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longweekend58
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sir prince duke alevine wrote on Mar 31 st, 2013 at 5:01pm: longweekend58 wrote on Mar 31 st, 2013 at 4:49pm: sir prince duke alevine wrote on Mar 31 st, 2013 at 4:43pm: longweekend58 wrote on Mar 31 st, 2013 at 4:40pm: Kat wrote on Mar 31 st, 2013 at 4:33pm: MOTR wrote on Mar 31 st, 2013 at 4:31pm: sir prince duke alevine wrote on Mar 31 st, 2013 at 4:26pm: longweekend58 wrote on Mar 31 st, 2013 at 4:01pm: not that this is exactly an unbiased view.
But can anyone else smell the sheer desperation in the posts of people who simply cannot countenance the massacre coming their way in the coming election?
not only was the GFC a product of 'greed is good' but now we have to contend with the 'debt is good, debt is great, can we have some more please' argument from the morons that brought us the GFC in the first place. Debt is a sometimes necessity but it is always an evil that needs to be paid back in good times. But the logic in labor circles is that as long as we have less debt that countries that are on the verge of bankruptcy, it is okay. It is that kind of idiocy that lead to these countries becoming insolvent in the first place.
5 years ago labor lamblasted Howard because private individuals had record debt and government had none. in a fit of stupidity that only labor could come up with, private individuals have reduced personal debt by record amounts having seen what the GFC affects those in debt only to see the govt go into massive debt in record time and then defend it as GOOD. not even 'neceessary' but GOOD.
another reason why joe voter who has gone without to reduced debt looks at a debt-addicted labor govt and questions their integrity and competence. Quite simply put, you are deluded. The article in no way suggests that debt is good. What it suggests is that given economic climate as a result of the GFC in 2008, taking on debt to support the economy was a necessity. And what it suggests is that by no means should we never repay debt, but the current economic climate puts us in a position where we are better off then many others, with our debt levels. And, should not be putting such a hysteria on it as Abbott and the likes of you suggest. Further, what has been suggested is that we have a fiscal problem as a result of MIDDLE CLASS WEALTHFARE brought on by the imbeciles like Howard, who did not see the long term problem, but rather a short term opportunity to win votes. Read properly next time. That's a pretty decent synopsis. Agreed. In Spades. except who is going to pay off this debt, unemployment boy? YOU? no. your contribution will be adding to the debt from your dole and then whining about it. And your true thoughts have just been shown in all their glory. i have had enough of Kat pretty much in every post saying he wants more dole. it gets old after a while and it is particularly galling to hear people (like imfullofit) talking about such matters when they are solely on the taking side of the equation. well guess what, I was on the taking side for around 3 months whilst completing my uni studies. And that's about it. And I can tell you, many years after ever receiving a smidgen of welfare, that IT NEEDS TO BE INCREASED for those WHO NEED IT and removed for those who get it as a bonus. most of us have been in the same situation as well but didnt spend years whining about it. and i did my university with ZERO govt support. no allowances, no welfare at all.
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