Yep, it`s all Murdoch`s fault. He should have given orders to his staff not to report anything negative about the ALP, or the Greens. We would never have even heard of Rudd, Gillard, Wong, Bob Brown, Christine Milne, Sarah Hanson - Cow. It would have been bliss.
Yeah, it's not like Australia didn't go through recession as everyone else did during the GFC. The lack of honesty on the right is astounding.
I shouldn`t laugh, but do you really not get it? The significance of the fact that the GFC coincided with biggest mining boom in our history?
The opinion of economic experts is that what Abbott kept saying should have happened, cut spending, etc, would have resulted in Australia going through a recession but right wingnuts can't give credit where credit is due in recognising that the ALP did the right thing throughout the GFC.
True enough Panzer, it would have sent us spiralling downwards, simply on ideology. More ideology at work with the government, sacking the PS Chiefs. http://www.theguardian.com/world/2013/sep/20/abbot-ideology-public-service-parkinson
Show me proof of your claims that Abbott`s policies would have sent us into recession? Would it have been a "recession that we had to have", or "recession that we could have had", of "recession that we didn`t have". Furthermore, the ALP has no cause to cry about a lack of reassurance for the way they gave other people`s money away during the GFC, when they can`t even recognise the fact that they were spending the legacy of the Howard govt. People in glass houses.
The British government response was austerity which caused recession. It is entirely likely that an Abbott govt response to the GFC would have been similar. Now, we will see how the Coalition handles the economy. It won't be hypotheticals from now on in.
There was some research done in England recently that, if IIRC, identified that Murdoch's papers had not once backed a loser in 20+ years. Statistically that's pretty much impossible. Murdoch clearly backs the party that makes the most promises to his interests and ideological worldview. Only a free internet can save us from this kind of centralised perception management.
That's why diuretic said there would not be hypotheticals anymore. I think we will get a true indication of coalition economic management early on. It has never looked pretty....the howard era was lucky in terms of his personal goals but unlucky in terms of Australia's long term goals....any goals for that matter. Abbott somehow knows he didn't win, he looks completely uncomfortable in his new role. If they seemingly do little and we have a downturn, Abbott will be history. He staked too much on his quest to become PM.
We haven't seen a Liberal party in charge at the same time as a negative economic outlook since the 70s. The "Asian Economic Crisis" didn't really hit us hard. In fact, i suspect our financial sector probably contributed to it and profited from it.
And up to the early 80's! This is the crucial point that many tend to miss! Howard took over after massive nation saving reforms were introduced by Hawke and Keating, and the economy was on the up after one of those "world wide" recessions! It doesn't matter, they'll focus on the Howard era, because that's seemingly their only saving grace! Which, those that aren't stupid would realise it was an opportunity missed, full of waste and self interest!
