savaif you really think belting up interest rates at the speed...

  1. 849 Posts.
    sava

    if you really think belting up interest rates at the speed of light, that has thrown business and family mortgages into a tail spin, that has now raised concerns of a recession, and that the resultant interest rate cut to try and stimulate the economy is an economic achievement you should worship Paul Keating.

    That is utter dribble.

    Have some compassion for those in the mortgage belts and those starting to lose their jobs due to the ridiculous increase in interest rates since November 2007 both official and unofficial.

    It seems labor has not learnt from the Hawke/Keating debacle of the 1980-90's.
 
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