old new Labor

So, we have a Labor government. That’s no surprise really; the real surprise is the accuracy of the exit polls. Although we are in for another four or five years of tax and spend, the impending slowdown in economic growth should highlight to most of the population the problems with this policy. Had another party been elected, then the coming economic problems would be blamed on them, rather than on their actual source. We can also be thankful for the reduced majority. At least labor won’t be able to do anything they want anymore.