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Analysis: Greek result just short-term respite

It would be unwise for anyone to expect the election of a new government in Greece to produce more than short-term respite from the spiral of decline which is gripping Europe, and which could yet tip the rest of the world into a serious recession.

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Perth
The above article is well written & so true. Australia, especially the labor government & green party should note the contents. We don't want to price ourselves out with low productivity since the labor govt came in. In addition, our too generous social security system has created some pretty laid-back people. there is still so much work around but no takers as it is more convenient to stay unemployed or go on strike if we are not happy with employers who technically paying for our social benefits etc.

The day of reckoning will be with us sooner then we like to think! Any political party has to be certain that it can produce the luxury of providing welfare to its constituents, before promising them during campaining time. That means to have the guts to stand up against the unions, when they require higher wages, for less working hours. No dole payments, if jobs are to be had elsewhere in the country. REMEMBER, WE ARE NOT A WELFARE COUNTRY, WE ARE IN A LUCKY COUNTRY. Where work is available, but one has to be prepared to relocate oneself!! When do unions wake up to them selves, that they are the ones that have caused manufacturers to go overseas, because of the possibility of cheaper production, despite having to add return shipping costs, to Australia? COME ON AUSTRALIA WAKE UP!!!

Perth
Tim Treadgold has highlighted the risks being undertaken in Australia through poorly developed and implemented government policy. If only our policy makers would heed Treadgold's final paragraph!

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