I agree about the infrastructure and would level the same accusation at the current government in that, instead of the 'school kids payment' which is a euphemism for another stimulus payment, which will likely go on discretionary retail stuff, they could have put that into some useful infrastructure.Amazing how we tend to view past Treasurers with rose-coloured glasses. Costello was out by billions every year in his budget estimates. Then he put the embarassingly large surpluses back into the economy in the form of tax cuts and middle-class welfare. Shame he didn't invest it in infrastructure that we could now be benefiting from.
I agree about the infrastructure and would level the same accusation at the current government in that, instead of the 'school kids payment' which is a euphemism for another stimulus payment, which will likely go on discretionary retail stuff, they could have put that into some useful infrastructure.
Instead they have opted for what they desperately hope will be a bribe to low/middle income straying voters. I'll be surprised if it works in that respect.
Amazing how we tend to view past Treasurers with rose-coloured glasses. Costello was out by billions every year in his budget estimates. Then he put the embarassingly large surpluses back into the economy in the form of tax cuts and middle-class welfare. Shame he didn't invest it in infrastructure that we could now be benefiting from.
Julia it is the old,old story with both major parties and more so with Labor. They know by just talking about the hip pocket effect will buy them votes.
It has just happened in Townsville where the Labor Lord Mayor ( so called independant) Jenny Hill sweetened the public up with a freeze on rates and a rebate of $103 on thier water bill. She went to the local government elections with this campaign and voters have fallen for it. She now finds herself with two Labor councillors, one genuine independant and seven anti Labor members.
Labor also planted another Labor candiddate (so called independant) for Mayor who gained 17% of the vote annd all his preferences went to Jenny Hill and enough to get her over the line.
Although she now has a mandate for this freeze and rebate, I have asked her how the freeze will handle the extra cost incurred by council and how it will affect the infrastructure of this ever expanding city of Townsville.
Yes, the hip pocket effect comes into play and both parties know how to exploit it.
THE bitter fallout between former best friends and political allies Peter Costello and Michael Kroger erupted in spectacular public acrimony yesterday with Mr Kroger painting Mr Costello as an embittered man who spent his time running down his former colleagues and Mr Costello accusing Mr Kroger of completely fabricating a story about the former treasurer's desire to return to federal politics.
Libs wince as Kroger and Costello collide
Read more: http://www.smh.com.au/opinion/polit...llo-collide-20120511-1yi3w.html#ixzz1ubQTiFLD
Shame he didn't invest it in infrastructure that we could now be benefiting from.
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