Madonna due in court over adoption

re: Chad Sexington who says the government cant do anything about inflation. This is not true the government has influence over inflation through its policies; primarily its taxation policy. If the government genuinely wanted to intervene and drive down inflation it could. It just reflects better on the government to have a 3rd party like the RBA inflict the damage so the government can wash its hands of it. The government could easily increase the tax rates of high income earners to reduce their spending hence inflation but they choose not to.

I love the fact that Rudd thinks we need to reign in inflation as though its something he can control. This ass clown of a PM and his treasurer are going to crash the economy becuase they won't raise the target band of inflation that the RBA should be managing and becuase they are going to put further inflationary pressure on the economy by getting rid of workchoices. The primary cause of inflation is China and India competing for global energy and food supplies. Rudd and Swan just don't get it and shouldn't be asking the RBA to taget 2-3% because its now an unrealistic target. Even the US is having inflationary problems and they are in recession (stagflation), thanks to the rising cost of imported energy.

Jeff_nassif 9:13am today . . . Hawke?Keating did set up the prosperity but Howard/Costello failed to manage it properly or utilise the dividends to build our infrastructure. . . Anyway, this should now be an debate on how Australians can work together to fix the problem

re: Chad Sexington who says the government cant do anything about inflation. This is not true the government has influence over inflation through its policies; primarily its taxation policy. If the government genuinely wanted to intervene and drive down inflation it could. It just reflects better on the government to have a 3rd party like the RBA inflict the damage so the government can wash its hands of it. The government could easily increase the tax rates of high income earners to reduce their spending hence inflation but they choose not to.

I love the fact that Rudd thinks we need to reign in inflation as though its something he can control. This ass clown of a PM and his treasurer are going to crash the economy becuase they won't raise the target band of inflation that the RBA should be managing and becuase they are going to put further inflationary pressure on the economy by getting rid of workchoices. The primary cause of inflation is China and India competing for global energy and food supplies. Rudd and Swan just don't get it and shouldn't be asking the RBA to taget 2-3% because its now an unrealistic target. Even the US is having inflationary problems and they are in recession (stagflation), thanks to the rising cost of imported energy.

Jeff_nassif 9:13am today . . . Hawke?Keating did set up the prosperity but Howard/Costello failed to manage it properly or utilise the dividends to build our infrastructure. . . Anyway, this should now be an debate on how Australians can work together to fix the problem