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2010-08-18

Does Labor deserve a second chance?

Comments on Ross Gittins Labor deserves some credit, not death at the ballot box”, 18/08/2010, http://www.smh.com.au/opinion/politics/labor-deserves-some-credit-not-death-at-the-ballot-box-20100817-128at.html
To start with, Stiglitz's poor understanding of the Australian case showed he's out of touch with reality and his self interest as a “special interest group" in some strange Keynesian intellectuals.

A Nobel prize winner in economics does not mean whatever that person will always be right and correct when he or she talks about every aspect in economics, economic policy and goernment actual economic policies.

Anyone who uses his remarks on Australia’s GFC case without rigorous analysis their soundness is either ideological driven, no economics and purely intellectually corrupt.

If purely in terms of economic and budgetary management by the current Labor government, it does not deserve to have a second chance to continue governing, although an election is not just on economic issues.

It is the most irresponsible government in federal government in many decades.

Big failures are so abundant. More importantly, more will come if it continues to be in government and the NBN will be one of them to be of no uncertainty.

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