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WITLESS ago

I understand why we had a boom and most disagree...is because...The Keating,hawke gov'ts floated the dollar...82 about.....DROPPED THE TARRIF WALL......deregulated the finacial institutions allowing foreign loans and investment....and most importantly ,they created the "price and wage accord" whereby,with the help of bill kelty of the ACTU.tHEREBY AGREEING NOT TO HAVE THE UNIONS ASK FOR MORE THEN 4% wage rise per annum.This with interests running at 2%would lead to real pay increases of 2% per annum.20%real increase over 10 years.. All these things with the GST and the mining boom lead to surpluses...Nothing I say ,NOTHING WAS DONE BY THE HOWARD GOV'T EXCEPT COLLECTING ALL THESE RECIEPTS led to surpluses......BUT guess what....they sold our soveriegnty out to the world bank on behalf of the UN.True Rudd was told to plough money into the economy keysian style to pump up the loss of private funds in the GFC.