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Who will Howard blame for the next interest rate rise?



Uploaded by: australianlabor
Video Description:
At the last election John Howard said he would keep interest rates at record lows. There have been ten consecutive interest rate rises since he became PM and six since he made that promise. He is still trying to hide the fact that the highest interest rate for last 30 years was 22%... and that was when he was Treasurer in 1982. Who will he blame if interest rates go up again?


Tags for this video: Australia conservative Debt economic Howard Interest Labor Labour Liberal Party Rates Rudd State

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so much for ... ( 1 year ago by thombleberry)
so much for lamenting the fear campaigns.
the premise of this ad is that Howard's last campaign was bogus. and it was. unfortunately it's going to work in labour's favour to do virtually the same thing. play the policy, not the man.
dawesi the other ... ( 1 year ago by willing111)
dawesi the other question is how quick will costello roll howard when they lose
This ad is so cheap ... ( 1 year ago by ombipol)
This ad is so cheap.
Rudd wants us to think that Labor is taking the high ground and no resulting to smear campaigns.
What do you call this Mr Rudd?
what about the ... ( 1 year ago by switchlock25)
what about the global recession that began in 1974, where all governments in the western world endured high interest rates. John Howard as treasurer for Fraser passed on approx 10billion (40 billion in todays economy) additionally, the Hawke and Keating governments made economic reforms that are responsible for the economic growth we enjoy today. im sick of people saying that Labor governments cant manage the economy.
im not in to ... ( 1 year ago by kaiserchief1987)
im not in to talking about who had higher interest rates because it ignores historical circumstance.
But, how has howard repaired the economy? Keating/Hawke are responsible for the good fortune of the economy at present. #1 floating the dollar: our currency absorbs shocks of foreign market volatility. #2 dismantling tariffs so that consumers have access to lower priced goods. #3 eliminating inflationary 'centralising wage fixing' and introducing rigid, productivity based enterprise bargaining.
All the Coalition ... ( 1 year ago by kaiserchief1987)
All the Coalition has done is a budget surplus through selling public & education. The reserve bank manages monetary policy so all governments can do is keep the budget in surplus. So what repairs? Work Choices? thats just code for cutting pay and conditions for those on the lower end of the pay scale. Its ideological undemocratic & makes no economic sense. You want to curb inflation? invest in boosting productive capacity of the economy & have wages fixed with productivity
labor has no chance ... ( 1 year ago by blackthird)
labor has no chance..
HOw come I have not ... ( 1 year ago by 171277)
HOw come I have not seen any labour adds like this one on TV I have seen a lot of the libs with 70% union. When will it come on
The Liberal party ... ( 1 year ago by baconboy666)
The Liberal party has been destroying our country.
i wonder if all the ... ( 1 year ago by fantasticini)
i wonder if all the apologies yesterday by tony abbott will lead to sorry from mr howard?
Hang on, but I ... ( 1 year ago by MasterVince89)
Hang on, but I believe that this ad is inaccurate. Since the 2004 Federal Election, there have only been 5 interest rate rises with one more expected this month, so that make 6 not 8.
I'm not trying to defend Howard and I think he's lying bastard for not holding his promise of keeping interest rate at record lows, but I think that if you're going to attack him at least get the facts right.
let's not forget ... ( 1 year ago by slash4689)
let's not forget that if it wasn't for Whitlam (labor) we wouldn't have medicare
Rudd copied ... ( 1 year ago by Vikiedada)
Rudd copied taxation and economic policies from Howard. If Howard failed to keep interest rate low, then Rudd (and Wayne Swan) would have no hope to keep it low. Rudd attacks Howard on interest rate but his me-tooism and mini-Howard policy will not reduce the risk of rising interest rate. If Rudd is elected and his Federal Labor can not control wages and spending (especially where unemployment is at record low), then inflation (and interest rate) will be much higher than today.
Rates are on the ... ( 1 year ago by the1calledbat)
Rates are on the way up (FACT) so who will howard blame? The dump lib voters will blame labor if they win but if not they will blame the world as it's never howards fault. We have been over taxed for 11 yrs and he wants to buy our votes with tax cuts(with our own money)he really thinks the public is stupid.They have sold most of the public assessts and soon to go will be health care along with everything else. Welcome to the new AMERICA (AUS the 51 first state).
Instested Cant be ... ( 1 year ago by shell3121)
Instested Cant be stoped so STOP PICKING PN HOWERD! How can you he stop something that is out of his hands? I mean come on poeple.
intrest rates are ... ( 1 year ago by perksy10001)
intrest rates are high because people are spending to much, not because of the liberal goverment. VOTE LIBERAL IN 2007
All Rudd has said " ... ( 1 year ago by Luke2214)
All Rudd has said "is I agree with the prime minister". Either way whoever wins the election the country will have direction, coz rudd will use liberal policies. However only the liberals can implement them correctly. KEVIN RUDD, THE NEW FACE FOR LIBERAL POLICIES.
This is ... ( 1 year ago by brentx69)
This is deliberately misleading the Australian people. In 1982 the CASH rate reached 22%, NOT the BANK rate. Under Hawke the BANK rate reached 17%.. Anyway, this is all in the past and the economy has changed a lot.. It's deregulated for one thing!
Under Whitlam, who ... ( 1 year ago by jampt1989)
Under Whitlam, who completely transformed our country for the better, the first oil shock came in 1973 which triggered world wide stagflation. His social justice programs softened the blow and Australia's economic stance, as bad as the economy was with inflation hitting 14.4%, by world standards it was reasonable.
trust me once you ... ( 1 year ago by sweetlowrider999)
trust me once you have studied economics.. u will understand that interest rates rises are not to blame on john howard.. its australia's growing economy .. real wages have gone up 20% under the liberal government, and the
australian dollar has never been higher.
If labors gets in then interest rates will go even higher because of the handouts and increased wages .. more strikes will happen .. and the economic prosperity will vanish under under the Labor government.
VOTE HOWARD!!
I am looking for a ... ( 1 year ago by Luke2214)
I am looking for a Kevin11 t-shirt. Can anyone help me? haha
Howard hasnt yet ... ( 1 year ago by wildcrazygoats)
Howard hasnt yet blamed Chifley....ohhhh...that may the Liberals scare campaign for next week
If Howard is trying ... ( 1 year ago by acetome)
If Howard is trying to control inflation and keep rates low he wouldn't of given the huge tax cut in may .The taxcut has put pressure on inflation and forced 2 rises since then.Aust is achieving strong economic growth cos of the growth in CHINA & the global economy also the commodity boom.NOT cos Howard has been managing a good economy.The Libs have been lucky inthat global world conditions has helped Aust out.Did u no that when rates were 18% under Labor, America had also 20% interest rates.
Come on people, if ... ( 1 year ago by dx6789)
Come on people, if you knew anything about economics you would understand who to vote for



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