We warmed to Gough, even as his grand design crumbled<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Amanda Vanstone, former Howard government minister, writes on the 40th anniversary of Gough Whitlam’s government. For a surprisingly long period there was no effective cabinet, then unsatisfactory cabinet process. It was nothing short of economic chaos, a disaster. It was a reminder to everyone that you can have all the great ideas you want about … <\/p>\n
Continue reading “We warmed to Gough, even as his grand design crumbled”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,5],"tags":[179,1596],"class_list":["post-6426","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-economy","tag-amanda-vanstone","tag-gough-whitlam"],"yoast_head":"\nWe warmed to Gough, even as his grand design crumbled - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We warmed to Gough, even as his grand design crumbled - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Amanda Vanstone, former Howard government minister, writes on the 40th anniversary of Gough Whitlam’s government. 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This implies that whether the sequester will harm or help the economy depends on whether cost-benefit considerations can justify the existing level\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7100,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/20\/unintended-consequences-rewarding-failure\/","url_meta":{"origin":6426,"position":1},"title":"Unintended consequences: Rewarding failure","author":"ColinTwiggs","date":"March 20, 2013","format":false,"excerpt":"Robert Shiller summarizes the arguments for raising taxes and increasing government spending at Project Syndicate: ......while that [austerity] approach to debt works well for a single household in trouble, it does not work well for an entire economy, for the spending cuts only worsen the problem. This is the paradox\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43889,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/09\/06\/chinas-debt-and-implications-for-australia\/","url_meta":{"origin":6426,"position":2},"title":"China’s debt and implications for Australia","author":"Colin Twiggs","date":"September 6, 2023","format":false,"excerpt":"China remains Australia's biggest export market despite a rapid fall in exports during the COVID pandemic -- in retaliation for Morrison government calls for an inquiry into the cause of the outbreak. Value of LNG exports to Japan have surged, after Russia's 2022 invasion of Ukraine, but China remains our\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Australian Exports by Country","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-09-05-aus-exports-country.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":4608,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/13\/has-the-chinese-government-given-up-on-rebalancing-already\/","url_meta":{"origin":6426,"position":3},"title":"Has the Chinese government given up on rebalancing already?","author":"Colin Twiggs","date":"June 13, 2012","format":false,"excerpt":"Zarathustra: As more and more evidence suggests that the Chinese economy is slowing rapidly, there is also more and more evidence that the Chinese central government has given up on real estate market curbs even though they say they will continue, and they have given up cleaning local government debts\u2026","rel":"","context":"In "China & HK"","block_context":{"text":"China & HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6321,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/03\/fiscal-cliff-is-just-a-speed-bump-on-the-road-to-a-real-crisis-international-liberty\/","url_meta":{"origin":6426,"position":4},"title":"Fiscal Cliff Is Just a Speed Bump on the Road to a Real Crisis | International Liberty","author":"Colin Twiggs","date":"December 3, 2012","format":false,"excerpt":"Dan Mitchell writes in the New York Post: A lot of people get upset about the national debt, which is somewhere between $11 trillion and $16 trillion, depending on whether you include money the government owes itself. Those are big numbers \u2014 but if you add up the amount of\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8739,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/11\/16\/whats-new-twiggs-momentum-research-results\/","url_meta":{"origin":6426,"position":5},"title":"What’s New: Twiggs Momentum research results","author":"ColinTwiggs","date":"November 16, 2013","format":false,"excerpt":"Further to my recent part-acquisition of Porter Capital Management, I would like to share with you our progress in developing new investment strategies. Quarterly Performance Firstly, Porter Capital's ASX200 Prime Momentum strategy achieved a 38.43% gain for the 12 months ended 31st October 2013, out-stripping the total-return index by 12.95%\u2026","rel":"","context":"In "Active Investing"","block_context":{"text":"Active Investing","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/investing\/active-investing\/"},"img":{"alt_text":"S&P 500 TMO Equity Curve: click to enlarge","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/spx-tmo-equity.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/spx-tmo-equity.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/spx-tmo-equity.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=6426"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6426\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=6426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=6426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=6426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}