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Liberal Surpluses (Read 2427 times)
Andrei.Hicks
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Re: Liberal Surpluses
Reply #15 - May 10th, 2012 at 12:04am
 
You'd have to admit though that we were better off under Howard.

When Howard was in, we did well in budgets. He gave us a greater share in the economic well being of the country, we got $5k payments for our children, we got family benefits, we got decent rebates on our health cover.

Under Labor -
Took away the baby bonus
Taken away the health insurance rebate
Cut the superannuation tax assistance

Labor just dislike the people who basically pay for the country.

Howard didn't. Howard helped us.
It was a far better time for us all.
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Anyone who lives within their means suffers from a lack of imagination - Oscar Wilde
 
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Dnarever
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Re: Liberal Surpluses
Reply #16 - May 10th, 2012 at 5:17am
 
Maqqa wrote on May 9th, 2012 at 6:14pm:
adelcrow wrote on May 9th, 2012 at 6:12pm:
Maqqa wrote on May 9th, 2012 at 6:08pm:
adelcrow wrote on May 9th, 2012 at 5:11pm:
If we are guaranteed surpluses under a Liberal Govt can someone please supply a list of Liberal Treasurers since the inception of the party that have provided this country with a surplus.
I can only come up with one.


How is that relevant in terms of surpluses?


Just because the two best treasurers this country has ever seen had surpluses doesnt mean hacks like Swan or Hockey ever will.


We know Swan is a hack because of his Grocery Watch


There’s a real empty assessment. Whether you are right or wrong this one instance of pretty much nothing does not support your conclusion.

It would be more accurate to say that Costello was a hack because of his stuff up on gold.

That was an actual real, meaningful and incompetent decision which has cost us heaps.

Of course even that error does not give an indication of his worth and overall performance which was reasonably good at worst.
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Dnarever
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Re: Liberal Surpluses
Reply #17 - May 10th, 2012 at 5:23am
 
Maqqa wrote on May 9th, 2012 at 6:31pm:
You vote for a group not for an individual - because its the group that will collectively make or break this country

You can see this very clearly with Rudd as PM then Gillard as PM.

Rudd was a self obsessed ego-manic that the majority of Caucus hates

Gillard can't control her team and is a pathological liar

Both instances they are all about self interest

A change in leadership of a sitting government is always de-stablising.


You vote for a group not for an individual - because its the group that will collectively make or break this country

You make this statment but your opinions listed below it seem to be in contradiction - not supporting your principal.
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Doctor Jolly
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Re: Liberal Surpluses
Reply #18 - May 10th, 2012 at 8:59am
 
Costello's surpluses were made by selling public assets (telstra, airports, etc).

Eventually he would have run out of tax payer owned assets to sell

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longweekend58
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Re: Liberal Surpluses
Reply #19 - May 10th, 2012 at 9:16am
 
adelcrow wrote on May 9th, 2012 at 5:45pm:
Incomptinence wrote on May 9th, 2012 at 5:44pm:
Every liberal has the midas touch duh.

That is why every single one of them knows everything about the economy. Oh save us wise libs!


I have one Labor Paul Keating and one Liberal Peter Costello..are there any others?


You forget that there were 6 treasurers with an ACTUAl surplus.

they are:

Keating
Costello (2007)
Costello (2006)
Costello (2005)
Costello (2004)
Costello (2003)

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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: Liberal Surpluses
Reply #20 - May 10th, 2012 at 9:17am
 
Doctor Jolly wrote on May 10th, 2012 at 8:59am:
Costello's surpluses were made by selling public assets (telstra, airports, etc).

Eventually he would have run out of tax payer owned assets to sell



not even close to true. because airports made $22B? and lets not forget that he inherited a $10B deficit.
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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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Incomptinence
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Re: Liberal Surpluses
Reply #21 - May 10th, 2012 at 9:20am
 
We need to cross the Costello and Keating bloodlines to create the ultimate treasurer breed.

We shall call this project les enfant icantspeakawordoffrenchibles.
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Maqqa
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Re: Liberal Surpluses
Reply #22 - May 10th, 2012 at 9:23am
 
longweekend58 wrote on May 10th, 2012 at 9:17am:
Doctor Jolly wrote on May 10th, 2012 at 8:59am:
Costello's surpluses were made by selling public assets (telstra, airports, etc).

