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General Discussion >> Federal Politics >> Hockey wins over the G20 http://www.ozpolitic.com/forum/YaBB.pl?num=1393131635 Message started by bogarde73 on Feb 23rd, 2014 at 3:00pm |
Title: Hockey wins over the G20 Post by bogarde73 on Feb 23rd, 2014 at 3:00pm
G20 finance ministers agree to lift global growth target
Updated 2 minutes ago The G20 finance ministers meeting has agreed to target a lift in global growth that is 2 per cent higher than current forecasts over five years. Federal Treasurer Joe Hockey says it would represent an increase in global GDP of more than $2 trillion. Mr Hockey says meeting the target will require increasing investment but that it could create "tens of millions of new jobs". "In a major step forward, the G20 finance ministers and Central Bank governors have decided to put a number on our aspiration," Mr Hockey said. "We are committed to implementing policies that aim to lift our collective GDP by more than 2 per cent above the trajectory implied by current policies over the next five years. "Put differently, our policies could deliver over $2 trillion more in real economic activity and tens of millions of new jobs." Mr Hockey says the ministers will be laying down concrete policies in Brisbane at the end of the year. He also spoke about the need to progress reforms on the IMF and expressed disappointment that the reforms agreed to in 2010 had not been secured. The Treasurer urged the US to ratify those reforms. Mr Hockey also spoke about tax reform, particularly the issues of base erosion and profit shifting. |
Title: Re: Hockey wins over the G20 Post by bogarde73 on Feb 23rd, 2014 at 3:01pm
A great Treasurer in the making!
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Title: Re: Hockey wins over the G20 Post by Aussie on Feb 23rd, 2014 at 3:13pm bogarde73 wrote on Feb 23rd, 2014 at 3:01pm:
How odd. That is the very Title of this Thread.....you commenced! Click here. More needless duplication! The Rules are fairly clear about that. Click here. |
Title: Re: Hockey wins over the G20 Post by perceptions_now on Feb 23rd, 2014 at 4:24pm bogarde73 wrote on Feb 23rd, 2014 at 3:00pm:
Just because Politicians say something, doesn't make it true. In fact, usually the opposite is correct. In this instance, it is the opposite that is true, as the Global basics will make the Growth "aim" impossible! What Global Basics, you say, well - 1) Demographics have been the backstop of Economic Growth, for around 60-80 years, depending on which criteria is used and the Peaks & troughs of Demographics are usually reflected 50 years later. So, 2014 is now set to reflect the fact that the Baby Boomer era ended in 1964, which means Demand will Decline, not increase, as the last Boomers now go into their final savings years & the bulk of Boomers actually enter their "spendthrift" Retirement years. And, 2014 is also set for the Bust phase of the current & usual Economic Boom/Bust cycle. 2) Peak Energy has arrived, thus the cost of Energy & everything related to energy has been rising & will rise much more, thus eating greatly into the "Disposable income" of the vast majority of people, thus reducing Demand. 3) Global Debt is already at historic highs and moves must be made to start the long haul back! Thus Taxes must increase, Tax loopholes must be closed & Expenditures must Decrease, in order to start down the Debt reduction path. This also means that Demand will Decline, not increase! 4) Climate Change, irrespective of whether it is natural or man made, is causing many problems. It is driving up costs, it is set to deliver a Decline in Agricultural Production & in many areas a lack of rainfall will put restrictions on Population increases. All of which will put a further Decline into Demand! So, whilst our "friendly Pollies", of all shapes & sizes, from here & elsewhere & from all types of Political Party's may say they will "aim" for higher Growth, But the Reality is, based on Real Facts, they have as much chance of success in achieving their higher Growth "aim", as does a Pig in trying to Fly, the Pig may try, but all that's going to happen is he will make the leap "of faith", then die, as he crashes to the ground! Sorry, to be so blunt, But facts are facts and nothing any Polly will say, is going to make these facts go away! |
