Australian Politics Forum - The Abbott Austerity program.

Pantheon

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Re: The Abbott Austerity program.
Reply #180 - Sep 2^nd, 2013 at 11:44am

Austerity hurts but it works and is what you have to do when IRRESPONSIBLE governments spends more than it earns.

I think this is where the uneducated fail to understand Austerity, the only time you use Austerity is when you have hit the wall (in other words when poo hits the fan) Australia is far from hitting this wall and therefor normal cuts (to bloated sectors) and investments and incentives for business is needed to help us get back into surplus.

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After five years of financial crisis, the European record is in: Northern Europe is sound, thanks to austerity, while southern Europe is hurting because of half- hearted austerity or, worse, fiscal stimulus. The predominant Keynesian thinking has been tested, and it has failed spectacularly.

The starkest contrasts are Latvia and Greece, two small countries hit the worst by the crisis. They have pursued different policies, Latvia strict austerity, and Greece late and limited austerity. Latvia saw a sharp gross domestic product decline of 24 percent for two years, which was caused by an almost complete liquidity freeze in 2008. This necessitated the austerity that followed.

Yet Latvia’s economy grew by 5.5 percent in 2011, and in 2012 it probably expanded by 5.3 percent, the highest growth in Europe, with a budget deficit of only 1.5 percent of GDP. Meanwhile, Greece will suffer from at least seven meager years, having endured five years of recession already. So far, its GDP has fallen by 18 percent. In 2008 and 2009, the financial crisis actually looked far worse in Latvia than Greece, but then they chose opposite policies. The lessons are clear.

A successful stabilization program must appear financially sustainable so that it can restore confidence among creditors, businesses and people. Usually, a sound stabilization program can revive economic growth within two or three years, as Latvia’s did. A few rules of thumb need to be followed. Latvia did them all; Greece not at all.

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[b][center]Socialism had been tried on every continent on earth. In light of its results, it's time to question the motives of its advocates.

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Bobby.

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Re: The Abbott Austerity program.
Reply #181 - Sep 2^nd, 2013 at 11:46am

Austerity cuts for vision Australia -
proving that Longweekend is wrong.

August 18, 2013
Quote:

Blind workers and their supporters have rallied in central Melbourne against Vision Australia's plan to shut two workshops it runs in Melbourne and Brisbane.

The closures will cause almost 60 workers with no sight or low vision to lose their jobs.

Scores of people who are either blind or have low vision met at Federation Square on Sunday to protest against the decision taken by the charity this month.

Read more: http://www.theage.com.au/victoria/vision-australia-workshop-closure-sparks-melbourne-rally-20130818-2s4q5.html#ixzz2dhBt8Jwq

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longweekend58

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Re: The Abbott Austerity program.
Reply #182 - Sep 2^nd, 2013 at 11:55am

Bobby. wrote on Sep 2^nd, 2013 at 11:46am:

Austerity cuts for vision Australia -
proving that Longweekend is wrong.

August 18, 2013
Quote:

Blind workers and their supporters have rallied in central Melbourne against Vision Australia's plan to shut two workshops it runs in Melbourne and Brisbane.

The closures will cause almost 60 workers with no sight or low vision to lose their jobs.

Scores of people who are either blind or have low vision met at Federation Square on Sunday to protest against the decision taken by the charity this month.

Read more: http://www.theage.com.au/victoria/vision-australia-workshop-closure-sparks-melbourne-rally-20130818-2s4q5.html#ixzz2dhBt8Jwq

http://images.theage.com.au/2013/08/18/4671703/rw-Vision-wd2-2013081815564041952...

only a moron could consider a budget cut by a CHARITY to be 'proof' of cuts by a govt not yet elected.

you are one stupid bugger.

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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."

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Bobby. Gold Member Offline Australian Politics Posts: 107410 Melbourne Gender:	Re: The Abbott Austerity program. Reply #183 - Sep 2^nd, 2013 at 12:11pm Long_fool, you claimed that there had never been such protests before. You are wrong & I await your apology.
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longweekend58 Gold Member Offline Australian Politics Posts: 45675 Gender:	Re: The Abbott Austerity program. Reply #184 - Sep 2^nd, 2013 at 12:20pm Bobby. wrote on Sep 2^nd, 2013 at 12:11pm: Long_fool, you claimed that there had never been such protests before. You are wrong & I await your apology. ANTI-AUSTERITY RIOTS you uneducated imbecile! IT is not austerity to make budget cuts.
Back to top	AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..." IP Logged

Bobby.

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Re: The Abbott Austerity program.
Reply #185 - Sep 2^nd, 2013 at 12:38pm

longweekend58 wrote on Sep 2^nd, 2013 at 12:20pm:

Bobby. wrote on Sep 2^nd, 2013 at 12:11pm:

Long_fool,
you claimed that there had never been such protests before.

