- Joined
- 23 November 2004
- Posts
- 3,974
- Reactions
- 851
The spending is the easy part. It p****s me off when Swan goes around saying they made the hard choices and claim credit for keeping us out of recession, when they have just done the easy bit. The hard bit is getting us back to where we were, but at best they can only keep us treading water where we currently are and with great pain. I don't understand why so many political and financial commentators allow Swan to get away with that claim.
The other thing that p****S me off is those that say Labor has saved us from the effects of the GFC. If they get us back to where we were 5 years ago, with the surplus we had 5 years ago (not current account but public savings in the kitty) and we do not have some sort of recession, then they can claim they saved us from the effects of the GST. But all they have done up to now is the easy bit. They have spent our savings. They need to restore our savings to where they were before they can claim success.
If I am a household and have $100K in savings and then times turn bad. If I keep the food on the table by spending the $100K as well as spending another $200K that I borrowed, I can't go around boasting what a great financial manager I am because no one yet has gone hungry. It's when I no longer borrow more and return my savings to where they were and still keep food on the table that I should be able to start boasting about my financial prowess.
The spending is the easy part. It p****s me off when Swan goes around saying they made the hard choices and claim credit for keeping us out of recession, when they have just done the easy bit. The hard bit is getting us back to where we were, but at best they can only keep us treading water where we currently are and with great pain. I don't understand why so many political and financial commentators allow Swan to get away with that claim.
So true. I doubt too many voters actually realise this, though.The other thing that p****S me off is those that say Labor has saved us from the effects of the GFC. If they get us back to where we were 5 years ago, with the surplus we had 5 years ago (not current account but public savings in the kitty) and we do not have some sort of recession, then they can claim they saved us from the effects of the GST. But all they have done up to now is the easy bit. They have spent our savings. They need to restore our savings to where they were before they can claim success......
If I can find a version that will open, I will post it.
joea
Now it appears strange that they all do it, as if they have been instructed to do it.
joea
They have, it's a tactic to deal with every question without answering it.
My bold - that has always been the part that the Liberals have had to do.
The other thing that p****S me off is those that say Labor has saved us from the effects of the GFC. If they get us back to where we were 5 years ago, with the surplus we had 5 years ago (not current account but public savings in the kitty) and we do not have some sort of recession, then they can claim they saved us from the effects of the GST. But all they have done up to now is the easy bit. They have spent our savings. They need to restore our savings to where they were before they can claim success.
But hey don't let the facts get in the way
The only fact you need to get through your head is that Gillard and the entire Labor party is universally hated by millions of Australians for good reason.
That's not a fact, it's an exaggeration.
Look up the definition of universally.
Look up the definition of universally.
No matter what the circumstances. If you can't form government, so be it.
The only fact you need to get through your head is that Gillard and the entire Labor party is universally hated by millions of Australians for good reason.
The issue is on the revenue side which has dropped significantly unlike for Costello and Howard where it only ever increased during which time they handed out massive middle class welfare.
But hey don't let the facts get in the way
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?