No matter who wins … we lose

Sounds like a good line for advertising a science fiction/horror movie – but in this instance it’s about the Federal Election held on the weekend, which resulted in the return of the Liberal National Party coalition government. Some would say this is better than having Labor elected – and these could be the same people who believed the Liberal advertising about interest rates having risen under previous Labor governments and should that happen again, people with a $200,000 mortgage would need to find another $900 a month to cater for the increased rates. At no point did these ads suggest that interest rate rises are something over which governments have little, if any, control. Of course, it was surprising that Labor itself didn’t raise that point – or any other real arguments in relation to the economy of the country during the course of the campaign.