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$19B deficit?....add another $8B to it pls (Read 9624 times)
chicken_lipsforme
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Re: $19B deficit?....add another $8B to it pls
Reply #45 - Jul 27th, 2013 at 5:51pm
 
Dnarever wrote on Jul 27th, 2013 at 5:45pm:
chicken_lipsforme wrote on Jul 27th, 2013 at 5:37pm:
adelcrow wrote on Jul 27th, 2013 at 8:16am:
John Smith wrote on Jul 27th, 2013 at 8:12am:
so Abbott will have no problem debating the issue with Rudd then?

He can share his opinions and the benefit of his knowledge.



An economic genius like Tony Abbott shouldn't be afraid of debating a little nerd like Kevin O'Heaven..
Sssoooo..why is Abbott afraid of a debate on the economy?


He's not afraid of having a debate with KRudd.
But you cant expect Abbott to waste his time doing so before KRudd has even announced the date of the election.
Debates are always held after an election has been announced.
Never before.
Why has the government gone into election mode before it's been announced?
What happened to 'a time for governing, and a time for electioneering'.
Abbott has better things to do than fit into KRudd's schedule, he's too busy holding Rudd to account for his crap policies for starters.
Why does Labor keep putting the cart before the horse.


Quote:
THE election date may be in limbo but the Liberal Party's campaign is officially under way.


http://www.theaustralian.com.au/national-affairs/election-2013/abbott-and-howard...

Hoist by your own petard


What a lovely story, Abbotts running his own race and not working to KRudd's schedule.
Either way, no election datee, no debatee as the chinaman said.
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"Another boat, another policy failure from the Howard government"

Julia Gillard
Shadow Health Minister
2003.
 
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longweekend58
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Re: $19B deficit?....add another $8B to it pls
Reply #46 - Jul 27th, 2013 at 6:29pm
 
Dnarever wrote on Jul 27th, 2013 at 4:52pm:
longweekend58 wrote on Jul 27th, 2013 at 4:24pm:
rabbitoh07 wrote on Jul 27th, 2013 at 4:19pm:
matty wrote on Jul 27th, 2013 at 12:09am:
People need to realise that only the Coalition can effectively manage economy. Which party was it that repayed the $96 billion of debt they inherited, and left their successors with a surplus of $22 billion, which would then only be wasted on failed schemes like the BER and home insulation disaster?

You mean the party that repayed the $96 billion of debt they inherited - $40billion of which was debt John Howard racked up as Treasurer.

The Party that then went on to be the most wasteful this country has ever seen:

Australia's most needlessly wasteful spending took place under the John Howard-led Coalition government rather than under the Whitlam, Rudd or Gillard Labor governments, an international study has found...

The International Monetary Fund examined 200 years of government financial records across 55 leading economies.
It identifies only two periods of Australian "fiscal profligacy" in recent years, both during John Howard's term in office - in 2003 at the start of the mining boom and during his final years in office between 2005 and 2007.


http://www.smh.com.au/federal-politics/political-news/hey-big-spender-howard-the...

The Party that pissed the profits of the mining boom up against the wall with illegal wars, middle-class welfare and baby bonuses - but failed to provide necessary services and infrastructure.  No NBN.  No NDIS.  No carbon pricing.  Nothing.  Just waste.


You think this is better than the Party that left Australia with one of the lowest levels of debt in the developed world after the greatest global economic downturn since the Great Depression. 

ANd BTW:  what exactly was wrong with the BEF and the home insulation programmes?  Both were very successful.  Have you been believing what Alan Jones tells you again!!


$9B actually.

and anyhow, Howard inherited $250B from keating which he paid off.


Quote:
surplus of $22 billion


Quote:
Howard inherited $250B from Keating


Matty turns $14 B into $22 B and LW turns $96B into $250 B The Liberal surplus has consistently got bigger with every historical re write and the Labor Debt has also grown retrospectively???

