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The Forum > Article Comments > Policies risk making job losses worse > Comments

Policies risk making job losses worse : Comments

By John Black, published 6/1/2009

Kevin Rudd's policies threaten sensitive voting demographics.

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When will people learn that the 'L' in 'ALP' stands for Leprosy?

People across the nation experienced how nationwide state Labor governments crippled state infrastructure. They blamed Howard but now that Howard is gone, they have nobody left to blame. Queensland's, Another Blight, tried to blame the people for all the state's woes once Howard once gone only to suddenly realise afterwards that this would only lose her the election.

I am no fan of the Howard Government for how they made it immoral to be ill, left to be punished and treated as vermin but from Labor, this will continue with the added feature of yet another round of decaying Australia.
Posted by Spider, Tuesday, 6 January 2009 8:46:06 AM
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Howard ensured that profits were high for a decade.
The fact that these "profitable" businesses that flew on leverage are no longer profitable and need Government support cannot be pegged on the ALP. Notice all the other countries having the same issues?
Howard didn't create any jobs...he allowed a bubble to grow based on cheap overseas credit. The bubble is now bursting.
His bubble benefited older people and asset owners, but at the expense of younger generations and long term infrastructure. He increased middle class welfare, doubled the rich/poor gap and set policies to keep the gap widening.
The fact that credit wasn't so cheap after all should not be a surprise, and yes, there will be job losses as a result. Study your history: all bubbles burst, and it is usually *private* excess that causes it. The public debt "crisis" that the Libs froth over was gone within 4 years without any secondary impacts. Compared to the private debt crisis caused by unregulated financial instuments, a bit of public debt is positively trivial (and a lot cheaper than PPP debt)!
Blaming life on ALP while ignoring all the failures of the Right is just politics I guess, but at least try and get the economics right!
Posted by Ozandy, Tuesday, 6 January 2009 10:47:07 AM
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Ozandy you are an imbicile

Profitable business on leverage bubble, the last time I checked the Banks, BHP, Rio Tinto, and other Australian business were doing fine

There is barely any Australian business that are based on the leverage model that went bust, BNB for example, builds hospitals which the NSW ALP and VIC ALP does not want to build, Macquarie build the salination plant that the NSW ALP does not want to build, therefore they get BNB to build those infrastructure project for them. The toll roads are otehr vehicle which the QLD ALP, NSW ALP asked the PPP to build That is not the fault of the Fed government, if you want to blame someone, blame it on the rightful offender, your state ALP
Posted by dovif2, Tuesday, 6 January 2009 12:43:18 PM
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Ozandy, how ridiculous can you get?

I remember Keating's Depression where he was condemned for making it worse than it should have been. I also remember how much Nick Greiner quickly repaired NSW after the Wran/Unsworth Labor Government. Bob Carr was quick to destroy the state yet again.

Now in Queensland, Labor has systematically destroyed this state where doctors, nurses, paramedics, firefighters, police, etc are fleeing because of the state government.
Posted by Spider, Tuesday, 6 January 2009 4:22:19 PM
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