On that note Merry Christmas imajulianutter.

i hope those posing as economist here know a little more than those advising the economic vandalism for the last 5 years.

Tristan is totally clueless as to what is really going on around him.
Unfortunately both parties are also clueless unless they are just pretending.
I know for certain that they have been told but I suspect that they
really do understand. I believe that because they suppressed ABIRE report 117.

What Tristan does not understand is why the two economists' policies, money printing and austerity no longer work.
Implementing those policies, austerity in Europe and printing in the US have failed.

It appears that their failure is puzzling economists.
There is just a handful that realise that peak oil and the resulting
increase in energy costs is the direct cause of low to zero growth rates.

Frankly, until politicians, economists and commentators like our
current one with journalists get the message things will go from bad to worse.

Let's hope the Chinese can bail us out again. China can never get enough of our coal, LPG, iron, even wine.

It worked for us under K.Rudd in 2008.

Ahhhh but pete what price will they pay and if it isn't enough will our benevelont union masters allow pay cuts for us to be competitive?

Or would the dopey mongrels prefer to see people wasting away on the dole?

Mate why should I be pleasant and civil with a bunch of economic ignorant pretenders who know only union tactics and life and who cheer on and believe in the tearing down of our western liberal democracies and who are mostly non believers in christ anyway.

Gillard should be put in jail and shorten follow. I cannot wait for the Government Royal Commission into unions.

Hey Tristan why haven't you written anything about the last, and underline last, rotten to the core NSW Labor regime?

Are you part of the coverup?

Abbott's managed to drive the car industry out of town and Qantas is set to follow. Maybe 50,000 jobs lost. Maybe much more. And you're accusing Labor of 'economic vandalism'? You're right that it's possible to compete at the level of wages and conditions - But if you can peg the dollar 10c or maybe 15c lower - and revivify education, tourism and manufacturing - then why not give it a try? The answer: to begin with it would upset the miners. And secondly it goes against the prevalent Ideology. Another option I refer to briefly is wage restraint in return for collective capital share... A new Holden where the employees are major stakeholders - with support from the government as a co-investor... But again: it goes against the dominant Ideology - not just Liberal Ideology - but in the ALP as well... Australia could well face a recession. Abbott's main concern is that the Liberals not cop the blame...

Peak oil, global warming, spiralling energy costs - mean we need to invest in renewables - But again the Federal Govt is shutting down the Clean Energy Finance Corporation - despite the fact it was making a profit...

Finally: What have I to do with the decline of manufacturing? I'm telling you how it could have been saved... By pegging the dollar - like the Chinese have done - even if only temporarily... But increasingly both sides of politics are resigned to our future status as a farm and a quarry...