Australian economy leads the world
Jessica Wright
April 18, 2012 .



http://www.bobsmeat.com/Portals/0/BlueRibbon.jpg



Australia has the strongest economy in the developed world and it is expected to outperform all comers for at least the next two years, according to the International Monetary Fund.
 
The IMF - which issued its World Economic Outlook in Washington overnight - said it expected the Australian economy to expand by 3 per cent this year as fiscal tensions from Europe and the United States continue to ease.

The body stated that after a major setback last year with the Eurozone crisis, the global prospect of far more stable financial conditions was gradually improving.

The update said that it expects the Australian economy will outstrip growth over all other advanced economies over the next two years, noting we live in a region where exposure to troubled European banks was less than for other parts of the world.

But it also warned that Australia was exposed to risk if economic conditions in the Middle East caused another oil price spike.

The organisation revised up its global growth forecasts, with the global economy expected to grow by 3.5 per cent in 2012, up from 3.3 per cent in the January update.

A forecast of global growth of 4.1 per cent in 2013 has also been revised up from 3.9 per cent.

Global growth continues to be underpinned by solid growth in Asia, the report said.

China's economy was expected to grow 8.2 per cent in 2012 and 8.8 per cent in 2013, while India was expected to grow 6.9 per cent in 2012 and 7.3 per cent in 2013. These forecasts were broadly unchanged from the IMF's January update.

The IMF also forecasts Australia's unemployment rate to remain low at 5.2 per cent in both 2012 and 2013.

"With solid growth, low unemployment, contained inflation, strong public finances and a record pipeline of business investment, the Australian economy is the standout performer of the developed world"


The government has hit out at Opposition leader Tony Abbott for ''getting it wrong'' on the IMF growth forecasts.

During a morning doorstop, Mr Abbott said the IMF report showed the local economy was ''underperforming'', as they had downgraded the economic growth forecast.

''It forecasts 3 per cent for the current financial year and it looks like we are going to get 2 per cent,'' Mr Abbott said.

''This is an underperforming economy and it's underperforming because of the poor economic management of the current government.''

But Mr Abbott's assertion was not correct, according to a spokesman for the Treasurer, who said the growth forecast of 3 per cent in 2012 had been the same since the start of the year.




http://www.smh.com.au/opinion/political-news/australian-economy-leads-the-world-20120418-1x6ac.html#ixzz1sRHuTZEi

Thanks Johnny Howard and Peter Costello for 11 years of responsible economic management.....

http://smileys.on-my-web.com/repository/Happy/happy-052.gif

Swagman wrote on Apr 19^th, 2012 at 10:23am:

Thanks Johnny Howard and Peter Costello for 11 years of responsible economic management..... http://smileys.on-my-web.com/repository/Happy/happy-052.gif

Geez. What a load of tripe. The last thing i would call howard is "responsible". Treasonous bastard more like.

SOB

Swagman wrote on Apr 19^th, 2012 at 10:23am:

Thanks Johnny Howard and Peter Costello for 11 years of responsible economic management..... http://smileys.on-my-web.com/repository/Happy/happy-052.gif

hear hear.

And to Keating for making significant changes prior to that.

Swagman wrote on Apr 19^th, 2012 at 10:23am:

Thanks Johnny Howard and Peter Costello for 11 years of responsible economic management.....

Don't you mean "Thanks Johnny Howard and Peter Costello for holding a massive fire sale of public assets"?

Quote:

Australia has the strongest economy in the developed world and it is expected to outperform all comers for at least the next two years, according to the International Monetary Fund.   The IMF also forecasts Australia's unemployment rate to remain low at 5.2 per cent in both 2012 and 2013. "With solid growth, low unemployment, contained inflation, strong public finances and a record pipeline of business investment, the Australian economy is the standout performer of the developed world"

i
It's ALL in the GROUNDWORK ...








OECD praise for Canberra's stimulus package
Tim Colebatch
September 17, 2009.

THE Federal Government has won glowing support for its controversial economic stimulus, with the Western world's leading think tank saying the strategy will save up to 200,000 jobs.

The Organisation for Economic Co-operation and Development's annual employment outlook says Australia will be one of the Western countries to suffer least in the global financial crisis. And it says the Government's stimulus has already had a strong effect in cushioning the downturn, undermining Opposition attacks on the size of the program.

