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so very depressed!
I'm not allowed to vote - but seriously I think I have more knowlege then most people in Australia. *shudders at the "This person votes" segement on the Chaser Decides* |
good ole johnny back again
i voted for him - well the chick in my electorate there are a few things i dont like about hime but there are more things i dont like about latham |
I cant resist posting this for all of the idiots who voted Liberal because they believed all that Liberal hype about interest rates rising under Labour, read this and weep.
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A rate rise was in the wind anyway....and I'll bet it happens before xmas. Doesn't bother me....my house settled today and I'm renting for a while!
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from my limited, limited, did i mention limited knowledge of macroeconomics, arent interest rates set by an independent body (reserve bank) anyway? so that it wouldnt matter which government was in power to what they rose/dropped to?
or was i sleeping in lectures again? |
Thats the way it works, but amongst the midst of the Liberals slander campaign, they said that under Labour interest rates would rise and the only way to stop it would be through a Liberal govt. Which is kinda amusing since not even a week after the election the interest rates did rise.
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Votes % Swing Andrew Wilkie GRN 10,508 16.6 +12.6 Nicole Campbell ALP 18,401 29.0 -1.9 John Winston Howard LIB 31,191 49.2 -3.8 You almost voted for Costello, 2000 votes in it |
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Even from an economics point of view - a strong economy does not equal low interest rates. In fact the opposite is true - rates are raised to slow down a strong economy, and dropped to make the economy stronger. It also has so much more to do with global markets/forces than local govt policy. The whole thing about interest rates was nothing but crap to scare dumb australians. |
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