The Labor Challenge
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On the day of the poll, the ABC finally chooses to run a story about some of what is on the horizon for Labor should they manage to win. Its significant for a couple of reasons, firstly it states what is bleedingly obvious despite the assertions of the so-called liberals, and that is the Oz economy is now more than ever at the mercy of outside influences. If you were a cynic you might even wonder if the Libs with their recent lack of discipline really want to win, but I digress. The second observation in the story worth noting is that a souring economy will be blamed on Labor mismanagement, something the right side of politics enthusiastically endorse.
My thoughts are that Stephen Long’s article understates the problems. If the US economy sneezes, we will catch a cold (as the expression goes). If as expected, the US actually goes into recession we will be in for a torrid time. Compounding the problem will be the issues of rising oil prices and global warming, both of which will have a significant impact on this country and its economy. If Labor wins, Kevin and his crew need to act quickly. Dalliance of the sort that Costello and Little Johnny have engaged in will land them in a heap of trouble, and the rest of Australia with them. Wanting to be a politician is one thing, wanting to lead a country with what is looming on our horizon suggests either a stout heart and bravery or conceit and ignorance. Let’s hope its the former.
David Howe