Title: Re: Hockey wins over the G20 Post by adelcrow on Feb 23rd, 2014 at 4:27pm
I bet the G20 were thrilled having the Arab son of a Palestinian deserter telling them how to run their economies ;D ;D
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Title: Re: Hockey wins over the G20 Post by adelcrow on Feb 23rd, 2014 at 4:57pm
Hockey even congratulated a Communist dictatorship for stealing our jobs ;D
Does Hockey know that the Communist Chinese govt has control over every business and person in China? http://www.abc.net.au/news/2014-02-23/joe-hockey-cites-china-for-job-creation-g20-talks-continue/5278000 |
Title: Re: Hockey wins over the G20 Post by cods on Feb 23rd, 2014 at 5:00pm adelcrow wrote on Feb 23rd, 2014 at 4:57pm:
you better ask krudd that one hes the expert on China.. isnt he going for his phd from Harvard. ;) ;) ;) ;) |
Title: Re: Hockey wins over the G20 Post by cods on Feb 23rd, 2014 at 5:01pm adelcrow wrote on Feb 23rd, 2014 at 4:27pm:
your pretty disgraceful.. a real racist if ever I saw one. >:( >:( >:( |
Title: Re: Hockey wins over the G20 Post by Aussie on Feb 23rd, 2014 at 5:05pm cods wrote on Feb 23rd, 2014 at 5:01pm:
Waddayareckon about Taipan here cods. Pretty damn cool, wot! Click here. |
Title: Re: Hockey wins over the G20 Post by Andrei.Hicks on Feb 23rd, 2014 at 5:06pm adelcrow wrote on Feb 23rd, 2014 at 4:27pm:
You're a disgusting racist. There is no political point there. |
Title: Re: Hockey wins over the G20 Post by Aussie on Feb 23rd, 2014 at 5:14pm Andrei.Hicks wrote on Feb 23rd, 2014 at 5:06pm:
True, but it is entirely accurate. You seem to be getting very partisan there Andrei. |
Title: Re: Hockey wins over the G20 Post by cods on Feb 23rd, 2014 at 5:17pm perceptions_now wrote on Feb 23rd, 2014 at 4:24pm:
true but what we have to take into account perc... is dealing with other economies and govts.. its not just about US is it??... if we dont bend to others we cannot expect them to bend towards us.. we have to fit in perc...its that simple.. we are not an island unto ourselves... its no good going back years ago.. its a different world today we want more for doing less... we want power electricity..but want it for free...... what the??.. we want houses but expect the govt to pay for some of it.... what the???? we expect to have free medical treatment... but only the BEST will do mind you.....what the? our attitude is appalling... if we dont pull our weight we will sink thats for sure.....look at what people did during the war..not on ly did they go without they paid for everything didnt expect bugger all for nothing... and did jobs..women built planes for gods sake... ask some of them what an iron is used for and they wouldnt know. we all need to pull our heads in and s top blaming govts for all our ills...we have got so selfish in this country it isnt anything like it was when I first came here... everyone worked then they didnt care what it was they did it..now they whinge for more money for the dole. so they can keep their lifestyle.. |
Title: Re: Hockey wins over the G20 Post by cods on Feb 23rd, 2014 at 5:21pm Aussie wrote on Feb 23rd, 2014 at 5:05pm:
I dont read that thread the fact it was started by the most miserable person on here.. cracked me up... it wasnt nice not nice at all.. but what do you think about adelcrow and his constant belittling remarks about Joe..I take it you are ok with that as taipan seems to stir you up more..... or is that the sort of talk you like to see.. >:( >:( |
Title: Re: Hockey wins over the G20 Post by Aussie on Feb 23rd, 2014 at 5:38pm cods wrote on Feb 23rd, 2014 at 5:21pm:
cods, you can call me the off-spring of Scottish, English, German 'deserters' as often as you please, because it is true. Joe is an Arab, and that is also equally true. Wot's the bloody problem? I'm sure Arab Joe is quite proud of his DNA. |
