Australian Politics Forum - AAA rating partly attributed to low public debt.

MOTR

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Australian Politics

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Re: AAA rating partly attributed to low public debt.
Reply #15 - Mar 30^th, 2013 at 9:41am

Maqqa wrote on Mar 30^th, 2013 at 9:31am:

MOTR wrote on Mar 29^th, 2013 at 8:02pm:

Like I've been consistently saying, our public debt levels have been grossly exaggerated.

By how much?

80% of GDP is a common benchmark. However, I certainly wouldn't want to even approach the zone where we are susceptible to self reinforcing cycles.

We have three AAA ratings because we are miles away from this point.

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Maqqa

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14% - that low?!

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Re: AAA rating partly attributed to low public debt.
Reply #16 - Mar 30^th, 2013 at 9:44am

MOTR wrote on Mar 30^th, 2013 at 9:41am:

Maqqa wrote on Mar 30^th, 2013 at 9:31am:

MOTR wrote on Mar 29^th, 2013 at 8:02pm:

Like I've been consistently saying, our public debt levels have been grossly exaggerated.

By how much?

80% of GDP is a common benchmark. However, I certainly wouldn't want to even approach the zone where we are susceptible to self reinforcing cycles.

We have three AAA ratings because we are miles away from this point.

You made a statement that public debt is grossly exaggerated

You won't give the numbers in real term but now you are saying it's been exaggerated by 80%

So you are accusing who of exaggerating the public debt level by 80%?

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Bill 14% is not the alcohol content of that wine. It's your poll number

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MOTR

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Re: AAA rating partly attributed to low public debt.
Reply #17 - Mar 30^th, 2013 at 9:47am

Maqqa wrote on Mar 30^th, 2013 at 9:44am:

MOTR wrote on Mar 30^th, 2013 at 9:41am:

Maqqa wrote on Mar 30^th, 2013 at 9:31am:

MOTR wrote on Mar 29^th, 2013 at 8:02pm:

Like I've been consistently saying, our public debt levels have been grossly exaggerated.

By how much?

80% of GDP is a common benchmark. However, I certainly wouldn't want to even approach the zone where we are susceptible to self reinforcing cycles.

We have three AAA ratings because we are miles away from this point.

You made a statement that public debt is grossly exaggerated

You won't give the numbers in real term but now you are saying it's been exaggerated by 80%

So you are accusing who of exaggerating the public debt level by 80%?

Are your comprehension skills really that poor, Maqqa.

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Hunt says Coalition accepts IPCC findings

"What does this mean? It means that we need to do practical things that actually reduce emissions."

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MOTR Gold Member Offline Australian Politics Posts: 6646	Re: AAA rating partly attributed to low public debt. Reply #18 - Mar 30^th, 2013 at 9:49am What measure do you use to identify a debt problem?
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Maqqa

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14% - that low?!

Posts: 16000

Re: AAA rating partly attributed to low public debt.
Reply #19 - Mar 30^th, 2013 at 9:52am

MOTR wrote on Mar 30^th, 2013 at 9:47am:

Maqqa wrote on Mar 30^th, 2013 at 9:44am:

MOTR wrote on Mar 30^th, 2013 at 9:41am:

Maqqa wrote on Mar 30^th, 2013 at 9:31am:

MOTR wrote on Mar 29^th, 2013 at 8:02pm:

Like I've been consistently saying, our public debt levels have been grossly exaggerated.

By how much?

80% of GDP is a common benchmark. However, I certainly wouldn't want to even approach the zone where we are susceptible to self reinforcing cycles.

We have three AAA ratings because we are miles away from this point.

You made a statement that public debt is grossly exaggerated

You won't give the numbers in real term but now you are saying it's been exaggerated by 80%

So you are accusing who of exaggerating the public debt level by 80%?

Are your comprehension skills really that poor, Maqqa.

You said public debt was exaggerated

By how much?

For example:

If the debt level was $300B and people are reporting it as $600B then the debt levels have been exaggerated by 100%

So based on this - your assertion is debt levels' been exaggerated by 80% ie you are claiming that people are saying the current debt level is $540B

Show me proof where this exaggeration is reported

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Bill 14% is not the alcohol content of that wine. It's your poll number

