Rudd’s Subprime Spin

30 01 2008

PRIME Minister Kevin Rudd today issued a renewed warning about the economic challenges facing Australia amid concerns about US and Asian economies.

We should recall that before the last election Rudd’s spin doctors and doe-eyed media cheer squad were telling us that Australian economy would run along just fine no matter who runs it. They told us that Howard’s government policies have no bearing on the economy. It was due to the global resource boom and any idiot could run the economy just fine. And so the voters voted for the “idiot”…

Furthermore, Rudd who promised to be a goody-two-shoes fiscal conservative just like Howard, now blames the fiscally conservative Howard for high inflation mainly caused by drought, high oil prices and housing boom. Spin, spin and more spin. We are in for some interesting times ahead.

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