by For the past few years, Australia’s economy has largely avoided the downturn that other Western economies have experienced. Unemployment peaked at 5.7%, far below the US peak of 10.2% and less than half of the Eurozone peak of 12.1%. Between 2004 and 2009, the economy grew at an average rate of 5.3%– exceptionally strong growth for a developed economy. […]Read more ›
Post Tagged with: "Economy"
But perhaps recognizing that government has the important role of not just supporting, but rather getting everyone to the same starting point — Tocqueville’s “equality of conditions” — will dispel the notion that government is incompatible with individual effort and a thriving civil society.Read more ›
More reports as poor as this one would reinforce an image of an economy that is…nauseatingly stuck in the middle of a recovery, leaving many Americans desperate for employment. If this is the case come November, Romney will have a very good chance to unseat the president.Read more ›