The Gillard Government

dutchie · 7 June 2012

:70:

Garpal Gumnut said:
S_C,

I do not understand you. Posters on ASF which is a Stock forum, which any fair minded person with an ounce of intelligence would imagine would be replete with people who are conservative in thought and voting intentions, have given you much slack.

You persist in your attacks on the motives of posters. You have failed to connect with posters when some agreement could have been reached in that which all agree upon.

And lastly I wished you a Happy New Year on a PM, to which you failed to reply.

I feel you are daily dining upon a sh*t sandwich, which is giving you indigestion, and which you take out upon innocent liberal and conservative thinkers.

And for what it's worth, I think Swan should be congratulated for the numbers today, but you failed to start a thread on which I could express this, and congratulate him.

gg

A S F - Just feel the Conservative Love

joea · 7 June 2012

wayneL said:
Where did the growth come from and how was it achieved (I don't know so I am asking)?

wayne
I posted a link in "interest rates".
We are not sure who is penning in the numbers at ABS. Could be "gecko the clown".
No doubt they will explain next month.
It appears they have a record of going back and fixing their figures.
joea

joea · 7 June 2012

Well I know Labor always had their eyes on the money in the super funds, and the Future Fund for that matter.
Well that's a "no brainer" as Peter Costello warned us about that.

So now we see ALBO. chasing it.

http://www.afr.com/p/national/albanese_considers_selling_infrastructure_UXBsMQbBXSL4mMpQQLXIXL

joea

Calliope · 7 June 2012

wayneL said:
Where did the growth come from and how was it achieved (I don't know so I am asking)?

Here's your answer Wayne. Poor old Cynical was throwing a tantrum because no one was posting any Wayne Swan positives, so it is ironic that Swan is boasting about Labor's achievement, which results from the industry which they have declared war on.

Miners dig economy out of hole as GDP growth hits 4.3pc

WAYNE Swan has claimed vindication for his budget strategy after mining investment and strong consumer spending delivered the best growth in the Australian economy in four years.

http://www.theaustralian.com.au/nat...nomy-out-of-hole/story-fn59nsif-1226386849745

Knobby22 · 7 June 2012

It really deserves a seperate thread.
I'm busier than I have ever been at work.

There is a lot of fear which is causing pain but the reality is pretty good. Not fantastic but pretty good. It's not just the mining boom as the biased Australian tries to push.

Over the quarter Australians bought 4% more food, 6% more transport services, 3% more health services. Inflation rate is 0, household incomes grew 2.5%, savings stayed the same at 9.3%.

Next budget will be slightly contractionary with the carbon tax but as the poorer people get the cash I don't think it will be as bad as some make out.

I think we are not going to see too many more rate cuts.

Calliope · 7 June 2012

Knobby22 said:
There is a lot of fear which is causing pain but the reality is pretty good. Not fantastic but pretty good. It's not just the mining boom as the biased Australian tries to push.

Wrong again Knobs. My quote from the Oz said;

WAYNE Swan has claimed vindication for his budget strategy after mining investment and strong consumer spending delivered the best growth in the Australian economy in four years.

Knobby22 · 7 June 2012

I am sure they have the truth in the text but the headline is "Miners dig economy out of hole etc."

Julia · 7 June 2012

Mr Swan's hypocrisy as he struts around congratulating himself on the GDP figures is breathtaking, considering his recent vitriolic attacks on the source of much of this good fortune.

joea · 7 June 2012

Julia said:
Mr Swan's hypocrisy as he struts around congratulating himself on the GDP figures is breathtaking, considering his recent vitriolic attacks on the source of much of this good fortune.

I think June will be a interesting month for retail. The sales will give us an idea real quick, because they report back about their sales in the following week.
I think we are all hoping that our economy will recovery.
The first week in July will give us an idea.

+1 for above comment!
joea

joea · 7 June 2012

Julia said:
Mr Swan's hypocrisy as he struts around congratulating himself on the GDP figures is breathtaking, considering his recent vitriolic attacks on the source of much of this good fortune.

This maybe of interest!

http://www.afr.com/p/national/company_collapses_up_this_year_pressure_YcIX3WhE6XNLNN8LyljmuM

joea

joea · 7 June 2012

Just a bit about solar!

And people wonder why we comment on NBN!!

http://www.theaustralian.com.au/nat...-on-school-roofs/story-fn59niix-1226387595568

joea

bellenuit · 7 June 2012

Julia said:
Mr Swan's hypocrisy as he struts around congratulating himself on the GDP figures is breathtaking, considering his recent vitriolic attacks on the source of much of this good fortune.

These figures, which are to be welcomed, will pose a problem for Gillard/Swan down the track. They are not sustainable and there is plenty of anecdotal evidence that the economy is slowing, including mining to some extent. However, the more subdued figures will show up in the accounts from the current quarter onwards, particularly next quarter. This is when the carbon tax comes into effect.

So even if the carbon tax has no impact on the economy, which IMO will not be the case, the national accounts will show a slowing in the economy coinciding with the introduction of the carbon tax, because we will be coming off such a high base.

noco · 7 June 2012

Julia said:
Mr Swan's hypocrisy as he struts around congratulating himself on the GDP figures is breathtaking, considering his recent vitriolic attacks on the source of much of this good fortune.

Yes Julia, he is strutting around like a **** sparrow and talking like a gattling gun. Brrrrrrrrrrrrrrr.Rat a tat,tat.

numbercruncher · 7 June 2012

Im not sure I would want to be the next Governing term - they are going to be Governing over one hell of a mess ....

Hang on a minute ....

MrBurns · 7 June 2012

I love the wizard -

numbercruncher · 7 June 2012

Hmmm but Labor cant win the next election .... Near on impossible ..... Then Liberal inherit a screwed economy that gets worse - and the stupid people blame them and vote them out .... Sounds like a evil Labor plan to me - a one term break

MrBurns · 7 June 2012

numbercruncher said:
Hmmm but Labor cant win the next election .... Near on impossible ..... Then Liberal inherit a screwed economy that gets worse - and the stupid people blame them and vote them out .... Sounds like a evil Labor plan to me - a one term break

I've been sayng for a while I wouldn't like to be Abbott when he wins -

Wind back NBN, cant do it now.
Carbon Tax ?
Tell millions they wont be getting freebies in the mail

No it is not a job I'd be interested in.

drsmith · 7 June 2012

We can hardly leave it to Labor.

MrBurns · 7 June 2012

drsmith said:
We can hardly leave it to Labor.

No as usual the clean up work is left to the Libs.:swear:

joea · 8 June 2012

drsmith said:
We can hardly leave it to Labor.

I think if the Coalition get in, we will be reminded of Labor for some time.
It's a pity that some contractors went for money and not safety.
Or is this a story to get more money?

http://www.abc.net.au/news/2012-06-07/audit-raises-school-solar-power-safety-concerns/4058318

It has to stop one day surely!!

joea

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drsmith

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