Second stimulus package discussion

SenTineL · 6 February 2009

So is everyone feeling stimulated by the govt?

All this stimulus talk is making me want to stimulate myself

Sorry couldn't resist....

bunyip · 6 February 2009

knocker said:
Um because digging **** out of the ground is only a stop gap measure. Why oh why has Australia turned itself into one big mining pit? **** we don't even have sheep anymore. All we have done in the last decade is sell house and dig holes. Well guess what? The grave is deep enough now. lol

We don't have sheep any more? Last time I drove through western QLD I saw a few thousand white woolly things that looked suspiciously like sheep.
Australia-wide there were 115 million of them at the most recent count.

Prospector · 6 February 2009

bunyip said:
We don't have sheep any more? Last time I drove through western QLD I saw a few thousand white woolly things that looked suspiciously like sheep.
Australia-wide there were 115 million of them at the most recent count.

Must be raining in Queensland then; please send some to us in Victoria and South Australia. Even the koalas are dying of thirst.....

knocker · 6 February 2009

bunyip said:
We don't have sheep any more? Last time I drove through western QLD I saw a few thousand white woolly things that looked suspiciously like sheep.
Australia-wide there were 115 million of them at the most recent count.

Actually I stand corrected. we do have sheep, and most of them are after the stimulus package. bababababa

Julia · 6 February 2009

Australia has no sheep????

bunyip · 6 February 2009

Prospector said:
Must be raining in Queensland then; please send some to us in Victoria and South Australia. Even the koalas are dying of thirst.....

Indeed it is, with more than 60% of Queensland currently flood-affected. Still a few dry spots though.
Not only does Queensland produce some impressive floods at times - we also produced Kevin bloody Rudd.....unfortunately!

Better not send your koalas to NSW this weekend for a drink....it's predicted to be the 'hottest place on earth' tomorrow and Sunday, with temperatures of 46 degrees in store for some outback regions.
Even Rudd's stimulus package would soon dry up in that kind of heat!

Prospector · 6 February 2009

bunyip said:
Better not send your koalas to NSW this weekend for a drink....it's predicted to be the 'hottest place on earth' tomorrow and Sunday, with temperatures of 46 degrees in store for some outback regions.
!

Pffft, we have had those temperatures for the last 2 weeks. Typical NSW, ignores everything that is happening elsewhere, as soon as it happens to them then they cry hellfire and damnation.

A pleasant 42 here at the moment!

glenn_r · 6 February 2009

Another SNAFU from the Krudd Govt, in todays mail I received a letter from the ATO explaining that to help small business the Gov has decided to give us a one off 20% reduction on the December quarter PAYG, but as they have already issued the BAS statements we must manually adjust Label T7 blah blah blah as the original PAYG amount is there, don't these Richard Craniums realise we have better things to do with our business time than try and work out their crap, as I bet we will have to pay it sooner or later anyway.

MrBurns · 6 February 2009

glenn_r said:
Another SNAFU from the Krudd Govt, in todays mail I received a letter from the ATO explaining that to help small business the Gov has decided to give us a one off 20% reduction on the December quarter PAYG, but as they have already issued the BAS statements we must manually adjust Label T7 blah blah blah as the original PAYG amount is there, don't these Richard Craniums realise we have better things to do with our business time than try and work out their crap, as I bet we will have to pay it sooner or later anyway.

That crap is their job. The more they can frustrate you with forms to fill out and "procedures" the better they like it , this is like an orgasm to them, more crap more prodedures more administation, they are the brick wall between you and success and happiness.

The Mafia has the right idea, they dont pay tax and they kill anyone who tries to make them, I just love the simplicity of it all.

Calliope · 6 February 2009

Have you noticed that K Rudd has modified his favourite cliche from;

shoulders to the wheel

to

all hands to the pumps

Is he preparing us for the next stage?

abandon ship

knocker · 6 February 2009

Calliope said:
Have you noticed that K Rudd has modified his favourite cliche from;

to

Is he preparing us for the next stage?

