Incorrect action is worse than no action at all, if indeed an action was necessary in the first place.
Action that damages economies and supplants production to less enlightened jurisdictions makes the global problem worse.
So in other words you are not man enough to admit that if you don't agree with someone then they are not reasoning.
Merely reversing the previous government's policies is not a forward-looking policy in itself.
But let's say it puts pressure on other countries to follow? Several Chinese provinces already have ETSes in place.
Like I said, it is easy to speculate but in reality one must accept that it is not possible to assess the full benefit of the policy until some point in time in the future.
I'm okey with saying that we tried and failed rather than saying we tried nothing at all.
"Thusly" - so now you're even making up words. What was wrong with "Thus"?Thusly
Oh, my goodness.Of course an intellectual such as myself
Me too.I wish Howard were still in...
In the meantime, Oz's competitive edge is destroyed, for nought.
Yeah good plan that... good try.
"Thusly" - so now you're even making up words. What was wrong with "Thus"?
Buddy, Australia's competitive edge has already been destroyed by the housing bubble created by LNP. The mining industry then took what was left of our competitiveness and molested it out of existence.
The so called carbon tax is irrelevant by comparison.
Nothing is wrong with it. Doesn't mean vanilla is the only flavour if ice-cream you should ever eat.
http://oxforddictionaries.com/definition/thusly?q=thusly
So I guess the Aussie LNP was responsible for the housing bubbles in Ireland, UK, Canada the United States , Spain and just about everywhere else in the western world... And the east for that matter.Buddy, Australia's competitive edge has already been destroyed by the housing bubble created by LNP. The mining industry then took what was left of our competitiveness and molested it out of existence.
The so called carbon tax is irrelevant by comparison.
Very clever wording there dear lady.Me too.
So I guess the Aussie LNP was responsible for the housing bubbles in Ireland, UK, Canada the United States , Spain and just about everywhere else in the western world... And the east for that matter.
Can you please explain how this is so?
That's your guess not mine, so I think it's up to you to explain it
Housing bubble was caused by long term low interest rates but sent to stratospheric heights by that useless waste of space Kevin Rudd who changed the FIRB laws to allow foreigners, Chinese mainly to buy real estate virtually without restriction THEN just to top it off gave out doubled or tripled , I forget which, the first home owners grant just to make sure everyone was sucked in to take out huge mortgages to keep the builders and estate agents happy.
The disaster is only now just starting to unfold.
Are you trolling? The bubble peaked shortly after ALP got re-elected as a result of the GFC. While I am not absolving ALP of all blame due to the FHOB which very temporarily halted the burst of the bubble, the fact of the matter is 99% of the bubble occurred under LNP leadership in large part because of their reckless policies of negative gearing and capital gains concessions for RE. This added to their inability to call out the central bank for fuelling a speculative bubble damn them permanently.
Negative gearing has been in for decades, the bubble was/is another largely Labor stuff up but this will lead to people being thrown out of their houses once interest rates have to rise and/or jobs go down the drain.
I can still hear the Labor pollies chanting the "ÿou must get into the market" lie.
Are you absolutely mad? How about you look here
http://www.whocrashedtheeconomy.com/realhouseprices1880to2012.png
And see with your eyes (if you happen to have any) that the bubble occurred under the Howard Government.
Are you absolutely mad? How about you look here
http://www.whocrashedtheeconomy.com/realhouseprices1880to2012.png
And see with your eyes (if you happen to have any) that the bubble occurred under the Howard Government.
Burnsie's point is that NG and depreciation existed a long time before the bubble. In fact NG was reinstated by Hawke/Keating's Labor.
The fact that the Aus bubble coincided with a global bubble should alert you to possible extraneous factors other than the above.
Alas, this appears to be beyond your powers of comprehension.
I was an estate agent for 20 years pal, I know whats what
the bubble only became a real problem under Labor
Arguably true that the full effects can't be assessed in advance for this or any other policy.Like I said, it is easy to speculate but in reality one must accept that it is not possible to assess the full benefit of the policy until some point in time in the future.
I'm okey with saying that we tried and failed rather than saying we tried nothing at all.
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