Its data shows Australia spends just 0.01 per cent of GDP on training its unemployed - the equal lowest in the OECD along with Mexico and the Czech and Slovak republics.

They show the Howard government cut spending on active labour market programs in its last two years as the skills shortage became more acute.


By contrast, the OECD report singles out the Rudd Government's stimulus measures for praise.

It estimates Australia's stimulus has been the third largest in the Western world at 5.4 per cent of GDP, exceeded only by Korea (6.1) and the US (5.7).

''Even though many countries moved quickly to enact large fiscal stimulus packages, these packages generally have not had a strong effect in cushioning the initial decline in employment caused by the crisis, although Australia is a notable exception,'' it says.


http://www.theage.com.au/business/oecd-praise-for-canberras-stimulus-package-20090916-froi.html#ixzz1sRapvr8ki

Bu this can not be true, all the rightards tell us Labor have stuffed the place beyond recognition and there is no hope but to elect Abbott to return Australia to its former glory. Tell me they aren't all just telling great big lies to appease their own partisan agenda,say it isn't so.

Shock as country that sits on a pile of natural resources has a strong economy.

What excellent economic job you have done.

Well done too to Kuwait and Saudi Arabia for also managing to run surpluses in these tough times.....

Just wait till the Coalition take over next year and they expose the horrible truth of just how sick Australia really is !!!!!

But, don't worry, the expert competent economic Coalition managers will fix up the unholy mess that the Australian economy is in, once they have taken over from the pathetically hopeless Laborites+Communist Greens and restore Australia to genuine prosperity.

I wonder if the STates have anything to do with it.. though getting a tick from the IMF.. doesnt do it for me...


as far as I know they do bugger all except make wonky predictions..have we turned the corner yet.. ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D

Sprintcyclist wrote on Apr 19^th, 2012 at 11:07am:

Swagman wrote on Apr 19th, 2012 at 10:23am: Thanks Johnny Howard and Peter Costello for 11 years of responsible economic management..... http://smileys.on-my-web.com/repository/Happy/happy-052.gif hear hear. And to Keating for making significant changes prior to that.

Australia vs the GFC



Paul Keating   - Structure and Training

Peter Costello - Head Start

Kevin Rudd
Wayne Swan  - Marathon Relay Team 2008-2009
Lindsay Tanner








So, regardless of where you want to give the CREDIT ( ... or lay the BLAME) for the current Australian economic climate, we agree on at least ONE TRUTH


In April, 2012, Australia is the "EVEREST" of global economies





( ... this is neither a matter of opinion or perception ...
It is a matter of data, statistics and FACT)





Which leaves the question ...

WHY ARE THE OPPOSITION SO DETERMINED TO DISCREDIT IT AND "TALK IT DOWN" ?



And from some of the negativity HERE, you'd think we were talking about Zimbabwe, rather than this economic rock of stability we are fortunate enough to be a part of

Frances wrote on Apr 19^th, 2012 at 11:29am:

Swagman wrote on Apr 19th, 2012 at 10:23am: Thanks Johnny Howard and Peter Costello for 11 years of responsible economic management..... Don't you mean "Thanks Johnny Howard and Peter Costello for holding a massive fire sale of public assets"?

........because JH & PC inherited the usual massive public debt that ALL Labor Govts love to accrue with their unsustainable spending and pork barrelling... :(

Unsustainable spending = either tax increases or public asset sales --------> the Labor / Coalition election cycle. :D :D

PS.  if you look at the value of Telstra these days....selling it to pay off some debt was a master stroke... :(

AUSTRALIA - you're STILL "the TOP" !
May 23, 2012


The Organisation for Economic Co-operation and Development (OECD) says the Australian economy is expected to grow at a faster rate than most other advanced economies in 2012 and 2013.

It predicts that Australia's economy will grow at 3.1 per cent in 2012 and 3.7 per cent in 2013, and welcomes the Federal Government's commitment to delivering a budget surplus.

But the organisation warns that the crisis in the eurozone poses the single largest risk to the global economy.

The organisation has endorsed the Government's plan to boost its cash reserves while the economy is strong and demand for resource exports is still high, and says lowering interest rates will help offset any negative impact of budget tightening.

