The Forum > General Discussion > No Looking Back
No Looking Back
- Pages:
-
- 1
- Page 2
- 3
- 4
- 5
- 6
- 7
-
- All
The National Forum | Donate | Your Account | On Line Opinion | Forum | Blogs | Polling | About |
Syndicate RSS/XML |
|
About Us :: Search :: Discuss :: Feedback :: Legals :: Privacy |
It is a little disconcerting isn't it.
You get the likes of butcher screaming doom and gloom on this forum and touting the government as the worst ever yet the world looks on with more than a little envy.
Here is a Huffington Post piece from today titled 'Australia Has Now Gone 21 Years Without A Recession'.
Start quote;
Wednesday's data did show an economy again outperforming its rich-world peers.
Australia's annual growth of 3.1 percent compared with 1.6 percent in the United States and 1.1 percent in Canada. The UK eked out growth of just 0.25 percent last quarter, while the EU economy contracted by 0.9 percent.
Output for the 12 months to December was worth A$1.5 trillion in current dollars, or about A$64,700 ($66,200) for each of Australia's 22.8 million people. That compares with per capita GDP in the United States of $50,300.
Australia passed Spain as the world's 12th largest economy last year, not bad for a country that is 52nd on the league table by population.
End quote.
http://www.huffingtonpost.com/2013/03/06/australia-recession_n_2818610.html
The Labour Government has managed this through a world wide global crisis.
I'm afraid the hysteria doesn't match what the world sees.