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If I wanted Australia to fail (Read 3620 times)

Kat

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Re: If I wanted Australia to fail
Reply #45 - Apr 25^th, 2012 at 11:45am

philperth2010 wrote on Apr 25^th, 2012 at 11:30am:

Armchair_Politician wrote on Apr 25^th, 2012 at 6:46am:

Johnsmith wrote on Apr 24^th, 2012 at 9:41pm:

Depends on how you decide what is failure... Under Gillards leadership we are Number I in the world .. Howard NEVER got us that far up the ladder ...

It's because of the hard work done by Howard and Costello that Rudd and Gillard were gifted a strong economy. Without that, I suspect we'd have been receiving money from the IMF, not handing it out. If you think Gillard and Swan are competent managers of the economy, look no further than these simple facts:

- Howard left behind a massive $20bn plus surplus
- Said surplus has been turned into a debt of hundreds of billions of dollars
- Gillard and Swan continue to borrow at more than $100m a day with no end in sight and no plan to pay back this enormous debt.

The $20 billion surplus was in the forward estimates accounting for revenue and spending for the following 4 years meaning it never eventuated due to the massive decline in revenue.....Revenue declined and the spending contained in the budget through entitlements and tax cuts put the budget into structural deficit.....Labor spent money to keep the economy afloat and prop up the budget when revenue plummeted or we would have gone into recession and seen massive job losses and a collapse of the Australian dollar!!!

Because revenue still has not returned to post GFC levels the Government must cut spending from the budget and introduce more taxes to help pay for policies needed to keep the Australian economy growing and help industries suffering whilst the Australian dollar is so high!!!

The mining boom is driving up the Australian dollar and harming other industries who export or compete with oversees imports....To claim the mining industry should not contribute to help the majority of Australians who are not benefiting from the mining industry would do long term harm to the economy when the mining boom ends and Australia has nothing else!!!

We need to invest in the future and help industries survive the problems created by the mining boom and not stick our heads in the sand and think the billionaires will give a stuff about Australia once they have raped our resources and made a killing with our mineral wealth!!!

Everyone who receives the protection of society owes a return for the benefit.
John Stuart Mill (1806 - 1873), On Liberty

Well, you've done it again, Phil.....10/10.

But I fear you are casting pearls before swine....

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philperth2010

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Re: If I wanted Australia to fail
Reply #46 - Apr 25^th, 2012 at 11:52am

Kat wrote on Apr 25^th, 2012 at 11:45am:

philperth2010 wrote on Apr 25^th, 2012 at 11:30am:

Armchair_Politician wrote on Apr 25^th, 2012 at 6:46am:

Johnsmith wrote on Apr 24^th, 2012 at 9:41pm:

Depends on how you decide what is failure... Under Gillards leadership we are Number I in the world .. Howard NEVER got us that far up the ladder ...

It's because of the hard work done by Howard and Costello that Rudd and Gillard were gifted a strong economy. Without that, I suspect we'd have been receiving money from the IMF, not handing it out. If you think Gillard and Swan are competent managers of the economy, look no further than these simple facts:

- Howard left behind a massive $20bn plus surplus
- Said surplus has been turned into a debt of hundreds of billions of dollars
- Gillard and Swan continue to borrow at more than $100m a day with no end in sight and no plan to pay back this enormous debt.

The $20 billion surplus was in the forward estimates accounting for revenue and spending for the following 4 years meaning it never eventuated due to the massive decline in revenue.....Revenue declined and the spending contained in the budget through entitlements and tax cuts put the budget into structural deficit.....Labor spent money to keep the economy afloat and prop up the budget when revenue plummeted or we would have gone into recession and seen massive job losses and a collapse of the Australian dollar!!!

Because revenue still has not returned to post GFC levels the Government must cut spending from the budget and introduce more taxes to help pay for policies needed to keep the Australian economy growing and help industries suffering whilst the Australian dollar is so high!!!

The mining boom is driving up the Australian dollar and harming other industries who export or compete with oversees imports....To claim the mining industry should not contribute to help the majority of Australians who are not benefiting from the mining industry would do long term harm to the economy when the mining boom ends and Australia has nothing else!!!

