And the funding?? Wayne Swan speeches about getting back to surplus are in the not too distant past. Conditions are not as favourable now. Basic mathematics really.Shorten seems to have good policies, more health and education
And the funding?? Wayne Swan speeches about getting back to surplus are in the not too distant past. Conditions are not as favourable now. Basic mathematics really.
Thanks for highlighting that.I recall Hockey saying he would be back in surplus after his first Budget ?
http://www.smh.com.au/federal-polit...face-on-surplus-guarantee-20130127-2dfn9.html
Very good. Just on balancing the budget and working toward surplus, who do you think will actually do it considering Labor is careless with the countries finances?
Okay but society has a greater penchant for debt than ever before so I wouldn't let the masses make sensible decisions . The masses will take as much money as the banks will let them have and it would get ugly when interest rates start to rise.I think Labor is more likely to do it in a socially acceptable way. Records over periods of time indicate that spending as a % of GDP is lower under Labor than the Coalition.
I think Labor is more likely to do it in a socially acceptable way. Records over periods of time indicate that spending as a % of GDP is lower under Labor than the Coalition.
Spending as a % of revenue is likely more relevant as spending as fiscal stimulus could change the GDP number.
I'd be interested in seeing this comparison that you mention.
lol...
I was thinking you had something credible there for a minute.
I see the ABC's noon headline, something like "Turnbull cancels campaign events as leadership tensions resurface" is a crock of rubbish.
I used to love the ABC, when i lived here before it seemed truly unbiased. The labor party doesn't need to advertise as much now though, as long as they have the ABC. This is disgraceful, almost as bad as Fox in the US.
I have to listen to the likes of Ross Greenwood just to put some bloody balance back into things....what a f'in country!
So lets see your data that shows Labor spend more than the LNP.
Refer to the graphic, I'm sure i don't need to remind you who were responsible for the budget during this period.
Do I have to remind you about the GFC ?
ohhhh ok...i get it now...silly of me really. Labor has had the awful responsibility of spending thier way our of each recession....wait, 2008 was not a recession here....oh, thats right they avioded the recession because they spent. In the end they still spent it...
Now, didn't the Liberals introduce policies to reduce spending, that were knocked back the the other house? Yet, still, they get "well you didn't do anything to reduce the deficit"
Hockey's $7 Medicare levy was never going to reduce the deficit, it was going to medical research. All very noble but not appropriate if they were trying to reduce the deficit.
And yes, we did avoid the GFC because of budget stimulus.
And yes, we did avoid the GFC because of budget stimulus.
Of course it has, but there are also conflicting opinions on your graph above. The whole argument of whether "surplus = good and deficit = bad" and if it's "fiscally responsible or not" has been done to death for a very, very long time.That's been demonstrated to be an opinion.
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