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21/12/14

00:27

Post #: 14492241
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Originally posted by Amused observer ↑

Irrespective of the political persuasion in power what was the economic buoyancy during that period? GFC was at the tail end.

Not many policy changes have an immediate effect, they tend to have an elastic effect (i.e stretch a rubber band and see what happens)

I remember some heady days in the equity markets when even a blind donkey could have made money, plenty of asses did.

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I'm sure if you compared Victoria's performance with Howard's performance over the same period, they would be similar graphs. The difference would be that Howard would be given credit, where as Labor wouldn't be.
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