Australian Politics Forum - $100 million a day.

iamtheman012

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Australian Politics

Posts: 916

Re: $100 million a day.
Reply #15 - Aug 10^th, 2010 at 11:03pm

perceptions_now wrote on Aug 10^th, 2010 at 10:59pm:

iamtheman012 wrote on Aug 10^th, 2010 at 10:49pm:

perceptions_now wrote on Aug 10^th, 2010 at 10:41pm:

So, finally, after all of the -
C
redible
R
eliable
A
bundant
P
aradoxes

about how much the Labor Debt Debt was & how much interest per Day the Labour Debt was costing, both Hockey & Abbott have agreed that the Liberals would have gone into debt.

[highlight]Not only would the Liberals have gone into Debt, but the Liberal Debt would have been only about $20 Billion less than Labor!

So, after all of the huff & puff over Labor going into Debt at a rate of $100 Million a Day, the difference between Labor & the Libs was actually only $20 Million (P/D), the Libs would have incurred Debt at $80 Million a day themselves.

Finally, having watched Tony Abbott on the 7.30 report tonight, I must say that his grasp of Future Technology is extremely poor for someone wanting to become PM and having seen another interview whether he exposed his absolute lack of knowledge on Peak Oil, HE SHOULD NOT BE ALLOWED ANYWHERE NEAR THE TOP JOB![/highlight]

$20 billion is hardly a small figure Perceptions, i though you would understand that.

And do you understand that the PM doesn't need to know every little detail about FO and Wireless, that's WHY there is a Broadband & Comms portfolio.

Did Rudd have a clue? NO

Does Gillard have a clue? NO

Does CONROY have a clue? NO.
Roll Eyes

Let me see, $20 Billion over 3 years, with a Federal government income of some $300 Billion a year & an annual GDP of $1 Trillion.

You are joking, Right!

[highlight]As for Technology & Peak Oil, Labor clearly has a lot more going for it, than does Abbott & the Libs and where Peak Oil is concerned both have problems, but Abbott is a basket case! [/highlight]

YOU clearly DON'T pay attention to anything Conroy says or does within his portfolio Perceptions, perhaps you could go do some reseach first and then come back.

Wink

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perceptions_now

Gold Member

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Australian Politics

Posts: 11694
Perth WA
Gender: male

Re: $100 million a day.
Reply #16 - Aug 10^th, 2010 at 11:56pm

iamtheman012 wrote on Aug 10^th, 2010 at 11:03pm:

perceptions_now wrote on Aug 10^th, 2010 at 10:59pm:

iamtheman012 wrote on Aug 10^th, 2010 at 10:49pm:

perceptions_now wrote on Aug 10^th, 2010 at 10:41pm:

So, finally, after all of the -
C
redible
R
eliable
A
bundant
P
aradoxes

about how much the Labor Debt Debt was & how much interest per Day the Labour Debt was costing, both Hockey & Abbott have agreed that the Liberals would have gone into debt.

[highlight]Not only would the Liberals have gone into Debt, but the Liberal Debt would have been only about $20 Billion less than Labor!

So, after all of the huff & puff over Labor going into Debt at a rate of $100 Million a Day, the difference between Labor & the Libs was actually only $20 Million (P/D), the Libs would have incurred Debt at $80 Million a day themselves.

Finally, having watched Tony Abbott on the 7.30 report tonight, I must say that his grasp of Future Technology is extremely poor for someone wanting to become PM and having seen another interview whether he exposed his absolute lack of knowledge on Peak Oil, HE SHOULD NOT BE ALLOWED ANYWHERE NEAR THE TOP JOB![/highlight]

$20 billion is hardly a small figure Perceptions, i though you would understand that.

And do you understand that the PM doesn't need to know every little detail about FO and Wireless, that's WHY there is a Broadband & Comms portfolio.

Did Rudd have a clue? NO

Does Gillard have a clue? NO

Does CONROY have a clue? NO.
Roll Eyes

Let me see, $20 Billion over 3 years, with a Federal government income of some $300 Billion a year & an annual GDP of $1 Trillion.

You are joking, Right!

[highlight]As for Technology & Peak Oil, Labor clearly has a lot more going for it, than does Abbott & the Libs and where Peak Oil is concerned both have problems, but Abbott is a basket case! [/highlight]

YOU clearly DON'T pay attention to anything Conroy says or does within his portfolio Perceptions, perhaps you could go do some reseach first and then come back.

Wink

Clearly, Abbott & the Libs are 80% spin, because they have admitted they would have incurred 80% of the Debt (at least), over the last 3 years!

Just as clearly, Technology & Energy are 2 of the 3 major Economic Drivers, Population (Growth & Aging) being the other and Abbott, in particular has no idea what its all about!

As, I think Bill Clinton is credited saying, "it's the Economy stupid", but if the Politicians & their party have absolutely no understanding of what the Economic drivers are all about, NOW, then the Economy will go down the toilet and the Politicians will look stupid, but it will be the Public that will have to take the hits!

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James Bluntus

Senior Member

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Australian Politics

Posts: 456
Gender: male

Re: $100 million a day.
Reply #17 - Aug 14^th, 2010 at 5:19pm

iamtheman012 wrote on Aug 10^th, 2010 at 9:14am:

Please delete wrote on Aug 10^th, 2010 at 9:10am:

An especially annoying gaff from the coalition, since by their own admission they supported the first stimulus, and only argue with the degree of second stimulus - so they would probably be borrowing $80m a day themselves. Maybe more if their lack of action had sent Australia into recession.

The first stimulus was funded by the Howard/Costello surplus, so NO borrowing there. The second is open to dispute as it was never opening outlined what spending would have taken place.

And even if it was $80 million/day, that still a bucketload less over a 12 month period. BIG difference.

But it won't be over a 12 month period. Because you have taxes raised and lowered, expenditure raised and lowered.

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Keep David Harris for Wyong. He gets things done.

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