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MOTR Gold Member Offline Australian Politics Posts: 6646	Re: AAA rating partly attributed to low public debt. Reply #20 - Mar 30^th, 2013 at 9:54am Don't be obtuse, Maqqa.
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Bobby. Gold Member Offline Australian Politics Posts: 105219 Melbourne Gender:	Re: AAA rating partly attributed to low public debt. Reply #21 - Mar 30^th, 2013 at 9:58am Great graph. I don't want Australia to end up on the same path as the other countries.
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MOTR Gold Member Offline Australian Politics Posts: 6646	Re: AAA rating partly attributed to low public debt. Reply #22 - Mar 30^th, 2013 at 10:02am Neither do I, bobby. But that's not a real threat at the moment.
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adelcrow Gold Member Offline Australian Politics Posts: 20133 everywhere Gender:	Re: AAA rating partly attributed to low public debt. Reply #23 - Mar 30^th, 2013 at 10:09am Its a far cry from the record taxation and personal debt levels of pre 2007 under Howard and who can forget the interest rate increases during Howards last election campaign
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Maqqa Gold Member Offline 14% - that low?! Posts: 16000	Re: AAA rating partly attributed to low public debt. Reply #24 - Mar 30^th, 2013 at 12:10pm adelcrow wrote on Mar 30^th, 2013 at 10:09am: Its a far cry from the record taxation and personal debt levels of pre 2007 under Howard and who can forget the interest rate increases during Howards last election campaign adel does not understand the GFC so has no clue about economics move on
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Maqqa

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14% - that low?!

Posts: 16000

Re: AAA rating partly attributed to low public debt.
Reply #25 - Mar 30^th, 2013 at 12:11pm

Maqqa wrote on Mar 30^th, 2013 at 9:52am:

MOTR wrote on Mar 30^th, 2013 at 9:47am:

Maqqa wrote on Mar 30^th, 2013 at 9:44am:

MOTR wrote on Mar 30^th, 2013 at 9:41am:

Maqqa wrote on Mar 30^th, 2013 at 9:31am:

MOTR wrote on Mar 29^th, 2013 at 8:02pm:

Like I've been consistently saying, our public debt levels have been grossly exaggerated.

By how much?

80% of GDP is a common benchmark. However, I certainly wouldn't want to even approach the zone where we are susceptible to self reinforcing cycles.

We have three AAA ratings because we are miles away from this point.

You made a statement that public debt is grossly exaggerated

You won't give the numbers in real term but now you are saying it's been exaggerated by 80%

So you are accusing who of exaggerating the public debt level by 80%?

Are your comprehension skills really that poor, Maqqa.

You said public debt was exaggerated

By how much?

For example:

If the debt level was $300B and people are reporting it as $600B then the debt levels have been exaggerated by 100%

So based on this - your assertion is debt levels' been exaggerated by 80% ie you are claiming that people are saying the current debt level is $540B

Show me proof where this exaggeration is reported

bump for MOTR

you made a claim the debt level is exaggerated

show us where this exaggerated debt level you are harping on about

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Bill 14% is not the alcohol content of that wine. It's your poll number

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namnugenot

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Australian Politics

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NSW
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Re: AAA rating partly attributed to low public debt.
Reply #26 - Mar 30^th, 2013 at 12:25pm

MOTR wrote on Mar 30^th, 2013 at 9:47am:

Maqqa wrote on Mar 30^th, 2013 at 9:44am:

MOTR wrote on Mar 30^th, 2013 at 9:41am:

Maqqa wrote on Mar 30^th, 2013 at 9:31am:

MOTR wrote on Mar 29^th, 2013 at 8:02pm:

Like I've been consistently saying, our public debt levels have been grossly exaggerated.

By how much?

80% of GDP is a common benchmark. However, I certainly wouldn't want to even approach the zone where we are susceptible to self reinforcing cycles.

We have three AAA ratings because we are miles away from this point.

You made a statement that public debt is grossly exaggerated

You won't give the numbers in real term but now you are saying it's been exaggerated by 80%

So you are accusing who of exaggerating the public debt level by 80%?

Are your comprehension skills really that poor, Maqqa.

http://www.abc.net.au/news/linkableblob/3727694/data/possum-graph-8-government-d...

And to the graph cave....

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MOTR Gold Member Offline Australian Politics Posts: 6646	Re: AAA rating partly attributed to low public debt. Reply #27 - Mar 30^th, 2013 at 12:33pm Entirely manageable. What's your point, nam.
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namnugenot Gold Member Offline Australian Politics Posts: 639 NSW Gender:	Re: AAA rating partly attributed to low public debt. Reply #28 - Mar 30^th, 2013 at 12:39pm So Motr how quickly do you think we will have a problem given the rate of increase of debt we have had under Rudd and Gillard? And yes you do hate kids and old people and are quite happy to see them freeze and go hungry...as long as you get to keep your dogma.
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MOTR Gold Member Offline Australian Politics Posts: 6646	Re: AAA rating partly attributed to low public debt. Reply #29 - Mar 30^th, 2013 at 12:39pm You live in a world if hyperbole, nam. Net interest payments as a percentage of GDP are well in hand. As long as low income earners are adequately compensated for the regressive nature of a carbon tax, who is going cold and hungry. Now, on what grounds do you believe we have a debt problem.
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