You can see why these guys blindly support the dishonest Abbott.



it's easy DNA... when you and your other fools show me the evidence that Howard let $40B in debt in 1983, I will show you how Keating left $250B in debt that John Howard paid off.

fair deal?
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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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longweekend58
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Re: $19B deficit?....add another $8B to it pls
Reply #47 - Jul 27th, 2013 at 6:31pm
 
Dnarever wrote on Jul 27th, 2013 at 5:02pm:
longweekend58 wrote on Jul 27th, 2013 at 2:50pm:
Dnarever wrote on Jul 27th, 2013 at 10:52am:
What do we thing that dropping revenue will do to projected targets ??

And what do we think the budget impact will be from The Liberals over $100 Billion of unfunded spending before considering their unfunded plan to build multiple cities in the far north is considered all occurring with a dwindling income base?


abbott abbott abbott

it's all you ever talk about and is the reason he will be the next PM - because labor is so stupid all they do is talk about

abbott abbott abbott....


You have no answer in other words - well actually you just don't like the answer. I fixed your complaint so can you now have a go at it.

You see what I am saying is very relevant to the topic.

You see we have a negative budget position because of dwindling income with an outcome less than expected, It is not difficult to see what over $100 B of unfunded spending will do to this bottom line in the current situation.

The reason that this is valid to the topic is fairly obvious as the complaint is inferring Labors poor economic credentials and it is easily shown that the alternative is dramatically worse.

Deflecting by saying Abbott abbott abbott is stupid when we have had years of you guys saying Jukiar Juliar Juliar , Crud Crud Crud / Dud Dud Dud etc, carbon tax carbon tax carbon tax.



are you dumb or just drunk?  For the same reason it is unfair and stupid to blame Abbott for everything (because he is not in power), it is fair to blame Rudd and Gillard - because they ARE in power.

seriously.  think before you post.
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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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longweekend58
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Re: $19B deficit?....add another $8B to it pls
Reply #48 - Jul 27th, 2013 at 6:34pm
 
rabbitoh07 wrote on Jul 27th, 2013 at 5:12pm:
longweekend58 wrote on Jul 27th, 2013 at 4:24pm:
rabbitoh07 wrote on Jul 27th, 2013 at 4:19pm:
matty wrote on Jul 27th, 2013 at 12:09am:
People need to realise that only the Coalition can effectively manage economy. Which party was it that repayed the $96 billion of debt they inherited, and left their successors with a surplus of $22 billion, which would then only be wasted on failed schemes like the BER and home insulation disaster?

You mean the party that repayed the $96 billion of debt they inherited - $40billion of which was debt John Howard racked up as Treasurer.

The Party that then went on to be the most wasteful this country has ever seen:

Australia's most needlessly wasteful spending took place under the John Howard-led Coalition government rather than under the Whitlam, Rudd or Gillard Labor governments, an international study has found...

The International Monetary Fund examined 200 years of government financial records across 55 leading economies.
It identifies only two periods of Australian "fiscal profligacy" in recent years, both during John Howard's term in office - in 2003 at the start of the mining boom and during his final years in office between 2005 and 2007.


http://www.smh.com.au/federal-politics/political-news/hey-big-spender-howard-the...

The Party that pissed the profits of the mining boom up against the wall with illegal wars, middle-class welfare and baby bonuses - but failed to provide necessary services and infrastructure.  No NBN.  No NDIS.  No carbon pricing.  Nothing.  Just waste.


You think this is better than the Party that left Australia with one of the lowest levels of debt in the developed world after the greatest global economic downturn since the Great Depression. 

ANd BTW:  what exactly was wrong with the BEF and the home insulation programmes?  Both were very successful.  Have you been believing what Alan Jones tells you again!!


$9B actually.

and anyhow, Howard inherited $250B from keating which he paid off.

Wow!!!  You do denial so well!!

You could deny for Australia!!!

