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Tuesday, October 25, 2011

Still doubting that Gillard can win?

Posted on 5:51 AM by Unknown
Read this:
As recently as two years ago, Mrs. Kirchner had seemed a long shot to win a second four-year term. Her combative style, highlighted by a heated dispute over [commodity] export taxes, sent her approval ratings below 30 percent.
Now, take out the rampant inflation and cronyism, as well as the lack of foreign investment. For goodness sake, leave aside her personal arrangements. Substitute mining for agriculture in commodity terms (and look at the special tax on an insanely profitable industry that facilitates tax cuts across the board). Most importantly look at an opposition that doesn't really know what it believes in - and tell me if there aren't recognisable patterns here:
The economy emerged as the central issue on voters’ minds. By many measures [the country] is booming: the economy is expected to grow ... employment has reached record levels; and the poverty rate has been cut by more than half since 2007, the government said. The country continues to benefit from heavy government spending, high commodity prices and strong demand from China for its ... products.
Can't happen here?
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