Wall St was down 94 overnight, its biggest fall in a month, while the local market is down 66.
Seriously, what is Rudd doing? A study in overreaction
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I wrote yesterday in my review of Nicholas Stuart’s Kevin Rudd: An Unauthorised Biography that Rudd has “an overweening tendency to maintain control over events and their interpretations”. Stuart correctly identified Rudd’s obsession with maintaining control as both a factor in his rise to date and a very big danger sign for the future. We’ve just seen another manifestation of Rudd’s characteristic reaction to events beyond his control — as Ken Lovell put it pithily at the leftie blog Road to Surfdom:
Rudd wedged himself on this issue as long ago as Dean Mighell’s speech at the Labor conference. With further revelations about Mighell’s negotiating style, Rudd could have brushed off the story by saying that unions operate in a robust environment and that individual union officials’ behaviour was not his (Rudd’s) responsibility. I’ve worked as an industrial relations consultant, representing community organisations as employers as well as employees, and I can vouch for the fact that industrial negotiations — even in white-collar settings — are not Baptist Union tea parties. It’s not too hard a point to make: people understand that IR is adversarial. Instead, Rudd reacted, as he has again to the vision of Joe McDonald, without thinking of the political implications. Bursts from the blue like these do appear to be blind spots for Rudd — and his instinct seems to be to regain control by demonstrating “strength” and literally making the offenders go away (from the ALP). But Lovell is quite right. The politics of this is horrible for Rudd. If anything is going to give the Government’s attack on union power legs, it’s Rudd’s mishandling of it. Rudd would have been far better off learning, and saying, that there are some things that happen that he can’t control. |
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