setting still on policy

Does the federal government have any idea of what it wants from the economy?

Does it want high inlation? low? High unemployment or low? These are serious policy issues which affect every one of us. Yet the treasurer seems to think it is good to leave these policies to the "independent" RBA (Jim's thorny problem 9th Aug)

Major policy directions are set by a Board of unelected but highly paid economists. Why do we bother voting for politicians? The government should set policy, then leave the RBA to do what it can to implement that policy.

... Nick Lethbridge, Churchlands

===

Nick Lethbridge    /    Consulting Dexitroboper
Agamedes Consulting    /   Problems? Solved.
   ===


Happiness is wanting what you already have