billybongo
It is the type of spending we have. Some forms of government spending are inflationary. That is why spending needs to be productivity linked.
Same as any business model.
You spend on lunches and employee cars you will not do as well as if you spend on a new warehouse that allows you business to grow.
We will not need ports and the like the way we are going as we will outprice ourselves out of the resource boom all together with such high capacity constraints.
On Rudd vs Howard I have no favourite as far as the economy goes, Rudd has yet made any impact on me.. though tending to the negative a little atm. Only on economic matters. Howard had to go for other reasons.
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