When John Howard was Treasurer, net Government debt rose at a steady pace, hitting 7.5% of GDP when Fraser lost the 1983 election.  In 1996 dollar terms, 7.5% of GDP is around $40 billion which is in fact the real level of net government debt “inherited” by the Hawke Government when it won the 1983 election.
http://www.marketeconomics.com.au/2024-labor-or-liberal-government-debt



not even close to proof.  that's a kouk BLOG site.  you know.. the former Gillard staffer???

treasury accounts however, have this figure at $9B.  When I look at my mortgage statements from years gone by, I don't readjust them according to GDP, inflation or the position of the stars. the dollars are what I borrowed and the dollars are what I repay. Kouk is a moron and you are a bigger one for believing him.
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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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scope
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Re: $19B deficit?....add another $8B to it pls
Reply #49 - Jul 27th, 2013 at 6:45pm
 
not even close to proof.  that's a kouk BLOG site.  you know.. the former Gillard staffer???

treasury accounts however, have this figure at $9B.  When I look at my mortgage statements from years gone by, I don't readjust them according to GDP, inflation or the position of the stars. the dollars are what I borrowed and the dollars are what I repay. Kouk is a moron and you are a bigger one for believing him. [/quote]

Plus interest !!
But you continually ignore this when quoting the 9B left from Howard.
We've been through this before and you twisted and turned every which way to try and deny that interest was still accruing on the 9B you even contradicted yourself twice in the same thread.
When you saw you where losing this argument you did the usual , called me an idiot and didn't return to the thread and even now you still continue to tell the same lie.
Keep burying your head in the sand LW.
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perceptions_now
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Re: $19B deficit?....add another $8B to it pls
Reply #50 - Jul 27th, 2013 at 6:47pm
 
longweekend58 wrote on Jul 27th, 2013 at 3:55pm:
perceptions_now wrote on Jul 27th, 2013 at 3:28pm:
longweekend58 wrote on Jul 27th, 2013 at 2:48pm:
cods wrote on Jul 27th, 2013 at 7:59am:
perceptions_now wrote on Jul 26th, 2013 at 11:27pm:
Maqqa wrote on Jul 26th, 2013 at 10:51pm:
http://au.news.yahoo.com/latest/a/-/latest/18164803/labor-razor-gang-faces-dilem...

The Federal Government is facing a budget dilemma,
with the ABC learning revenues are around $8 billion lower than the May budget predicted.

The Government's razor gang met this morning to debate whether to implement painful budget cuts before the election or delay the return to surplus, currently scheduled for 2016-17.

The budget is in a tough position with the mining tax underperforming and revenue from other taxes also lower than expected.

Treasurer Chris Bowen today said Australia was also facing "dramatic reductions" in its terms of trade, but reaffirmed the intention to return to surplus on schedule.

The Government has got decisions to make on any potential cuts, but insiders insist the easy cuts have all already been made.

One Labor source questioned whether the Government should cause budget pain for the public at a time when Labor is just starting to perform better in the polls.

The Government will release its fiscal update next week, and Treasury will release its own accounting, the pre-election fiscal outlook (PEFO), early in the election campaign.

Earlier Friday, Opposition treasury spokesman Joe Hockey questioned the motives for the release of the Government's fiscal update so close to the PEFO.

"Why is the Government releasing a comprehensive economic statement just a few days before the pre-election fiscal outlook? It is about trying to bully the Treasury into a fixed set of numbers," he said.

Mr Hockey questioned the independence of Treasury by saying the Coalition would not rely on its figures to frame its policy costings because they could not be trusted.

That was despite earlier in the year saying "the only numbers than we can rely on are the PEFO numbers released by the heads of department during the course of the election campaign".

Mr Hockey now says every time the Government publishes budget figures they are "dead-set wrong".

He says the Coalition will instead base its policy costings on figures from the Parliamentary Budget Office, state Coalition governments and independent advisers.

The Treasurer has rejected Mr Hockey's assertions about Treasury's independence.

"It is an insult not to me but to the Treasury and the Department of Finance, and I am sick and tired of the Opposition trashing the reputation of Australia's public servants," Mr Bowen said.

