The Abbott Government

Tisme · 3 March 2015

noco said:
Abbott's best asset will be the Victorian and Queensland Labor governments...History will repeat itself in both states.

I note the Labor Party in NSW has parroted the Queensland and Victorian governments...they cannot help themselves with negative rhetoric....the Abbott factor and the tired old propaganda..."DON'T LET THE LIBERALS SELL OUR ASSETS".
iT ...It is like a broken record.

Assets have to be sold or leased to pay back Labor's bad debts...The Green/Labor left wing socialists have no idea how to handle finances.

Well seeing as the LNP were voted out because of their arrogance, cronyism, over policing and tin ears, the assets sell off is rather a non issue in the scheme of things. Campbell was a just another Rob Borbidge moment of dipping toes in the water to see if the LNP had changed it's ways and it hadn't.

Looking at their counterparts Federally and in other states it seems at least the inability to tune into the electorate dynamics and imperatives shows the dangers of stoic conservatism in a rapidly changing needs based nation. Even Howard had to give away his dream of a lazy 1950s lifestyle for all.

Tisme · 3 March 2015

noco said:
Labor's left wing supporter Gillian Trigg gave false information in her report to suit Labor and I have no doubt that other reports follow the same pattern.

The tragedy in the matter is the willingness of servile people to slavishly feast on the corpses of free thinkers who upset the ruling class.

Tisme · 3 March 2015

SirRumpole said:
Can you really describe a Right Wing Christian Conservative as "libertarian", when they oppose such things as abortion, the right to die and Gay Marriage ?

"Cory Bernardi a libertarian" is an oxymoron.

Cory is old school Roman Catholic through and thru. I would hazard a guess he would fit very well into a Mediterranean patriarchal family model.

Tisme · 3 March 2015

Knobby22 said:
American writers, political parties and think tanks adopted the word libertarian to describe advocacy of capitalist free market economics and a night-watchman state.

A night-watchman state, or a minimal state, is variously defined by sources. In the strictest sense, it is a form of government in political philosophy where the state's only legitimate function is the protection of individuals from assault, theft, breach of contract, and fraud, and the only legitimate governmental institutions are the military, police, and courts. In the broadest sense, it also includes various civil service and emergency-rescue departments (such as the fire departments), prisons, the executive, the judiciary, and the legislatures as legitimate government functions.

(from Wikapeadia)

I was once ripped off on one of my many jaunts to the USA over a product purchase in New York. I was so infuriated I went to see a govt type to demand consumer justice and found there was no real consumer protection (buyer be ware), but this fella pursued it and pursued it and actually succeeded in getting money back for me .... he was as surprised as I was and it made me think there might be a case for less enshrined justice and more need for the right people for the right job.

Tisme · 3 March 2015

drsmith said:
The reference could be the difference between private sector and public sector wage outcomes over that period.

A question though in relation to that is whether or not the public sector operates under longer enterprise agreements than the private sector as a whole. The private sector dip in growth was quiet short and it doesn't appear that the public sector trend had an influence on the overall outcome over that period which is odd relative to the rest of the graph.

You didn't read my post.

Various private sectors have been under duress for some time. This is especially true in the commercial construction industry where major majority engineering companies have closed up due to the inability to make a profit. Many hoped to trade out, but it was futile, some hangers on have resorted to capital raising and sellout to multinationals looking for vertical and/or horizontal integration. There is still some shakeout yet to come.

noco · 3 March 2015

drsmith said:
Debt fuelled Howard years ??

That really is stretching it when it comes to excuses for Labor's debt and deficits.

+1...Doc, the lefties don't want to talk about that...They are still in denial as to what happened in 2007/2013.

Oh yes, the GFC was the excuse.

orr · 3 March 2015

Debt fuelled Howard years ?? ... no wonder you have trouble with the hard questions.

The fact that Howard dumped debt on the future is not even a contested idea. The structural deficit engineered by Howard and bullied into place over his lily livered treasurer is the 'big chicken' that's come home to roost on this governments all to inept financial dullards... glorious to watch.

When eventually we get an RC onto the antics of the Financial Sector, we can always build more exorbitantly expensive space to camp the miscreants in our gulags, it the lest they deserve. Padded through life. padded for life.

drsmith · 3 March 2015

orr said:
Debt fuelled Howard years ?? ... no wonder you have trouble with the hard questions.

The fact that Howard dumped debt on the future is not even a contested idea. The structural deficit engineered by Howard and bullied into place over his lily livered treasurer is the 'big chicken' that's come home to roost on this governments all to inept financial dullards... glorious to watch.

When eventually we get an RC onto the antics of the Financial Sector, we can always build more exorbitantly expensive space to camp the miscreants in our gulags, it the lest they deserve. Padded through life. padded for life.

The self proclaimed fiscal conservatives that took over didn't seem to mind the Howard Government's fiscal settings. So happy were they in fact that they opened our borders to people smugglers to the tune of over $12bn and still counting and that amongst a broad range of other fiscally wasteful policies for the wishful thinking. While the Howard governments fiscal settings weren't as robust as they should have been in its latter years, it's Labor's chook more than it is anyone else's. Wayne Swan's constant denial in his budget surpluses wasn't glorious to watch in any sense. To this day, Labor still lives in denial with the blockage of its own savings in the senate, being happy to reignite the people smuggling business and its overall unfunded empathy.

As Peter Costello said, if it wasn't handed back to the taxpayer Labor would have wasted it. History proved him right on that even much more than we dared to dread and to this day despite the growing debt, Labor still fail to learn.

