Australian (ASX) Stock Market Forum

The Wasteful Liberals

IFocus

You are arguing with a Galah
Joined
8 September 2006
Posts
7,676
Reactions
4,772
59 Abrahams M1 tanks... They'll come in handy for something.

Gifts of multi million$$ Rugby league stadiums that are used as intended but a few times a year, whilst in their immediate precincts pensioners can't get up or down from foot path to road on a mobility chair for lack of a layback.

Wasted lives on a debauched anti drug crusade.

Billions in public money to unsustainable car manufacturing with no R&D covenants

Ahh the aspirational glory days... Soon to return?
 
The small print

'The Rudd government's stimulus spending during the financial crisis doesn't rate as profligate because the measure makes allowance for spending needed to stabilise the economy.'

Just sayin'
 
So, if the liberals are wasteful in your opinion, IF, where does that leave labor?

They inherited about 20 billion in cash only 5 years ago and are now about $260 billion in debt with annual interest running around $12 billion.

And what about the waste in pink batts, over priced school halls and tuckshops, billions being spent on boat arrivals which the PM is unable or won't fix. There is a long list of labor waste.

It seems you are simply trolling with this thread header, IF. Labor's waste is far more horrific than any waste I have ever seen under the libs.

Definition of internet trolling:

In Internet slang, a troll (pron.: /ˈtroʊl/, /ˈtrɒl/) is someone who posts inflammatory,[1] extraneous, or off-topic messages in an online community, such as a forum, chat room, or blog, with the primary intent of provoking readers into an emotional response...

http://en.wikipedia.org/wiki/Troll_(Internet)
 
Adelaide State labor

$2 billion on a Desal plant.
Now Mothballed---we dont use it.

Liberal---waste???

All governments bleed $$s.
 
Clearly, IF is trying to make labor's waste not look so bad...:D:D:D

How's this for waste? 19 schools measuring 3m x 8m (barely bigger than a cubby house) and costing between $550,000 and $600,000 each. What a rip off and horrendous waste from LABOR.

And yet the government is risking kids being put into more poverty simply to save around $170 million per year over 4 years and yet threw many times more than that at these miniature and rather useless buildings.

BARELY bigger than a cubby house, canteens built under the federal government's schools stimulus scheme are costing taxpayers $25,000 a square metre.

In NSW, 19 of the school tuckshops measuring 3m x 8m will cost between $550,000 and $600,000 each.

Read more: $550,000 canteen too small for a pie warmer



And this $600,000 dolls house for a canteen?

tuckshop-420x0.jpg

Read more: $600,000 school tuckshops are 'unusable'
 
Adelaide State labor

$2 billion on a Desal plant.
Now Mothballed---we dont use it.

Liberal---waste???

All governments bleed $$s.

We have one of those in Vic now thanks to Labor. Not to forget our great Myki system ...

Almost wish that we had adopted the NSW Labor system where all the political effort was spent on allegedly enriching the Obeid family.
 
Adelaide State labor

$2 billion on a Desal plant.
Now Mothballed---we dont use it.

Liberal---waste???

All governments bleed $$s.

State Labor built the 1st one here in WA Libs built the 2nd one and expanded and we still don't have enough water?
 
The small print

'The Rudd government's stimulus spending during the financial crisis doesn't rate as profligate because the measure makes allowance for spending needed to stabilise the economy.'

Just sayin'

Mining shed 19% of its work force during the GFC how do you think it would have gone if retail and construction did the same?
 
Howard in the last election campaign was throwing money around like a drunken sailor, indeed he was wasteful
 
You are certainly trolling. As you were when you said that to call Gillard a liar was a lie. You make a practice of making statements, you know are not true, simply as provocation.
 
I would agree that the libs splashed the cash in the later years.

After paying down the huge debt incurred by Labor I think they were entitled to spend a bit to appease their supporters who had gone without while the debt was repaid.

The amazing waste of Labor since taking power is totally opposite, badly overdone and poorly aimed stimulation which has saddled the next generation with our debt so that Labor can look good.

Don't they like their own kids ?
 
You are certainly trolling. As you were when you said that to call Gillard a liar was a lie. You make a practice of making statements, you know are not true, simply as provocation.

All governments waste money but according to the IMF the Howard Govt was the worst.

We are still saddled with his middle class welfare hand outs that are unsustainable. So I am not sure who the troll is here?

http://www.smh.com.au/opinion/political-news/howard-rejects-imfs-big-spender-tag-20130111-2ck3z.html
 
You are certainly trolling. As you were when you said that to call Gillard a liar was a lie. You make a practice of making statements, you know are not true, simply as provocation.

Gillard broke a promise or undertaking that is not a lie if it is then Howard was the biggest liar ever remember non core promises?

There are many here who are concerned with some of the English mistakes made by other posters who don't seen to understand this simple point.

Of course if the correct English was applied to Gillard then that would make Abbott the liar wouldn't it?................deafening silence. :)
 
Find me a government that doesn't waste money.;)

They all do it. Labor spent billions on insulation and overpriced sheds, the Libs weaned middle class families on to welfare.

Different animal, same ****.

The way some people carry on about Labor you'd think the Libs were running some sort of laissez-faire economy, the reality is that they more or less were the same. I think you're kidding yourself if you think the Libs would have done much different through the last five years.
 
Some thing everyone already knows but the spin machines work over time to paper over



Hey, big spender: Howard the king of the loose purse strings





Read more: http://www.smh.com.au/opinion/polit...rse-strings-20130110-2cj32.html#ixzz2HbyDKpN4

Yes I had a chuckle at that graph primary surplus steady(blue), debt, reducing(red).
Then the nice kick up at the end when Labor get in.
Wasn't it the IMF that told the government to splurge and named Swan treasurer of the year.
It just shows if you keep looking you can find a statistic to support the most whacky garbage.LOL
 
I would agree that the libs splashed the cash in the later years.

After paying down the huge debt incurred by Labor I think they were entitled to spend a bit to appease their supporters who had gone without while the debt was repaid.

The amazing waste of Labor since taking power is totally opposite, badly overdone and poorly aimed stimulation which has saddled the next generation with our debt so that Labor can look good.

Don't they like their own kids ?

The stimulus was $40bil the other debt is the shortfall in revenue growth.

Spending growth under Howard was more that 3% (I stand corrected on the correct number but it was high)
Revenue growth was through the roof plus the biggest asset sales in the countries history (hope you didn't buy T2).

Under Swan outside of stimulus spending, growth has been held at 2% or less all most unprecedented.

If the government of the day were to reduce spending arrrla Hockey / Abbott claims then enter mini fiscal cliff.

Rudd let through the last tax breaks (mistake) further reducing revenue.

GDP has continued to expand at 2% or greater costs grow accordingly.

When the Coalition get in nothing will change repeat nothing will change .......sorry the spin will change.
 
Find me a government that doesn't waste money.;)

They all do it. Labor spent billions on insulation and overpriced sheds, the Libs weaned middle class families on to welfare.

Different animal, same ****.

The way some people carry on about Labor you'd think the Libs were running some sort of laissez-faire economy, the reality is that they more or less were the same. I think you're kidding yourself if you think the Libs would have done much different through the last five years.

Good point. In any case they use the same economic advisors so same result imho.
 
Top