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The Forum > General Discussion > Julia Gillard's economic policy sinks further as Australia's Unemployment Rate Climbs

Julia Gillard's economic policy sinks further as Australia's Unemployment Rate Climbs

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http://www.bloomberg.com/news/2010-08-12/australia-employers-added-workers-for-fifth-month-adding-to-rate-pressure.html

http://www.rttnews.com/Content/AsianEconomicNews.aspx?Id=1391128&SM=1

http://www.bbc.co.uk/news/business-10948845

Given that Julia Gillard has little to show for any of Labor's policies in the past few years, she has been trying to push Labor's economic credentials.

The latest job figures show not only that that once the sugar rush of the stimulus has past, that fewer jobs have been created than claimed, but also that a large portion of those have been temporary employment.

This shift to temporary employment is largely due to a combination of market uncertainty and a reluctance by small businesses to take on full time employees given that the new fair work laws have made shedding jobs more difficult and expensive.

To add the cherry to the cake, the only sector to remain buoyant is the mining sector which now faces the prospect of the highest tax rate in the world, and a slowing in the Chinese market.
Posted by Shadow Minister, Friday, 13 August 2010 2:59:09 PM
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Unfortunately, no political party will make the recovery to good times, because they cannot get it through their heads, that to combat the greed of those on obscene ptofits, they have to return to the higher tax of the 1950's to 1970, of 66.6%. this kept obscene incomes at bay, and our country out of recession. the only improvement could have been the reduction of the tax on lower incomes and for business to have a no tax up to $25,000 personal and probably $100,000 or so on business, I believe you would find our economy would be a lot better off.
Posted by merv09, Friday, 13 August 2010 4:08:18 PM
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SM,
Really now you are getting ridiculous.
Do I need to point out the Libs problems?

Blaming Gillard for all the evils of the Rudd lead labor party is as silly as blaming the Libs policy over the last election period on Abbott. Well he was a senior member under two previous leaders.

Put down the placard and get real...I'd expect that level bollocks from some other anti commmie contributors but you
Posted by examinator, Friday, 13 August 2010 4:35:31 PM
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examinator while I do not find your post other than quite true you must not take shadow minster too seriously.
He after all thrives on half truths and is searching desperately for dirt even to the extent of making it up.
May be he is a script writer for Abbott?
Unemployment has been low, very low in comparison with Howard's years.
not holding my breath but Shadow should look for reality and honesty in trying to win votes this stuff he uses is for the unknowing few.
Posted by Belly, Friday, 13 August 2010 5:19:46 PM
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Unemployment has been low, very low in comparison with Howard's years.
Belly,
The unemployment is not higher because the Rudd Government blew all the funds with the stimulus package & now there's nothing left except the generous supplies of Public funded Public Service Superannuation.
The previous coalition had a slightly higher unemployment rate because Howard wasn't so dumb as to blow valuable funds on mindless schemes.
Posted by individual, Friday, 13 August 2010 6:44:39 PM
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this mornings polls seem to agree with me.
spin spite personal and in general are not working.
right now surely Labor is as shaky as it ever will be, much needs explanation.
Not the silly stuff Indy and shadow throw about but why was Rudd dumped.
Why the dumping of the ETS.
why not DD election.
Why did we let public servants send cash to dead pensioners and even those who no longer live here.
Yes why did very poor shonky in fact contractors get away with the pink bats installations that failed.
BUT Australia is about to return my side, Abbott and the spin machine has lost this election, why?
Indy Shadow minister hasbeen you insult voters.
Any or all of you could be policy maker number one for this lost conservative mob.
To think voters are so silly they buy this rubbish is an insult.
I will continue to be balanced in my posts and will have questions for my side after Saturday.
Tell me however why with media intent on selling us a pup you are not on a winner?
Thanks however for your amusement in those posts.
Posted by Belly, Saturday, 14 August 2010 6:25:43 AM
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