Opposition Leader Tony Abbott has backed his treasury spokesman.

"Joe was making the point that figures from this Government have never turned out to be true; never, never, never starting from their very first budget."


No sh!t Sherlock!

Pity is, that you, the Liberals & Labor, NONE OF YOU HAVE AY IDEA OF THE CAUSE, LET ALONE WHAT YOU SHOULD HAVE DONE OVER THE LAST 40-50 YEARS, NOR WHAT YOU SHOULD DO OVER THE NEXT 40-50 YEARS!!!   





hey perc?.... has your life worked out exactly as you planned it 40/50 years ago?????..

I am not sure how anyone plans for "earthquakes".that may or may not happen in their lives.. but you must have done.


you will also not that Prozac_now never comes up with any solutions - just criticism.  He hates debt and hates spending cuts.  he seems to want it both ways while blaming everyone for everything.

clearly his medication is not working,


You assume too much, as usual! A solution, for everything, there is NOT!

As usual, you statements do not reflect the truth! I have no problem with Debt, Spending Cuts or Economic Stimulation measures, in the appropriate circumstances, of which there have been many, over the years, BUT NONE OF THEM WILL WORK NOW, FOR THE SHORT TO MEDIUM TERM, as the entire system has been destabilised over the last 40-50 years!


so in short, you are saying that you have no answers or solutions.  WHICH WAS EXACTLY WHAT I SAID, oh depressed one.


As usual, your statement is incorrect!

You said that, I never comes up with any solutions.

What I  said is that, there is not necessarily a solution for everything & in this instance there is no solution, which would restore the "status quo", in either the short or medium term and certainly not without a great deal of shared pain for all! 


Btw, which of the following options, per my following post, do you think primarily fit you OR is it simply all of them?

They ("those in the know OR thought they did") thought -
1) Like Longy, it had not happened before, so it never would!
2) "Something", like the cavalry riding to the rescue, would come along to save this from becoming a reality?
3) Then there were those who deliberately turned the other way, preferring short term rewards for themselves and a select few, at great cost to the long term future of the bulk of the Local & Global  Public!

http://www.ozpolitic.com/forum/YaBB.pl?num=1374843119/16#16
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longweekend58
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Re: $19B deficit?....add another $8B to it pls
Reply #51 - Jul 27th, 2013 at 6:54pm
 
scope wrote on Jul 27th, 2013 at 6:45pm:
not even close to proof.  that's a kouk BLOG site.  you know.. the former Gillard staffer???

treasury accounts however, have this figure at $9B.  When I look at my mortgage statements from years gone by, I don't readjust them according to GDP, inflation or the position of the stars. the dollars are what I borrowed and the dollars are what I repay. Kouk is a moron and you are a bigger one for believing him.


Plus interest !!
But you continually ignore this when quoting the 9B left from Howard.
We've been through this before and you twisted and turned every which way to try and deny that interest was still accruing on the 9B you even contradicted yourself twice in the same thread.
When you saw you where losing this argument you did the usual , called me an idiot and didn't return to the thread and even now you still continue to tell the same lie.
Keep burying your head in the sand LW.
[/quote]

'plus interest' is an argument that applies to both labor and liberal debt.  You cant have one and ignore the other.  if Howard had not paid off the debt and it was still $96B in 2007 do you think you would still be trying on this well-worn and discredited argument?  Do you think the interest on Howards $9B over 24 years would somehow exceed that of Keatings $87B over 11 years???

if you want to add interest to the argument then fine.  also add inflation adjustment if you want.  but do it from 1983 thru to 2005 when the debt was finally paid off and see which side of politics has the lions share of debt.
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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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perceptions_now
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Re: $19B deficit?....add another $8B to it pls
Reply #52 - Jul 27th, 2013 at 6:56pm
 
Maqqa wrote on Jul 27th, 2013 at 3:31pm:
It's interesting when bad things happen - perception will blame the LibLab

But perception offers no alternative party that will win the required 70+ seats to form government

When pressed further - it is clear perception is a Labor voter


As usual Maqqa, you are incorrect!

