grodscorp@grods.comInterest rorts
 | Posted by Bridgit Gread on Monday 29 October 2007, 11:28 pm Categories: Australia Decides '07, Media Tags: Tags: 1982, InterestRates, JohnHoward, PiersAckerman, PoliticalIntegrity |
Piers Ackerman (full-time columnist and part-time Jabba the Hutt impersonator) is absolutely fuming at Labor’s campaign tactics:
IN line with its whatever-it-takes politics, Labor has been running an unrelenting - but highly misleading - campaign emphasising interest-rate rises under the Howard Government.
I’m right behind Piers on this: using interest rate scare-tactics in an election campaign is reprehensible. Especially when you do what the ALP spin doctors have done and DEFAME our wunnerful prime minister by GROSSLY INFLATING interest rate figures from when he was treasurer (back when STD was a phone call and Adam Ant ruled the airwaves):
The constant cry [from Labor] that the 22 per cent overnight cash rate in 1982 - when Howard was treasurer in Malcolm Fraser’s government - is a record, is an absolute furphy. [The RBA website] clearly shows the … monthly average in April, 1982 was 21.39 per cent. This may be splitting hairs … but if you’re going to toss a figure out you should get it right. Labor’s claim is just not true.
Quite right. That 0.61 percent is an appalling piece of political dishonesty that besmirches John Howard’s record as a fiscal genius. Labor should be ASHAMED!
