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Thursday, July 14, 2011

Why Abbott dislikes most Economists

        Found this on a new online newspaper "The Conversation".  I can now see why Tony Abbott thinks that Australian Economists are daft.
       A survey of 145 economists released today found that 60% believe the Gillard government’s carbon tax is good economic policy. The survey was conducted on Monday at a meeting hosted by the Economic Society of Australia at the Australian National University (ANU). The results were fairly clear cut. Something like 60% were in favour of the governments approach and 25% were against and 15% had no opinion.
       The survey coincided with the release of another poll of 500 members of the Economic Society of Australia on a range of policies, including the mining tax and middle-class welfare.
Around 70% of respondents to that survey said they support a national excess profits tax on miners and two-thirds of want middle-class welfare cut so that more assistance can be given to the disabled and severely disadvantaged.
       The bulk of the economists favour abolition of the Baby Bonus and the First Home Owners Grant, and are in favour of introducing the indexation of tax thresholds and for the introduction of congestion charges.
       Yes, they are against a lot of the oppositions policies. I thought the Liberals were better economic managers?

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