I live it now and I lived it then. I will tell you exactly what will happen. 1 Rudd wins 2 Unions stir payback time. 3 wage push by unions and employees 4 rba intervenes thru inflation fears hikes rates 5 unemployment starts to rise as frightened employers sit on the fence 6 economy slows as a direct result of rising rates 7 deficit fears scare the govt into increasing taxes 8 companies reduce capital expenditure due to slowing economy start laying off employees 9 now unemployment starting to bite hard government now must deal with shrinking tax base and rising welfare expense 10 which taxes will go up? gst wealth tax? 11 by now currency under pressure putting more pressure on rates 12 meanwhile the media will blame Howards ineffective campaign
