perceptions_now
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Australian Politics
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Perth WA
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longweekend58 wrote on Aug 18 th, 2013 at 6:15pm: perceptions_now wrote on Aug 18 th, 2013 at 6:08pm: longweekend58 wrote on Aug 18 th, 2013 at 6:00pm: perceptions_now wrote on Aug 18 th, 2013 at 5:48pm: longweekend58 wrote on Aug 18 th, 2013 at 5:01pm: perceptions_now wrote on Aug 18 th, 2013 at 2:09pm: perceptions_now wrote on Aug 17 th, 2013 at 10:59pm: No, IF we want a future for ourselves, our children & our children's children, then we will have to start making some really tough decisions & we will have to start NOW!
We will need -
A complete review of Government Taxes, Expenditure and all government Policies.
Specific Tax increases & lower Expenditure & an emphasis on Productivity.
Co-operation across all Political parties, for the longer term benefit of all Australians.
AND, all of the above, will also need to take place Globally.
Can this & much more be done? The answer is YES!
Will it be done? On that, the realist in me, is nowhere near as confident AND the flow on effects from the Demographic & Energy factors, will place Growth in particular extremely difficult and return to past Economics absolutely impossible!
In any event, knowledge is everything and at least if you are armed with what is really going on, then your chances are better of getting better outcomes. So, NO DISAGREEMENT from the usual suspects, I take it therefore that they agree with the above & the rest of what I said in my post! so pinhead... when WE say there needs to be a reduction in expenditure and an increase in some taxes we are morons but when YOU say it, it is okay? This is why you are routinely ignored: because when you can finally get a pseudo solution out of you it is the same as what we are saying but without the convoluted reasoning. A few observations Longy -
1) The Liberal DNA, particularly recently, is that Expenditure reductions simply become "across the board AUS-terity programs", instead of specific & targeted expenditure cuts.
2) Even YOU, could claim that the Election promise of reducing Corporate tax levels is an increase, IT'S A DECREASE IN TAX, NOT AN INCREASE, you moron!
Mind , you're not on your lonesome, with Labor promising - $Billions for a car industry, which will eventually disappear up its own ass! Tax cuts for Northern Australia, which will achieve absolutely nothing, due to changing circumstances! As I have said many times, I am not offering "solutions", which will restore the status quo.
Far from it, all I am doing is highlighting what is actually happening, so some people can be forearmed with that knowledge & perhaps get better outcomes, because of that knowledge!
You are the moron, who thinks nothing has, nor will it change?
But you're not on your lonesome, as both Labor & Liberals are also living in the past and all of you assume the status quo will return, WHICH SIMPLY WILL NOT HAPPEN! But, congratulations are in order, as it seems your 4R's failed again, with your zero comprehension of what I wrote at - http://www.ozpolitic.com/forum/YaBB.pl?num=1376715205/29#29& http://www.ozpolitic.com/forum/YaBB.pl?num=1376715205/45#45& More, much more! You support stimulus but only in the manner you like which is GIVING MONEY AWAY. the stimulus that is cutting taxes is not okay? if so why, since the outcome is superior? Didn't you just say, in your previous post, that the Libs were INCREASING TAX?Because of time lines! It's like trying to say you can re-invent Surpluses, which were possible at the Peak of the Baby Boomer Boom, but no longer possible now, as the Local & Global Economy continues to slow down! Similarly, what was "somewhat" effective at the height of the GFC is no longer likely to be effective (under any government), as the Local & Global Economy continues to slow down, for all the reasons I have written about! I know you think you are really clever and come up with really insightful insights but to be honest, much of what you write is either opaque or nonsense. When asked a question you invariably respond with a lecture on a topic that may or may not be loosely connected with the question. Stimulus is NOT just giving more money away but also by taxing LESS in areas that need it. You of course disagree because you pretty much disagree with everybody on everything. Yes, I am aware of that!
As usual Longy, your 4R's failed, AGAIN! I am saying & I have said frequently, that both Stimulus & Austerity programs have been a staple part of modern Economics & both have been used in the past, at various times, as required by where the Economic cycle was situated AND BOTH STIMULUS & AUSTERITY HAVE BEEN SUCCESSFULLY USED, on many ocassions!
That said, I AM NOW SAYING THAT NEITHER WILL WORK NOW, BECAUSE THE BASIC ECONOMIC DRIVERS HAVE CHANGED TO NEUTRAL, IN TRANSITION TO NEGATIVE AND THERE IS NOTHING THAT THE POLITICIANS/CENTRAL BANKERS CAN DO NOW, WHICH WILL RETURN US TO THE STATUS QUO!
Which is why I have said, we will all have to share the pain, for quite some time & make a lot of changes!
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