Cheers for posting Logique - I would suggest both major parties are guilty of frittering away the proceeds of the mining boom without using the funds particularly well.Here's the guy who didn't make it onto the 7:30 Report, and as you read what he said, it may give you a clue as to why:
Not sure what he thinks the Future Fund is, but you get the general idea. Mind you the Future Fund is fairly narrowly targeted to public servant superannuation.
Rudd saving the country from the GFC is now part of Labor folklore, and will soon go into school history books, along with all their other propaganda.
It became obvious that Stiglitz was a biased clown when O'Brien was so obviously pleased with him.
Rudd saving the country from the GFC is now part of Labor folklore, and will soon go into school history books, along with all their other propaganda.
Stimulus spending was necessary, I doubt there'd be an argument from anyone on that score, and certainly not from the Coalition. I think the discussion is about the targeting of the programs, and the efficiency and quality of management applied. And whether it was a little panicky, going too far and for too long.. I agree that the stimulus was totally necessary for the good of the country. My objection was that it should have stopped after the second wave thusly reducing the waste and rorting of the system we now have laid before us.
... I agree that the stimulus was totally necessary for the good of the country. ....
I don't agree, as consecutive interest rate raises were caused by artificial boom using borrowed money.
I've had exactly the same thought in both cases.Any thoughts as to why Malcolm Turnbull and Kevin Rudd have dropped their affiliated party logos from their advertising propoganda? Their spokespeople are telling the story that the people in their electorate already know who they are so they do not have to "brand" their advertising. Are they setting themselves up for a fall or are they paving the way to become *SHOCK HORROR* ...... dare I say it ...... Independents?
Agreed. And it seems weird that following several interest rate rises to contain the expanding economy, they are continuing to borrow money to continue to stimulate the economy!Stimulus spending was necessary, I doubt there'd be an argument from anyone on that score, and certainly not from the Coalition. I think the discussion is about the targeting of the programs, and the efficiency and quality of management applied. And whether it was a little panicky, going too far and for too long.
....
Debt is a problem only when it becomes unserviceable.
Stimulus spending was necessary, I doubt there'd be an argument from anyone on that score...
We were conditioned to include debt into our way of life.
Crafty, and tricky and all those in a BANK love it and all the lemmings that go this way.
There is an entire school of economics that would argue that it is exactly the wrong thing to do. I agree with them.
. At least Rudd can claim that we did better than the rest of the western world....... because we have.
OUR first campaign lesson in economic comedy comes from Tony Abbott's 1.5 per cent cut in the company tax rate.
He is pretending to pay for it by scrapping Labor's 1 per cent cut to the company tax rate -- a double counting exercise that has to be seen to be believed.
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