I have heard that pm's rise and fall based on fear/confidence, instability/stability, rather than inflation/deflation alone, is that so? If it were, I don't see the USD outpacing anything else, any time soon, LEAST of all, our pm's.
those 27 points are a harbinger of our own future in Australia if our government gets away with its bone-headed plans to kill the golden geese of our economy: our thriving mining sector and our capacity to generate cheap electricity, with massive new taxes like the proposed MMRT and the proposed Carbon Tax. Any fool can see that these two advantages (our thriving mining industry and our ability to generate cheap electricity from our abundant coal reserves) are THE ONLY 2 THINGS that are standing in between our 'miracle economy' in Australia, and the basket-case economies of the US, UK, Italy, Greece, Spain, Portugal, Ireland, Iceland etc. If the government tried to negate just one of these advantages it would be the height of stupidity bordering on sheer lunacy, but to declare war on not just one but BOTH OF THEM, is so appalling that it can almost only be explained if one resorts to erstwhile laughable theories of sinister New World Order conspiracy plots etc. But apart from outlandish conspiracy theories, the only other way to explain this assault on our economy and our nation is to accept the manifest fact that the government truly is so monumentally stupid that they intend to mess with the underpinning foundations of the Australian economy, not for any tangible purpose, but to satisfy the futile tenets of their socialist ideology, which has been proven by history to be a failure.
On The Money x 1000 Anyone who disagrees is as much a socialist as Bob and his assistant. Amen. How does half the population not recognise this ? They are on the gravy train.
It looks to me like the Carbon Tax is an attack on the middle class? Gillard applies the tax, promises to rebate big companies, rebates low income earners and promises that their bills will not rise but will in fact go down, then who pays? The middle class? Is she so dumb as not to realise that the middle class are as the man economic driver for the country? They are the country's biggest employer as they are the owners of the majority of small business, an they are the main source of income tax, GST and consumer spending. If Gillard throws the middle class under the bus with her carbon tax it looks to me like she will stall the economy and take us under.
Depends what you compare them with. Compared to California electricity prices they're extremely cheap.
I bet they did'nt go up as quick as what they have here. Who'd want to live in CA anyway (or any of the other expensively powered countries around the world)
