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Well Kevin is going to abolish one payments to pensioners of $500.00 and $1600.00 to 450,000 carers and he will keep his promise of tax cuts which will more than add to inflation and keep more pressure on interest rates.Pensioners and carers will hardly be lashing out on plasma TV's.

The RBA makes a lot of noise about containing inflation,yet Canada with similar inflation has much lower rates.What's the difference?Well we continue to have a huge balance of payments deficit even with record sales of resources.It is now well over $600 billion.Our higher rates suck in foreign capital to try and offset our lust for plasmas and the like.

Now Kevin is just scapping Howard's pork barrels,so he can replace them with his own at an opportune time nearer the election.Kevin has also his own representitive on the RBA who has more than likely given the green light to our recent surge in rates.Kevin is playing with fire here since,NSW will lead the way in an economic downturn which will affect at least 40% of our economy.Kevin again is relying on the electorates short memory.Do the nasty business early and hard, then he will have lots of pork in his barrel come the next election.

The question is whether or not they have the economic nous not to cut back too much but also fix our ailing infrastructure and skills shortages,that are primarily a responsibility of our State Govts.No country has ever shrank into greatness.
Posted by Arjay, Saturday, 8 March 2008 12:22:02 PM
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Arjay, Kev'o'sev fostered and feed a sense of economic peril- he fed and fed off our own little sub-prime scare. He promoted a sense of fear re employment and wages. He nurtured the fear about climate change. He portrayed himself as 'Keveryman'(Copyright pending).

His 'nightmare' is every bit as real as JWH's was.
Posted by palimpsest, Saturday, 8 March 2008 2:58:06 PM
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By the way,the title should read,IS "ME TOO" JUST AS MEAN AND TRICKY?
It is either a mistake,or I have been censored.
Posted by Arjay, Saturday, 8 March 2008 5:06:34 PM
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But Kev is a big hit up north in PNG ,so I hear.
“A rock star’s welcome” was how they described his reception.

But the fact that he was handing out cheques, probably had a little something to do with it ...

Many in the crowd probably thought he was associated with a ‘cargo cult’ – come to think of it, there were many down south who also thought that he was the long sought cargo cult messiah.

But in the mortgage belts of Sydney, Melbourne & Perth the faithful are beginning to have a few doubts …
Posted by Horus, Saturday, 8 March 2008 5:18:31 PM
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We watch and wait, my dears...

He said not so today.

We'll see.
Posted by Ginx, Sunday, 9 March 2008 1:30:01 PM
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RATS!...why didn't I put a little post in early so I can be included in Ginx's 'my dears' :)

Arjay..they are all a slippery lot. Its always easier to say the 'popular' things from opposition, but when you get power, you think "OOOooooh Gosh..if we actually DID some of this stuff it would trash the country"

But I doubt they will really dump these payments, though if they do, you can bet they will have up their sleeve a few white pidgeons which fly around chirping "but look at THIS..and THIS..and THIS which we are doing in place" (which of course, will cost them a lot less :)
Posted by BOAZ_David, Monday, 10 March 2008 6:46:18 AM
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