Blaming John Howard is easy, but his government helped shape the world we live in

Blaming John Howard is easy, but his government helped shape the world we live in – now and for future generationshen asking “Who screwed the millennials?” should we just apply Occam’s razor and answer “John Howard”? His government certainly shoulders a lot of blame but so do those who have done nothing to help since he was voted out.

When I turned 20 in 1992, I had experienced one month of global temperatures 1C above the average of the late 19th century. That was one month more than my father had experienced when he turned 20 in 1966. For their first 20 years, millennials born in January 1985, had just four months of temperatures 1C higher than the late 19th-century average.John Howard is not to blame for climate change, but inaction on climate change in this country started under his watch.

Little wonder his government was happy to not only provide a 50% discount to capital gains tax that turned the housing market into a casino, but also introduced the first homeowner’s grant and then later doubled it to keep juicing house prices.Factors outside Australia also played a part in the soaring prices. But neither Howard nor anyone who followed has done anything to stop it.

Anyone who took out their first home loan after 2005 is paying much higher mortgage repayments than those who took out loans in the 1980s:

Source: News Formal (newsformal.com)

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