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It’s a pity (although understandable from an electoral point of view) that Rudd’s ‘Anything you can do, I can do… too’ economic management approach would have done the same thing. I quite liked it when Labor dug into the Libs for failing to spend the money on infrastructure and education but I understand how that’s easily twisted into ‘If elected Labor would turn the government into a debt-ridden money-spending monster!!!!’.
I’ve noticed in the past few weeks that Gittin’s articles have been constantly attacking the PM although they haven’t necessarily been as direct as this. Has this sort of ‘I told you so’ feel to it.
So, I take it you studied Economics in high school? ;) :D
Yeah, I tend to agree that it’s easy to twist the whole government spending thing into a “bad economic management” thing. I’m glad he pointed out that spending funded through surplus OR debt is still inflationary pressure.
I’m not too sure if Gittins is pro-Labor or pro-Liberal. He seems to come from a very theoretical sort of economic background – and attacks both sides of politics equally. I suppose because the economy is a rather big issue, there’s more for him to comment on?
And yes, I took Econ in highschool, as well as uni.
August 11th, 2007 at 10:00 am
It’s a pity (although understandable from an electoral point of view) that Rudd’s ‘Anything you can do, I can do… too’ economic management approach would have done the same thing. I quite liked it when Labor dug into the Libs for failing to spend the money on infrastructure and education but I understand how that’s easily twisted into ‘If elected Labor would turn the government into a debt-ridden money-spending monster!!!!’.
August 11th, 2007 at 11:26 pm
I’ve noticed in the past few weeks that Gittin’s articles have been constantly attacking the PM although they haven’t necessarily been as direct as this. Has this sort of ‘I told you so’ feel to it.
So, I take it you studied Economics in high school? ;) :D
August 16th, 2007 at 11:03 pm
Yeah, I tend to agree that it’s easy to twist the whole government spending thing into a “bad economic management” thing. I’m glad he pointed out that spending funded through surplus OR debt is still inflationary pressure.
I’m not too sure if Gittins is pro-Labor or pro-Liberal. He seems to come from a very theoretical sort of economic background – and attacks both sides of politics equally. I suppose because the economy is a rather big issue, there’s more for him to comment on?
And yes, I took Econ in highschool, as well as uni.