Typical right wing idiocy. As to economic strength:The surge to Labor left conservative Prime Minister John Howard struggling to win even his own parliamentary seat, which he has held since 1974, putting him in danger of becoming the first prime minister since 1929 to lose his constituency. [...] A staunch U.S. ally committed to keeping Australian troops in Iraq, he offered voters income tax cuts, but few new policies, instead highlighting his strong economic record and attacking Labor's links to the trade union movement.
The election was fought mainly on domestic issues, with Labor cashing in on anger at workplace laws and rising interest rates which put home owners under financial pressure at a time when Australia's economy is booming.Sounds like "strength" for the already strong, especially w/ tax cuts no doubt aimed at the rich. The American economy appears to continue its division into two separate & unequal parts, judging from this NYT report:
With an uncertain economy, a slowdown in the housing market and high gas prices hanging over their heads, consumers flocked to discount chains like Wal-Mart, Target and Best Buy, brandishing bargain-filled fliers. In a reversal from years past, they largely bypassed more expensive retailers, including such powerhouses as Nordstrom, Coach and Abercrombie & Fitch, according to shoppers and merchants interviewed around the country. [...] Like thousands of Americans, Ms. Johnston has an adjustable-rate mortgage, and her rising payments have stolen from her holiday spending budget. “Before this, I shopped mostly at Macy’s and some at J. C. Penney, so shopping at Big Lots is, like, two big steps down for me,” she said. “This is going to be a hard Christmas.” [...] Yesterday, an employee at the Abercrombie & Fitch in Waterford, Conn., called the sparse crowds “scary.” A clerk at the Macy’s in the Westfield Old Orchard shopping center outside Chicago described the number of shoppers as no greater than a normal weekend morning.And locally, Malibu seems to have caught fire again.
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