tag:blogger.com,1999:blog-22031270.post7952391221425690626..comments2023-11-03T19:05:08.512+11:00Comments on Harry Clarke: Conservative governments who run large deficitsUnknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-22031270.post-63035804136591831372008-06-19T00:03:00.000+10:002008-06-19T00:03:00.000+10:00It'd be really interesting to find out whether the...It'd be really interesting to find out whether there have been governments who have consciously done this. When a government's back is against the wall, there certainly an element of risking it all for one last win.<BR/><BR/>But to intentionally damage the country, you'd have to pretty confident that a) you were going lose and b) the other guys couldn't just blame things on you.<BR/><BR/>Personally I think it's about going all out to win than rather a slash and burn approach. Who knows though.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22031270.post-61247320623351316062008-06-17T14:34:00.000+10:002008-06-17T14:34:00.000+10:00"I was suggesting that Howard possibly saw the eco..."I was suggesting that Howard possibly saw the economy slowing with higher inflation and cleaned out the pantry prior to losing power"<BR/><BR/>The wonders of democracy and governments looking to do their best for the people. Perhaps that's what Mugabe thinks too. If he completely wrecks everything, the opposition will have a hard time.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22031270.post-23245046602769990452008-06-17T14:06:00.000+10:002008-06-17T14:06:00.000+10:00Derrida, I am not sure what you nqare getting hot ...Derrida, <BR/><BR/>I am not sure what you nqare getting hot under the collar about. I think I am agreeing with you at least in part. <BR/><BR/>I was suggesting that Howard possibly saw the economy slowing with higher inflation and cleaned out the pantry prior to losing power. He understood that Labor will face difficulties in allowing real wages to fall and this will force difficulties.hchttps://www.blogger.com/profile/13799594181016858701noreply@blogger.comtag:blogger.com,1999:blog-22031270.post-40114457352288080922008-06-17T13:11:00.000+10:002008-06-17T13:11:00.000+10:00It's utterly ridiculous to call the current slowdo...It's utterly ridiculous to call the current slowdown "a Labor induced recession". The seeds of this, by your own admission, were sown by the previous government. Don't you care about your own credibility?<BR/><BR/>As for failing governments leaving big structural deficits to their opponents, it's less cold calculation and more simple desperation leading to an "apres moi le deluge" mindset.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22031270.post-34113637040191405932008-06-17T10:04:00.000+10:002008-06-17T10:04:00.000+10:00Wake up Harry, we haven't had regulated labour mar...Wake up Harry, we haven't had regulated labour markets here since 1993 and still do not.<BR/>your set of liberal one eyed glasses are very poor.<BR/><BR/>Howard left a cyclical adjusted budget deficit of $11b according to Access Economics.<BR/><BR/>A disgrace given the the commodity price boom.Anonymousnoreply@blogger.com