Australian Politics Forum - Who is going to pay the half trillion dlr debt?

red baron

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Who is going to pay the half trillion dlr debt?
May 15^th, 2017 at 6:35pm

Who is the name of the Wide World of Sports is going to pay the half a trillion dollar debt that will ensue at the end of this budget?

It is a given that Labor has managed to accrue most of this debt

When John Howard left he also left a budget surplus and billions in a futures fund

It didn't take long for that spending maniac Krudd to deep six that surplus

That bloke should be hung drawn and quartered for the way he f.....ked over our economy

Anyhow..along came Gillard who gave us more of the same

According to Scomo we will be paying back 6 billion of it in the next budget, bloody hell 6 billion thanks; like buying a car and paying for it piece by piece I guess 6 bill will buy us a hubcap on a 500 billion dollar car!

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Its time Gold Member Offline Boot libs out Posts: 25639 Gender:	Re: Who is going to pay the half trillion dlr debt? Reply #1 - May 15^th, 2017 at 6:57pm With the confidence killers in charge it will be a trillion when we drop punt them in 2019
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Unforgiven Gold Member Offline I have sinned Posts: 8879 Gender:	Re: Who is going to pay the half trillion dlr debt? Reply #2 - May 15^th, 2017 at 7:03pm It won't be Red Baron or his progeny. The government can only get money from people who have money; it's mates. However, they won't part with it, and the government's mates lawyers get the first crack at the cash stash.
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miketrees Gold Member Offline Australian Politics Posts: 6490 Gender:	Re: Who is going to pay the half trillion dlr debt? Reply #3 - May 15^th, 2017 at 7:03pm Its the normal cycle in Australia, the Libs screw us down and the Labs piss it up.
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Jovial Monk Gold Member Offline Dogs not cats! Posts: 47794 Gender:	Re: Who is going to pay the half trillion dlr debt? Reply #4 - May 15^th, 2017 at 7:04pm I think $1Trn. The mess that is the NBN will have to be brought on Budget. There is nothing to lift employment so that will get worse and NewStart payments increase. Then the idiots will panic. . .
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juliar

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Re: Who is going to pay the half trillion dlr debt?
Reply #5 - May 15^th, 2017 at 7:06pm

All the Socialist indoctrinated Lefties can think of is Socialist SPENDING because in Socialism NOBODY EARNS anything they just spend other people's money until it runs out and then the IMF comes knocking. Maybe that's what Labor wants to happen ?

However a successful govt uses increased exports to earn money to pay for foreign govt debts created and left by the Labor imbeciles.

How is the shocking debt legacy left by the Labor imbeciles going ?

http://www.australiandebtclock.com.au/clocks

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... Gold Member Offline Posts: 23673 WA Gender:	Re: Who is going to pay the half trillion dlr debt? Reply #6 - May 15^th, 2017 at 7:11pm I'll lock in a) Anybody but the baby boomers.
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red baron

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Re: Who is going to pay the half trillion dlr debt?
Reply #7 - May 15^th, 2017 at 7:12pm

Mike Trees has it right...Labor have historically spent like legless sailors and it has been historically the Libs who have come in with the bucket and mop to clean up the unholy economic mess that Labor has left behind

I am not saying this as a Liberal supporter I'm saying it as a person who has witnessed over fifty years of both these mobs being in power

PS Shorten's projected budget in his budget reply will put us another 7.5 billion in the red...see what I mean? Cheesy

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Bobby.

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Re: Who is going to pay the half trillion dlr debt?
Reply #8 - May 15^th, 2017 at 7:13pm

red baron wrote on May 15^th, 2017 at 6:35pm:

Who is the name of the Wide World of Sports is going to pay the half a trillion dollar debt that will ensue at the end of this budget?