On voting record I said many times, I have voted Liberal, Labor & candle stick maker, depending on the circumstances.

As for recommending an alternative, Why would I offer any Political Party, in the current circumstances, as NONE ARE CAPABLE OF FIXING THAT WHICH TOOK LABOR & THE LIBERALS SOME 40-50 YEARS OF STUPIDITY & GREED!

And yes, I largely blame the Lib/Labs, their short-termism, their dis-regard of reality & their cow-tailing to vested interests!
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longweekend58
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Re: $19B deficit?....add another $8B to it pls
Reply #53 - Jul 27th, 2013 at 6:58pm
 
perceptions_now wrote on Jul 27th, 2013 at 6:47pm:
longweekend58 wrote on Jul 27th, 2013 at 3:55pm:
perceptions_now wrote on Jul 27th, 2013 at 3:28pm:
longweekend58 wrote on Jul 27th, 2013 at 2:48pm:
cods wrote on Jul 27th, 2013 at 7:59am:
[quote author=perceptions_now link=1374843119/1#1 date=1374845269][quote author=Maqqa link=1374843119/0#0 date=1374843119]http://au.news.yahoo.com/latest/a/-/latest/18164803/labor-razor-gang-faces-dilem...

The Federal Government is facing a budget dilemma,
with the ABC learning revenues are around $8 billion lower than the May budget predicted.

The Government's razor gang met this morning to debate whether to implement painful budget cuts before the election or delay the return to surplus, currently scheduled for 2016-17.

The budget is in a tough position with the mining tax underperforming and revenue from other taxes also lower than expected.

Treasurer Chris Bowen today said Australia was also facing "dramatic reductions" in its terms of trade, but reaffirmed the intention to return to surplus on schedule.

The Government has got decisions to make on any potential cuts, but insiders insist the easy cuts have all already been made.

One Labor source questioned whether the Government should cause budget pain for the public at a time when Labor is just starting to perform better in the polls.

The Government will release its fiscal update next week, and Treasury will release its own accounting, the pre-election fiscal outlook (PEFO), early in the election campaign.

Earlier Friday, Opposition treasury spokesman Joe Hockey questioned the motives for the release of the Government's fiscal update so close to the PEFO.

"Why is the Government releasing a comprehensive economic statement just a few days before the pre-election fiscal outlook? It is about trying to bully the Treasury into a fixed set of numbers," he said.

Mr Hockey questioned the independence of Treasury by saying the Coalition would not rely on its figures to frame its policy costings because they could not be trusted.

That was despite earlier in the year saying "the only numbers than we can rely on are the PEFO numbers released by the heads of department during the course of the election campaign".




hey perc?.... has your life worked out exactly as you planned it 40/50 years ago?????..

I am not sure how anyone plans for "earthquakes".that may or may not happen in their lives.. but you must have done.


you will also not that Prozac_now never comes up with any solutions - just criticism.  He hates debt and hates spending cuts.  he seems to want it both ways while blaming everyone for everything.

clearly his medication is not working,


You assume too much, as usual! A solution, for everything, there is NOT!

As usual, you statements do not reflect the truth! I have no problem with Debt, Spending Cuts or Economic Stimulation measures, in the appropriate circumstances, of which there have been many, over the years, BUT NONE OF THEM WILL WORK NOW, FOR THE SHORT TO MEDIUM TERM, as the entire system has been destabilised over the last 40-50 years!


so in short, you are saying that you have no answers or solutions.  WHICH WAS EXACTLY WHAT I SAID, oh depressed one.


As usual, your statement is incorrect!

You said that, I never comes up with any solutions.

What I  said is that, there is not necessarily a solution for everything & in this instance there is no solution, which would restore the "status quo", in either the short or medium term and certainly not without a great deal of shared pain for all! 


Btw, which of the following options, per my following post, do you think primarily fit you OR is it simply all of them?