We need to invest in the future and help industries survive the problems created by the mining boom and not stick our heads in the sand and think the billionaires will give a stuff about Australia once they have raped our resources and made a killing with our mineral wealth!!!

Everyone who receives the protection of society owes a return for the benefit.
John Stuart Mill (1806 - 1873), On Liberty

Well, you've done it again, Phil.....10/10.

But I fear you are casting pearls before swine....

Thanks Kat.....I suspect you are correct and I am wasting my time with some posters.....However those that are objective can see what the ignorant cannot!!!

Truth persuades by teaching, but does not teach by persuading.
Quintus Septimius Tertullianus (160 AD - 230 AD), Adversus Valentinianos

X X X

If knowledge can create problems, it is not through ignorance that we can solve them.
Isaac Asimov (1920 - 1992)

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longweekend58

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Re: If I wanted Australia to fail
Reply #47 - Apr 25^th, 2012 at 12:24pm

Johnsmith wrote on Apr 24^th, 2012 at 9:41pm:

Depends on how you decide what is failure... Under Gillards leadership we are Number I in the world .. Howard NEVER got us that far up the ladder ...

actually he did. we had the worlds best economy in 2007 and before. we also were one of only a hdnful of countires to have no debt and running surplueses. you really discredit yourself with arguments like this. If anything, it is the Ray bradbury argument anyhow.

AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."

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longweekend58

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Re: If I wanted Australia to fail
Reply #48 - Apr 25^th, 2012 at 12:27pm

Kat wrote on Apr 25^th, 2012 at 11:45am:

philperth2010 wrote on Apr 25^th, 2012 at 11:30am:

Armchair_Politician wrote on Apr 25^th, 2012 at 6:46am:

Johnsmith wrote on Apr 24^th, 2012 at 9:41pm:

Depends on how you decide what is failure... Under Gillards leadership we are Number I in the world .. Howard NEVER got us that far up the ladder ...

It's because of the hard work done by Howard and Costello that Rudd and Gillard were gifted a strong economy. Without that, I suspect we'd have been receiving money from the IMF, not handing it out. If you think Gillard and Swan are competent managers of the economy, look no further than these simple facts:

- Howard left behind a massive $20bn plus surplus
- Said surplus has been turned into a debt of hundreds of billions of dollars
- Gillard and Swan continue to borrow at more than $100m a day with no end in sight and no plan to pay back this enormous debt.

The $20 billion surplus was in the forward estimates accounting for revenue and spending for the following 4 years meaning it never eventuated due to the massive decline in revenue.....Revenue declined and the spending contained in the budget through entitlements and tax cuts put the budget into structural deficit.....Labor spent money to keep the economy afloat and prop up the budget when revenue plummeted or we would have gone into recession and seen massive job losses and a collapse of the Australian dollar!!!

Because revenue still has not returned to post GFC levels the Government must cut spending from the budget and introduce more taxes to help pay for policies needed to keep the Australian economy growing and help industries suffering whilst the Australian dollar is so high!!!

The mining boom is driving up the Australian dollar and harming other industries who export or compete with oversees imports....To claim the mining industry should not contribute to help the majority of Australians who are not benefiting from the mining industry would do long term harm to the economy when the mining boom ends and Australia has nothing else!!!

We need to invest in the future and help industries survive the problems created by the mining boom and not stick our heads in the sand and think the billionaires will give a stuff about Australia once they have raped our resources and made a killing with our mineral wealth!!!

Everyone who receives the protection of society owes a return for the benefit.
John Stuart Mill (1806 - 1873), On Liberty

Well, you've done it again, Phil.....10/10.

But I fear you are casting pearls before swine....

nothing good about it. it was sheer crap. Once again, phil seeks to say Howard was bad and labor are good and let no FACT ever enter into the argument! Howard left a surplus. You can argue how much as long as you want but he left a surplus and zero debt. Swans last budget had a $40B deficit and we are close to $250B in debt.

any way you look at it, labor has been spending $1.2B a WEEK mover and above what comes in.

AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."