In the budget handed down earlier this month, the Federal Government forecast growth of about 3.25 per cent slowing to 3 per cent.

Federal Treasurer Wayne Swan says the report confirms yet again that Australia is the stand-out performer on the global stage.

"It's consistent with the fact that we have got solid growth, long unemployment, contained inflation, strong public finances and a record pipeline of business investment in resources," he said.

"I think it is good news. I mean, Australia has a triple-A credit rating from the three major credit rating agencies"


Global implications

The report warns that a failure to act immediately could lead to a worsening European crisis with serious global consequences.

In November, the OECD warned if the eurozone did not tackle its debt crisis, there could be a deep recession with global implications.

Six months on, the organisation says these immediate dangers have receded somewhat, but have not disappeared.

The OECD predicts the eurozone's economy will shrink by 0.1 per cent this year.

By contrast, the US economy will expand by 2.4 per cent.
The OECD also expects eurozone unemployment to stay high, at 10.8 per cent this year.


http://au.news.yahoo.com/nsw/latest/a/-/article/13756178/oecd-issues-stark-eurozone-warning/



Aussies better off than ever
May 02, 2012



MANY families may be struggling to make ends meet but a new report says we are much better off than in previous decades.

The latest AMP.NATSEM Income and Wealth Report shows Australian household income is outpacing the cost of living over the longer term, with disposable incomes increasing 20 per cent over the last 27 years.

It says the average family is better off by $224 per week in real terms.

But the report points out that since 1984 the cost of living has skyrocketed with everyday essentials such as electricity (up 253 per cent), petrol (208 per cent) and public transport costs (287 per cent) all soaring.

But those rises have been partially offset by dramatic drops in audio visual and computing, which now cost one tenth what they did in 1984, while average prices for clothing, footwear and major household appliances have changed little, and are often lower today than 27 years ago.

AMP Financial Services managing director Craig Meller said the report shows households today are more focused on lifestyles and aspirations than they were in the 80s.

"Many Australians are leading busier lives and facing greater demands on their time, which means we're now paying for things we may not have previously, such as childcare, gardening and housekeeping," Mr Meller said.

"We've also seen a noticeable shift in spending habits with people spending more on education, holidays and eating out.

"Essentially we seem to be leading bigger lifestyles, all of which can add to perceived cost of living pressures"

The report says incomes have outpaced the cost of living across the board since 1984 and couples with children have seen their income grow by 37 per cent, single parent incomes have grown 34 per cent, and working families 22 per cent.

Expenses for secondary students have grown by 264 per cent, mostly attributed to higher private school fees.

Maintaining good health has not come cheap either - medical, dental and insurance costs have increased at even greater rates, jumping 560 per cent, 356 per cent and 346 per cent respectively.

And if think petrol prices are outrageous, think again because we are amongst the lowest in the developed world.
Only Canada, the United States and Mexico have cheaper petrol prices.

Australia's average unleaded petrol price of around $1.40 per litre is significantly cheaper than most European countries where petrol can cost more than $2 per litre.

Unsurprisingly, Sydney is the most expensive city in Australia, and Adelaide is the cheapest.


http://www.news.com.au/business/aussies-better-off-than-ever/story-fn7mjon9-1226344212903#ixzz1vezS5AxT




Not that you'd KNOW just how WELL we're faring - listening to all the depressing, ungrateful "what about me" DOOMSAYERS that haunt these such forums

Can't wait for word from Joe Hockey. You watch, he'll be saying this is bad news because we can only go downhill from here.  :D

Swagman wrote on Apr 19^th, 2012 at 10:23am:

Thanks Johnny Howard and Peter Costello for 11 years of responsible economic management..... http://smileys.on-my-web.com/repository/Happy/happy-052.gif

Thanks Costello for your honest opinion of Abbott.


Abbott is an economic illiterate.



Why let Abbott destroy our great economy.

Well done liberals for leaving us in such agreat position to get through a GFC and through a labor government

Gist wrote on May 23^rd, 2012 at 1:59pm:

Can't wait for word from Joe Hockey. You watch, he'll be saying this is bad news because we can only go downhill from here.  :D

It must be quite the "brain-storming" session, in the shadow cabinet room, thinking - "How can we find the negative spin on this positive outlook ?

progressiveslol wrote on May 23^rd, 2012 at 2:12pm:

Well done liberals for leaving us in such agreat position to get through a GFC and through a labor government

And thank you liberals for now offering an economic illiterate team lead by the economic illiterate Tony Abbott.

