Quote:
Originally Posted by pgc hunter
in an effort to repay his $40 billion debt which he put this country in singlehandedly in 2 years.
Well done Kevin 747.
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True, but remember your words when the global economic house-of-cards comes tumbling down and we're (in OZ) are able to dust ourselves off.
I realised only yesterday that all the stimulus money dished-out effectively creates yet another bubble, but a bit of stimulus was what was needed for the economy (even though my partner and I didn't put our hand out for Ruddy-Money as it didn't feel right for us).
Rudd's budget is actually very sensible and I congratulate him for having the nerve to call primary industry profits back into the economy pool; it's kind of a
future moral hazard bypass. He must prevent a dual economy from forming, otherwise kids from low income demographics won't stand a chance in 10-20 years time.