You are wrong & I await your apology.

ANTI-AUSTERITY RIOTS you uneducated imbecile! IT is not austerity to make budget cuts.

A budget cut is austerity you fool.

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longweekend58

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Re: The Abbott Austerity program.
Reply #186 - Sep 2^nd, 2013 at 12:46pm

Bobby. wrote on Sep 2^nd, 2013 at 12:38pm:

longweekend58 wrote on Sep 2^nd, 2013 at 12:20pm:

Bobby. wrote on Sep 2^nd, 2013 at 12:11pm:

Long_fool,
you claimed that there had never been such protests before.

You are wrong & I await your apology.

ANTI-AUSTERITY RIOTS you uneducated imbecile! IT is not austerity to make budget cuts.

A budget cut is austerity you fool.

no it isn't you twit. every budget since federation has contained cuts.

it is impossible to debate with someone who doesn't understand the nature and meaning of basic words.

drongo.

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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."

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Bobby. Gold Member Offline Australian Politics Posts: 107410 Melbourne Gender:	Re: The Abbott Austerity program. Reply #187 - Sep 2^nd, 2013 at 12:55pm Cutting budgets & sacking people is a perfect example of austerity practices. Longweekend would argue that black is white. He is a troll.
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Sir lastnail

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Re: The Abbott Austerity program.
Reply #188 - Sep 2^nd, 2013 at 12:58pm

Bobby. wrote on Sep 2^nd, 2013 at 12:55pm:

Cutting budgets & sacking people is a perfect example of austerity practices.

Longweekend would argue that black is white.

He is a troll.

he's also a classic hypocrite.

longloser says it's wrong for labor to borrow money and create deficits but it's ok for the rest of the nation to borrow much more and inflate an asset price bubble such as housing !!

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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

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Bobby.

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Re: The Abbott Austerity program.
Reply #189 - Sep 2^nd, 2013 at 1:01pm

Sir lastnail wrote on Sep 2^nd, 2013 at 12:58pm:

Bobby. wrote on Sep 2^nd, 2013 at 12:55pm:

Cutting budgets & sacking people is a perfect example of austerity practices.

Longweekend would argue that black is white.

He is a troll.

he's also a classic hypocrite.

longloser says it's wrong for labor to borrow money and create deficits but it's ok for the rest of the nation to borrow much more and inflate an asset price bubble such as housing !!

Correct Nail,
we are only feeding a troll by replying to his ridiculous posts.

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Swagman Gold Member Offline Beware of cheap imitations...... Posts: 15095 Illawarra NSW Gender:	Re: The Abbott Austerity program. Reply #190 - Sep 2^nd, 2013 at 1:06pm So you think it is responsible to consistently overspend? Do you do this at home?
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longweekend58 Gold Member Offline Australian Politics Posts: 45675 Gender:	Re: The Abbott Austerity program. Reply #191 - Sep 2^nd, 2013 at 1:10pm Bobby. wrote on Sep 2^nd, 2013 at 12:55pm: Cutting budgets & sacking people is a perfect example of austerity practices. Longweekend would argue that black is white. He is a troll. actually, you are the imbecile using black and white terminology.
Back to top	AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..." IP Logged

Fit of Absent Mindeness Gold Member Offline We need more fits of absent mindedness Posts: 1622 Brisbane Gender:	Re: The Abbott Austerity program. Reply #192 - Sep 2^nd, 2013 at 1:22pm It's not a secret - he wants to cut, cut and cut some more.
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aquascoot

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Re: The Abbott Austerity program.
Reply #193 - Sep 2^nd, 2013 at 1:25pm

Fit of Absent Mindeness wrote on Sep 2^nd, 2013 at 1:22pm:

It's not a secret - he wants to cut, cut and cut some more.

great stuff, employing public servants is always bad for emplyment. they are paid for by taxes on business.
business can and will take up the slack and employ people in REAL jobs if canberra stop riding their asses.

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Kat

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Socialism IS the answer.

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Re: The Abbott Austerity program.
Reply #194 - Sep 2^nd, 2013 at 1:55pm

longweekend58 wrote on Sep 2^nd, 2013 at 12:20pm:

Bobby. wrote on Sep 2^nd, 2013 at 12:11pm:

Long_fool,
you claimed that there had never been such protests before.

You are wrong & I await your apology.

ANTI-AUSTERITY RIOTS you uneducated imbecile! IT is not austerity to make budget cuts.

It most certainly is, if the cuts are unwarranted.

As Abbott's are.

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Poll
Question: Does Tony Abbott have a secret austerity program?
yes 29 (72.5%) no 10 (25.0%) not sure 1 (2.5%) Total votes: 40 « Created by: Bobby. on: Jul 3^rd, 2013 at 11:18am »