Makes it easy for those out to destroy Australia, to vote Liberal.

http://www.abc.net.au/tv/qanda/styles/img/header_logo_qanda.gif


DAVID MARR: ... a very, very successful political outcome that has been worked by the Opposition.

Australians have been led to believe that they are on the lip of the cliff and that things in this country are appalling and we have, by the standards of the world, a miracle economy and yet in Australia the response to it is one of gloom and uncertainty.
It's a political achievement of the first order.

It is extraordinary.


TONY JONES: Let me just ask Barry this: when you come here, does it seem like you're living in a miracle economy.

BARRY HUMPHRIES: I feel as though I'm in a miracle economy. This place is extraordinarily wonderful, I think. Prosperous and I don't think a lot of people in Australia realise what a paradise it is



http://www.abc.net.au/tv/qanda/txt/s3507518.htm

____ wrote on May 23^rd, 2012 at 2:06pm:

Swagman wrote on Apr 19th, 2012 at 10:23am: Thanks Johnny Howard and Peter Costello for 11 years of responsible economic management..... http://smileys.on-my-web.com/repository/Happy/happy-052.gif Thanks Costello for your honest opinion of Abbott. Abbott is an economic illiterate. Why let Abbott destroy our great economy.

The same reason why you vote Greens

Australian mines top global investment list
March 27, 2012 12


Australian mines continue to rank as the world's top investments in terms of political risk, despite the looming introduction of the mining tax.

In its annual political risk assessment of the mining industry, global resources consulting firm Behre Dolbear placed Australia at the top of its 25-nation ranking, ahead of Canada, the US and Brazil.

Behre Dolbear chief executive Karr McCurdy says Australia has topped the list for several years.

Any investor concerns about the mining tax are mitigated by the quality of Australia's resources and the ease and transparency of approvals, Mr McCurdy says.

"There's no place better than Australia to put your investment dollars at work with respect to the underlying political, if you will, risk," he said.

And while Australia has led the way with the passage of the mining tax, Mr McCurdy says many other countries are considering similar taxes



http://www.abc.net.au/news/2012-03-27/australia-tops-mine-investment-list/3914964

REALITY CHECK ...



There's no changing some perceptions
Barrie Cassidy
June 08, 2012



Australians are stubbornly gloomy about the economy. At least they were the last time anybody bothered to ask.

However, two weeks ago the Organisation for Economic Cooperation listed Australia as one of the best performing countries in the developed world, and even suggested it could soon rival the United States as the world's safest economy.

Then this week, confirmation that Australia is growing at 4.3 per cent, the best set of numbers in four years.

But will any of that change long held perceptions?

Up until now Australians have tended to focus on economic hot spots where jobs are being lost, the sad state of superannuation investments and in some cases, the declining value of the single biggest asset, the family home.

They are, many of them, convinced that their standard of living is in free fall. And they fear the future; the fallout of a deep recession in Europe and the impact of a carbon tax.

But they might have a very different view if Australia was located in the centre of Europe. The tyranny of distance, the isolation of Australia, prevents meaningful comparisons with near neighbours.





Cont ...



http://www.abc.net.au/news/2012-06-08/cassidy-changing-perceptions/4058934?section=vic

Quote:

AUSTRALIA - you're "the TOPS" !

This is a lie, Australias economy is one built on ethnic cleansing of the Aussie.  An evil Government at war with its citizens for whom no lie is too big. 8-)

corporate_whitey wrote on Jun 23^rd, 2012 at 5:45pm:

Quote: AUSTRALIA - you're "the TOPS" ! This is a lie, Australias economy is one built on ethnic cleansing of the Aussie.  An evil Government at war with its citizens for whom no lie is too big. 8-)

Quote:

Treatments and drugs Mayo Clinic staff Schizophrenia is a chronic condition that requires lifelong treatment, even when symptoms have subsided. Treatment with medications and psychosocial therapy can help manage the condition. During crisis periods or times of severe symptoms, hospitalization may be necessary to ensure safety, proper nutrition, adequate sleep and basic hygiene. A psychiatrist experienced in treating schizophrenia usually guides treatment. The treatment team also may include psychologists, social workers and psychiatric nurses and possibly a case manager to coordinate care. The full-team approach may be available in clinics with expertise in schizophrenia treatment. Medications Medications are the cornerstone of schizophrenia treatment. But because medications for schizophrenia can cause serious but rare side effects, people with schizophrenia may be reluctant to take them. Antipsychotic medications are the most commonly prescribed to treat schizophrenia. They're thought to control symptoms by affecting the brain neurotransmitters dopamine and serotonin. A person's willingness to cooperate with treatment may affect medication choice. Someone who is uncooperative may need to be given injections instead of taking a pill. Someone who is agitated may need to be calmed initially with a benzodiazepine such as lorazepam (Ativan), which may be combined with an antipsychotic. Atypical antipsychotics These newer medications are generally preferred because they pose a lower risk of debilitating side effects than do conventional medications. They include: Aripiprazole (Abilify) Clozapine (Clozaril, Fazaclo ODT) Olanzapine (Zyprexa) Paliperidone (Invega) Quetiapine (Seroquel) Risperidone (Risperdal) Ziprasidone (Geodon) http://www.mayoclinic.com/health/schizophrenia/ds00196/dsection=treatments-and-drugs

Ignore the paid per post sycophant troll above - he thinks JuLIA is marvelous and that if he lies long enough we will believe the Strong economy is real and not all in Gina Reinharts pocket...An evil Government :P

Prevailing wrote on Jun 23^rd, 2012 at 6:03pm:

... the Strong economy is real

DITTO !i

The greatest Government lie...Australians never had it so good...the truth...Australians are suffering under communist tyranny..... 8-)

Prevailing wrote on Jun 23^rd, 2012 at 6:34pm:

Australians never had it so good...the truth...

... and, NO denying "the truth"








buzzanddidj wrote on Apr 19^th, 2012 at 10:14am:

Australian economy leads the world Jessica Wright April 18, 2012 . http://www.bobsmeat.com/Portals/0/BlueRibbon.jpg Australia has the strongest economy in the developed world and it is expected to outperform all comers for at least the next two years, according to the International Monetary Fund.   The IMF - which issued its World Economic Outlook in Washington overnight - said it expected the Australian economy to expand by 3 per cent this year as fiscal tensions from Europe and the United States continue to ease. The body stated that after a major setback last year with the Eurozone crisis, the global prospect of far more stable financial conditions was gradually improving. The update said that it expects the Australian economy will outstrip growth over all other advanced economies over the next two years, noting we live in a region where exposure to troubled European banks was less than for other parts of the world. But it also warned that Australia was exposed to risk if economic conditions in the Middle East caused another oil price spike. The organisation revised up its global growth forecasts, with the global economy expected to grow by 3.5 per cent in 2012, up from 3.3 per cent in the January update. A forecast of global growth of 4.1 per cent in 2013 has also been revised up from 3.9 per cent. Global growth continues to be underpinned by solid growth in Asia, the report said. China's economy was expected to grow 8.2 per cent in 2012 and 8.8 per cent in 2013, while India was expected to grow 6.9 per cent in 2012 and 7.3 per cent in 2013. These forecasts were broadly unchanged from the IMF's January update. The IMF also forecasts Australia's unemployment rate to remain low at 5.2 per cent in both 2012 and 2013. "With solid growth, low unemployment, contained inflation, strong public finances and a record pipeline of business investment, the Australian economy is the standout performer of the developed world" The government has hit out at Opposition leader Tony Abbott for ''getting it wrong'' on the IMF growth forecasts. During a morning doorstop, Mr Abbott said the IMF report showed the local economy was ''underperforming'', as they had downgraded the economic growth forecast. ''It forecasts 3 per cent for the current financial year and it looks like we are going to get 2 per cent,'' Mr Abbott said. ''This is an underperforming economy and it's underperforming because of the poor economic management of the current government.'' But Mr Abbott's assertion was not correct, according to a spokesman for the Treasurer, who said the growth forecast of 3 per cent in 2012 had been the same since the start of the year. http://www.smh.com.au/opinion/political-news/australian-economy-leads-the-world-20120418-1x6ac.html#ixzz1sRHuTZEi

Quote:

Australian economy leads the world

While its people suffer...this is a cruel sick Government joke. :P >:(

I feel VINDICATEDTOTALLY VINDICATED, in the posting of this thread ...


