"About right"? Dead wrong.

Handing out pocket money that people overseas are also getting. Handing out up to $25,000 to first home buyers who then use it to go into housing they don't have any equity at all in, and will lose everything when interest rates go back up. Jobs lost hand over fist when the idiots are still claiming that they will create jobs. Continued population growth. Mining stuffed. Manufacturing stuffed.

And, worst of all, people like Bill Richmond let loose in a university to tell students that Rudd has got it "about right"

Rudd was left with a strong economy which is why Australia has done as well as it has to date. Unfortunately the Labor party line is spend, spend, spend and do what I say or else we will bitch and scream and call you names. Parliament is a joke, nothing gets sorted out it's just an hours long mud slinging match at best. The government should be there to listen and consider the arguments of all before they rebut with taunts and verbal abuse. I would personally like to see an independent speaker take control the house, not a party appointed person (for any government present and future).

What happens when there's no money left? Higher unemployment, lower wages, more strikes the list goes on. Rudd might be good at the talk but the team around him particularly the treasurer are poorly lacking in credibility and skill. Where are the promised jobs going to come from when unemployment is rising? Hopefully it's not in the public service!

'...advised it must be acknowledged by economists in the public service, the Reserve Bank and academia - though sadly probably not many in the latter.'

Hopeless. The only section of the community not advising the Government ... are?

Here's a hint;

They create most of the jobs in the community, are not falling over into their own toxic debt, are prudent economists and probably know more about the operation of the economy than this author and all of this authors abovemention esteemed 'mates'... who btw created the stuff-up in the first place with their ponzi style economic answers to everything, their meddling central banks and their cockeyed bailouts/subsidies.

But what would I know? I am just going to quietly and unobstrusively go on creating weath ... as usual. That'll get us out of this mess ... and I don't need anyones 'advise' or 'help'.

While the author endorses the correctness of Hugo Rudd's answers ... spend, spend, spend ... they've been rejected by the vast majority of Austrlians who, statistics are showing, recognise saving, paying off debt and cutting spending, as well as working harder, more efficiently and productively are the appreopriate actions for harder times.

Jeez academic's ... up their towers ... so totally oblivious to small business.

And just to show the idiots are still running the show.

The FDIC, a US Federal Government agency overseeing the insurance of deposits in US banks has recently criticised a US bank for ... 'not lending enough.'

No, no, not for not lending to small business, as you'd suspect in these tight credit times, but for not lending enough to anybody and particularly because it hasn't lent in line with the provisions of the Community Re-investment Act.

This bank has survied in the US, has no toxic debt and no provisions for such.

Astonishing, admonishing a prudent bank! But there you go ...

http://boston.bizjournals.com/boston/stories/2009/03/16/story3.html?b=1237176000^1793570&page=1

speakup,

Rudd wasn't left with a strong economy but a rather weak one, the country is basically still a quarry with an enormous foreign debt that fueled that phoney "prosperity" of the Howard-Costello years. As the author suggests there is not much Australia can do except ride out the crisis as best we can. Of course the Rudd government will be blamed for the recession caused by incompetent capitalists and the deregulation fantasies of economists in the US.

Is that right mac ;

I had a job and so did everybody else .

The Fed's had a huge surplus as responsible Govts do .

7 people , my family , were fine .

7 people , my family , are not fine now .

We were importing people to satisfy demand .

Like us they are now unemployed .

Keatings dept , crippling as it then was , chicken feed compared to Rudd's .

How will we pay it back ? 30% GST ?

Like all socialist Gov'ts the fun times end when they run out of other peoples money .

Wack that in your pipe and smoke it Mac !!