All this stimulatory government spending should be eroding currency's value, at least according to the economics 101. Truth is, that all depends on what banks do with the money their anxious customers are socking away
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Raise the dole and minimum wages and what will you have? More of the same, but at a higher price. That shouldn't be a difficult concept to grasp, especially for economists of a purportedly conservative bent
It used to be that voters were mostly taxpayers and governments reflected their aspirations, good or bad. Now? Well, productive citizens still vote, and the majority's desire is to relieve them of their wealth
No one is entirely without value or worth, and Wayne Swan provides the latest proof. Yes, he is an inept treasurer and addicted spendthrift, but you have to admit he makes a fine clown
The latest US massacre has inspired wonderment in Australia, where perceptions of America so often remain uncoloured by a realistic appreciation of history, law and national character
Call it Smith's Law of Prevalent Incompetence -- the fact that challenging occupations tend to absorb the available supply of the able and intelligent, leaving clots and ninnies to make a hash the rest
The Treasurer and assorted publicists, including many who should know better, continue to insist it was only his astute stewardship that saw Australia through the GFC. They could not be more wrong
Wayne Swan is correct to preach the virtues of a balanced budget, even though his party's spending addiction can produce nothing but accounting tricks and growing deficits. Why do otherwise sensible economists encourage him?
The Prime Minister swears there are no "substantiated allegations" about her time as a labour lawyer and legal counsel to boyfriend and scam artist Bruce Wilson. That she will not deny those charges boggles the mind
The master sleuth minds his manners as a shrieking suspect forgets herself -- and a good many other things as well
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