Australia owes Keating a debt of gratitude for the profound influence his direction had on shaping modern Australia. Despite the economic vandalism of subsequent conservative governments, the legacy of the Hawke/Keating and Whitlam years still resound in the better aspects of Australian society. They challenged us, and we are a better society for it. I dread to think what Australia would look like after the Howard years if not for the foresight shown by these great Australian reformers.
@coopsnz1
3 жыл бұрын
Middle class and upper class worse off because of him
@space.youtube
3 жыл бұрын
@@coopsnz1 is using words.
@williambristow9610
Жыл бұрын
Wank
@Richie.G.String
3 ай бұрын
Keating had vision!
@suewitcoms2052
2 жыл бұрын
Keating, a rare visionary and quality politician in Australian history.
@williambristow9610
Жыл бұрын
Wank
@deliquescencemusic
3 жыл бұрын
Ahhhhh the zingers.....I miss that
@shaetaylor2239
6 жыл бұрын
For Gods sake have him and Rudd liase with the Chinese
@MichaelPaddon
4 жыл бұрын
I admire Keating for his great work as Treasurer on reforms in the 80s. And for his memorable quips in Hansard. But this video is just sad. He is lost, a man out of his time, showing appalling ignorance of macro-economics.
@jginfographics
10 ай бұрын
How is this sad? Keating gave a succinct clear account of the challenges he faced when in Govt & the remedies he instituted. Keating then acknowledged in his time he was dealing with supply side issues whereas the times now are dealing with the distribution issues of rising inequality. Keating then went onto summarise the learnings he took from the book he was endorsing, using his turn of phrase & wit to do so, demonstrating he can take on new information & uptake his views to accord with new circumstances. Many fools, like the other reply here to your comment are still repeating their BS of 30 years ago. The only thing that I find sad is the effect of Father Time and aging of a great man who I remember vividly in his prime. Not only did Keating understand macroeconomics, he had the creative mind to REFORM Australia’s micro & macro economic structures & performance, the legacy of which continued until covid times.
@jginfographics
10 ай бұрын
@@HeathGallagher-xc1bhYou are an idiot. We can’t stay in 1950 for ever as much as fools like you seek to. One of the big issues Keating fixed was our reliance on overseas capital which did flood Australia for decades before Keating & he fixed it through superannuation which he pointed out in his speech is worth $2.4 trillion, now $3.4 trillion in 2023. Keating was a great leader who more than anyone else modernised Australia, aside from dinosaurs like you who live in the past, who are beyond help in any form.
@oldman2800
4 жыл бұрын
Keating gave Australia the highest unemployment since the great depression and the highest levels of small business bankruptcy as a result of off the scale and protracted interest rates caused by profound negligence and ineptitude. The Labor party then sold the inevitable recession as "The recession we had to have" causing great hardship and destitution in our country something that had no Australian or international cause, just inept government mismanagement
@evanshiong3557
4 жыл бұрын
He’s Australia’s earliest-serving living PM since the death of his friend and former boss Bob Hawke. And also someone you would have troubling winning a debate with in the Australian Parliament. Australia recovery from the 90s recession was so slow under him.
@charlesmclean8688
4 жыл бұрын
The recession will always be a blight on Keating's record (although he was right in that no one country on earth could have avoided recession) however to suggest be was an inept economic manager is just ridiculous. Keating and Hawke revolutionised the Australian economy and lifted it out of the dark ages of conservative protectionism that had dragged this country behind for decades. Hawke and Keating inherited an economy from Fraser that was ranked 20th in the OECD and handed Howard an economy ranked 6th in the OECD. Keating is widely recognised (by both economists and members of the treasury) as Australia's best ever treasurer so please put some respect on this man's name.
@M.-.D
2 жыл бұрын
It was an international recession. Well done.
@jginfographics
10 ай бұрын
Another LNP shill who can’t tell the full story. The structural reforms brought about by Keating led to low unemployment and inflation for the next 30 years. Keating’s superannuation reforms fixed Australia’s lack of savings and capital investment, which he single-handedly pushed through despite strong opposition from the obscurantist LNP. Keating wasn’t perfect but he did try to fix the place rather than fix the game to help rich mates while letting the country crumble which is all the LNP does in power. Even in Keating’s recession, inflation was almost half what it was as compared to Fraser & Howard’s 80’s recession while unemployment in both recessions was within a percentage point of each other. The LNP naysayers hate Keating because they have never had a leader in their ranks who truly reformed Australia, because they’re always too busy lining their own pockets with the conflicts of interest that entails, to actually be selfless enough to focus on the greater good of the country. And the LNP can never take Australia forward when they’re too busy trying to take Australia back to the predominately white male 1950’s.
@sashijacksparrow86
Жыл бұрын
Well Mr Paul Keating was a straight forward leader helps the poor and also the rich brought up Australia especially ASEAN.and.europe not a corrupted leader like some of the leaders stole trillions put into their own family account and also his cronies must follow Mr Paul Keating's example some leaders like to be in power for long time because can steal money like a thief
Пікірлер: 24