The Forum > General Discussion > Have the Libs. lost the plot?
Have the Libs. lost the plot?
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I understand what you're saying.
But we're going to have to agree to disagree on this
issue.
What is needed at present is an injection into the
economy to prevent things from going down the gurgler.
I've heard on the news that in the US one town has an
unemployment rate of 25% and without the Obama bail-out
package it had been predicted to rise to 40%.
Of course we're going to have a debt - but at least
people will have jobs with the bail-out package.
Without it,where would the Government get the revenue from to
support the unemployed?
We need a bail-out at present to create jobs.
Tax cuts will not force job creation. It might
save some jobs but at present what is needed is an
injection into the economy to maintain what we have,
and to create more jobs. Economists from the
International Monetary Fund and the Reserve Bank
agree on this, as do business groups.
Anyway, we'll soon find out if the PM's on the right
track. Voters will be watching.