Interest Rates

As I remember it Howard didn’t say that interest rates wouldn’t go up under his Government. What he said was they would always be less under the Liberals than Labour. You won’t get any odds on that bet. How is it then that Beasley, Swan and every Union hack that the ABC has standing by for anti-Howard sound bites is calling him a liar. He’s got a long way to go before interest rates exceeds Labour’s record. This from the ALP’s website.
JOURNALIST: Were the Australian people duped by the Howard Government in the last election? BEAZLEY: Every person who watches these programs and everyone person who reads your newspaper know that the Howard Government promised the Australian people that if they were re-elected, interest rates wouldn’t rise. They’ve broken that promise. JOURNALIST: They didn’t promise that though, they promised that they would be lower under a Coalition than a Labor Government. BEAZLEY: Don’t you fall for the weasel words you’re a smarter person than that. You know exactly what they were doing in the course of the last election campaign, they were saying, subliminally and overtly to the Australian public, vote for us and we’ll keep your interest rates down, well, they haven’t.
Not working, Beasley. Only the converted believe you. The rest of us, and an increasing percentage of the converted, remember exactly what Howard said.

3 comments

  • Let’s use Bomber Beazley’s logic. If you promise to fix hospitals, then you break an election promise the moment someone dies.

    I’m sure it’s great for ABC “journalists” skilled in the art of double-think.

  • Only about 11% ON TOP of the current rates before we hit Labor’s all time record for usury.

    Just faint howls from the darkness of the opposition, folks.

    Ignore Kim, he has to make a noise occasionally to pick up his pay packet.

  • Indeed we do, and I’m in agreement with you. Little Johnny is a clever politician and wouldn’t get caught out like that, ever. He has been caught out though, by the nine year ride on the back of Keating era economic reforms, which were hard, hurtful and presented a free ride for the bulk of Australian investors. No spending on social agendas, no spending on infrastructure, no spending on education or health reform, yet we can afford to go to war whenever America calls. Great government.