another labor govt another recession!!, page-91

  1. 849 Posts.
    "Government did not plan beyond the boom except to put the Telstra money aside to guarantee Parliamentarians and public service superannuation" Libs paid of $96b of Labor debt and banked a further $22b, what else do you want.

    Skills training,stuffed - Education, State Responsibility

    infrastructure needs stuffed - Infrastructure, State Responsibility

    Stock Market is a gauge of the level of confidence in the economy. People borrow when confident that economy is well managed. So Howard is to blame for people's confidence! You have hit a new low Eagle.

    Don't forget Keating deregulated the banking system so if you are saying lending should have been tightly regulated who are you blaming?

    As for the "burden" I am sick of governments telling me what I can do and can't do. People need to be accountable for their own actions. Governments propping up inefficient industry is against free trade.

    If I won't to borrow money that is my call and I do not expect any assistance if I bugger up on my own accord.
 
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