Posted May 9th, 2013, 12:17 AM
Yeah, but better for who? There are always winners and losers.Very true.
There's also a bit of mythmaking going on. The economic credentials under the last Liberal government were poor for the time. However, the times were very good externally and hence government dividends were good.
Just like investing in shares, it's easy to be a winning stock selector when the market's up overall. The true mettle is when the market's down. Some seem to think market = investor!