http://www.debtdeflation.com/blogs/2008/02/18/the-economic-challenges-facing-a-rudd-labor-government/ Analysing the Global Debt Bubble Tue, 06 Jan 2009 08:52:09 +0000 http://wordpress.org/?v=2.7 hourly 1 http://www.debtdeflation.com/blogs/2008/02/18/the-economic-challenges-facing-a-rudd-labor-government/comment-page-1/#comment-692 Ken Mon, 18 Feb 2008 05:25:29 +0000 http://www.debtdeflation.com/blogs/2008/02/18/the-economic-challenges-facing-a-rudd-labor-government/#comment-692 Forgot no 4 4. After the recession unemployment stays high, say 10% plus and nobody is real keen on trying for another bubble. How do they reduce unemployment ? Maybe they could try reducing wages ? Or lots of pointless training schemes. Lets see how economic rationalist they are. Forgot no 4
4. After the recession unemployment stays high, say 10% plus and nobody is real keen on trying for another bubble. How do they reduce unemployment ? Maybe they could try reducing wages ? Or lots of pointless training schemes. Lets see how economic rationalist they are.

]]> http://www.debtdeflation.com/blogs/2008/02/18/the-economic-challenges-facing-a-rudd-labor-government/comment-page-1/#comment-691 Ken Mon, 18 Feb 2008 03:27:30 +0000 http://www.debtdeflation.com/blogs/2008/02/18/the-economic-challenges-facing-a-rudd-labor-government/#comment-691 Not necessarily in order 1. Judging by the references to "capacity constraints" they still can't recognise an overheated economy, in other words they don't have a clue. If you overheat the economy there eventually wont be enough people to employ using all the money we have from the debt so there will be capacity constraints. 2. Thanks to some very successful politics most of their supporters still think they are overtaxed and the surplus is too high. Remember when they called the Liberals a "high taxing government". Apparently they weren't. Unless you thought prior to 2005 that either interest rates or the surplus weren't high enough then criticism is very hypocritical. John Howard should have left them with a 4% surplus but he wouldn't have been re-elected in 2001 and we could have had a great Labor government like NZ. That was sarcasm, check their interest rates and inflation. 3. They have Paul Keatings deregulated economy and we're about to have "the recession we had to have" Mark II probably worse. Not necessarily in order
1. Judging by the references to “capacity constraints” they still can’t recognise an overheated economy, in other words they don’t have a clue. If you overheat the economy there eventually wont be enough people to employ using all the money we have from the debt so there will be capacity constraints.
2. Thanks to some very successful politics most of their supporters still think they are overtaxed and the surplus is too high. Remember when they called the Liberals a “high taxing government”. Apparently they weren’t. Unless you thought prior to 2005 that either interest rates or the surplus weren’t high enough then criticism is very hypocritical. John Howard should have left them with a 4% surplus but he wouldn’t have been re-elected in 2001 and we could have had a great Labor government like NZ. That was sarcasm, check their interest rates and inflation.
3. They have Paul Keatings deregulated economy and we’re about to have “the recession we had to have” Mark II probably worse.

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