Australian (ASX) Stock Market Forum

Handout Nation

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21 April 2005
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Is Australia the handout nation of the universe?

Who thinks there are too many handouts for silly things as opposed to real things that are needed?

What are your thoughts?
 
I'm not sure about other countries, but it does really surprise me that the Australian government(s) have continued left of centre policies to prop up those who are incapable.

It weakens our society in the long run IMO.
 
I'm not sure about other countries, but it does really surprise me that the Australian government(s) have continued left of centre policies to prop up those who are incapable.

It weakens our society in the long run IMO.

Yep. Because the US has such a healthy society with no adequate social support system. :rolleyes:

What the OP I think is getting at, is the middle class welfare.

I simply cannot believe how much lack of thought went into your comment though Kennas.

Seriously. There has to be a system where people through no fault of their own, become disabled or whatever through the actions of drunk drivers, criminals etc are supported. There has to be a system to support kids and adolescents who are trying to set up a new life away from violent and abusive households. There has to be a system to enable youth with the talent and intellect, to be able to train and be educated for roles they are more capable of than other people in society.

Because otherwise you don't get the best out of society. Talent goes to waste.

But the middle class vote grabbing welfare policies of both Howard and Rudd are obscene.

Honestly... say for instance, you and your wife had 5 kids (not saying anything, purely hypothetical), and you were still in the army. She can't work for obvious reasons, and relies on you. You get killed in the field. Do you honestly expect society to effectively assign your wife and kids to lives that they might as well not even bother living?

I'm sorry, I just don't want to live in a society that makes absurd decisions like that.
 
I simply cannot believe how much lack of thought went into your comment though Kennas.
:)

I've thought about it a lot.

I'm not having kids because we are too aflush with people as it is. If I become disabled and can not contibute to the human race, euthanise me.

The solution to just about all global problems is to cull half the pop.

Don't want to make any contoversial comments of course. ;)
 
:)

I've thought about it a lot.

I'm not having kids because we are too aflush with people as it is. If I become disabled and can not contibute to the human race, euthanise me.

The solution to just about all global problems is to cull half the pop.

Don't want to make any contoversial comments of course. ;)
It's a silly argument.

Without help in my early adult life, there is no way I would have been able to contribute to society.

It's clearly not thought through at all, apart from your narrow perspective. Ignoring the part about it being hypothetical is a bit of evidence of that.
 
Without help in my early adult life, there is no way I would have been able to contribute to society.
Well, I'm glad you were helped out chops, otherwise we would all be worse off for it.

In the words of the immortal GG:

'You either do it right, or you are eliminated’.

It has some relevance to my point, so narrow as it is.

If you think there are no caveats to my position, fine.
 
Well, I'm glad you were helped out chops, otherwise we would all be worse off for it.

In the words of the immortal GG:

'You either do it right, or you are eliminated’.

It has some relevance to my point, so narrow as it is.

If you think there are no caveats to my position, fine.
The point is, people aren't always in a position to maximise their worth to society. I would never begrudge anyone the right to achieve that, when it doesn't have to take much to do so.

A lot of people here obviously come from positions of privilege, and just wouldn't have a clue what it is like to do it tough, and know how little it takes to make a massive positive difference to where you head in your life.
 
I'm not sure about other countries, but it does really surprise me that the Australian government(s) have continued left of centre policies to prop up those who are incapable.

It weakens our society in the long run IMO.


Kennas and Chops,

I agree the leftie agenda is in full control. Coming from the middle I believe there is need for some form of support for those in genuine need only but we don't need to overdo it.

Serial doll bludging families are not in genuine need though. (first cut to expenses and money saved.)

Foreign aid is way too high and needs to be cut. (more savings to pay pensioners with who built the country so little computer game playing boys and girls could have a nice life)

Some of the things chops mentioned are valid, but where are the communities to help those in need? Why have we failed in our communities? Why are our hospitals failing when some people are rolling around in handout lined bed sheets?
 
The point is, people aren't always in a position to maximise their worth to society. I would never begrudge anyone the right to achieve that, when it doesn't have to take much to do so.

A lot of people here obviously come from positions of privilege, and just wouldn't have a clue what it is like to do it tough, and know how little it takes to make a massive positive difference to where you head in your life.

Not really, probably some.

Been there, thanks to a black swan and the associated effects.
 
This negative gearing handout given to bludgers to avoid paying tax annoys me the most ! also fuels speculative bubbles and perhaps even complete financial collapse if really unlucky :eek:

Cheers ....


