perceptions_now wrote on Sep 9
th, 2013 at 8:36am:
Maqqa wrote on Sep 9
th, 2013 at 12:47am:
perceptions_now wrote on Sep 9
th, 2013 at 12:13am:
Maqqa wrote on Sep 8
th, 2013 at 4:56pm:
FRED
I think it's Labor's blatant lies and bandwagon policies that put voters off
Border Security - bandwagon
Rudd went with the Greens policy in 2007 and then do the PNG Solution in 2013
Conservative economics
Rudd said he was an economic conservative then racks up $300B.
Climate change
Greatest moral challenge and he's flip flopped all over the place
Back on economics - in 2007 - the ALP convinced the Australian voters that economics was not important
Labor convinced voters you could put a baboon in the role and the Budget could be balanced
And they did put a baboon in there. And the Budgets were not balanced
Aussie voters have now come back to reality
They realised the fundamental of any government is economics
Well Maqqa, there is the usual SPIN!NOW, we will see where REALITY starts, because both you & the Liberals have NFI, when it comes the current cause & effect of Economics, which is much the same as Labor! Which part of it is spin?Swan is worse than a baboon and you know it
Every economic prediction and promise they've had has not come true
Normally? Most of what you say!http://www.budget.gov.au/2011-12/content/myefo/image/13_appendix_d-1.gifThe Tax take in 96-97 was 24.0% of GDP, the Tax take in 06-07 was 25.2%, the estimated Tax take for 12-13 is 23.9%.
Payments in 96-97 were 25.1%, Payments in 06-07 were 23.4%, the estimated Payments for 12-13 is 23.6%.
The period 1995-2006, saw a greatest Economic Boom of the Modern era, thanks to the Baby Boomer Boom.
The period 2006-now, has seen either the largest or 2nd largest Economic downturn in the modern era, thanks to the Baby Boomer after-party effects & the running down of Energy Supplies, plus the Energy Price spikes.
As I have said, there is SPIN, which is simple Politics, then there is REALITY, which is everyday not so simple Global Economics!
So, forgetting the Maqqa SPIN, the actual REALITIES are:During Liberal times -
Revenue/Receipts -96/97: $133,592 - 24.0% of GDP
06/07: $272,637 - 25.2% of GDP
Total Revenue Growth 204%
Average Annual Growth - 20.4%
Expenditure/Payments -96/97: $139,689 - 25.1% of GDP
06/07: $253,321 - 23.4% of GDP
Total Expenditure/Payments Growth 182%
Average Annual Growth - 18.2%
Whereas during Labor times -
Revenue/Receipts -07/08: $294,917 - 25.1% of GDP
12/13: $374,559 - 23.9% of GDP (Estimated)
Total Revenue Growth 79%
Average Annual Growth - 13.0%
Expenditure/Payments -07/08: $271,843 - 23.1% of GDP
12/13: $370,069 - 23.6% of GDP
Total Expenditure/Payments Growth 136%
Average Annual Growth - 22.7%
Revenue/ReceiptsSo, again forgetting all the SPIN, the Liberals actual Revenue went UP by 1.2% of GDP, from their start year of 96/97 to their end year of 06/07.
Whilst the Labor actual Revenue went DOWN by 1.2% of GDP, from their start year of 07/08 to their likely finish at end year of 12/13.
Expenditure/PaymentsAgain, forgetting all the SPIN, the Liberals actual Expenditure/Payments went DOWN by 1.2% of GDP, from their start year of 96/97 to their end year of 06/07.
Whilst the Labor actual Expenditure/Payments went UP by 0.5% of GDP, from their start year of 07/08 to their likely finish at end year of 12/13.
Again, as previously highlighted, there were 2 major, but separate Economic events, during the period in question and those events were -
The period 1995-2006, saw a greatest Economic Boom of the Modern era, thanks to the Baby Boomer Boom.
The period 2006-now, has seen either the largest or 2nd largest Economic downturn in the modern era, thanks to the Baby Boomer after-party effects & the running down of Energy Supplies, plus the Energy Price spikes. Finally, it should be said that the Liberals did pull back on Debt during 1996-2007, But they could have & should have, done better, given the Booming Economic period AND Labor did a reasonable job, given the Recession that has infected the Global from 2007-now, But they also screwed up some things, which could have & should have, been done better!!!
This is the Realities approach, that all Political Parties & all Political supporters MUST START TO DEAL WITH, IF WE ARE TO AVOID THE WORST OF WHAT REMAINS OF A VERY LONG ECONOMIC DOWNTURN!
There even used to be a word for it, But it has long since ceased to have any real meaning!
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Political SPIN & Reality (Read 26975 times)
