Monday, August 4, 2008

Here's a thought.

A headline on the front of today's The Australian newspaper caught my eye - it was about the Rudd Labor government, and how they may use a tax system reform to try and 'prove' their economic credentials, to show the voting public they're the right people to lead Australia through a global recession, if it eventuates.

That led me to thinking about the usual voter response when a recession / depression strikes: blame the current government, and vote in a new one.

This tends to happen irrespective of who's actually responsible for said economic downturn, which, in the case of a global downturn, would almost certainly not be an Australian government...

So, given the warning signs last year that things were going pear-shaped in the US financial sector, and that this would drag everyone down, does this mean the Liberal party wonks decided to 'throw' the Nov 2007 election to Labor, with the idea that Labor would then take the blame for any negative impacts on the average voter?

A plausible scenario, if you assume there's some shadowy 'supreme council' pulling the strings in the background. I very much doubt the Liberal politicians would go along with it... you don't get to be a federal politician without the hunger for power & wealth, and such people rarely have the self-control to postpone their machiavellian gratification! :-)

Anyway, just a ramble.

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