Australian Politics Forum - Interest rate chestnut

polite_gandalf

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Re: Interest rate chestnut - voters are still stupid
Reply #15 - Nov 5^th, 2012 at 7:35pm

Maqqa wrote on Nov 5^th, 2012 at 4:51pm:

(2) Swan was telling us how great things are - if so then rates should be heading up not down

What simplistic nonsense. Rising interest rates can reflect bad or reckless fiscal policies especially in connection to overspending and debt accumulation. Swann can arguably claim credit for good economic management if the economy remains strong but interest rates remain relatively low.

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A resident Islam critic who claims to represent western values said:
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Outlawing the enemy's uniform - hijab, islamic beard - is not depriving one's own people of their freedoms.

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woof woof

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Re: Interest rate chestnut - voters are still stupid
Reply #16 - Nov 5^th, 2012 at 7:54pm

The economy must be going great guns if the RBA see's fit to cut rates to what Swann called emergency levels, note the sarcasim.

Now fact is the economy is fkd totally fkd, so RBA will cu trates .5% tomorrow, Thats how seriously we need consumers to have more disposable income and spending it to create demand.

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adelcrow Gold Member Offline Australian Politics Posts: 20133 everywhere Gender:	Re: Interest rate chestnut - voters are still stupid Reply #17 - Nov 5^th, 2012 at 7:58pm The Libs have been telling us for decades that low interest rates are a sign of a well managed economy..dont tell me they were lying
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progressiveslol

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Re: Interest rate chestnut - voters are still stupid
Reply #18 - Nov 5^th, 2012 at 8:08pm

adelcrow wrote on Nov 5^th, 2012 at 7:58pm:

The Libs have been telling us for decades that low interest rates are a sign of a well managed economy..dont tell me they were lying Grin

You must not know much about how interest rates work if that BS statement of yours is how you actually think.

The liberals were able to use that line, because they were the best economic managers possibly ever in my lifetime.

The statement the liberals made is true, just does not cover a possible labor government poor management and the need to stimulate the economy.

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Dsmithy70

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Re: Interest rate chestnut - voters are still stupid
Reply #19 - Nov 6^th, 2012 at 8:35am

progressiveslol wrote on Nov 5^th, 2012 at 8:08pm:

adelcrow wrote on Nov 5^th, 2012 at 7:58pm:

The Libs have been telling us for decades that low interest rates are a sign of a well managed economy..dont tell me they were lying Grin

You must not know much about how interest rates work if that BS statement of yours is how you actually think.

The liberals were able to use that line, because they were the best economic managers possibly ever in my lifetime.

The statement the liberals made is true, just does not cover a possible labor government poor management and the need to stimulate the economy.

Can you enliven me to the major structural reforms in the workplace & economy undertaken by the Liberals, Howard & Costello as I assume that who you speak of?
Other than the GST I can think of NONE.

All the heavy lifting was done by Labor & PJ Keating who still cops a caning from you economic illiterates.
It was his reforms that opened up our markets, stopped the Unions stranglehold on wages growth without increases to productivity & floated the $$.

All things recommended to Treasurer Howard by the report HE commissioned but was to gutless(read interested in self preservation) to enact.
However of course he was not to shy to accept the credit of these reforms as his own.

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REBELLION is not what most people think it is.
REBELLION is when you turn off the TV & start educating & thinking for yourself.
Gavin Nascimento

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cods

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Re: Interest rate chestnut - voters are still stupid
Reply #20 - Nov 6^th, 2012 at 9:29am

I feel for those that are self funded I read in yesterdays paper where they have lost 25% of their income.. due to interest rates and investment loses..if they have another interest cut.. what about these people????.. what about those that are due to retire any time soon... is much thought given to them???

dont forget all of you on here will be affected one way or another by these very things when its your turn

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progressiveslol

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Re: Interest rate chestnut - voters are still stupid
Reply #21 - Nov 6^th, 2012 at 9:31am

Dsmithy70 wrote on Nov 6^th, 2012 at 8:35am:

progressiveslol wrote on Nov 5^th, 2012 at 8:08pm:

adelcrow wrote on Nov 5^th, 2012 at 7:58pm:

The Libs have been telling us for decades that low interest rates are a sign of a well managed economy..dont tell me they were lying Grin

You must not know much about how interest rates work if that BS statement of yours is how you actually think.