... when the ONLY retort, is coming from the "village idiot" in residence

A corrupt Government of lies and organized crime, a Government priding itself on dismantling democracy and robbing the people of ownership of the country of their birth.  A bankrupt Government, a violent Government, an abusive Government bereft of all decency and honor. :P

Don't worry, Prevailling. Mr Abbott will be in in no time. He'll put things right.

the rightards answer to everything it to assme that EVERYBODY is lieing except for Abbott..... the biggest liar of all


Give credit where its due ... the numbers don't lie ..only abbott does

A big thankyou to Gillard and co for giving us a chance

Big Donger wrote on Jun 23^rd, 2012 at 7:18pm:

Don't worry, Prevailling. Mr Abbott will be in in no time. He'll put things right.

Government diversionary propaganda strategy bring up Abbott as a distraction from the corruption of the Government. ::) :P

buzzanddidj wrote on Apr 19^th, 2012 at 10:14am:

Australian economy leads the world Jessica Wright April 18, 2012 . As mentioned in the “Select Committee on Superannuation” report of 2003, Australia is the only OECD country which has a means test for the basic pension, and it is mean. The Report’s recommendation for a review of the employment-superannuation nexus errs on the side of caution. This caution is well justified since it opens up a much broader debate on the structure of Australia’s retirement income system, including proposals for a universal pension than that originally envisaged in the terms-of-reference. The fiscal impact of widening the spread of tax concessions is also unclear. Australia has also the second poorest retirees among the OECD countries,after Ireland,  yet at the same time, due to the taxfree super for the over sixteis,if the super comes from a taxed fund, it has also retirees with incomes of $200,000 plus, paying no tax. http://www.bobsmeat.com/Portals/0/BlueRibbon.jpg Australia has the strongest economy in the developed world and it is expected to outperform all comers for at least the next two years, according to the International Monetary Fund.   The IMF - which issued its World Economic Outlook in Washington overnight - said it expected the Australian economy to expand by 3 per cent this year as fiscal tensions from Europe and the United States continue to ease. The body stated that after a major setback last year with the Eurozone crisis, the global prospect of far more stable financial conditions was gradually improving. The update said that it expects the Australian economy will outstrip growth over all other advanced economies over the next two years, noting we live in a region where exposure to troubled European banks was less than for other parts of the world. But it also warned that Australia was exposed to risk if economic conditions in the Middle East caused another oil price spike. The organisation revised up its global growth forecasts, with the global economy expected to grow by 3.5 per cent in 2012, up from 3.3 per cent in the January update. A forecast of global growth of 4.1 per cent in 2013 has also been revised up from 3.9 per cent. Global growth continues to be underpinned by solid growth in Asia, the report said. China's economy was expected to grow 8.2 per cent in 2012 and 8.8 per cent in 2013, while India was expected to grow 6.9 per cent in 2012 and 7.3 per cent in 2013. These forecasts were broadly unchanged from the IMF's January update. The IMF also forecasts Australia's unemployment rate to remain low at 5.2 per cent in both 2012 and 2013. "With solid growth, low unemployment, contained inflation, strong public finances and a record pipeline of business investment, the Australian economy is the standout performer of the developed world" The government has hit out at Opposition leader Tony Abbott for ''getting it wrong'' on the IMF growth forecasts. During a morning doorstop, Mr Abbott said the IMF report showed the local economy was ''underperforming'', as they had downgraded the economic growth forecast. ''It forecasts 3 per cent for the current financial year and it looks like we are going to get 2 per cent,'' Mr Abbott said. ''This is an underperforming economy and it's underperforming because of the poor economic management of the current government.'' But Mr Abbott's assertion was not correct, according to a spokesman for the Treasurer, who said the growth forecast of 3 per cent in 2012 had been the same since the start of the year. http://www.smh.com.au/opinion/political-news/australian-economy-leads-the-world-20120418-1x6ac.html#ixzz1sRHuTZEi

Shyte you can make Hitlers economic credentials look good with an avalanche of spin, lies and omissions.  In fact they did - same here - all Government propaganda, none of it is true. 8-)

Prevailing wrote on Jun 23^rd, 2012 at 7:40pm:

Big Donger wrote on Jun 23rd, 2012 at 7:18pm: Don't worry, Prevailling. Mr Abbott will be in in no time. He'll put things right. Government diversionary propaganda strategy bring up Abbott as a distraction from the corruption of the Government. ::) :P

Liberal Party headquarters diversionary propaganda strategy bringing up Juliar as a distraction from the corruption of the opposition.

