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Yes but neither of these occurances have had much impact on our economy. You are incorrect to say that the fall in the US currency has had an 'extensive' effect on our economy. This is simply untrue. As for interest rate differentials, this has only really impacted on us insofar as the effect it...

length aint important. Sure you should be writing about an hours worth for each essay, but it doesn't matter whether thats 10 pages or 5 pages. What counts is how will you structure and answer the question.

I didn't do any research... Not for this forum anyway (my ideas of course are researched). No shit that a labor party is going to be influenced by its union roots. You gain a much better distribution of income by providing everyone with a job. Not by excluding some so that others can have...

No I didn't claim she HAD spent $10bn; I had claimed shes got $10bn worth of wishlist items. The whole original point was to speculate what happens when the rest of the Labor party demands their pound of flesh. Rudd is just a centre right catylst who was similar enough to Howard such that he...

That is completely incorrect. If you are going to make such an absurd claim then how about you show me a transcript where he promised to 'decrease' rates. Sure interest rates was a big theme of the 2004 election, but the terminology used shoots a hole in any theory that suggests howard made...

I didn't read the article in full, but there are a number of credible arguements that fall in line with this way of thinking. The arguement is that inflation targeting is flawed. And it is. Is it better than the alternative? I dont know, but it does have problems and it is only fair for the...

Ok Ok Ok... I got it wrong after all. Secrety Julia Gillard is an economic conservative and is going to cut taxes, and lower expenditure for all.... Unlikely. Your issue with $10bn is besides the point. The fact is that she isn't an economic conservative and she has some grand plans that she has...

Theres a difference between 'making up' a number and making an educated guess. Go and have a look at the budget papers and you will see that 10 billion dollars is a fairly conservative number. If anything she would most likely desire to spend more rather than less. Why is it that you think...

I didn't call them communists, I merely said that communists desire a prosperous economy but that doesn't mean that their central planning will achieve it. In the same way as I wish to win my game of football on the weekend, but that doesnt garuntee my success if im using a completely...

Havent you been listening to her and her colleagues spout off about all these things they want to do? These things cost money. 10 billion is an arbitrary number but it it would be in the ballpark of the costs of some of these things. Australia is one of the only countries in the world to...

There was no generalisation there. Shes already got about 10 billion dollars worth of things shed want to spend the surplus on once the current situation is over. Communists dont want the economy to go badly but that doesn't mean that communists are good economic planners. Labor (and in...

If you read my post prior to the one where you gave a link to the ALP website; you will see my analysis of what happened in Australia in the first half of this decade. Howard had a policy of fiscal consolidation. This took pressure off the RBA in terms of rising interest rates. For example: if...

Never did I say, or imply that John Howard set interest rates. It is also true the the whole world has been going through a period of lower inflation. But governments do have an impact on demand pressures. When marginal decisions are made; government spending can be the difference between a rate...

No, the ALP said he promised to keep interest rates at record lows John Howard said who do you trust to keep interest rates low. A fair statement to make considering that the average interest rate over the course of the howard government is significantly lower than interest rates during...

Well in fact it is most likely quite the opposite... If anything interest rates were too low in the first half of this decade. You will remember when the australian dollar was about 48 cents? this was because our interest rates were very low compared to overseas interest rates. I am not...

When did he ever promise to keep them at an 'all time low'. Show me a quote where he ever said. He in fact NEVER did.

I think in some ways riley goes into more depth, but does so on issues not relevant to the HSC. The focus in Dixon is to make economics simple, and provide the appropriate amount of depth where it is relevant to the HSC. Riley can be incredibly confusing if you dont have the basics. I think...

Huh? When did Howard ever say he would lower interest rates? It was his government that made the bank completely independent in 1996?

He is just sending a signal that he is credible How is this any different to a shop spending money on an expensive shopfront?

Think of the logistics... How are you going to photocopy a set of notes and mail them off? more trouble than its worth. The main benefit of the distance program is access to other support like workshops and one on one help - not a set of notes (i.e. you would severely ripped off if you were...