The liberals were able to use that line, because they were the best economic managers possibly ever in my lifetime.

The statement the liberals made is true, just does not cover a possible labor government poor management and the need to stimulate the economy.

Can you enliven me to the major structural reforms in the workplace & economy undertaken by the Liberals, Howard & Costello as I assume that who you speak of?
Other than the GST I can think of NONE.

All the heavy lifting was done by Labor & PJ Keating who still cops a caning from you economic illiterates.
It was his reforms that opened up our markets, stopped the Unions stranglehold on wages growth without increases to productivity & floated the $$.

All things recommended to Treasurer Howard by the report HE commissioned but was to gutless(read interested in self preservation) to enact.
However of course he was not to shy to accept the credit of these reforms as his own.

productivity.

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Dnarever Gold Member Offline Australian Politics Posts: 59384 Here Gender:	Re: Interest rate chestnut - voters are still stupid Reply #22 - Nov 6^th, 2012 at 10:07am Interest rate chestnut - voters are still stupid This from one of the bogans spreading the fear campaign right up to the 2007 election that interest rates would be out of control under Labor.
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Dsmithy70

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Re: Interest rate chestnut - voters are still stupid
Reply #23 - Nov 6^th, 2012 at 10:18am

progressiveslol wrote on Nov 6^th, 2012 at 9:31am:

Dsmithy70 wrote on Nov 6^th, 2012 at 8:35am:

progressiveslol wrote on Nov 5^th, 2012 at 8:08pm:

adelcrow wrote on Nov 5^th, 2012 at 7:58pm:

The Libs have been telling us for decades that low interest rates are a sign of a well managed economy..dont tell me they were lying Grin

You must not know much about how interest rates work if that BS statement of yours is how you actually think.

The liberals were able to use that line, because they were the best economic managers possibly ever in my lifetime.

The statement the liberals made is true, just does not cover a possible labor government poor management and the need to stimulate the economy.

Can you enliven me to the major structural reforms in the workplace & economy undertaken by the Liberals, Howard & Costello as I assume that who you speak of?
Other than the GST I can think of NONE.

All the heavy lifting was done by Labor & PJ Keating who still cops a caning from you economic illiterates.
It was his reforms that opened up our markets, stopped the Unions stranglehold on wages growth without increases to productivity & floated the $$.

All things recommended to Treasurer Howard by the report HE commissioned but was to gutless(read interested in self preservation) to enact.
However of course he was not to shy to accept the credit of these reforms as his own.

productivity.

Wow, how long did it take you to type that thesis out.

Productivity was increased by what LIBERAL policy

The whole economy grew at a rapid rate due to Keatings reforms so as a by product of those reforms & world economic growth productivity rose.

If you feel a specific Howard/Costello policy increased productivity even further then make an effort & at least name it.

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REBELLION is not what most people think it is.
REBELLION is when you turn off the TV & start educating & thinking for yourself.
Gavin Nascimento

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Dnarever

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Re: Interest rate chestnut - voters are still stupid
Reply #24 - Nov 6^th, 2012 at 11:55am

progressiveslol wrote on Nov 5^th, 2012 at 8:08pm:

adelcrow wrote on Nov 5^th, 2012 at 7:58pm:

The Libs have been telling us for decades that low interest rates are a sign of a well managed economy..dont tell me they were lying

You must not know much about how interest rates work if that BS statement of yours is how you actually think.

The liberals were able to use that line, because they were the best economic managers possibly ever in my lifetime.

The statement the liberals made is true, just does not cover a possible labor government poor management and the need to stimulate the economy.

The liberals were able to use that line, because they were the best economic managers possibly ever in my lifetime.

