PRIME MI[ NI[ STER ,75A1/ l7l
PRMIMEI NISTER 20th NOVEMBER 1975
MR WHITLAM'S ADDRESS
MR WHITLAM HAS AGAIN TRIED TO SUGGEST THAT AUSTRALIA'S
PROBLEMS ARE CAUSED BY EVENTS THAT HAVE OCCURRED
OVERSEAS. HE IGNORES THE REPORT OF HIS OWN TREASURY AND WHICH WAS
ATTACHED TO MR HAYDEN'S BUDGET SPEECHAN AUGUST.
THIS REPORT INDICATED THAT. AUSTRALIA'S ECONOMIC. PROBLEMS
WERE BASICALLY CAUSED IN AUSTRALIA BY HIS GOVERNMEBT.
MR WHITLAM IGNORES ALSO THE REPORT OF THE INTERNATIONAL
MONETARY FUND AND THE ORGANISATION FOR ECONOMIC.
CO-OPERATION-AND DEVELOPMENT WHICH AGREED THAT OUR
ECONOMIC PROBLEMS WERE MADE IN AUSTRALIA.
MR WHITLAM IGNORES. THE FACT THAT INFLATION AROUND THE WORLD
WAS CAUSED BY A THREE HUNDRED PER CENT. INCREASE* IN THE
PRICE OF OIL WHICH AUSTRALIA DID NOT SUFFER BECAUSE OF THE
EXPLORATION. POLICIES PURSUED UNDER A LIBERAL/ NATIONAL COUNTRY
PARTY GOVERNMENT.
PRIME MINISTERa
MR WHITLAM IGNORES THE FACT THAT DURING THE FIRST 72 YEARS
OF FEDERAL GOVERNMENT NATIONAL EXPENDITURE REACHED ONLY
THE ANNUAL FIGURE OF TEN THOUSAND MILLION DOLLARS, BUT
THAT DURING THE THREE YEARS OF HIS ADMINISTRATION IT
MORE THAN DOUBLED TO TWENTY-TWO THOUSAND. MILLION DOLLARS.
THESE FIGURES ARE ALMOST BEYOND THE COMPREHENRION OF
SORDINARY PEOPLE.
BUT THIS INCREASE IN EXPENDITURE IS WHAT HAS . CAUSE
AUSTRALIA'S PROBLEMS OF INFLATION AND UNEMPLOYMENT,
IT IS BECAUSE OF THIS INCREASE THAT SCHOOL LEAVERS THIS YEAR
WILL NOT BE ABLE TO FIND JOBS AND THAT PEOPLE GRADUATING
FROM UNIVERSITIES AND COLLEGES WILL NOT BE ABLE TO USE THEIR
SKILLS. MR WHITLAM HAS ATTRIBUTED AUSTRALIA'S ECONOMIC FAILURES
TO HIS FIRST TREASURER MR CREAN, TO TREASURY ADVICE,
TO RISING WAGES, AND TO DR CAIRNS HIS SECOND TREASURER.
MR WHITLAM IS CONSISTENT IN TRYING TO PRETEND THAT HE IS
INNOCENT OF THE SINS OF HIS GOVERNMENT AND CONSISTENT IN
ALWAYS TRYING TO LAY THE BLAME ON SOMBODY ELSE.
HOW COULD ANYONE BELIEVE MR WHITLAM'S CLAIM TONIGHT THAT
UNEMPLOYMENT WILL GO TO ONE MILLION UNDER OUR GOVERNMENT 0* 0 I
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A PRIME MINISTER
UNDER LIBERAL-NATIONAL COUNTRY PARTY GOVERNMENT, AUSTRALIA
ENJOYED THE HIGHEST EMPLOYMENT AND THE LOWEST INFLATION IN
OUR HISTORY.
MR WHITLAM WAS PRIME MINISTER WHEN UNEMPLOYMENT
HIGHEST LEVEL SINCE THE GREAT DEPRESSION. HE
MINISTER WHEN INFLATION ROSE TO RECORD LEVELS.
RESPONSIBLE. REACHED ITS
WAS PRIME
HE IS