Australian (ASX) Stock Market Forum

Long term figures/charts?

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Hi
I became involved in a discussion about politics (first mistake) in which a statement was made that I would like to read into a bit. The idea was that Australia's general economic trend follows a rough ten year cycle and that it's just a coincidence that every time we have had an upward trend a Liberal government has been in power and every time a downward trend was due Labor just happened to be in power. The concept doesn't sit right with me as it is superbly simplistic and vague but I have nothing to base my opinion on. So what I'm asking for is anyones informed opinion or any links to very long term charts or figures?
Thanks
Troy
 
Hi
I became involved in a discussion about politics (first mistake) in which a statement was made that I would like to read into a bit. The idea was that Australia's general economic trend follows a rough ten year cycle and that it's just a coincidence that every time we have had an upward trend a Liberal government has been in power and every time a downward trend was due Labor just happened to be in power. The concept doesn't sit right with me as it is superbly simplistic and vague but I have nothing to base my opinion on. So what I'm asking for is anyones informed opinion or any links to very long term charts or figures?
Thanks
Troy

Look at the latest budget released by the labour government and see how much our country spends on welfare. It makes me sick at how much of my tax goes to people that dont deserve it..some do deserve it I realise this...but just personally I have lost count of the number of people who cut their working hours in fear of losing their centrelink payments.

The socialists worsen this problem. Look at the budget deficit...there is no way labour will bring us back into surplus without ruining the future of the economy in the process.

Future funds set up by liberal governments, spent by labour governments...

they just continually mess things up!
 
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