True Blue... wrote on Nov 7
th, 2014 at 5:10pm:
Aussie wrote on Nov 7
th, 2014 at 4:02pm:
Very premature in the gloating folks ~ 'the ink is not dry ~ well that's what Joyce said later today trying to hose down the false expectation of early this morning. And.....we don't have a million units of cattle loitering around the place ready to leap on a ship to travel to non-existent Chinese receiving logistics.
no one is gloating aussie but we are all excited after years of being the world joke in export terms due to Labors laziness and frequent habit of insulting our trading partners...

look at all the lefties in this thread... its like they hate success and are trying to howl it down..
looking at labors 8 years in office they made sure that there was no success as they know that their supporters just hate it as much as they do...
spend up big, throw away money like drunken sailors and destroy business by banging stupid taxes on them like the "carbon tax"... and put Australia in massive debt..
then when their useless leaders die some years later they hail them as hero's...
Abbot is the one been insulting our trading partners!
Deals like this (tho not 1m cattle obviously) probably feasible due to Gillard negotiating for the $A to be the third currency that can be directly traded for the Chinese currency.
The stimulus protected us from the GFC, no recession here and we were the 12th largest economy at the time of the election, having surpassed Spain. 12th largest!
The Carbon Price was working well, very many businesses adapted when the price signal hit and reduced costs overall as well as reducing emissions. What put us in debt was Costello’s structural Budget deficit and Howard’s irresponsible spending which is STILL causing the Budget to bleed red ink to negative gearers, to the super rich using super to avoid tax and the like. The highly indebted household sector is also holding back the recovery—this debt due to the real estate boom 2001–7 that Howard & Costello fed with tax cuts, pork and irresponsible spending.
This present shambles increased spending, wound back action to tighten FBT and reduce the super rort. Their incompetent Budget is still not through the Parliament and much will be just abandoned.
I would wait till the MEYFO is out before slamming the previous Labor govt!