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Peter Costello has consistently harped that Labor are bad managers, however, this latest interest rate coupled with John Howards "gift" of $3 million dollars to Bennelong just smacks of "we know better than you".
If Costello and Howard had got it right, then they would have taken decisive action (and they were warned about interest rates rising from the Reserve Bank time and time again) to keep things under control. Its obvious that they ignored the Reserve Banks advice and now people struggling to pay their mortage and live will stuggle even more.
No comments about people living beyond their means thanks, when they started paying their mortgages 11 years ago the interest rate was not what it was announced today and their was sufficient extra in their income for them to live properly.
No thanks to Howard either for Work Place Agreements which saw lots of people lose overtime and pay making life a bit harder too.
Now we should brace ourselves for the backlash of Liberal Party Members adding comments telling us how wrong we are to feel like this..........after all "we have never been better off".

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