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Old 17th May 2009, 02:11
  #65 (permalink)  
bulstrode
 
Join Date: Dec 2007
Location: Sodor
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6 Economists 6 Opinions

One thing about economics and economists is that nothing is provable except in hindsight and even then its open to debate.Six Economists will give you six different opinions about projected economic growth,employment,monetary and fiscal policy and everything else that comes into the mix.
Its always a matter of wait and see,doing the best you can with the available information and hope you get the result you require.
Anyone who starts providing definitive answers about the future of an economy is full of it.Its all conjecture based on guesstimates.
Academics a lot smarter than Mr. Frozo have still managed to get it wrong.I dont have problem with deficits just so long as the money is spent on Education Health and Infrastructure.If its directed to middle class welfare then I have a problem with governments intent and credibility.
Howards run should have been a lot shorter.Two events extended it:Latham and Tampa.At both instances the electorate was ready for a change.Fear and the lack of a viable alternative kept Howard in office
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