Amazing. John Howard has not only lost his office, govt, but even his own seat. One of the best prime ministers Australia has ever lost his electorate to a sweet talking news reporter. That's like George Bush losing the Presidential election to Boy George.
Its incredible. When John Howard got into office- the Australian economy was in a terrible state. The National Deficit was running into the billions. Unemployment was close to 10%. Interest rates was over 10%, and inflation was out of control. The banks were defaulting due to bad loans. People were queing up for miles to get one crappy job. We were heading to become a banana republic and all we got was Paul Keating's bum.
Now after reducing the deficit, fixing up the economy, achieving the lowest unemployment in 33 years, this is how the voters in Australia reward John Howard - by kicking him out of office and replacing him for an amiable TV reporter. Outstanding eh?
Labor being what it is- will end up screwing up the economy and ruining society with bad social justice laws. They can't help themselves- they're socialists. Big hearts. Small brains. Their track record in managing anything has been totally dismal.
Oh, Australia will run ok for a few years. The new PM, Kevin Rudd, inherited a huge surplus from Howard- so it will take him at least a year to spend that. But after that... Labor will just use their same old tactics of raising tarriffs, increasing taxes, and tear the country apart.
Its happened before and it will happen again and again. (lol to BSG fans)