Howard "sorry" about rate rise
The original SMH article here.
So John Howard, leader extraordinaire, has seemingly turned his back on his base. Interest rates are now at the highest level since 2001. Petrol prices are soaring, without any respite to come. Housing costs are through the roof, mortgage rates have just risen and Howard manages a paltry, "Sorry."
The cost of living is rising. Add to that the effects of WorkChoices, and the ways that employees are now being shafted in the name of big business.
"Sorry", from the man who claimed that interest rates would not rise under a Liberal government. The man that led a scare campaign against Labor during the last election; one that proved to be quite successful in garnering support from homeowners who were afraid of any rise in their debts.
For all his posturing, for all the claims about this Liberal government's oh-so-splendiferous track record on economic management, it seems that Howard cannot even manage rising inflation.
So John Howard, leader extraordinaire, has seemingly turned his back on his base. Interest rates are now at the highest level since 2001. Petrol prices are soaring, without any respite to come. Housing costs are through the roof, mortgage rates have just risen and Howard manages a paltry, "Sorry."
The cost of living is rising. Add to that the effects of WorkChoices, and the ways that employees are now being shafted in the name of big business.
"Sorry", from the man who claimed that interest rates would not rise under a Liberal government. The man that led a scare campaign against Labor during the last election; one that proved to be quite successful in garnering support from homeowners who were afraid of any rise in their debts.
For all his posturing, for all the claims about this Liberal government's oh-so-splendiferous track record on economic management, it seems that Howard cannot even manage rising inflation.
posted by Bless | 11:21 pm
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