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philperth2010

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Re: If I wanted Australia to fail
Reply #49 - Apr 25^th, 2012 at 1:05pm

longweekend58 wrote on Apr 25^th, 2012 at 12:27pm:

Kat wrote on Apr 25^th, 2012 at 11:45am:

philperth2010 wrote on Apr 25^th, 2012 at 11:30am:

Armchair_Politician wrote on Apr 25^th, 2012 at 6:46am:

Johnsmith wrote on Apr 24^th, 2012 at 9:41pm:

Depends on how you decide what is failure... Under Gillards leadership we are Number I in the world .. Howard NEVER got us that far up the ladder ...

It's because of the hard work done by Howard and Costello that Rudd and Gillard were gifted a strong economy. Without that, I suspect we'd have been receiving money from the IMF, not handing it out. If you think Gillard and Swan are competent managers of the economy, look no further than these simple facts:

- Howard left behind a massive $20bn plus surplus
- Said surplus has been turned into a debt of hundreds of billions of dollars
- Gillard and Swan continue to borrow at more than $100m a day with no end in sight and no plan to pay back this enormous debt.

The $20 billion surplus was in the forward estimates accounting for revenue and spending for the following 4 years meaning it never eventuated due to the massive decline in revenue.....Revenue declined and the spending contained in the budget through entitlements and tax cuts put the budget into structural deficit.....Labor spent money to keep the economy afloat and prop up the budget when revenue plummeted or we would have gone into recession and seen massive job losses and a collapse of the Australian dollar!!!

Because revenue still has not returned to post GFC levels the Government must cut spending from the budget and introduce more taxes to help pay for policies needed to keep the Australian economy growing and help industries suffering whilst the Australian dollar is so high!!!

The mining boom is driving up the Australian dollar and harming other industries who export or compete with oversees imports....To claim the mining industry should not contribute to help the majority of Australians who are not benefiting from the mining industry would do long term harm to the economy when the mining boom ends and Australia has nothing else!!!

We need to invest in the future and help industries survive the problems created by the mining boom and not stick our heads in the sand and think the billionaires will give a stuff about Australia once they have raped our resources and made a killing with our mineral wealth!!!

Everyone who receives the protection of society owes a return for the benefit.
John Stuart Mill (1806 - 1873), On Liberty

Well, you've done it again, Phil.....10/10.

But I fear you are casting pearls before swine....

nothing good about it. it was sheer crap. Once again, phil seeks to say Howard was bad and labor are good and let no FACT ever enter into the argument! Howard left a surplus. You can argue how much as long as you want but he left a surplus and zero debt. Swans last budget had a $40B deficit and we are close to $250B in debt.

any way you look at it, labor has been spending $1.2B a WEEK mover and above what comes in.

I like to prove how stupid you are Longy.....

Outlook began faltering in the Howard years

TREASURY has conceded the federal financial outlook began deteriorating as far back as 2002-03 and was already in "structural" deficit by 2006-07 despite the large headline surpluses recorded during the final years of the Howard government.

For the first time, Treasury has published official estimates of the structural component of the budget balance in this year's budget papers.

The estimates aim to strip away the cyclical, or temporary, components of the budget balance such as higher than normal tax collections due to a strongly growing economy from the structural, or permanent, components which reflect the long-term sustainability of the Government's finances.

The estimates show the structural budget surplus peaked at about 1 per cent of gross domestic product in 2002-03 just as the commodities boom got under way. Also, while the headline budget surplus continued rising after 2002-03, the structural balance steadily deteriorated and slipped into the red in 2006-07.

In that year, when the Howard government recorded a headline budget surplus of $17.2 billion, the structural deficit was about 0.3 per cent of GDP, or about $3 billion according to Treasury.

And the estimates have the structural deficit for this financial year at about 5 per cent of GDP, or $50 billion - much larger than the expected headline result of $32 billion for 2008-09.

The Treasurer, Wayne Swan, has argued in recent days that the Howard government squandered the billions of dollars in extra tax revenues that flowed into Canberra's coffers during the resources boom and failed to reform the Commonwealth's finances. The Treasury estimates lend support to Mr Swan's arguments.