What no man the life boats? Of course not, because he and his merry band of labor thugs and missfits have all ready filled them. Thanks for nothing KRudd

Calliope · 6 February 2009

"Shovel ready" pigs at the trough.

http://www.smh.com.au/news/opinion/...y-lovely-crisis/2009/02/05/1233423403733.html

sassa · 6 February 2009

I have been waiting for Rudd,Swan or Tanner to apportion some blame for the delay of the stimulus to Brown,Fielding,Xenophon et al.Or is it only Turnbull?Or would slighting them cause some future passage of bills?The silence of the 3 amigos must mean that we do have a bipartisan parliament.

mayk · 6 February 2009

http://newmatilda.com/2009/02/06/my-what-big-package-you-have
My, What A Big Package You Have

The Government's $42 billion stimulus package is probably the most ambitious and sweeping public spending program since 1974, when Gough Whitlam bet the entire Commonwealth Budget on black, and is the sort of development that can restore people's faith in politics and make them feel that for once in their life, they have more money than they did yesterday.

Nyden · 6 February 2009

Turnbull on YouTube against the stimulus (sorry if already posted)

http://www.theaustralian.news.com.au/story/0,25197,25012287-12377,00.html

http://www.youtube.com/user/MalcolmTurnbullMP

Is that really such a harsh argument against the package? $9500 in debt for every Australian, in honesty - it doesn't sound like all that much to me. No matter what changes are implemented, with the way things are heading - we are going to have these levels of debts anyway! His main argument should be his disagreement of the current target sectors, and not the deficit racked up.

I would of course like to know that the money is well targeted, and that perhaps an amendment for cash-living retirees should be included in this, but overall I think it's a fair balance of a little bit of everything.

I guess what it boils down to (for me, at least) - is that I'd rather have $9500 in debt, with $2000 in my back pocket, as opposed to $9500 in debt, and no direct personal benefit at all.

I also find it somewhat hypocritical; that nearly every single first response to this package was probably along the lines of personal entitlement. "Do I get some of that money?" - was the question posed by most when this announcement was made. Upon discovering their lack of entitlement, many individuals seem to be angry at those of us who are going to receive it - and are describing us as dole bludging, bribed pigs at the trough!

I, for one - am glad that average people are receiving the money this time. Not just people of certain lifestyle choices (families), but most working individuals who contribute to tax!

Oh, and yes - it is a wise move to build infrastructure before it's needed. I'm sick of this boom-bust situation we have in Australia. Miners, and builders - earning six figure sums ... it was a joke.

gav · 6 February 2009

Check out this video from the ALP website:

http://www.alp.org.au/labortv/TFmNiVCncL

During the lead up to the election, Krudd says, and I quote:

"A number of people have described me as an economic conservative. When it comes to public finance, it's a badge I wear with pride."

How is putting our budget into a deficit in less than 1yr in office and spending $42B considered "conservative"?

What a joke...

Nyden · 6 February 2009

gav said:
How is putting our budget into a surplus in less than 1yr in office and spending $42B considered "conservative"?

Rudd putting us into a surplus? Surely you jest :

gav · 6 February 2009

Nyden said:
Rudd putting us into a surplus? Surely you jest :

Typo, I meant deficit :

knocker · 6 February 2009

So i guess some smart people will get the 950 and the first home owners and buy a cheapy in QLD Gives you about 15000$. No stamp duty on first home. Make a 20% deposit.

Buy a decent bedsitter for 90000$ in Cairns , or a 1 bedder for 140000$. Could even pay it off if you were on the dole. Or just live in it for 6 months rent 6 months a year and use for a holiday home. ;-) there's smart thinking:

mayk · 6 February 2009

Nyden said:
I guess what it boils down to (for me, at least) - is that I'd rather have $9500 in debt, with $2000 in my back pocket, as opposed to $9500 in debt, and no direct personal benefit at all.

I also find it somewhat hypocritical; that nearly every single first response to this package was probably along the lines of personal entitlement. "Do I get some of that money?" - was the question posed by most when this announcement was made. Upon discovering their lack of entitlement, many individuals seem to be angry at those of us who are going to receive it - and are describing us as dole bludging, bribed pigs at the trough!

I, for one - am glad that average people are receiving the money this time. Not just people of certain lifestyle choices (families), but most working individuals who contribute to tax!

Well put. I think it is for the best under current dire economic circumstances.

For those arguing about deficit or surplus (), it is the global economy stupid. If labor would have won the election in 2004, all this boom glory would have been on their shoulder. It is just the timing, and I think Labor is a sucker for good timing, they always trade government with liberals when the recession is starting or about to start, and end up in red.

For the most part of politics, I don't think any government would have done any different. It is just the nature of the game to score point at critical junctures.

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