Friday, August 10, 2007

 

Interest rates, trust and working families

Yesterday I said that John Howard was running away from his election promises on interest rates. This week he seemed to try to deny saying he would keep interest rates at an 'historic low'. Again this goes to the issue of how much you can trust John Howard and his promises. Remember, Howard's promises are "core" and "non-core". And then there is his shocking statement that 'working families in Australia have never been better off'. That will sound more than a bit out of touch for the many families hit by this week's interest rate hike. Chck it out: http://www.youtube.com/watch?v=w09-cQfp60Q

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