John Howard (Bennelong, Liberal Party, Prime Minister) Share this | Hansard source

I suppose, on occasions, I agree with the member for Lilley. I agree with the member for Lilley when he agrees with me in relation to my action over Queensland. The member for Lilley is a great follower. He belongs to the school of ‘echonomics’, which, it seems to me, will rival the Chicago School soon. We have the Chicago School of Economics, we have monetarism, we have Keynesianism and we now have ‘echonomics’ coming from those who sit opposite. There is something that the member for Lilley said this morning that I certainly did not agree with. He said that, if Labor had won the election, there would not have been any interest rate rises. Can you imagine that? What a fool I have been. All I have to do to stop interest rates ever going up in this country is to sign a piece of cardboard paper, which is what Mark Latham did in the last election campaign. But there he is, there is the member for Lilley, the shadow Treasurer—

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