Sensational Transformational Budget from Joe Hockey, well done Joe........

[Wayne]

Are you a Keynesian? I suppose your solution to government debt is for the government to borrow and spend more money? Thats crazy. These sort of fiscal stimulus strategies are usually advocated by vested interests and captains of industry who always end up cashing in. Bad economics. Bad public policy.

What is an economy? It is a collection of people going about their daily business. And what governs their decisions? A complex interplay of social, psychological and material conditions. The point? Economics is about sentiment. It is not real, in precisely the same way money is not real - it simply represents the value people place on a good or a service at a particular point of time and place. My point? The premise of your scorn is ill-founded. Good economic policy is when people are assured, when they feel comfortable in their decisions and positive with their future. Bad economic policy is the reverse: when one is insecure, worried about future prospects, concerned about their children et al. This clown of a PM we have at the moment, with his risible sidekick of a treasurer are the worst possible economic managers. They sow fear.

[SmilingGiraffe]

Tony Abbott, and the government, is heavily criticised in the media by many people,
it has become a trend in both social media circles and mainstream media like the ABC. This is because
the forces that control the media are diametrically opposed to everything the Abbott government represents.

Fortunately, for Australia, the Abbott government was elected by a very significant majority. The government
has great support in the community, but more limited support in the media, especially the ABC. You will
obviously be aware that no one at the ABC has been elected to their position. They do not represent the
Australia people, they don't represent Australia.

The unelected, tax-funded ABC has betrayed Australia by cultivating all the recent troubles associated with the
routine spying that was undertaken by secret services for the previous Labour government. And they have betrayed Australia
by attempting to give people smugglers as much information as possible about the Abbott Government's border control procedures.

These betrayals are far worse than anything contained in the current Budget announced by Joe Hockey.

Even though the boats have essentially been stopped by the Abbot's/Morrison's policy, you won't hear any praise from the ABC.
Hockey has already announced the pending closure of several asylum centres because the demand has dropped, thus saving a lot of money.
But again, you won't hear any praise from the ABC.

The ABC wants to create problems for the Abbott government, they don't want successes.

The ABC should be completely overhauled, and the senior management should be held account for their treachery.

[CunningLinguist]

I think Julia Bishop could be the next Prime Minister !!

Another Julia one may say, but a far better Julia in my book

just a thought

Now I know you are on crack ...

[CunningLinguist]

Bishop and Joe will sink or swim with Abbott. The one I am worry about if I was a Labor strategist is Turnbull. He is far superior to these three, and I doubt if he would have shown such serious lack of judgment and compassion.

Unfortunately Turnbull is not a contender since he did show a lack of judgement on a grand scale, but I agree I reckon he is their biggest talent.

[wilisno]

No one recommends borrowing, no one even said all the borrowing Labour had done were justified. But when borrowing is necessary, it must be done. I can not imagine any big company in the world without debts, without borrowing, that's just not a smart way to do business ! And borrowing was what got us out of the GFC !

More importantly, this is not the debate about borrowing. It's the debate about Cut ! Cut ! Cut !

[greybeard_]

Turnbull polls well in inner city electorates but doesnt do well in regional / remote australia. He is too progressive, I dont think he could win a general election for the coalition

Unfortunately Turnbull is not a contender since he did show a lack of judgement on a grand scale, but I agree I reckon he is their biggest talent.

[wilisno]

Fortunately, for Australia, the Abbott government was elected by a very significant majority.

Everybody knows that the Abbott government didn't win the election, it was Labour that lost it !

[SmilingGiraffe]

This is a very stimulating and interesting discussion, we should all pass on our thanks to the OP.
I can forward all our appreciation if you wish. He or she deserves the clap I think.