Logique · 3 March 2015

So Medicare co-payment is officially gone as of today, and good riddance.

Here's how to make savings on Medicare.
Curb:
- over-prescribing,
- over-radiology testing
- over-pathology testing

And get all patient records onto high speed internet, so GPs don't need to request unnecessary testing.

You're welcome Minister Ley.

drsmith · 3 March 2015

Logique said:
So Medicare co-payment is officially gone as of today, and good riddance.

Here's how to make savings on Medicare.
Curb:
- over-prescribing,
- over-radiology testing
- over-pathology testing

And get all patient records onto high speed internet, so GPs don't need to request unnecessary testing.

You're welcome Minister Ley.

A big issue was how they went about it and about the subsequent contortions. Susan Lea even suggested recently a tiered co-payment based on ability to pay (income). I was trying to imagine the administration of that.

The CPI indexation freeze of the current rebate will hopefully over time help bring the medical profession to the table.

orr · 3 March 2015

drsmith said:
The self proclaimed fiscal conservatives that took over didn't seem to mind the Howard Government's fiscal settings. So happy were they in fact that they opened our borders to people smugglers to the tune of over $12bn and still counting and that amongst a broad range of other fiscally wasteful policies for the wishful thinking. While the Howard governments fiscal settings weren't as robust as they should have been in its latter years, it's Labor's chook more than it is anyone else's. Wayne Swan's constant denial in his budget surpluses wasn't glorious to watch in any sense. To this day, Labor still lives in denial with the blockage of its own savings in the senate, being happy to reignite the people smuggling business and its overall unfunded empathy.

As Peter Costello said, if it wasn't handed back to the taxpayer Labor would have wasted it. History proved him right on that even much more than we dared to dread and to this day despite the growing debt, Labor still fail to learn.

Ohh, so the debt of the Howard years now comes into clouded view , even to you.
Poor forward thinking, it's not what a government is there for.

It is a lot easier to give things than to take them away; try an ice cream and a kiddie some time.
Also the above posted unemployment stats do illustrate something. Close to the heart of the right nut-job ideologues is the desire to see again in an economic down turn, the machine gun nests that Henry Ford set up out side his plants in the US circa 1930... Ahhh the motivation of starvation . And so we see trumpeted by our current Gov's Fiscal Fools, 6 months of 'cold kikuri soup' for the young unemployed.
And for the achievements, that still stand, of previous administration; From just the NBN and plain packaging of cigarettes. What is a 21st century communications network worth to this country, care to hazard a guess over the next 30 to 50 years . These alone will deliver more to this Nation than.......... and here I'm struggling to think of anything LNP has put in place in this or it's previous administration. oh! there is the Darwin/aAdelaide Ghan, what's the return on investment there?
I know we'd all luv to beat to death the poor hungry brown wretches of the world with shovels to save the difference on the monthly payment between an Audi and a Commodore, but wasn't always thus, hey doc.

Your infrastructure 'Captain Clown shoes' can't get his head around to the fact that, 'for best results, you play to strengths', he's even deaf to the advice of Lin Fox, for an investment of $5 billion the country can have the 'budget' version of the Melb/Bris freight rail. An agricultural Rural and logistical Nation building artery par excellence.

drsmith · 3 March 2015

orr said:
Ohh, so the debt of the Howard years now comes into clouded view , even to you.
Poor forward thinking, it's not what a government is there for.

The above is not the first time I've been critical of elements of the Howard Government's fiscal stance but the debate there is between two points of headline surplus and a nation with money in the bank, not the huge debt and deficits that Labor raked up.

Labor followed the Howard government with 6-years in office. That's 6-years to modify the fiscal settings from which they largely agreed as broader economic circumstances changed.

Poor forward thinking is not what a government is there for and even in opposition, Labor can't grasp that.

Tisme · 3 March 2015

I noticed the poll showing an increase in Abbott's popularity was a furphy. Somebody in his office didn't get to the other pollsters in time it seems.

sydboy007 · 3 March 2015

drsmith said:
Debt fuelled Howard years ??

That really is stretching it when it comes to excuses for Labor's debt and deficits.

The debt no one dears to speak of.

Tisme · 3 March 2015

sydboy007 said:
View attachment 61836

The debt no one dears to speak of.

Hawke's fault?

You mean that surplus Howard left was actually cash at bank and not profit ...damn who woolda think it

drsmith · 3 March 2015

sydboy007 said:
The debt no one dears to speak of.

What debt is that ?

Net federal government debt ??

A log scale at least would put it into the appropriate context over such a long timeframe.

sptrawler · 3 March 2015

drsmith said:
What debt is that ?

Net federal government debt ??

A log scale at least would put it into the appropriate context over such a long timeframe.

No doc that would be all debt, when people decided that their house was a hamburger and required flipping, every few years for a profit.

Bit of a ponzi scheme, but now the new punters aren't happy with the risk/ return odds.lol,lol

McLovin · 3 March 2015

drsmith said:
What debt is that ?

Net federal government debt ??

A log scale at least would put it into the appropriate context over such a long timeframe.

That's the debt of an economy that runs a budget surplus and a CAD.

drsmith · 4 March 2015

I thought the numbers were a bit big even for Labor's debt and deficits.

sydboy007 · 4 March 2015

drsmith said:
What debt is that ?

Net federal government debt ??

A log scale at least would put it into the appropriate context over such a long timeframe.

That's the economy wide net debt.

Just seems funny that the panic over the Federal debt gets so much newsplay, but the fact the economy has so much private debt sloshing around in it and no one seems to care.

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