Friday 18 January 2013

It's not the economy?


A useful video looking at what the likely election issues will be this year.

Peter Martin from Fairfax News makes the point here 'If you were a rational person in government you would be borrowing now to fund infrastructure.' Imply from this that is it not sensible to pursue a Budget surplus as some sort of holy grail.

He makes other very useful points on the economy in 2013 as well, such as the dependence of the Australian economy on mineral exports, the likely rate of growth and level of unemployment.



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