It is a given that Labor has managed to accrue most of this debt

When John Howard left he also left a budget surplus and billions in a futures fund

It didn't take long for that spending maniac Krudd to deep six that surplus

That bloke should be hung drawn and quartered for the way he f.....ked over our economy

Anyhow..along came Gillard who gave us more of the same

According to Scomo we will be paying back 6 billion of it in the next budget, bloody hell 6 billion thanks; like buying a car and paying for it piece by piece I guess 6 bill will buy us a hubcap on a 500 billion dollar car!

It's impossible to pay off -
it will just increase over time.

Malcolm has copied Rudd -
he borrows $100M more each & every day.

The alternative is to take Australia into a recession or even a depression.

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Grappler Deep State Feller Gold Member Offline Australian Politics Posts: 85220 Always was always will be HOME Gender:	Re: Who is going to pay the half trillion dlr debt? Reply #9 - May 15^th, 2017 at 7:14pm Jo and Joe Bloggs will be squeezed until it is paid while the mega-corporations and high flyers and other lice get away scot free....
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Grappler Deep State Feller Gold Member Offline Australian Politics Posts: 85220 Always was always will be HOME Gender:	Re: Who is going to pay the half trillion dlr debt? Reply #10 - May 15^th, 2017 at 7:15pm ... wrote on May 15^th, 2017 at 7:11pm: I'll lock in a) Anybody but the baby boomers. Yeah - we earned our free ride by working when work was around..
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John Smith

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Re: Who is going to pay the half trillion dlr debt?
Reply #11 - May 15^th, 2017 at 7:21pm

red baron wrote on May 15^th, 2017 at 7:12pm:

Mike Trees has it right...Labor have historically spent like legless sailors and it has been historically the Libs who have come in with the bucket and mop to clean up the unholy economic mess that Labor has left behind

what a load of rubbish

Once, in a hundred years of govt. did the libs manage to pay off the debt And that was because of reform Keating had bought in and during a time when the whole world was booming, and they still had to sell of the farm to do so. Only an absolute fool would believe the crap about the libs being better economic managers.

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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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John Smith Gold Member Offline Australian Politics Posts: 75100 Gender:	Re: Who is going to pay the half trillion dlr debt? Reply #12 - May 15^th, 2017 at 7:22pm red baron wrote on May 15^th, 2017 at 6:35pm: It is a given that Labor has managed to accrue most of this debt more bullsh1t I live in the hope that one day, just one day, you might say something based on reality.
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Jovial Monk

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Re: Who is going to pay the half trillion dlr debt?
Reply #13 - May 15^th, 2017 at 7:23pm

red baron wrote on May 15^th, 2017 at 7:12pm:

Mike Trees has it right...Labor have historically spent like legless sailors and it has been historically the Libs who have come in with the bucket and mop to clean up the unholy economic mess that Labor has left behind

I am not saying this as a Liberal supporter I'm saying it as a person who has witnessed over fifty years of both these mobs being in power

PS Shorten's projected budget in his budget reply will put us another 7.5 billion in the red...see what I mean? Cheesy

What absolute crap!

Just one example, Treasurer Howard left a HUGE mess behind! PM Howard did the same, we are STILL stuffed by the crap he and his dimwit Treasurer pulled.

Yes, there was a recession in the 1990s. That meant a Budget deficit. Big flipping deal! We had a HUGE Budget deficit after WWII and it did not stymie record growth. Deficits should be the default Budget setting anyway.

The Libs do nothing. This means the next Labor govt has to make up for Lib inertia and lack of vision of the preceding Lib govt. Howard could have built the NBN easy. Howard didn’t give a stuff about infrastructure, health or education, robbed all those Budgets.

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If you don’t like abortions ignore them like you do school shootings.

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miketrees Gold Member Offline Australian Politics Posts: 6490 Gender:	Re: Who is going to pay the half trillion dlr debt? Reply #14 - May 15^th, 2017 at 7:27pm Labor have historically spent like legless sailors and it has been historically the Libs who have come in with the bucket and mop to clean up the unholy economic mess that Labor has left behind Yes Baron Von Rubin, but try and tell the young ones today and they wont believe ya, they wont
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