Tuesday 9 December 2008

Do we take notice of the economists?

Over the weekend several top rated economists have come out in support of running a deficit to help rectify the problems that have been caused by the Global Meltdown.

I remember another person who did exactly the same thing in 1987, and yes he left the country with a pretty hefty debt, but in the end it was proved that he made the correct decision.

Then along comes Little Johnny Howard and his crew, got on the gravy train, paid off the debt and took all of the credit.
Someone once stated that he couldn't get his hands on the purse strings quick enough after he was elected.

He then is in power for 11 years; neglects health, education and training, the poor old pensioners, infrastructure, but accumulates a fair size surplus and then claims to be the saviour of Australia.

Do you call accumulating a surplus through neglect a good thing for the country?

Everyone now says, spend,spend, spend to get us out of the mess. Must be something in this action.

We all know where Howard is now as the people saw through him and it will take Kevin 747 time to clean up the mess coupled with the Global Economic Mess.

If it has to be a deficit to get us out of the mess so be it.

APPSIE
Clarence Valley

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