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“READ EVERY OECD REPORT”
Kevin Rudd wonks it up:
On the question of the economy, the fundamentals of what we’re on about in the economy of course derive from macro-economic stability. There’s broadly a bipartisan consensus in terms of monetary policy, inflation targeting and also fiscal balance and don’t take my word for that, read carefully the Boyer Lectures of the recently departed Governor of the Reserve Bank, Ian MacFarlane. He says that, in effect, over the last decade-plus, we’ve achieved that level of bipartisan political consensus, and that’s a bogus debate which Mr Howard wants to have on the economy, on macro policy. What I’m talking about is this on micro policy, most particularly, how do we boost productivity, how do we do it through human capital investment, how do we raise the quality and skills of our work force for the future economy, that is the core of the productivity debate - not Kevin Rudd’s say so. Read every OECD report and every Productivity Commission report that’s been produced. This is the battleground for the economic debate and I challenge Mr Howard to join it, because the numbers are against him in terms of the data which has been produced on declining productivity growth.
Man. Bring back the fork in the road.
Read every OECD report and every Productivity Commission report that’s been produced.
I’d sooner be disembowelled with a tent peg or trepanned with a corkscrew. I think Rudd’s strategy is simply to put everybody to sleep, tip-toe into office, and then, when the people all wake up, they’ll find that Labor has turned Australia into the City of Oz (he hopes). Is this kind of wonkish excess Rudd’s stock in trade?
Mr. Rudd, an “F” is not enough of a failing grade for your scribbling—to call it writing would be an insult even to Margo Kingston. Instead sir, you are hereby demoted back to first grade so you can learn how to write a sentence. From there you will work your way up to paragraphs and eventually actual essays that are comprehensible. We won’t demand actual, good content, just writing that does not make my brain hurt upon reading it.
Sincerely,
Everyone Who Ever Taught You English.Hey, I interpret this as meaning that KRudd is going to bring in unfettered capitalism.
Where do I vote?
jlcPosted by Jack from Montreal on 2007 01 25 at 11:46 AM • permalinkThis Rudd character is talking utter bilge, in terms of the dismal science. I’m worried that people will start to believe him, however. If one’s chasing the cheap soundbite, he sounds quite plausible.
Posted by James Waterton on 2007 01 25 at 12:17 PM • permalinkZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ….......huh? Oh, sorry; was I snoring?
Posted by Kyda Sylvester on 2007 01 25 at 12:51 PM • permalinkTranslation for those of us who are not patronising windbags:-
Our macro-economic polices are the same as the Coalition’s. Even though Mr Howard says there are differences, according to Ian McFarlane, there isn’t.
The difference in policies is on a micro-economic level, most particularly, boosting productivity through education and training. According to the OECD, micro-economic policy is the important issue. That is where Mr Howard is wrong and he should engage me in that.
Do the Australian people want to listen to this gobsh!te for 3 years? I sincerely hope not.
Erm… monetary policy has nothing to do with the elected government - it’s within the hands of the Reserve Bank - so who cares if there’s bipartisan consensus amongst the politicians?
Plus he’s arguing for an expansionist fiscal policy in an already inflationary economy… the guy’s just a populist idiot, and he’s screaming “it’s microeconomics” to justify it.
Read every OECD report; climb every mountain…
The ALP tries to reach for the stars, again.
Posted by andycanuck on 2007 01 25 at 03:46 PM • permalinkCan someone stick a fork in Kruddy. He’s acting like a sausage and it is Australia Day!
Posted by curious george on 2007 01 25 at 05:27 PM • permalinkNever vote for anybody who doesn’t speak plain English.
Posted by surfmaster on 2007 01 25 at 06:16 PM • permalinkNo big deal.
I flush one of those things through an ‘S’ bend every day.Posted by Do not beat around the Dubya on 2007 01 25 at 06:24 PM • permalinkJeepers: this stuff makes me nostalgic for the gem-like clarity of knowledge nation.
Where does it say productivity is the responsibility of government?
Here’s a hint for Krudd: Want to improve productivity? Fire a portion of government employees—the same output with fewer employees is an automatic boost to government productivity.
Clueless ignoramous. But reduce that wonkish jargon to clever sound bites, and he’s likely to convince a lot of numbsculls that productivity is part of the agenda.
Jeez. I think I’ll print that out and keep it by my bedside for those nights when I have trouble sleeping.
Posted by Andrea Harris, Administrator on 2007 01 25 at 07:12 PM • permalinkI think all these booms come to an end and, at the end of the day, ...
It seems this man, when talking, gets a word or phrase stuick in his brain and it repeats. That’ll explain fork
Posted by Wimpy Canadian on 2007 01 25 at 07:31 PM • permalinkIs this why Kerry dropped out of the 2008 race? So he could write for Rudd?
Posted by Steve Skubinna on 2007 01 25 at 09:08 PM • permalinkI’m glad this Kevin Rudd fella is a fan of productivity growth, much like myself.
So I assume that he accepts the basic tenet of mainstream economics that the way to optimize productivity is to allow the economy to be absolutely as free and unfettered as possible, as government intrusion and involvement only detract from productivity.
No doubt he’s learned from Lewis’s “The Power of Productivity” that such politically correct answers as Education are far, far less helpful than free markets, free trade, and sheer Darwinian capitalism. Glad Rudd gets it!
Posted by Shaky Barnes on 2007 01 26 at 02:10 AM • permalink
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Fork in the ears stuff.