Big Donger wrote on Jun 23^rd, 2012 at 8:04pm:

Prevailing wrote on Jun 23rd, 2012 at 7:40pm: Big Donger wrote on Jun 23rd, 2012 at 7:18pm: Don't worry, Prevailling. Mr Abbott will be in in no time. He'll put things right. Government diversionary propaganda strategy bring up Abbott as a distraction from the corruption of the Government. ::) :P Liberal Party headquarters diversionary propaganda strategy bringing up Juliar as a distraction from the corruption of the opposition.

The party in power is irrelevant, they are the Government, that is all.  We will not play political party ping pong - that is their game. :)

You've got me there, Prevailing. Unfortunately, governments are chosen by political ping pong. That's the game.

Big Donger wrote on Jun 23^rd, 2012 at 8:35pm:

You've got me there, Prevailing. Unfortunately, governments are chosen by political ping pong. That's the game.

Hense the opposition is irrelevant to the problem of the expansion of evil, corrupt Government. 8-)

Prevailing wrote on Jun 23^rd, 2012 at 9:36pm:

Big Donger wrote on Jun 23rd, 2012 at 8:35pm: You've got me there, Prevailing. Unfortunately, governments are chosen by political ping pong. That's the game. Hense the opposition is irrelevant to the problem of the expansion of evil, corrupt Government. 8-)

Irrelevant?

Big Donger wrote on Jun 23^rd, 2012 at 9:38pm:

Prevailing wrote on Jun 23rd, 2012 at 9:36pm: Big Donger wrote on Jun 23rd, 2012 at 8:35pm: You've got me there, Prevailing. Unfortunately, governments are chosen by political ping pong. That's the game. Hense the opposition is irrelevant to the problem of the expansion of evil, corrupt Government. 8-) Irrelevant?

It is irrelevant, the opposition is only a distraction till it becomes the Government.  The Government is the monster. 8-)

Prevailing wrote on Jun 23^rd, 2012 at 9:46pm:

Big Donger wrote on Jun 23rd, 2012 at 9:38pm: Prevailing wrote on Jun 23rd, 2012 at 9:36pm: Big Donger wrote on Jun 23rd, 2012 at 8:35pm: You've got me there, Prevailing. Unfortunately, governments are chosen by political ping pong. That's the game. Hense the opposition is irrelevant to the problem of the expansion of evil, corrupt Government. 8-) Irrelevant? It is irrelevant, the opposition is only a distraction till it becomes the Government.  The Government is the monster. 8-)

But the opposition will become the government/monster. We'll need another distraction then.

Big Donger wrote on Jun 23^rd, 2012 at 9:55pm:

Prevailing wrote on Jun 23rd, 2012 at 9:46pm: Big Donger wrote on Jun 23rd, 2012 at 9:38pm: Prevailing wrote on Jun 23rd, 2012 at 9:36pm: Big Donger wrote on Jun 23rd, 2012 at 8:35pm: You've got me there, Prevailing. Unfortunately, governments are chosen by political ping pong. That's the game. Hense the opposition is irrelevant to the problem of the expansion of evil, corrupt Government. 8-) Irrelevant? It is irrelevant, the opposition is only a distraction till it becomes the Government.  The Government is the monster. 8-) But the opposition will become the government/monster. We'll need another distraction then.

Gillard, Combet, the Greens, take your pick.  I however will remain resolutely campaigning against globalization, federalism and expansion of evil corrupt Government. 8-)

I note you didn't include the Libs, Prevailing. They're the party of the corporate maggot, so I must say, I'm a tad suprised.

