Who would you vote for?

[Uni]

Originally Posted by flappist

Yes but one of the problems with being young is you only read about history not actually live through it.
Look up interest rates over the last 50 years and who was in power at the time. It might not be who you think.

don't patronise me. i may be young, that doesn't mean i'm stupid. i realise and understand that under labour interest rates were in excess of 15% for a very long time. the problem with the conclusion that interest rates under labor were higher than they are under the liberals and therefore liberal is better is that it ignores the context of the time, in so much as mortgages and personal debt were alot lower, and australia did not have a net foreign debt figure in excess of 52% of national GDP. It also forgets that the Government's purpose extends alot further than fiscal responsibility, besides which there is a significant body of evidence to suggest that the Howard Government has not been as good as your "low interest rates" tend to suggest. Don't be mistaken, the tax cuts at the last election have made a significant contribution to the inflation rate increases, and resultant reactionary interest rate hikes.

the rest of your post can be summarised in three words: Australians are ignorant, and Governments in this country must be aware of that - a fact i wholly agree with. However, i'm not about to roll over and accept defeat as a result.


Uni/.