Kruddie, baptism of fire?

[stui magpie]

How would ya feel? Take over as Prime Minister and before Parlaiment has even sat, we've got interest rate pressure; a stock market melt down and inflation issues. And his wife made him shave off his sideburns.

Federal Labor can't be blamed for any of what's happened, most of it's been influenced from overseas and they've been in the chair for 5 minutes. But nor can they take credit for being in a "great position to come through this" as Wayne Swan says, because they inherited that position. However, a lot of people will associate the sudden financial issues with a change of government which, while incorrect, won't help his popularity.

Domestically, Labor is in the best position any new federal government has been in in living memory. The nest 12 months will tell the storey of whether K rudd has the goods or is all style and no substance. I'm not convinced by his plan to somehow spend all the money he's promised to spend while increasing the budget surplus at the same time. Realistically, he's going to need to cut spending big time.

Pressure makes diamonds. It also breaks things. Lets see what KRuddie is made of.

[EBB]

Surely you're not that moronic to believe a polly fighting for leadership and his words of promise?

I didn't vote for a reason! Yeah, good on me..woohoo.

[Zakal]

The funniest thing about all this is pre-election campaigns getting stuck into howard over a few quarter percent interest rate rises.

Was an extremely short-sighted accusation that was always going to backfire in the end....but only after the election was won.


The rates were always going to be on the rise, and were always going to continue to rise in the medium-short term and there was and still is nothing that Howard/Costello or Rudd/Swan could/can do about it.


...but when someone makes ridiculous claims, it is kind of funny when it turns around and bites them in the arse. However "not is fault" it is.