They ("those in the know OR thought they did") thought -
1) Like Longy, it had not happened before, so it never would!
2) "Something", like the cavalry riding to the rescue, would come along to save this from becoming a reality?
3) Then there were those who deliberately turned the other way, preferring short term rewards for themselves and a select few, at great cost to the long term future of the bulk of the Local & Global  Public!

http://www.ozpolitic.com/forum/YaBB.pl?num=1374843119/16#16


you certainly are a weirdo, Prozac_now.  I say you have never provided solutions and your protesting reply includes... NOT ONE SOLUTION.  has it ever occurred to you that you could skewer  my comments by simply providing those self-same solutions?

you talk and talk ad nauseum, criticising anyone and everyone for their economic policies and promises and yet not once, do you ever offer an alternative.  That's lame enough on its own but when you say that you HAVE but never post them... you look like a weirdo.
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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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scope
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Re: $19B deficit?....add another $8B to it pls
Reply #54 - Jul 27th, 2013 at 7:10pm
 
longweekend58 wrote on Jul 27th, 2013 at 6:54pm:
scope wrote on Jul 27th, 2013 at 6:45pm:
not even close to proof.  that's a kouk BLOG site.  you know.. the former Gillard staffer???

treasury accounts however, have this figure at $9B.  When I look at my mortgage statements from years gone by, I don't readjust them according to GDP, inflation or the position of the stars. the dollars are what I borrowed and the dollars are what I repay. Kouk is a moron and you are a bigger one for believing him.


Plus interest !!
But you continually ignore this when quoting the 9B left from Howard.
We've been through this before and you twisted and turned every which way to try and deny that interest was still accruing on the 9B you even contradicted yourself twice in the same thread.
When you saw you where losing this argument you did the usual , called me an idiot and didn't return to the thread and even now you still continue to tell the same lie.
Keep burying your head in the sand LW.


'plus interest' is an argument that applies to both labor and liberal debt.  You cant have one and ignore the other.  if Howard had not paid off the debt and it was still $96B in 2007 do you think you would still be trying on this well-worn and discredited argument?  Do you think the interest on Howards $9B over 24 years would somehow exceed that of Keatings $87B over 11 years???

if you want to add interest to the argument then fine.  also add inflation adjustment if you want.  but do it from 1983 thru to 2005 when the debt was finally paid off and see which side of politics has the lions share of debt. [/quote]

We have been over this already or have you forgotten?
I have never claimed that there was no interest on Labors debt, that is just you trying to twist this so you don't have to admit that there was interest accrued on Howards $9b.

It's not about who had the most debt it's about YOU continually lying and claiming only $9B of the $96B of Debt was Howards debt  and refusing to coincide that by the time all debt was re payed Howards $9B was in fact much more.

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perceptions_now
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Re: $19B deficit?....add another $8B to it pls
Reply #55 - Jul 27th, 2013 at 7:13pm
 
longweekend58 wrote on Jul 27th, 2013 at 6:58pm:
perceptions_now wrote on Jul 27th, 2013 at 6:47pm:
longweekend58 wrote on Jul 27th, 2013 at 3:55pm:
perceptions_now wrote on Jul 27th, 2013 at 3:28pm:
longweekend58 wrote on Jul 27th, 2013 at 2:48pm:
cods wrote on Jul 27th, 2013 at 7:59am:
[quote author=perceptions_now link=1374843119/1#1 date=1374845269][quote author=Maqqa link=1374843119/0#0 date=1374843119]http://au.news.yahoo.com/latest/a/-/latest/18164803/labor-razor-gang-faces-dilem...

The Federal Government is facing a budget dilemma,
with the ABC learning revenues are around $8 billion lower than the May budget predicted.

The Government's razor gang met this morning to debate whether to implement painful budget cuts before the election or delay the return to surplus, currently scheduled for 2016-17.

The budget is in a tough position with the mining tax underperforming and revenue from other taxes also lower than expected.