They were in power during the most benign economic times in our history. They were not poor managers but were never really tested either. Could clearly have done better.

The Liberals got low interest rates as a result of emergency reduction in the rate in the early 2000's following the introduction of the GST and a stalling economy. The reserve Bank reduced interest rates to stimulate a staggering economy.

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John Smith

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Re: Interest rate chestnut - voters are still stupid
Reply #25 - Nov 6^th, 2012 at 12:49pm

progressiveslol wrote on Nov 6^th, 2012 at 9:31am:

Dsmithy70 wrote on Nov 6^th, 2012 at 8:35am:

progressiveslol wrote on Nov 5^th, 2012 at 8:08pm:

adelcrow wrote on Nov 5^th, 2012 at 7:58pm:

The Libs have been telling us for decades that low interest rates are a sign of a well managed economy..dont tell me they were lying Grin

You must not know much about how interest rates work if that BS statement of yours is how you actually think.

The liberals were able to use that line, because they were the best economic managers possibly ever in my lifetime.

The statement the liberals made is true, just does not cover a possible labor government poor management and the need to stimulate the economy.

Can you enliven me to the major structural reforms in the workplace & economy undertaken by the Liberals, Howard & Costello as I assume that who you speak of?
Other than the GST I can think of NONE.

All the heavy lifting was done by Labor & PJ Keating who still cops a caning from you economic illiterates.
It was his reforms that opened up our markets, stopped the Unions stranglehold on wages growth without increases to productivity & floated the $$.

All things recommended to Treasurer Howard by the report HE commissioned but was to gutless(read interested in self preservation) to enact.
However of course he was not to shy to accept the credit of these reforms as his own.

productivity.

wow ... again your resourcefulness is astonishing ... how informative ... productivity?

what about it? You realise that it has been on a decline for well over a decade? and that it was only after the alp won government that they were able to stem the rate of decline?

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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

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Ex Dame Pansi Gold Member Offline Australian Politics Posts: 24168	Re: Interest rate chestnut - voters are still stupid Reply #26 - Nov 6^th, 2012 at 2:45pm Interest rates unchanged. Maybe the reserve bank don't want to panic us.
Back to top	"When the power of love overcomes the love of power, the world will know peace." Hendrix andrei said: Great isn't it? Seeing boatloads of what is nothing more than human garbage turn up..... IP Logged

polite_gandalf

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Re: Interest rate chestnut - voters are still stupid
Reply #27 - Nov 6^th, 2012 at 3:18pm

John Smith wrote on Nov 6^th, 2012 at 12:49pm:

[what about it? You realise that it has been on a decline for well over a decade? and that it was only after the alp won government that they were able to stem the rate of decline?

Indeed. The coalition government was happy to sit back and reap the rewards of the mining boom peak. Reducing spending and creating budget surpluses that they constantly boast about is just another way of saying they neglected necessary long term investment in things like skills and public infrastructure. So its quite laughable to say that Howard was responsible for increased productivity.

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A resident Islam critic who claims to represent western values said:
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Outlawing the enemy's uniform - hijab, islamic beard - is not depriving one's own people of their freedoms.

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warrigal Gold Member Offline Australian Politics Posts: 2569 australia Gender:	Re: Interest rate chestnut - voters are still stupid Reply #28 - Nov 6^th, 2012 at 3:20pm there protecting their arse against Global collapse in europe and america. When that happens again they will need as much as posiible from there interest rate, it might even have to go UP.
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adelcrow

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Re: Interest rate chestnut - voters are still stupid
Reply #29 - Nov 6^th, 2012 at 3:30pm

This has been going on for more than a hundred years so all the doomsayers should have a bex and a good lie down.
In shaky international times we keep the economy ticking along by dropping interest rates and increasing the national debt to use on projects to stop our economy from collapsing and when times improve internationally and the money starts flowing again we pay down the debt, increase interest rates and taxes and Bobs your uncle..things are hunky dory again.
No matter who is in power the cycle is always the same..or were the doomsayers all born yesterday?

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