Thursday, January 05, 2006

Aaaah, Paint Shop Pro.



“I ask the rhetorical question on many occasions, where would this country now be, facing the difficulties we do, if we hadn’t paid off about $58 billion of that $96 billion of debt we inherited five and a half years ago. Where would we now be if we hadn’t reformed the Australian Taxation system? Where would we now be if we had 17 or 20 per cent interest rates which were a common feature of life only a few years ago? How would people be able to pay off their mortgages, they’d be paying at least $350 a month more for their average mortgage than what they are paying now? How would you run a small business again in that kind of economic environment? How would you if you were a farmer- and the rural community remains incredibly important to this country- where would you be in relation to the bill rates that many of the Australian farmers had to pay?”

John Howard (2001, at Brisbane).

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