Treasurer Chris Bowen today said Australia was also facing "dramatic reductions" in its terms of trade, but reaffirmed the intention to return to surplus on schedule.

The Government has got decisions to make on any potential cuts, but insiders insist the easy cuts have all already been made.

One Labor source questioned whether the Government should cause budget pain for the public at a time when Labor is just starting to perform better in the polls.

The Government will release its fiscal update next week, and Treasury will release its own accounting, the pre-election fiscal outlook (PEFO), early in the election campaign.

Earlier Friday, Opposition treasury spokesman Joe Hockey questioned the motives for the release of the Government's fiscal update so close to the PEFO.

"Why is the Government releasing a comprehensive economic statement just a few days before the pre-election fiscal outlook? It is about trying to bully the Treasury into a fixed set of numbers," he said.

Mr Hockey questioned the independence of Treasury by saying the Coalition would not rely on its figures to frame its policy costings because they could not be trusted.

That was despite earlier in the year saying "the only numbers than we can rely on are the PEFO numbers released by the heads of department during the course of the election campaign".




hey perc?.... has your life worked out exactly as you planned it 40/50 years ago?????..

I am not sure how anyone plans for "earthquakes".that may or may not happen in their lives.. but you must have done.


you will also not that Prozac_now never comes up with any solutions - just criticism.  He hates debt and hates spending cuts.  he seems to want it both ways while blaming everyone for everything.

clearly his medication is not working,


You assume too much, as usual! A solution, for everything, there is NOT!

As usual, you statements do not reflect the truth! I have no problem with Debt, Spending Cuts or Economic Stimulation measures, in the appropriate circumstances, of which there have been many, over the years, BUT NONE OF THEM WILL WORK NOW, FOR THE SHORT TO MEDIUM TERM, as the entire system has been destabilised over the last 40-50 years!


so in short, you are saying that you have no answers or solutions.  WHICH WAS EXACTLY WHAT I SAID, oh depressed one.


As usual, your statement is incorrect!

You said that, I never comes up with any solutions.

What I  said is that, there is not necessarily a solution for everything & in this instance there is no solution, which would restore the "status quo", in either the short or medium term and certainly not without a great deal of shared pain for all! 


Btw, which of the following options, per my following post, do you think primarily fit you OR is it simply all of them?

They ("those in the know OR thought they did") thought -
1) Like Longy, it had not happened before, so it never would!
2) "Something", like the cavalry riding to the rescue, would come along to save this from becoming a reality?
3) Then there were those who deliberately turned the other way, preferring short term rewards for themselves and a select few, at great cost to the long term future of the bulk of the Local & Global  Public!

http://www.ozpolitic.com/forum/YaBB.pl?num=1374843119/16#16


you certainly are a weirdo, Prozac_now.  I say you have never provided solutions and your protesting reply includes... NOT ONE SOLUTION.  has it ever occurred to you that you could skewer  my comments by simply providing those self-same solutions?

you talk and talk ad nauseum, criticising anyone and everyone for their economic policies and promises and yet not once, do you ever offer an alternative.  That's lame enough on its own but when you say that you HAVE but never post them... you look like a weirdo.


Did you ever learn how to read Longy, I said -
"What I  said is that, there is not necessarily a solution for everything & in this instance there is no solution, which would restore the "status quo", in either the short or medium term and certainly not without a great deal of shared pain for all!" 

You really do have some serious lack of capacities, in a number of areas!
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John Smith
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Re: $19B deficit?....add another $8B to it pls
Reply #56 - Jul 27th, 2013 at 8:12pm
 
perceptions_now wrote on Jul 27th, 2013 at 7:13pm:
You really do have some serious lack of capacities, in a number of areas!


mostly all the areas associated with the brain
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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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buzzanddidj
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Re: $19B deficit?....add another $8B to it pls
Reply #57 - Jul 27th, 2013 at 8:55pm
 
chicken_lipsforme wrote on Jul 27th, 2013 at 5:48pm:
The home insulation program was so very successful the government canned it after over 100 house fires and four deaths.
That's how much of a success it was.


