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The Abbott Government

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sydboy007 said:
* Australian GDP is still growing - 2.3% on the latest figures. GDP per capita isn't so flash and hasn't been for over a decade.

* Income growth has been falling for an extended period - at lowest level in a very long time.

* Abbott made $16B in new spending commitments in the current budget. This was offset by savings so that the budget deficit improves by $1.6B over 5 years. Not much deficit busting effort there me thinks.

* Looking at close to $18B in spending cuts so I don't think you can claim that no spending cuts have been allowed.

* Yup, we're turning into a banana republic faster than I thought possible. I wonder how long before we get kids like this pinoy boy in Australia

http://www.telegraph.co.uk/news/wor...of-him-studying-on-the-street-goes-viral.html
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I really can't be bothered getting down to finger pointing, I think it is way past that.:D

Pulling up a load of stats to support argument, doesn't help, when the the game is lost.:xyxthumbs

In Perth , from my personal observations, the Aussies are getting pushed out into the outer suburbs, and I don't think Labor or Liberal can stop it.

Believe it or not, I think the welfare system accelerates it, because Aussies don't work as a family unit like Asians and Indians do. Their strong family unit model works extremely well, by maximising income and spreading the burden of outgoings.:xyxthumbs

We, being of the belief you have to paddle your own canoe, tend to have a segregated family unit, this is much harder to support financially.

Anyway like I said, keeping the argument at a political party level, will end up with the same outcome.IMO

There needs to be a massive shift, in what is realistically achievable and affordable, neither side of politics is accepting that.

Untill they all get over their self interests, and face reality, nothing is going to stop the spiral.

Just read your post, gdp growth, spending cuts, wages falling and its still going backwards.
 
sptrawler said:
I really can't be bothered getting down to finger pointing, I think it is way past that.:D

Pulling up a load of stats to support argument, doesn't help, when the the game is lost.:xyxthumbs

In Perth , from my personal observations, the Aussies are getting pushed out into the outer suburbs, and I don't think Labor or Liberal can stop it.

Believe it or not, I think the welfare system accelerates it, because Aussies don't work as a family unit like Asians and Indians do. Their strong family unit model works extremely well, by maximising income and spreading the burden of outgoings.:xyxthumbs

We, being of the belief you have to paddle your own canoe, tend to have a segregated family unit, this is much harder to support financially.

Anyway like I said, keeping the argument at a political party level, will end up with the same outcome.IMO

There needs to be a massive shift, in what is realistically achievable and affordable, neither side of politics is accepting that.

Untill they all get over their self interests, and face reality, nothing is going to stop the spiral.

Just read your post, gdp growth, spending cuts, wages falling and its still going backwards.
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If it's family structure like you're saying, how then does the gov't change that or could be at fault? Or how is that the Asian's fault anyway?

i thought Jewish and Italian and Arabs also have closed-knit family structure. Yea, Caucasians are stuffed :)

Seriously though, there's good and bad in both but I find that most Asian kids would want to move out and be independent like their caucasian friends... just it's a bit tougher on the parents to adjust to it; and most couldn't nowadays because they, like most kids, just don't have the money.
 
luutzu said:
If it's family structure like you're saying, how then does the gov't change that or could be at fault? Or how is that the Asian's fault anyway?

i thought Jewish and Italian and Arabs also have closed-knit family structure. Yea, Caucasians are stuffed :)

Seriously though, there's good and bad in both but I find that most Asian kids would want to move out and be independent like their caucasian friends... just it's a bit tougher on the parents to adjust to it; and most couldn't nowadays because they, like most kids, just don't have the money.
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Collectivism versus individualism.

About the only things we Australians consider worth banding together for is sport, parties and politics ... all of them pretty useless pursuits (in terms of wealth creation).
 
Hopefully another QANDA episode without an LNP sook.

Be interesting if old brand Liberal Hewson has a few words about the Abbott clan and the psychosis that has paralysed it from speaking to the people, on the people's tv station.
 
Tisme said:
Hopefully another QANDA episode without an LNP sook.

Be interesting if old brand Liberal Hewson has a few words about the Abbott clan and the psychosis that has paralysed it from speaking to the people, on the people's tv station.
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Tony Jones will be lost tonight without be able to bung on a "GOTCHA" act....He will still stack his audience with 100% lefties as he normally does.

Tony Jones can stick his show where the Sun don't shine.
 
noco said:
Tony Jones will be lost tonight without be able to bung on a "GOTCHA" act....He will still stack his audience with 100% lefties as he normally does.

Tony Jones can stick his show where the Sun don't shine.
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The only way a leftie can get in is by professing to be a Liberal..... blue bloods don't like pleb crowds so there's always plenty of seats in their stalls.:D
 
Tisme said:
Hopefully another QANDA episode without an LNP sook.

Be interesting if old brand Liberal Hewson has a few words about the Abbott clan and the psychosis that has paralysed it from speaking to the people, on the people's tv station.
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It will be as boring as watching paint dry without someone to mock and deride.
 
Seems like the grocery industry code of conduct has failed to protect the economy yet again.

http://www.abc.net.au/news/2015-07-...ted-by-50000-permits-for-q3-indonesia/6614826

Australia’s northern cattle industry has been told the Indonesian Government will be issuing just 50,000 cattle import permits for the current third quarter (Q3).

The permits are still yet to be released, but news of the low allocation started to flow through on Friday evening, with one cattle exporter telling ABC Rural the result was “absolutely devastating” and would cause a “huge shipping headache”.

The allocation for the July to September quarter is well down on the 200,000 head which exporters and importers had been lobbying for, and is well off the 250,000 permits allocated the quarter before.