[waynekerr]

What is an economy? It is a collection of people going about their daily business. And what governs their decisions? A complex interplay of social, psychological and material conditions. The point? Economics is about sentiment. It is not real, in precisely the same way money is not real - it simply represents the value people place on a good or a service at a particular point of time and place. My point? The premise of your scorn is ill-founded. Good economic policy is when people are assured, when they feel comfortable in their decisions and positive with their future. Bad economic policy is the reverse: when one is insecure, worried about future prospects, concerned about their children et al. This clown of a PM we have at the moment, with his risible sidekick of a treasurer are the worst possible economic managers. They sow fear.

This is a very good post.

WayneK.

[wilisno]

This is a very stimulating and interesting discussion, we should all pass on our thanks to the OP.
I can forward all our appreciation if you wish. He or she deserves the clap I think.

Why bother ? Whom do you intend to fool ? Like what Tony Abbott does ?

You were banned 17 times not because of your threads, but because of your shit stirring acts, more so because of your attacks of the forum !

[EatmyhairyassholeBitch]

Further to my post, the ANZ survey today states that consumer confidence has dropped 14% since the election !

So since your post here on AUS99 consumer confidence has dropped 14%! Them's some powerful words my son!!!

[wilisno]

So since your post here on AUS99 consumer confidence has dropped 14%! Them's some powerful words my son!!!

Behave yourself and you won't get banned again !

[waynekerr]

My posts on this thread may give the impression that I am a dyed in the wool ALP supporter. This
is not so.

I am very much anti the current government but that doesn't necessarily mean I support the other
mob. At the risk of boring you to death, here is a little bit of history that influences my opinion.
(Leave now or forever hold your peace).

I was an ALP supporter from the later Whitlam years (when I was old enough (21 was the voting
age)). The 'dismissal' was a dreadful thing, a blot on our nation's history. The perpetrator
Malcolm Fraser, a man who stooped to previously unknown depths to advance the right wing
ideology is now a vocal critic of the current régime – tell you something?

Fraser, a previous Prime Minister, was expelled from the Liberal party or to put it more mildly,
encouraged to resign for expressing his views.

In the 1993 election John Hewson (opposition leader) announced that the Libs would introduce a
GST. This was strongly and successfully argued against by Paul Keating (PM). He was on a hiding
to nothing until receiving this gift from the Libs. Australia didn't want a bar of it.

John Howard won the 1996 election, after he vowed to “never, ever introduce a GST”.

Opposition leader Kim Beasley (ALP) argued very earnestly against Howard's plan to introduce a
GST (breaking his word not to do so, familiar?) in the 1998 election. John Howard won this
election with 49% 2PP and ALP 51% 2PP. I believe the Libs would have won in their own right
were it not for the GST factor.

Clearly, the GST is an insidious tax. It costs the poor and needy in ways that it does not cost the
rich. 100% of income is spent just to survive by the lower socio-economic group, meaning GST
is paid on a high percentage of their income. The rich however, spend only some of their income
and invest the rest (often in a dodgy tax advantageous way) meaning they pay GST on a much
lower portion of their income and the richer they are, the less they pay as a percentage.

The GST under various names has been introduced in some other countries as well, to overcome
the shortcomings of their governments by fucking over the population, as it was done here.

After it's introduction in 2000 Kim Beasley said publicly that the GST would not be repealed if the
ALP came to power. He never won an election. (He may well have won in 2001 were it not for the
'children overboard lies' but that's another story).

They might bleat about the rate, or bleat about the coverage but to this day the ALP have not
mentioned repealing a tax they fought so justifiably and vehemently against.

Sure, they might be better than the neoconservative extremist lot we are saddled with, probably by
a fair degree, but they are still a gutless shower of bastards and I wouldn't piss on them if they were
on fire.

When I vote, I carefully judge the all candidates on their merits, not just the two major parties. I
then cast my vote for whom I feel would be the most beneficial to our nation, which will in turn
benefit me and my family; short and long term. I do so because I care, and I don't hold the view
that “I'm alright so fuck you.”

