is its worse now then what it was under previous mob.
4. Kyoto is only a hollow victory seized upon by Dudd. Has any deniable footprint changed aside from carbon trading.
5. Waste $ on FuelWatch and GroceryWatch ($13million updated once a month to let people know how much food costs….real smart Mr Bean stuff)

Perhaps the biggest tick of approval is from small business – 47% supported Howard and this has plummeted to 10% as as June 29th. BIG JIM and others like the blame game. Up to the 29th of June….Dudd instigated 135 reviews, committees, commissions, boards, working groups, inquires, discussion papers, summits, consultations and other paper shuffling exercises. That is real rule by insight and advice and not as promised! Maybe he should have another gabfest….invite Hollywood stars, criketers and footballers and roll the sleeves up and sit in the crowd and mull over it, nod approvingly to the cameras and then wine and dine as if a star….but the follow through is lax as! Carbon taxes will smash into working families like a million runaway freight trains.

We return you to normal activities.

I assume you are referring to the Honourable Kevin Rudd. Howard, costeelo, nelson, downer, turnbull and co, as with most libs where/are only interested about there own interests and that of their cronies in big business. They where going too far with AWA’s and planning to errect nuclear power stations across the country, with no positive initiatives for Australias future.
They lost get over it.

The Hon. Kevin Rudd has delivered on promises eg. providing a $55 billion Working Families Support Package;
meeting commitments in education, health, infrastructure, defence & climate change; and
investing in the future with three new nation-building funds. He cant do everything promised at once, doing things properly takes time to ensure it is done right for longterm viability.

Getting involved in carbon trading means that Aus. will be involved in a global market worth billions. A good thing.

Declining vehicle sales is related to rising global oil and food prices. Developed countries across the world are struggling with the impact of the global credit crisis and declining confidence, with five of the major G7 economies recording flat or negative growth in the June quarter.

Today’s National Accounts show that while Australia is not immune from global difficulties which are slowing the world economy, we are better placed than most other countries to withstand the fallout.

“Business investment continues to support growth, rising by a strong 4.0 per cent in the quarter to be 9.9 per cent higher over the year. Business investment as a share of the nominal economy is at its highest level since the early 1970s, and expectations for business investment remain strong, with businesses expecting to invest a record $100 billion in 2008-09.”