The BER was a success also.
Every school needs an undersized unusable canteen whilst their science labs and other buildings are falling down around there ears.
All those builders that retired after selling the government a $600k hall also can see the value in the program.




DESPITE the anti-Government
BULLSH!T
spun by the right-wing media - and right-wing of politics - the
Home Insulation Program
WAS a documented success


1/ It was responsible for completing the laying of domestic insulation over large tracts of the nation that previously WEREN'T
Not just reducing heating and cooling costs to low-income families and upwards - but having a DOCUMENTED, positive impact on carbon emissions

2/ It was responsible for introducing the FIRST EVER set of safety standards and licencing to an industry that was previously un-regulated
The outcome was - with
a FOURTEEN fold increase in installations - a DOUBLING of related house-fires
, work-place incidents - and one can only project ( ... as comparable figures were not published) a severe DROP in related work-place fatalities

The project was dropped due to MEDIA NEGATIVITY


100 house fires and 4 deaths on a project of this dimension is, statistically, a "good figure"
But NO politician is going to say that to someone who has lost their home - or to a parent, that has lost a child

NO-ONE would





DESPITE the anti-Government
BULLSH!T
spun by the right-wing media - and right-wing of politics - the BER was independently audited as giving "value for money" in 98% of cases ( ... the bulk of the remaining 2%, was attributed to mismanagement by the crumbling NSW Government)


If you think an overall cost of $600K for a building comes in the shape of a cheque to the contractor - you have much to learn on the "nuts & bolts" of government projects
The BULK of it goes on cross billing between other government departments - eager to get a slice of the BER budget ( ... an example being the Attorney-Generals Dept. - covering all legal and liabilities of these projects) REGARDLESS, these cross billing dollars are returned to the public purse



DESPITE the BER being STILL a "work in progress" - the negative campaigns ( ... The Australian newspaper's being the BIGGEST and most SELECTIVE in example) - have faded into oblivion, with a sense of "MISSION ACCOMPLISHED"

BOTH projects are widely acknowledged - by any source with
global economics CREDIBILITY
- to have succeeded ENORMOUSLY in fulfilling their primary function
In keeping unemployment at HALF the rate of comparable economies


And ensuring Australia as the ONLY member of the OECD group of trading nations that did NOT go into recession over the GFC
A state of being, that MOST are still crippled with - to this day





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'I like your Christ, I do not like your Christians.
Your Christians are so unlike your Christ.'


- Mohandas Karamchand Gandhi
 
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Kat
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Socialism IS the answer.

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Re: $19B deficit?....add another $8B to it pls
Reply #58 - Jul 27th, 2013 at 9:08pm
 
Sadly, Buzz, I fear you're just pyssing into the wind.

This mob don't want to know the facts.

And if you refuse to accept facts, no matter how often or by who they're
presented, but instead stubbornly cling to a belief that's demonstrably
wrong, how can you be considered intelligent enough to cast a valid, in-
formed, rational vote?

I don't think you can...

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...
 
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Sprintcyclist
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Re: $19B deficit?....add another $8B to it pls
Reply #59 - Jul 27th, 2013 at 9:20pm
 
buzz Quote:
.........BOTH projects are widely acknowledged - by any source with
global economics CREDIBILITY
- to have succeeded ENORMOUSLY in fulfilling their primary function
In keeping unemployment at HALF the rate of comparable economies



And ensuring Australia as the ONLY member of the OECD group of trading nations that did NOT go into recession over the GFC
A state of being, that MOST are still crippled with - to this day ...


whose socialist manifesto did you read that from ?

it'ld have been cheaper for us to give them the dole than invent false jobs.
buildings do not teach kids, teachers do.
what happenned to the laptops the stupid govt gave all the kids ?

Aussie missed the false GFC scenario as we had a surplus not a massive debt.
thanks to the right wingers who were in charge.
also thanks to our mining, that the left has now crippled.
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Modern Classic Right Wing
 
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