But they put the budget's structural position during the Howard era in worse shape than similar estimates by the IMF and the OECD.

A director of the economic consultancy Access Economics, Chris Richardson, said yesterday that the estimates confirmed that the resources boom which got under way in 2002-03 had masked a weakening in the budget position during the economy's good times.

Article here.....
http://www.smh.com.au/business/outlook-began-faltering-in-the-howard-years-20090...

Read more here.....
http://inside.org.au/the-howard-impact/

Read more here.....
http://stephenkoukoulas.blogspot.com.au/2012/03/prudent-fiscal-management-whos-y...

As simple sorry will do!!!

Roll Eyes

Roll Eyes

Roll Eyes

Roll Eyes

If knowledge can create problems, it is not through ignorance that we can solve them.
Isaac Asimov (1920 - 1992)

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longweekend58

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Re: If I wanted Australia to fail
Reply #50 - Apr 25^th, 2012 at 1:14pm

philperth2010 wrote on Apr 25^th, 2012 at 1:05pm:

longweekend58 wrote on Apr 25^th, 2012 at 12:27pm:

Kat wrote on Apr 25^th, 2012 at 11:45am:

philperth2010 wrote on Apr 25^th, 2012 at 11:30am:

Armchair_Politician wrote on Apr 25^th, 2012 at 6:46am:

Johnsmith wrote on Apr 24^th, 2012 at 9:41pm:

Depends on how you decide what is failure... Under Gillards leadership we are Number I in the world .. Howard NEVER got us that far up the ladder ...

It's because of the hard work done by Howard and Costello that Rudd and Gillard were gifted a strong economy. Without that, I suspect we'd have been receiving money from the IMF, not handing it out. If you think Gillard and Swan are competent managers of the economy, look no further than these simple facts:

- Howard left behind a massive $20bn plus surplus
- Said surplus has been turned into a debt of hundreds of billions of dollars
- Gillard and Swan continue to borrow at more than $100m a day with no end in sight and no plan to pay back this enormous debt.

The $20 billion surplus was in the forward estimates accounting for revenue and spending for the following 4 years meaning it never eventuated due to the massive decline in revenue.....Revenue declined and the spending contained in the budget through entitlements and tax cuts put the budget into structural deficit.....Labor spent money to keep the economy afloat and prop up the budget when revenue plummeted or we would have gone into recession and seen massive job losses and a collapse of the Australian dollar!!!

Because revenue still has not returned to post GFC levels the Government must cut spending from the budget and introduce more taxes to help pay for policies needed to keep the Australian economy growing and help industries suffering whilst the Australian dollar is so high!!!

The mining boom is driving up the Australian dollar and harming other industries who export or compete with oversees imports....To claim the mining industry should not contribute to help the majority of Australians who are not benefiting from the mining industry would do long term harm to the economy when the mining boom ends and Australia has nothing else!!!

We need to invest in the future and help industries survive the problems created by the mining boom and not stick our heads in the sand and think the billionaires will give a stuff about Australia once they have raped our resources and made a killing with our mineral wealth!!!

Everyone who receives the protection of society owes a return for the benefit.
John Stuart Mill (1806 - 1873), On Liberty

Well, you've done it again, Phil.....10/10.

But I fear you are casting pearls before swine....

nothing good about it. it was sheer crap. Once again, phil seeks to say Howard was bad and labor are good and let no FACT ever enter into the argument! Howard left a surplus. You can argue how much as long as you want but he left a surplus and zero debt. Swans last budget had a $40B deficit and we are close to $250B in debt.

any way you look at it, labor has been spending $1.2B a WEEK mover and above what comes in.

I like to prove how stupid you are Longy.....

Outlook began faltering in the Howard years

TREASURY has conceded the federal financial outlook began deteriorating as far back as 2002-03 and was already in "structural" deficit by 2006-07 despite the large headline surpluses recorded during the final years of the Howard government.

For the first time, Treasury has published official estimates of the structural component of the budget balance in this year's budget papers.

