Knobby22
Mmmmmm 2nd breakfast
- Joined
- 13 October 2004
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Yes Knobby, wr must look to the Labor Party for the untainted
Beautifully white-anted. No one wants to talk about it so let's leave it at that.
Yes Knobby, wr must look to the Labor Party for the untainted
Knobby, perhaps it's not that no one wants to talk about it, but rather that what has emanated from the Budget is a complex and - at least for me - puzzling picture.No one wants to talk about it so let's leave it at that.
Although by itself the level of debt doesn’t matter much, it matters for what it does to the annual budget deficit. Once negligible, net interest payments are now about $9 billion. That’s an extra expense the budget didn’t used to have. It is set to climb to $13 billion in two years’ time as more deficits mean more borrowing, which means even bigger interest payments in future budgets.
Read more: http://www.smh.com.au/federal-polit...is-bleeding-20140503-zr3mo.html#ixzz328TJG8Ii
Knobby, perhaps it's not that no one wants to talk about it, but rather that what has emanated from the Budget is a complex and - at least for me - puzzling picture.
You earlier said that you wanted to live in a society where the aged received pensions and university education was available and affordable for your children. And a few other advantages which I can't now recall.
I don't think there would be anyone in Australia who would not share that desire, but the reality is that we cannot pay for delivery of these, plus the new NDIS, Gonski etc, as the population ages with fewer workers being required to support ever increasing numbers of retirees plus the added burden of health care for this older population as it inevitably blows out.
We are borrowing money to pay the interest on our borrowings.
No one wants to pay more tax. No one wants a cut in services. But apparently there is still an expectation that we can enjoy all the privileges we have thus far, that somehow the government will magically find a bucket of money somewhere that will affect no one.
Much of the disquiet - apart from the confected outrage about the broken promises - comes, as I perceive it - from the inequity involved insofar as who will be most badly affected by the government's proposals.
eg we have high youth unemployment, especially in the regions where in some places it's up to around 40%.
So the stand down and very low payments for people who cannot find work right up to age 30 seem extremely harsh and could see real distress in many young people.
At the same time, I'm all for young people being pushed harder to find work as we see more and more multi generational welfare which is bad for the individuals and bad for Australia.
Then there's the hypocrisy, another trait Australians really hate. How is it possible that our government can be so tough on young people yet ready to provide a still very generous PPL. Wouldn't it be reasonable to let families decide for themselves when they can afford to have children and fund it when they can afford it, rather than see more young people homeless?
And when people are genuinely worried about how they'll cope with the reductions, is it really a good look for Mr Hockey and Mr Cormann to be happily puffing cigars where the media can photograph them? Like it or not, the smoking of cigars when the people have looks of such satisfaction on their faces creates the sense of self satisfaction.
Then Mr Truss hardly helped by criticising pensioners who 'lived the high life on cruises' etc and then accessed the age pension. I wonder how many really intentionally save for their retirement, then decide to blow the lot for the privilege of counting every dollar on what will inevitably a contracting amount of pension? I don't think too many. And if someone has worked hard for many years, saved diligently throughout that time, then wants to use some of their own money to have a holiday, then it is not the business of the Deputy Prime Minister.
If the government want to preclude what Mr Truss has alleged is happening, then they will need to legislate for some of Super to be taken as an income stream.
So, it's my impression that most people are shocked at the extent of the proposed changes, but even more at the apparent unfairness of where the axe is to fall.
And then there will of course be those who will continue to live in a hazy state of denial, no comprehension of the financial trajectory ahead as designed by Labor, and refuse to believe that any adjustment is required.
I think the government will have to come up with a very good tax package, that enables them to tone down the cuts, in the very near future
Knobby, perhaps it's not that no one wants to talk about it, but rather that what has emanated from the Budget is a complex and - at least for me - puzzling picture.
Then Mr Truss hardly helped by criticising pensioners who 'lived the high life on cruises' etc and then accessed the age pension. I wonder how many really intentionally save for their retirement, then decide to blow the lot for the privilege of counting every dollar on what will inevitably be a contracting amount of pension? I don't think too many. And if someone has worked hard for many years, saved diligently throughout that time, then wants to use some of their own money to have a holiday, then it is not the business of the Deputy Prime Minister.
Yes good post Julia, no one doubts something should be done,but as well as the hypocrisy you pointed out there is also the blatant lying.
Apart from the nasties people have to endure, I wonder if genuine Liberal party supporters are privately shuddering that this militant extremism by Abbott may have made their party un-electable in the future. Abbott is a fool if he thinks that people will forget this blatant fraud.
Just one issue to chew on, the following report points out that Australians pay the highest cost for medicines in the Commonwealth. Why isn't this government doing some work to find out why and bring them down, instead of just jacking up prices for those who have no alternative but to pay ?
http://www.abc.net.au/news/2013-12-...-14-times-more-for-prescription-drugs/5128028
Speaking of telling lies I find this really unconscionable behaviour from an Australian PM.
Abbott has always operated in this way hence my complete dislike of the man at any level but even I expected he would change gears once elected.
Tony Abbott now admits $1.8bn in hospital cuts will begin from July
Prime minister backs down on claim that cuts to public hospital funding agreements would not take effect for three years
http://www.theguardian.com/world/2014/may/19/hospital-cuts-begin-july-tony-abbott-admits.
So what is your opinion of Juliar......'THERE WILL BE NO CARBON TAX UNDER A GOVERNMENT I LEAD'.
Get this noco, GILLARD IS GONE. We have to deal with what remains, as Phony Tony will have to deal with what remains of his budget after the Senate trashes it.
Sorry, but I believe in helping people who need it.
I want my kids to have the opportunity to go to Uni. I want my parents to be able to live off the pension.
FAR worse than anything in the Budget is the class war that reckless politicians and journalists are waging against it.
Bwwwaaaaa !!!
Class warfare ? Who started that I wonder ?
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