Tracey Hayes, from the Northern Territory Cattlemen’s Association, said the low allocation had caught the industry by surprise.

“It was predicted to be quite a bit higher. Around 200,000 permits [for Q3] was the number we were expecting. So it has been surprising to hear reports of 50,000,” she said.
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Note to Abbott. You can't just pay the smugglers, you have to pay off the various officials back in Indonesia as well. Hopefully an orange boat filled with pineapples will sort things out and get the beef flowing again.
 
trainspotter said:
Shorten memory must have a shooooort memory ,,,,,

When John Howard left office, the nation had a gross debt of $58 billion and a net position of $44 billion in the black.
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Rivers of revenue gold and sold off 70 bill + of assets..............yep economic genus.
 
Tisme said:
Collectivism versus individualism.

About the only things we Australians consider worth banding together for is sport, parties and politics ... all of them pretty useless pursuits (in terms of wealth creation).
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Yea, for a group that aren't much good you guys sure did a number on the world's other civilisations :D

Not only does Caucasians dominate and beat every other empires on every measure - doing it for the past 500 years and still going; whinging and playing the victim card is also the game they're winning too.

You have got to give some people a chance man - it's call good sportsmanship. I mean, even the Aborigines are being made to feel like they're gaming the system and having it too good.
 
IFocus said:
Rivers of revenue gold and sold off 70 bill + of assets..............yep economic genus.
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Probably about as smart, as Rudd throwing hands full of cash out the window, midway through a resources boom.

Neither party has shown it has a monopoly on intelligence, more like a mutual desire to stay in office, at any cost.:D
 
IFocus said:
Rivers of revenue gold and sold off 70 bill + of assets..............yep economic genus.
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Simple Phillips Curve Economics old **** ...

The Phillips curve represents the relationship between the rate of inflation and the unemployment rate. Although he had precursors, A. W. H. Phillips’s study of wage inflation and unemployment in the United Kingdom from 1861 to 1957 is a milestone in the development of macroeconomics. Phillips found a consistent inverse relationship: when unemployment was high, wages increased slowly; when unemployment was low, wages rose rapidly.
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http://www.econlib.org/library/Enc/PhillipsCurve.html

http://insidestory.org.au/the-howard-impact

The process of averaging the unemployment rates within each leader’s term flatters Whitlam (the long-term deterioration began towards the end of his watch) and maligns Hawke, who made rapid progress in reducing the 10 per cent unemployment rate inherited from Fraser, but then presided over his own recession, which caused the rate to reach a new cyclical peak of 11 per cent early in Keating’s term. The improvement under Howard was considerably better than in the selected countries as a whole.
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Jobs, jobs, jobs ... Creates stimulus.

When will TA get a grip on this simple thesis? :banghead:
 
trainspotter said:
Simple Phillips Curve Economics old **** ...



http://www.econlib.org/library/Enc/PhillipsCurve.html

http://insidestory.org.au/the-howard-impact



Jobs, jobs, jobs ... Creates stimulus.

When will TA get a grip on this simple thesis? :banghead:
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DEBT BBBAAADDDDDDDD

Until Abbott can get around that lie there's no money for infrastructure investment.

IA has a few decently large projects on it's books that could be productivity enhancing and self liquidating over time.

I just don't think the public will accept such a u turn on debt from Abbott. Then again throw enough pineapples at the voters and they seem to be a forgiving bunch.
 
sydboy007 said:
Seems like the grocery industry code of conduct has failed to protect the economy yet again.

http://www.abc.net.au/news/2015-07-...ted-by-50000-permits-for-q3-indonesia/6614826



Note to Abbott. You can't just pay the smugglers, you have to pay off the various officials back in Indonesia as well. Hopefully an orange boat filled with pineapples will sort things out and get the beef flowing again.
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Well Indonesia did say they were going to reduce their dependence on Australian beef, after the embargo was put on a few years back.:rolleyes:

It may not happen overnight, but it will happen.
 
sptrawler said:
Well Indonesia did say they were going to reduce their dependence on Australian beef, after the embargo was put on a few years back.:rolleyes:

It may not happen overnight, but it will happen.
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If we are stupid enough (and we are) to keep having infractions with our closest large neighbor then is it any wonder they prefer to get their beef from the USA and NZ?
Under Labor we have cut off their cattle flow, spied on their Prime Minister and his wife, the famous Abbott insult, the paying of smugglers to return to Indonesia etc. etc. We are so dumb.
 
Nothing will prepare you for THIS ....

abbott.jpg
 
trainspotter said:
Nothing will prepare you for THIS ....

View attachment 63442
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I posted about this days ago

No one cared.

We'll be a Chinese client state in short order. The only jobs left for us will be sweeping the streets and clipping the toe nails of the wealth colonists.

But hey, we're open for business, just as long as it's a pollution industry. Anything green tech will receive only Govt obstructionism.

You just need 15% of Chinese investment in a project of $150M or more to get coverage via the FTA. I can see a lot of small stakes in projects by the chinese to broaden their reach and limit opposition, while companies from other countries will likely love the idea of flooding the market with 457 visa holders from China to supplant less compliant local workers.
 
SirRumpole said:
Yeah, great , so not only do we have to have their dodgy materials in our homes, offices and factories, we have to have their dodgy tradesman as well. Sheesh ! and for what ?
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Photo op for Abbott and Bishop signing our future way of life away.

Sadly I can see Labor soap boxing for a day then rubber stamping this sellout, just as when we finally see how badly bent over we are with the TPP they will wave that through as well.
 
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