The estimates aim to strip away the cyclical, or temporary, components of the budget balance such as higher than normal tax collections due to a strongly growing economy from the structural, or permanent, components which reflect the long-term sustainability of the Government's finances.

The estimates show the structural budget surplus peaked at about 1 per cent of gross domestic product in 2002-03 just as the commodities boom got under way. Also, while the headline budget surplus continued rising after 2002-03, the structural balance steadily deteriorated and slipped into the red in 2006-07.

In that year, when the Howard government recorded a headline budget surplus of $17.2 billion, the structural deficit was about 0.3 per cent of GDP, or about $3 billion according to Treasury.

And the estimates have the structural deficit for this financial year at about 5 per cent of GDP, or $50 billion - much larger than the expected headline result of $32 billion for 2008-09.

The Treasurer, Wayne Swan, has argued in recent days that the Howard government squandered the billions of dollars in extra tax revenues that flowed into Canberra's coffers during the resources boom and failed to reform the Commonwealth's finances. The Treasury estimates lend support to Mr Swan's arguments.

But they put the budget's structural position during the Howard era in worse shape than similar estimates by the IMF and the OECD.

A director of the economic consultancy Access Economics, Chris Richardson, said yesterday that the estimates confirmed that the resources boom which got under way in 2002-03 had masked a weakening in the budget position during the economy's good times.

Article here.....
http://www.smh.com.au/business/outlook-began-faltering-in-the-howard-years-20090...

Read more here.....
http://inside.org.au/the-howard-impact/

Read more here.....
http://stephenkoukoulas.blogspot.com.au/2012/03/prudent-fiscal-management-whos-y...

As simple sorry will do!!!

Roll Eyes

Roll Eyes

Roll Eyes

Roll Eyes

ah.. 'structural deficit', the deficit you are having when you arent having a deficit. I know politicians are pretty good at re-writing history but this is one of the better attempts. In short, this attempts to paint an ACTUAL surplus as a deficit while at the same time ignoring the fact that the budget swan is about to introduce and will be claiming a budget 'surplus' has actually funded this surplus throw BORROWINGS. if you want to criticise a surplus, then criticise the one that was build on borrowed money.

and it is worth noting that labor has done NOTHING to address this supposed 'structural deficit' sice coming into power.

AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."

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adelcrow

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Re: If I wanted Australia to fail
Reply #51 - Apr 25^th, 2012 at 1:23pm

The surplus is just political and a waste of time at this point in our economic history.
We should be looking at real cuts to spending and looking at ways of slowing the overheating mining industry to bring the Aussie dollar down to benefit the rest of the economy.
The mining boom in WA does nothing to help a manufacturer of widgets in Sydney and in fact is hurting primary industries and other exporters.
Slowing the mining boom doesn't mean all our resources suddenly disappear what it does mean is they will be around much longer the rest of our economy can have some breathing space.

Go the Bunnies

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Ex Dame Pansi

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Re: If I wanted Australia to fail
Reply #52 - Apr 25^th, 2012 at 1:26pm

Andrei.Hicks wrote on Apr 25^th, 2012 at 8:56am:

Ex Dame Pansi wrote on Apr 25^th, 2012 at 7:44am:

If I wanted Australia to fail I would align myself with America and give our biggest trading partner the flick.

Whether we are in boom times or crises we will align ourselves with what's white.

The country that shoots praying Buddhists in the back, runs tanks over protestors and is - according to Amnesty - holding thousands of political opponents in jail on no charge?

Glad to see you care a lot about human rights.

Whoever you choose to get into bed with, they will be bad guys. I'd rather go with the bad guy who is a powerful and growing force, rather than the broke and crumbling version.

America's track record on human rights is appalling so that line of argument is redundant.

China's human rights can only improve, whilst America's are speedily regressing.

"When the power of love overcomes the love of power, the world will know peace." Hendrix
andrei said: Great isn't it? Seeing boatloads of what is nothing more than human garbage turn up.....

