Team Howard has spent the last few days framing the debate for the now confirmed sixth interest rate rise since the last election. In a moment of candour, Member for Blair Cameron Thompson revealed the strategy in simple terms "What it does is underline the strong economic performance of this government and to that extent if you want to draw a political line under it, it's a positive for the Government."
Every sound bite has been used to emphasise the fear factor in the coming 'difficult economic times'. An experienced Team Howard will be a better bet to keep inflation under control and interest rate rises will always be fewer and lower under a Coalition government. Electing an inexperienced Rudd Labor government with 70% trade unionists will cause rampant inflation and the destruction of economic life as we know it. "We will determine the inflation and interest rates and the circumstance under which they happen!" Read more »