Title: Re: Hockey wins over the G20 Post by perceptions_now on Feb 23rd, 2014 at 5:56pm cods wrote on Feb 23rd, 2014 at 5:17pm:
I'm not sure if you picked it up Cods, But I did refer to GLOBAL BASICS. So, you're right, it's not just about US, it's about the GLOBAL BASICS and no matter what any Politician may say, Local or elsewhere & Left, Right or Centre, those GLOBAL BASICS are clearly saying we are heading for problems, so what has been said at the G20 is simply PR CRAP! |
Title: Re: Hockey wins over the G20 Post by True Blue... on Feb 23rd, 2014 at 6:28pm cods wrote on Feb 23rd, 2014 at 5:17pm:
Totally agree on the selfish greedy Australians these days and lazy.... money for nothing and your chicks for free..... ::) They are also going after these tax havens of the super rich and big companies not paying their ways.... Good on them... go Libs!! |
Title: Re: Hockey wins over the G20 Post by adelcrow on Feb 23rd, 2014 at 6:33pm Andrei.Hicks wrote on Feb 23rd, 2014 at 5:06pm:
How is that being racist?..Hockey is an Arab and his father did a runner from Palestine. Its certainly nothing like the personal abuse you threw at John Smith and his Italian heritage or your years of pre 2013 election racial abuse of Tamils, Arabs and black Africans to name just a few different racial groups that you have heaped abuse on. Anything I have to say about Hockey is small potatoes in comparison. |
Title: Re: Hockey wins over the G20 Post by froggie on Feb 23rd, 2014 at 6:59pm Quote:
And before the G20 winds up Joe is going to give them, chapter and verse, exactly how they will accomplish this. By then they will all need a good laugh. ;D ;D ;D ;D ;D |
Title: Re: Hockey wins over the G20 Post by Andrei.Hicks on Feb 23rd, 2014 at 10:53pm Aussie wrote on Feb 23rd, 2014 at 5:14pm:
I have no partisanship on racism Aussie. |
Title: Re: Hockey wins over the G20 Post by Kat on Feb 23rd, 2014 at 11:31pm cods wrote on Feb 23rd, 2014 at 5:21pm:
Says the most miserable person on here. Your loss, yet again, as your bias and wanton ignorance have deprived you of what was quite a light-hearted, 'fun' and entertaining thread. Your bias and bile have even led you to this unwarranted and unjustified attack on me when it wasn't relevant to this topic and I wasn't even a participant in the discussion. YOU really do need to learn the meaning of manners and respect. Then, who knows, you may even get the same consideration in return... >:( >:( >:( >:( |
Title: Re: Hockey wins over the G20 Post by True Blue... on Feb 24th, 2014 at 6:37am Kat wrote on Feb 23rd, 2014 at 11:31pm:
once again you are off topic and have nothing to contribute to this thread... if you've got nothing to say then don't say anything at all... every thread you enter you always try and turn it into a "woe is me" thread... aww... poor kat... awww there there... stop playing the victim and grow some balls... be a man for once and contribute positively to forum discussions... |
Title: Re: Hockey wins over the G20 Post by cods on Feb 24th, 2014 at 6:43am adelcrow wrote on Feb 23rd, 2014 at 4:57pm:
they didnt steal them the unions drove them away.. |
Title: Re: Hockey wins over the G20 Post by cods on Feb 24th, 2014 at 6:55am perceptions_now wrote on Feb 23rd, 2014 at 5:56pm: perceptions_now wrote on Feb 23rd, 2014 at 5:56pm:
yes I did pick that up perc but as this is the oz politic board I am sure you wouldnt put up something that is purely global here if you werent really meaning Oz... would you?... the rest of the world is in turmoil perc... they will never get it right.. not in our lifetime... so we have to learn to live with what is happening...and it isnt all about money...although war I am sure is very very expensive.. but the fact that the world seems to limp from one crisis to another...does not exempt us... we are involved even from a distance...we have to change as well.. we have to fit in with the demographs and we should start by learning to live with each other for the betterment of our society rather than selfishness which seems to be the go. |
Title: Re: Hockey wins over the G20 Post by Redmond Neck on Feb 24th, 2014 at 6:59am
Another useless talkfest that will accomplish nothing.
