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clock Created with Sketch. 22/10/14
13:47
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Originally posted by nine lives
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James Scullin, Gough Whitlam and Kevin Rudd were three Labor prime ministers who were unlucky enough to get voted in on the cusp of the first, second and third biggest stock market sell offs in history. All three were voted in within weeks of the very peak of major secular bull markets. What followed these three crashes were subsequent years of economic duress. Their terms as PM were tumultuous, controversial and most of all short. Both Bob Hawke and Sir Robert Menzies were lucky enough to be voted in near the beginning of double decade secular bull markets which punctuated periods of economic prosperity. John Howard was lucky because Australia's commodities boom commenced at just about the time he should have been reaching his use by date. Menzies and Howard were respectively the longest and second longest serving PMs and Hawke was the longest serving Labor PM.
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Insofar as your post refers to Rudd you must not have read what his political comrades had to say about his style, his people skills, his chaotic administration, his attempts at micro managing, his ego, his temper and his disloyalty.