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adelcrow

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Re: If I wanted Australia to fail
Reply #53 - Apr 25^th, 2012 at 1:29pm

Ex Dame Pansi wrote on Apr 25^th, 2012 at 1:26pm:

Andrei.Hicks wrote on Apr 25^th, 2012 at 8:56am:

Ex Dame Pansi wrote on Apr 25^th, 2012 at 7:44am:

If I wanted Australia to fail I would align myself with America and give our biggest trading partner the flick.

Whether we are in boom times or crises we will align ourselves with what's white.

The country that shoots praying Buddhists in the back, runs tanks over protestors and is - according to Amnesty - holding thousands of political opponents in jail on no charge?

Glad to see you care a lot about human rights.

Whoever you choose to get into bed with, they will be bad guys. I'd rather go with the bad guy who is a powerful and growing force, rather than the broke and crumbling version.

America's track record on human rights is appalling so that line of argument is redundant.

China's human rights can only improve, whilst America's are speedily regressing.

Neither China or the USA should be lecturing others on human rights.

Go the Bunnies

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philperth2010

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Re: If I wanted Australia to fail
Reply #54 - Apr 25^th, 2012 at 1:43pm

When revenue falls as it has due to the global financial crisis the Government must cut spending or increase taxes.....However if the Government cuts spending or increases taxes during the height of an economic down turn the economy will fall into recession and take years to recover as we are finding in most other OCD countries.....Most countries reduced interest rates but also reduced spending which slowed their economies causing massive job losses and reduced revenue due to slower growth and reduced taxes!!!

Labor maintained the spending and increased stimulus spending to save the economy until the worst of the financial crisis was over and business confidence returned maintaining jobs and budget revenue!!!

Now that the economy is returning to surplus the Government can raise taxes and cut spending to address the structural deficit that relies on the revenue from the mining boom to remain in the black.....Relying on revenue from the mining boom to fund spending is short sighted and fiscally unsustainable.....Labor are now raising taxes on mining and introducing a carbon tax to help maintain the structural integrity of the budget that was eroded during the Howard spendathon....To say Labor is doing nothing about the structural deficit is stupid and typical of the Conservative way of thinking!!!

Abbott will cut spending and increase benefits to the wealthy with no way of increasing revenue to address the structural deficit in the budget.....Abbott thinks the mining boom will fund his promises and he can continue to provide handouts to the private sector and well off hand over fist to maintain political support for his own ambitions.....Abbott will destroy the Australian economy and guarantee greater hardship for all Australians in the future if he ever slithers into the top job!!!

Be careful that victories do not carry the seed of future defeats.
Ralph W. Sockman

If knowledge can create problems, it is not through ignorance that we can solve them.
Isaac Asimov (1920 - 1992)

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philperth2010

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Re: If I wanted Australia to fail
Reply #55 - Apr 25^th, 2012 at 1:45pm

adelcrow wrote on Apr 25^th, 2012 at 1:23pm:

The surplus is just political and a waste of time at this point in our economic history.
We should be looking at real cuts to spending and looking at ways of slowing the overheating mining industry to bring the Aussie dollar down to benefit the rest of the economy.
The mining boom in WA does nothing to help a manufacturer of widgets in Sydney and in fact is hurting primary industries and other exporters.
Slowing the mining boom doesn't mean all our resources suddenly disappear what it does mean is they will be around much longer the rest of our economy can have some breathing space.

You are correct.....That is what the mining resources rent tax is aimed at doing.....The Conservatives are only interested in short term political support not the future of the nation!!!

Angry

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Angry

Angry

If knowledge can create problems, it is not through ignorance that we can solve them.
Isaac Asimov (1920 - 1992)

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falah

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Re: If I wanted Australia to fail
Reply #56 - Apr 25^th, 2012 at 1:57pm

The fact is that Labor prevented Australia from being deeply affected by the GFC with their stimulus package.

When Labor was spending the money, the Liberals were whining on about the surplus disappearing and governement debt.

The Liberals aren't pushing that line anymore now that it is obvious that this saved Australia from ending up like other Western nations.

Nothing is worthy of worship except God Almighty - our Creator!