Watch them all go home and change nothing as usually happens after these rubbishy get togethers. How much did this cost to put on Joe? Not to mention the bigger one coming up in Brisbane in November!! Bah Humbug!! >:( >:( |
Title: Re: Hockey wins over the G20 Post by cods on Feb 24th, 2014 at 7:02am Redmond Neck wrote on Feb 24th, 2014 at 6:59am:
you would rather we didnt talk to each other???? |
Title: Re: Hockey wins over the G20 Post by Redmond Neck on Feb 24th, 2014 at 7:28am
I think more is accomplished in one to one talks on an as required basis rather than all this waste of money.
Remind me in a couple of years how many take any real action on what was proposed. |
Title: Re: Hockey wins over the G20 Post by cods on Feb 24th, 2014 at 7:57am Redmond Neck wrote on Feb 24th, 2014 at 7:28am:
which one on one did you have in mind>?? like thinking one on ones..maybe. maybe little things c hange things we dont see up front.. as long as they go in the right direction thats what matters....lets face it.. China is changing???....slow but never the less changing more freedom that in itself has to say something for talking... |
Title: Re: Hockey wins over the G20 Post by Kat on Feb 24th, 2014 at 8:28am True Blue... wrote on Feb 24th, 2014 at 6:37am:
When I want the dogs to bark, dropkick, I'll rattle a plate. Go somewhere quiet and self-immolate. |
Title: Re: Hockey wins over the G20 Post by Kat on Feb 24th, 2014 at 8:30am cods wrote on Feb 24th, 2014 at 6:43am:
No. They didn't. Once again bias triumphs over fact. |
Title: Re: Hockey wins over the G20 Post by Redmond Neck on Feb 24th, 2014 at 9:54am cods wrote on Feb 24th, 2014 at 7:57am:
Maybe little things do change, but all too often we see a few leaders getting together for a few days, then rushing at the last minute to come up with something of a "statement of achievement" then they all pose in silly outfits for photos before going home and that is the last we ever hear of it. (before some idiot comes back and says "they didnt wear silly outfits at this one I said "all too often") The fact is these conferences cost a motza for the host country to put on and I doubt much is achieved. The one that will cost the big $$$ is the leaders one in Brisbane in November. Anyway for the record I am not having a go at Abbott/Hockey about this recent one in particular as it has been on the agenda going back to Labor days. By one on ones I mean things like free trade agreements and the like. |
Title: Re: Hockey wins over the G20 Post by GeorgeH on Mar 2nd, 2014 at 7:30am
Wow, Australia takes the G20 presidency and displays—a complete and utter lack of leadership:
http://www.canberratimes.com.au/comment/australias-g20-leadership-notable-only-in-its-absence-20140301-33sxk.html |
Title: Re: Hockey wins over the G20 Post by John Smith on Mar 2nd, 2014 at 8:27am
"In a major step forward, the G20 finance ministers and Central Bank governors have decided to put a number on our aspiration," Mr Hockey said.
"We are committed to implementing policies that aim to lift our collective GDP by more than 2 per cent above the trajectory implied by current policies over the next five years. "Put differently, our policies could deliver over $2 trillion more in real economic activity and tens of millions of new jobs." Wow, Hockey wants to put an extra $2 trillion into the CHinese economy .... which country are you the treasurer for Hockey? |
Title: Re: Hockey wins over the G20 Post by John Smith on Mar 2nd, 2014 at 8:29am
Our government's most obvious contribution was to take several key issues off the table.
The most notable of these, explicitly ruled out by Mr Abbott, is climate change. The leading members of the G20 - the US, the European Union and China - are taking substantial steps to reduce carbon dioxide emissions. But there is no point in trying to put together an agreement in an international forum that is led by people who think mainstream climate science is ''crap''. The relevant discussions will take place in other forums, without Australian input. Read more: http://www.canberratimes.com.au/comment/australias-g20-leadership-notable-only-in-its-absence-20140301-33sxk.html#ixzz2ukjuK1xl |
Title: Re: Hockey wins over the G20 Post by GeorgeH on Mar 2nd, 2014 at 6:02pm
We used to be a leader, were looked up to. Now we are a pariah nation led by an ape!
Stupid rightarded being oh so smart “so we will reduce our 1.6% of emissions by 5% and so do sod all yuk yuk.” No idea of leadership. Well, maybe we did enough (and will again 2016 on) because all these other big nations are now acting to reduce emissions. |
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