Big Donger wrote on Jun 23^rd, 2012 at 10:15pm:

I note you didn't include the Libs, Prevailing. They're the party of the corporate maggot, so I must say, I'm a tad suprised.

Why would a coalition government make themselves the distraction/target to blame? :-?

Prevailing wrote on Jun 23^rd, 2012 at 10:21pm:

Big Donger wrote on Jun 23rd, 2012 at 10:15pm: I note you didn't include the Libs, Prevailing. They're the party of the corporate maggot, so I must say, I'm a tad suprised. Why would a coalition government make themselves the distraction/target to blame? :-?

They're not. They're deliberately playing the small target so they can get in, take away your rights, and be told to get out again.

I'm suprised you haven't cottoned on yet.

Big Donger wrote on Jun 23^rd, 2012 at 10:24pm:

Prevailing wrote on Jun 23rd, 2012 at 10:21pm: Big Donger wrote on Jun 23rd, 2012 at 10:15pm: I note you didn't include the Libs, Prevailing. They're the party of the corporate maggot, so I must say, I'm a tad suprised. Why would a coalition government make themselves the distraction/target to blame? :-? They're not. They're deliberately playing the small target so they can get in, take away your rights, and be told to get out again. I'm suprised you haven't cottoned on yet.

Thats what I said, thats what the Government always does so maintain the rage at the Government and forget about the opposition.  The Government in Australia is pure evil. :)

Australia's Star Continues Rise

http://www.tfconcreteinc.com/five-stars.jpg


Australian economy achieves the remarkable
5:57 PM, 9 Oct 2012

Australia now has the 12th largest economy in the world, an achievement Treasurer Wayne Swan says is "remarkable" given the size of the population.

As the nation moved up the International Monetary Fund (IMF) rankings, the agency also raised its 2012 growth forecast for Australia, despite making across-the-board cuts to its global outlook.

Mr Swan said Australia had leapfrogged to the 12th spot over Spain, which is suffering under public debt, after previously overtaking South Korea and Mexico in the years since the Labor government came to power in 2007.

"As a country with the world's 51st largest population, this is a remarkable achievement" , he said in a statement on Tuesday.

However, the IMF's World Economic Outlook (WEO) also warned of uncertainty in 2013.

In the report released in Tokyo on Tuesday, the agency said the global recovery had suffered "new setbacks" because major advanced economies had "not rebuilt confidence" for the medium term.

It cut its forecast for world output in 2012 to 3.3 per cent, from 3.5 per cent in July, and pegged growth at 3.6 per cent in 2013, from 3.9 per cent.

While it upgraded Australia's growth in 2012 to 3.3 per cent, from three per cent, it downgraded the outlook for the following year to three per cent, from 3.5 per cent.

Reserve Bank of Australia (RBA) deputy governor Philip Lowe told a conference in Hobart that if global growth came in at 3.5 per cent or higher next year "then I think Australia's going to be in a good position"

Mr Swan said the government was on track to return the budget to surplus in 2012/13, even though weaker global growth and lower commodity prices would make this task "more challenging".

The IMF also expects Australian unemployment to remain relatively low at 5.2 per cent this year, and at 5.3 per cent next year.

"Australia has one of the lowest unemployment rates among the advanced economies, an outcome that seemed improbable for much of my professional career", Dr Lowe told the Financial Services Institute of Australasia conference.

However, structural changes in the economy had led to a softening in employment growth in the past 12 months, with a 70,000 fall in construction jobs and a 50,000 decline in public servant positions.

When the RBA cut the official cash interest rate last week, it suggested mining investment could peak in 2013 and at a lower level than previously expected.

But Mr Lowe appeared optimistic about the outlook for the construction sector.

"Looking forward, a pick-up in construction activity is one of the factors that could provide an offset to the eventual moderation in the current very high level of investment in the resources sector," he said.

The National Australia Bank business survey for September released on Tuesday showed confidence in the construction sector jumped 16 index points to plus four points.

NAB believes the improvement has been due to a recent recovery in property prices and earlier RBA rate cuts.


http://www.businessspectator.com.au/bs.nsf/Article/Australian-economy-achieves-the-remarkable-YWA76?OpenDocument&src=hp11

Yes, but Hitler was also proud of his achievements too...what about the cost of all this economic violence and aggression...? :) :)