Eventually he would have run out of tax payer owned assets to sell



not even close to true. because airports made $22B? and lets not forget that he inherited a $10B deficit.


@Jolly

Why did Costello sell the assets? Could you provide references to where he used it to fund the Budget
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Bill 14% is not the alcohol content of that wine. It's your poll number
 
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Doctor Jolly
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Re: Liberal Surpluses
Reply #23 - May 10th, 2012 at 9:40am
 
Incomptinence wrote on May 10th, 2012 at 9:20am:
We need to cross the Costello and Keating bloodlines to create the ultimate treasurer breed.

We shall call this project les enfant icantspeakawordoffrenchibles.



Costello wasnt a good treasurer.   Not in the class of Keating or even Swan.

Imagine if Costello was treasurer through the GFC. He'd be delivering us a "surplus" *, while the country dived head long into a depression.

If still in power now, he'd have run out of assets to sell, and his surplus's would be harder and harder to achieve.


His surpluses, instead of being invested in much needs infrastructure, were pissed up against the wall on vote buying middle class welfare.

* surplus = over taxation

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longweekend58
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Re: Liberal Surpluses
Reply #24 - May 10th, 2012 at 10:54am
 
Doctor Jolly wrote on May 10th, 2012 at 9:40am:
Incomptinence wrote on May 10th, 2012 at 9:20am:
We need to cross the Costello and Keating bloodlines to create the ultimate treasurer breed.

We shall call this project les enfant icantspeakawordoffrenchibles.



Costello wasnt a good treasurer.   Not in the class of Keating or even Swan.

Imagine if Costello was treasurer through the GFC. He'd be delivering us a "surplus" *, while the country dived head long into a depression.

If still in power now, he'd have run out of assets to sell, and his surplus's would be harder and harder to achieve.


His surpluses, instead of being invested in much needs infrastructure, were pissed up against the wall on vote buying middle class welfare.

* surplus = over taxation



yeah you keep saying that. You mind even find the odd fool who will agree. But it really does trash your credibility.
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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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FriYAY
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Re: Liberal Surpluses
Reply #25 - May 10th, 2012 at 11:04am
 
Doctor Jolly wrote on May 10th, 2012 at 9:40am:
Incomptinence wrote on May 10th, 2012 at 9:20am:
We need to cross the Costello and Keating bloodlines to create the ultimate treasurer breed.

We shall call this project les enfant icantspeakawordoffrenchibles.



Costello wasnt a good treasurer.   Not in the class of Keating or even Swan.

Imagine if Costello was treasurer through the GFC. He'd be delivering us a "surplus" *, while the country dived head long into a depression.

If still in power now, he'd have run out of assets to sell, and his surplus's would be harder and harder to achieve.


His surpluses, instead of being invested in much needs infrastructure, were pissed up against the wall on vote buying middle class welfare.

* surplus = over taxation



So Swan’s surplus = over taxation as well?

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longweekend58
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Re: Liberal Surpluses
Reply #26 - May 10th, 2012 at 11:33am
 
FriYAY wrote on May 10th, 2012 at 11:04am:
Doctor Jolly wrote on May 10th, 2012 at 9:40am:
Incomptinence wrote on May 10th, 2012 at 9:20am:
We need to cross the Costello and Keating bloodlines to create the ultimate treasurer breed.

We shall call this project les enfant icantspeakawordoffrenchibles.



Costello wasnt a good treasurer.   Not in the class of Keating or even Swan.

Imagine if Costello was treasurer through the GFC. He'd be delivering us a "surplus" *, while the country dived head long into a depression.

If still in power now, he'd have run out of assets to sell, and his surplus's would be harder and harder to achieve.


His surpluses, instead of being invested in much needs infrastructure, were pissed up against the wall on vote buying middle class welfare.

* surplus = over taxation



So Swan’s surplus = over taxation as well?



swans surplus is a bit like Thomson's innocence.  Illusory and ultimately proven wrong.
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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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Doctor Jolly
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Re: Liberal Surpluses
Reply #27 - May 10th, 2012 at 12:15pm
 
FriYAY wrote on May 10th, 2012 at 11:04am:
Doctor Jolly wrote on May 10th, 2012 at 9:40am:
Incomptinence wrote on May 10th, 2012 at 9:20am:
We need to cross the Costello and Keating bloodlines to create the ultimate treasurer breed.