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Johnsmith

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Re: If I wanted Australia to fail
Reply #57 - Apr 25^th, 2012 at 2:12pm

longweekend58 wrote on Apr 25^th, 2012 at 12:24pm:

Johnsmith wrote on Apr 24^th, 2012 at 9:41pm:

Depends on how you decide what is failure... Under Gillards leadership we are Number I in the world .. Howard NEVER got us that far up the ladder ...

actually he did. we had the worlds best economy in 2007 and before. we also were one of only a hdnful of countires to have no debt and running surplueses. you really discredit yourself with arguments like this. If anything, it is the Ray bradbury argument anyhow.

not sure where you got that info ... was it those fairies again?

When politicians offer you something for nothing, or something that sounds too good to be true, it's always worth taking a careful second look.
(Malcolm Turncoat)

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longweekend58

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Re: If I wanted Australia to fail
Reply #58 - Apr 25^th, 2012 at 4:01pm

adelcrow wrote on Apr 25^th, 2012 at 1:29pm:

Ex Dame Pansi wrote on Apr 25^th, 2012 at 1:26pm:

Andrei.Hicks wrote on Apr 25^th, 2012 at 8:56am:

Ex Dame Pansi wrote on Apr 25^th, 2012 at 7:44am:

If I wanted Australia to fail I would align myself with America and give our biggest trading partner the flick.

Whether we are in boom times or crises we will align ourselves with what's white.

The country that shoots praying Buddhists in the back, runs tanks over protestors and is - according to Amnesty - holding thousands of political opponents in jail on no charge?

Glad to see you care a lot about human rights.

Whoever you choose to get into bed with, they will be bad guys. I'd rather go with the bad guy who is a powerful and growing force, rather than the broke and crumbling version.

America's track record on human rights is appalling so that line of argument is redundant.

China's human rights can only improve, whilst America's are speedily regressing.

Neither China or the USA should be lecturing others on human rights.

but if you had to choose, who would you choose then? That perennial idiot pansi would choose China but while America has some problems (dont we all) their human rights record towers above pretty much everyone elses.

AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."

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longweekend58

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Re: If I wanted Australia to fail
Reply #59 - Apr 25^th, 2012 at 4:04pm

philperth2010 wrote on Apr 25^th, 2012 at 1:43pm:

When revenue falls as it has due to the global financial crisis the Government must cut spending or increase taxes.....However if the Government cuts spending or increases taxes during the height of an economic down turn the economy will fall into recession and take years to recover as we are finding in most other OCD countries.....Most countries reduced interest rates but also reduced spending which slowed their economies causing massive job losses and reduced revenue due to slower growth and reduced taxes!!!

Labor maintained the spending and increased stimulus spending to save the economy until the worst of the financial crisis was over and business confidence returned maintaining jobs and budget revenue!!!

Now that the economy is returning to surplus the Government can raise taxes and cut spending to address the structural deficit that relies on the revenue from the mining boom to remain in the black.....Relying on revenue from the mining boom to fund spending is short sighted and fiscally unsustainable.....Labor are now raising taxes on mining and introducing a carbon tax to help maintain the structural integrity of the budget that was eroded during the Howard spendathon....To say Labor is doing nothing about the structural deficit is stupid and typical of the Conservative way of thinking!!!

Abbott will cut spending and increase benefits to the wealthy with no way of increasing revenue to address the structural deficit in the budget.....Abbott thinks the mining boom will fund his promises and he can continue to provide handouts to the private sector and well off hand over fist to maintain political support for his own ambitions.....Abbott will destroy the Australian economy and guarantee greater hardship for all Australians in the future if he ever slithers into the top job!!!

Be careful that victories do not carry the seed of future defeats.
Ralph W. Sockman

even by your normal abysmal standards of cheer-leading, that is crap. there is nothing 'structural' about a carbon tax. and the mining tax is mere gouging plus how is a tax solely on mining supports to help us when mining ceases? is the point of fixing this mythical strucural deficit to REDUCE our reliance on things liek mining? so labor INCREASES the mining taxes!! Way to go for doing the complete opposite of what they should be doing. And no points to you for cheering yet another ill-concieved and misdriected labor policy that will have (as usual) the absolute opposite effect as intended.

AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."

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