So fuck U 2. ;-)

WayneK.

[CunningLinguist]

This is a very stimulating and interesting discussion, we should all pass on our thanks to the OP.
I can forward all our appreciation if you wish. He or she deserves the clap I think.

So there has been some discussion and now it has gone to your head and you are back to your self-agrandising ways.
We all know that the OP is you silly, and that you are this person.

I have observed that most people are still ignoring your points and carrying on an intelligent discussion despite you, but as usual you see through rose-coloured glasses ...

[uglyphil]

You are right CL.

Seems that the only person to ever congratulate this goose is himself. Which he does when he isn't encouraging child abuse, racism or misogyny.

As he is the only person to pat himself on the back, do you reckon he is the only person to pat himself on the "front" as well?

[uglyphil]

When I vote, I carefully judge the all candidates on their merits, not just the two major parties. I
then cast my vote for whom I feel would be the most beneficial to our nation, which will in turn
benefit me and my family; short and long term. I do so because I care, and I don't hold the view
that “I'm alright so fuck you.”

So fuck U 2. ;-)

WayneK.

You observations about the GST are spot on. But we need to remember that we do not vote for a party in this country, we vote for a local candidate, and we should vote for the person that will not do the best for the country, but the best for our electorate. One of the many reasons I usually place independents above all others (unless we are talking the Pauline Hanson type of independent, of course).

For many years I was fortunate to be represented by the best parliamentarian in the country. It was a sorry day, not only for the country, but for our electorate when he passed away from cancer. Since then we have only had gooses represent us, and it shows in the way the electorate has deteriorated

[SmilingGiraffe]

So there has been some discussion and now it has gone to your head and you are back to your self-agrandising ways.
We all know that the OP is you silly, and that you are this person.

I have observed that most people are still ignoring your points and carrying on an intelligent discussion despite you, but as usual you see through rose-coloured glasses ...

Do you think it's time for a poem?

[uglyphil]

Quote - Standard and Poor's Credit Rating Agency.

"Standard and Poor's has rejected Fairfax media's suggestions that Australia's AAA credit rating is at risk."

The Financial Review suggests the country's top rating could be jeopardised if the Government's budget measures to rein in the deficit do not clear the Senate.

"As we said last week, we have a stable outlook on the rating, which means a less than one-in-three chance that we'll change the rating over the next couple of years."

Craig Michaels.
Standard and Poor's.

Unquote.

A media beat up? Some people will believe anything.

WayneK.

The Fin is "backing" the Govt. and the Oz isn't???

When the hell did we enter bizarro world???

Next thing you know Bolt might start making sense :P

[greybeard_]

No thats wrong.

The economy is real. At its core it is comprised of tangible things (goods and services)

An education system needs bricks and motor classrooms and teachers need to be paid. A health system needs hospitals, doctors and medicine. if we want these things, but dont want to pay the money (through our taxes) that it costs to have them, the government must borrows money and goes into debt.

the economy is real. money is real. debt is real. You can only ignore these realities for so long until you are forced to deal with the consequences

What is an economy? It is a collection of people going about their daily business. And what governs their decisions? A complex interplay of social, psychological and material conditions. The point? Economics is about sentiment. It is not real, in precisely the same way money is not real - it simply represents the value people place on a good or a service at a particular point of time and place. My point? The premise of your scorn is ill-founded. Good economic policy is when people are assured, when they feel comfortable in their decisions and positive with their future. Bad economic policy is the reverse: when one is insecure, worried about future prospects, concerned about their children et al. This clown of a PM we have at the moment, with his risible sidekick of a treasurer are the worst possible economic managers. They sow fear.

[SmilingGiraffe]

Joe Hockey and Tony Abbott are freedom fighters against the global media dictatorship,
which, via the ABC in Australia, is bent on promoting the decline and degeneration of tradtional
western democratic values, society & culture.

Good onya men....(you're real class act men).