We shall call this project les enfant icantspeakawordoffrenchibles.



Costello wasnt a good treasurer.   Not in the class of Keating or even Swan.

Imagine if Costello was treasurer through the GFC. He'd be delivering us a "surplus" *, while the country dived head long into a depression.

If still in power now, he'd have run out of assets to sell, and his surplus's would be harder and harder to achieve.


His surpluses, instead of being invested in much needs infrastructure, were pissed up against the wall on vote buying middle class welfare.

* surplus = over taxation



So Swan’s surplus = over taxation as well?



In a near $1 trillion dollar economy, breaking even by $1.5b either way, is essentially a neutral budget.

There are plenty of economic professionals who dispell this surplus at all costs mentality.  Heres just one:

http://www.abc.net.au/money/currency/features/feat13.htm

The claim is often made that governments which run structural budget surpluses, and achieve this goal through expenditure restraint, are better economic managers than those which run structural deficits. In fact structural surpluses can often indicate weak, lazy government rather than economic competence and virility.
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FriYAY
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Re: Liberal Surpluses
Reply #28 - May 10th, 2012 at 12:20pm
 
Doctor Jolly wrote on May 10th, 2012 at 12:15pm:
FriYAY wrote on May 10th, 2012 at 11:04am:
Doctor Jolly wrote on May 10th, 2012 at 9:40am:
Incomptinence wrote on May 10th, 2012 at 9:20am:
We need to cross the Costello and Keating bloodlines to create the ultimate treasurer breed.

We shall call this project les enfant icantspeakawordoffrenchibles.



Costello wasnt a good treasurer.   Not in the class of Keating or even Swan.

Imagine if Costello was treasurer through the GFC. He'd be delivering us a "surplus" *, while the country dived head long into a depression.

If still in power now, he'd have run out of assets to sell, and his surplus's would be harder and harder to achieve.


His surpluses, instead of being invested in much needs infrastructure, were pissed up against the wall on vote buying middle class welfare.

* surplus = over taxation



So Swan’s surplus = over taxation as well?



In a near $1 trillion dollar economy, breaking even by $1.5b either way, is essentially a neutral budget.

There are plenty of economic professionals who dispell this surplus at all costs mentality.  Heres just one:

http://www.abc.net.au/money/currency/features/feat13.htm

The claim is often made that governments which run structural budget surpluses, and achieve this goal through expenditure restraint, are better economic managers than those which run structural deficits. In fact structural surpluses can often indicate weak, lazy government rather than economic competence and virility.


You stated surpluses = over taxation.

So Swan’s surplus = over taxation as well?

Simple question..

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Doctor Jolly
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Re: Liberal Surpluses
Reply #29 - May 10th, 2012 at 12:20pm
 
longweekend58 wrote on May 10th, 2012 at 10:54am:
Doctor Jolly wrote on May 10th, 2012 at 9:40am:
Incomptinence wrote on May 10th, 2012 at 9:20am:
We need to cross the Costello and Keating bloodlines to create the ultimate treasurer breed.

We shall call this project les enfant icantspeakawordoffrenchibles.



Costello wasnt a good treasurer.   



yeah you keep saying that. You mind even find the odd fool who will agree. But it really does trash your credibility.


Even your right-wing Australian newspaper thinks Costello was an incompitent gimp...


http://www.theaustralian.com.au/news/opinion/coalition-faces-a-ruinous-record/story-e6frg7ex-1225712757155

A stimulus-free budget would have faced deficits of $25.6 billion in 2009-10, $38.4billion in 2010-11 and $31.3 billion in 2011-12. That was, in effect, the Costello trajectory. It would have been worse, of course, because no spending would have made the recession deeper and crunched revenues by even more.

How exactly did the Howard-Costello government prepare the nation for what came next when it left behind a budget that could not afford to spend in bad times without breaking all previous deficit records?

The Coalition must cut the cord with its past if it wants to argue with credibility on fiscal prudence.
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