Just kiss goodbye to employment, growth and exports
December 14th, 2008
An edict from Chairman Rudd and Madam Wong:
AUSTRALIA will aim to cut its greenhouse gases by between 5 and 15 per cent by 2020, the Federal Government has announced….
Earlier the Government announced it will give business and households $1.4 billion to invest in green technology.
The funding will be raised from the carbon taxes under the ETS.
So much for no tax increases. It has taken the government just 1 year to throw off the false claims about so-called economic conservatism it made during the election. This is a big spending government, but unlike the Howard government, it is also a big taxing government too with the budget already in deficit after but 6 months. Rudd has also shown a willingness to sacrifice jobs to satisfy interest/pressure groups with his IR agenda, the ETS is little different in that respect.
For ammunition in taking on your leftist friends, a recent US Senate minority report detailing the dissension of 650 prominent scientists makes for compelling reading. After reading the report, one would be hard pressed to argue that there is a scientific consensus on the issue. There seems to be an ongoing intellectual controversy that may take some time to be resolved, nothing more.
See also:
- Mainstream media becomes desperate for Gillard success (July 18th, 2010)
- Rudd’s deficit worse than Greece’s (June 8th, 2010)
- IMF: more debt = less growth. Eco Hist 101 (May 21st, 2010)
- ASX 200 down: thanks Rudd! (May 7th, 2010)
- NYT miss-represents bank regulation (April 29th, 2010)





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