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The Forum > Article Comments > Economics with social conscience > Comments

Economics with social conscience : Comments

By K.C. Boey, published 9/7/2008

The criticism of 'intellectual' Rudd today is of a man with a populist bent entangling himself in everyday issues rather than the big picture.

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Rudd’s economic prowess must immediately be critically questioned, due to his action of increasing immigration above the already absurdly high levels of the Howard era.

This indicates that he has NO IDEA about the fundamental necessity of matching demand with supply, in a country where the supply capability of many fundamental resources is under great threat, not least water.

He has taken the line that rapidly increasing all things human with no end in sight is apparently the only way to keep the economy strong. He can’t see that a rapid rate of economic growth is necessary just to maintain the same average standard of living for the rapidly increasing population, with no net gain for the majority, just for a few already rich and powerful people.

Craig Emerson, who is a former Director General of the Queensland Department of Environment and Heritage, who has a doctorate in economics and who you espouse as being a reasonably sensible economist, is having nothing to say about this! So there goes his credibility entirely!

We DESPERATELY need Nelson to get his act into gear and start espousing genuine sustainability, including urgent population stabilisation and a stabilisation of economic growth some time later, so that a real alternative government that resonates strongly with rapidly growing concern in the general community can be put forward in time to win the next election…..and so a sensible rather than critically future-threatening economic regime can be developed.
Posted by Ludwig, Wednesday, 9 July 2008 10:01:53 AM
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From my last post:

“He [Rudd] can’t see that a rapid rate of economic growth is necessary just to maintain the same average standard of living for the rapidly increasing population, with no net gain for the majority, just for a few already rich and powerful people.”

And that a stable population would require a considerably lower rate of economic growth. Or alternatively, our currently very high rate of economic growth would translate much more strongly into improvements in quality of life, instead of struggling to keep providing the same quality for an ever-increasing demand.

Economics with social conscience?

No way! Rudd is a million miles from this. In fact he is practicing economics with a social death-wish!
Posted by Ludwig, Wednesday, 9 July 2008 2:56:46 PM
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The first thing Kevin exclaims,"The inflation genie is out of the bottle!" He sends panic signals to the RBA who react accordingly.This coupled with escallating fuel prices sends our economy into a tailspin.Kevin being unware of the destruction then proclaims that there will be more pain with a carbon tax on fuel and electricity,cows and pehaps breathing.I've never seen our economy take such a nose dive under any Govt.He does not even attempt to talk the econmy up!The man is a fool.

Kevin struts the world stage looking for opportunities to big note himself.Nuclear disarmament,global warming,carbon trading,third world poverty and forgets about bread and butter issues at home.

He has not a clue about economics and is shaping up to be a very destructive leader just like Iemma/Carr in NSW.
Posted by Arjay, Wednesday, 9 July 2008 6:59:11 PM
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