:)
 
Foreign aid is way too high and needs to be cut. (more savings to pay pensioners with who built the country so little computer game playing boys and girls could have a nice life)
I'm in two minds on this one.

Yes, we should be providing food, clothing, shelter and healthcare to our own people as a priority.

But at the expence of millions of people dying of starvation in Africa?

Or propping up the PNG economy so the country doesn't fall into the abyss?

In a globalised world, we can't not assist those less well off than our own privilidged society. Lets face it, we're pretty bloody lucky to have been born in Australia. Having seen absolute total abject poverty and misery first hand in Africa, I'm thanking the big tea pot in the sky.

There needs to be some balance in handouts that's for sure. Perhaps Snake you think we just haven't got that balance right at the moment?

(This is the politically correct kennas - bad kennas say leave them to rot)
 
This negative gearing handout given to bludgers to avoid paying tax annoys me the most ! also fuels speculative bubbles and perhaps even complete financial collapse if really unlucky :eek:

Cheers ....


:)

hello,

yeah those bloody margin lending participants have caused all this number, massive speculation on the share market through negative gearing

how can these share buyers expect prices to keep going up and up, the average share would be worth billions, it doesnt compute

thankyou
robots
 
(This is the politically correct kennas - bad kennas say leave them to rot)

Politically Correct ?

Isn’t this expression one of those oxymoron thingy’s ?

I have never know any politician or political party that’s ever been correct in anything.

Good to have you back Kennas good or bad

Regards
 
I'm in two minds on this one.

Yes, we should be providing food, clothing, shelter and healthcare to our own people as a priority.

But at the expence of millions of people dying of starvation in Africa?

Or propping up the PNG economy so the country doesn't fall into the abyss?

In a globalised world, we can't not assist those less well off than our own privilidged society. Lets face it, we're pretty bloody lucky to have been born in Australia. Having seen absolute total abject poverty and misery first hand in Africa, I'm thanking the big tea pot in the sky.

There needs to be some balance in handouts that's for sure. Perhaps Snake you think we just haven't got that balance right at the moment?

(This is the politically correct kennas - bad kennas say leave them to rot)

haha.

McCrann in the OZ today is badkennas. He points out that all pensioners will be spending half the surplus in the one week. Jeez, the hydroponic shops and meth labs better start gearing up for when the payments go in to the keycards.

Now goodkennas, non drug affected pensioners have suffered considerably under the boom with prices of food and utilities, petrol , rocketing , so good on them if they get a Christmas bonus.

gg
 
Copied this from another site, about sums it up really...

Oh to be an Australian parent. The gravy train has landed with huge handouts for doing absolutely nothing, all in the name of stimulating the economy in this time of financial doom and gloom. Don't get me wrong - I'm all for people who legitimately need help getting it but if you are one of the silly bastards in the workforce, actually contributing, then -please- work harder and pay more tax - families receiving Family Tax Benefit A desperately need new plasma TV's and PlayStations and are counting on you!

This is a world gone mad. Maybe I have a blinkered view. I'm not married, have no dependants. It's probably safe to say I don't understand the costs involved in raising kids but seeing a mother of four on the news yesterday saying that the $4000 handout she'd be receiving from the government just in time for Christmas would all be spent on presents made my blood boil.

My average work week is over 65 hours and as selfish and uninformed as this no doubt makes me sound I think that $4000 would have been better [read: more considerably] spent coming back to people who coughed it up in the first place. I'd be more than happy to pump it back into the economy too! God knows my car desperately needs a set of 22in alloys more than some little runt needs Guitar Hero...
 
Never having had to live on a pension I am not qualified to comment on the payment made to them.

But I do have strong objections to the doubling (and tripling) of the first home buyer's grant. This is just worsening one of the stupidities inherited from the previous government. It is feeding the Autralian obsession of home ownership early in life.

Anyone who cannot afford to save the deposit on a home will not be able to afford to service the mortgage. The bonus is just giving them a kickstart to a pie in the sky dream.

The money would be better spent in providing low rental accommodation.
 
Anyone who cannot afford to save the deposit on a home will not be able to afford to service the mortgage. The bonus is just giving them a kickstart to a pie in the sky dream.

And is the first stage of creating a sub-prime mortgage situation, now where has that popped up recently :(

The price of every house that is for sale in Australia has just gone up by precisely the value of the grant.

Crazy concept.
 
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