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Are The Liberal Party Recession Makers? (Read 315 times)
whiteknight
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Are The Liberal Party Recession Makers?
Aug 13th, 2024 at 7:55am
 
Fiery debate between Bill Shorten and Jane Hume sparked after question on government spending
Senior government minister Bill Shorten has sparked a fiery debate with the opposition after he claimed the Liberal Party wants to put Australia in a recession.   


News.com.au
August 12, 2024

Senior Albanese government minister Bill Shorten has labelled the Liberal Party as “recession makers” in fiery clash with opposition spokeswoman Jane Hume over tackling inflation. 

Speaking on ABC’s Q+A on Monday, Mr Shorten said the Liberal Party wanted Australia to go into a recession in order to “fix” the nation’s inflation problem.

Bill Shorten labelled the opposition as “recession makers”.

“You guys are recession makers, own it, be proud,” Mr Shorten said in response to opposition finance spokeswoman Jane Hume.

“You can either be a recession maker, and that’s what the Conservatives are. They want us to go into recession because they think that is the only way to fix this”

The debate came after Canberra mother Megan questioned whether the government’s cost of living spending was causing interest rates to rise and placing more “pain” on Australian household rather than tackle inflation which was 3.8 per cent for the June quarter.

Inflation is staying persistently above the 2-3 per cent target range for the Reserve Bank, leading he RBA to keep the official cash rate at 4.35 cent, with warnings they won’t cut the rate this year.

Despite the RBA inferring government spending was not helping, Mr Shorten said government expenditure was not “pumping up inflation”.

“Yes, we have increased the age pension by 120 bucks a fortnight in the last two years. Yes, we have increased the Disability Support Pension by about 120 bucks over the last two years. Yes, we are going to pay early childhood educators a pay rise,” he said.

Canberra mother, Megan questioned whether government spending is driving inflation.

“Yes, we have supported wage rises for millions of people. Yes, we have supported 2.8 million people under $45,000 a year getting access to the tax cut which was otherwise reserved for the top end.”


However, despite significant government expenditure on cost of living measures, Mr Shorten said inflation rates were not the fault of the “ordinary person” or Australians receiving income support.

Senator Hume hit back at Mr Shorten’s claim that the opposition were “recession makers”, labelling the comment as “nonsense”.

“What about $2bn on the suburban rail loop in Victoria, a project that doesn’t even have a business case that’s stacked up?” Senator Hume questioned.

“What about a billion dollars to create solar solar panels that are never going to be competitive?”

Jane Hume said Mr Shorten’s claims were “nonsense”.

After Senator Hume questioned Mr Shorten’s $620,000 spending on a speech writer to “sound more empathetic”, Mr Shorten took aim at the opposition’s spending on “very rich companies” during the Covid pandemic.

“We’d like some of that back in an ideal world,” Mr Shorten said.


While Senator Hume conceded inflation was not entirely the fault of the Labor government, she said the party has failed to tackle it.

“Even if inflation isn’t all your fault, it absolutely is your problem, and you’re not doing enough,” she said.

“People are paying more for longer and higher mortgages for longer because you have not tackled inflation.”
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whiteknight
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Re: Are The Liberal Party Recession Makers?
Reply #1 - Aug 13th, 2024 at 7:57am
 
If the liberal party won the next federal election, what would they cut?.   Sad
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Daves2017
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Re: Are The Liberal Party Recession Makers?
Reply #2 - Aug 22nd, 2024 at 10:31pm
 
Inflation is a result of the COVID pandemic and the governments of Australia choices in dealing with it.

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Grappler Truth Teller Feller
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Re: Are The Liberal Party Recession Makers?
Reply #3 - Aug 23rd, 2024 at 5:48am
 
whiteknight wrote on Aug 13th, 2024 at 7:57am:
If the liberal party won the next federal election, what would they cut?.   Sad


All the trees in koala parks to make way for developments........

Inflation means the costs of living are growing faster than incomes.. simple really - anything that makes your dollar go less far is inflation... that poor old dollar has to stretch further and further to cover all the rip-off merchants and their privatised business opportunities and so forth... and it ain't gonna get any better under the rich man's 'user forced to pay for a public service' and 'look, honey, I just found a business opportunity owning the roads/power/gas/rails - me mate in politics showed it to me - we're going in as partners!'....

ICAC?  The sleeping dragon................  (shhhhhhhh) ... tread softly for here lie the dreams of a deluded public who thought they could see justice finally for grand theft politician .. leave a flower or tribute to these dreams passing without notice .... for none shall ever know their name .....
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« Last Edit: Aug 23rd, 2024 at 5:55am by Grappler Truth Teller Feller »  

“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams
 
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John Smith
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Re: Are The Liberal Party Recession Makers?
Reply #4 - Aug 23rd, 2024 at 7:02am
 
Most of our inflation is due to profiteering from big business.
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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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Armchair_Politician
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Re: Are The Liberal Party Recession Makers?
Reply #5 - Aug 25th, 2024 at 7:04pm
 
whiteknight wrote on Aug 13th, 2024 at 7:57am:
If the liberal party won the next federal election, what would they cut?.   Sad


Payments to the CFMEU by Labor...
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Scott Morrison DID wipe the floor with Bull Shitten!!! Smiley Smiley Smiley
 
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