Kevin Rudd - Krazy Kevin responds to the Global Financial Crisis

After Kevin Rudd studied all the options, Kevin Rudd has responded to the Global Financial Crisis in the only way Kevin can in the absolute Ruddy best, most perfect way possible. Go for Growth! By Kevin Rudd splurging every last cent of tax payers money on property developers and banks, we will have a huge infrastructure that working families can pay off over the next few generations. The most important thing is to restore the economy to exactly the same as it was before the crash - so that we can all borrow more and more money and consume more and more stuff. Growth Growth Growth! Thank you Kevin Rudd

Category:

News & Politics

Tags:

• Kevin Rudd
• Go For Growth
• John Howard
• Financial Crisis

[timekeeper002]

SO TRUE ! 

RUDD is a danger !

[danielmy08]

@MisterCellophane372 ...It was massive debt that saw these "other countries" get in the sh*t....just look at what happened recently in Greece with their massive debt crisis....the same thing could happen here if the Rudd gov't saw another term...thankfully enough ppl have cottoned on to his incompetance and will kick him to the kerb at the next election.

[superslothable]

Ok?

[lehong1963]

@billy5858 ha ha now chinks we get more work from australia, cant afford to make here becuse carbon tax, ha ha, we make for you in china nor problem no carbon tax in china, we make for 2cents

[tedrewq]

youre a freaking moron ya dumd arse

[toranacar]

Dudd/Duck/Lizard the economic genius lol

[toranacar]

Mate you reckon you're the expert, good luck. If you think Rudd the dud was so damn good along with the Duck, then you make up a very small percentage buddy. Any economic expert I have heard talked about the sugar hit of the $900 cheque, and the BER which started after the financial hit and will continue for another 3 - 4 years, not even mentioned they are building shit that is largely not needed. Like build an assembly hall but not the shitty old toilet they need. Give your self an upper cut

[Hammersley1967]

@toranacar

"The only reason we didn’t have a recession is due to Howard and Costello economic management, and partly due to previous Labor reform and our mining"

Do you want to explain that? What were the exact economic dynamics of "Howard and Costello economic management" and "previous Labor reform" and "mining" that supposedly facilitated an aversion of two successive quarters of negative growth in '08/'09?

I challenge you to fill that baseless claim out with some economic elaboration...

[Hammersley1967]

@toranacar

"The BER stimulus started after the Australian economic down turn ended as it really lasted for a couple of months. The down turn was mainly America/Europe/UK."

Yes, way to go stating the obvious...

Due to swift stimulus spending the retail sector stayed afloat and buoyed Australia thought the GFC - narrowly, but definitely, avoiding recession...

Economics isn't your strong suit is it?

Although you're really good at vacuous comments that are full of inane attempts at insults...

[Hammersley1967]

@toranacar

THE FACTS: After recording a fall in GDP of 0.5% over last 3 months of 2008, the economy then grew by 0.4% in the first 3 months of 2009. Since a recession is defined as two successive quarters of negative growth, Australia avoided recession. Rudd produced a stimulus package of $26 billion, cut personal taxes and increased pensioner payments. While some of the stimulus was used by Australians to reduce debt and increase savings, enough filtered through to keep retailing afloat. : - )