perceptions_now
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Australian Politics
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Perth WA
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longweekend58 wrote on Jan 7 th, 2015 at 1:09pm: perceptions_now wrote on Jan 7 th, 2015 at 12:42pm: longweekend58 wrote on Jan 7 th, 2015 at 11:34am: perceptions_now wrote on Jan 7 th, 2015 at 11:24am: I re-post the following here, as it is relevant! perceptions_now wrote on Jan 7 th, 2015 at 11:23am: Remember the 'good old days'?
You would Longy, because that's where you live!
What you do not understand, is WHY they were the good old days!
However and as usual, you also do not understand that much of the current problems arise from the fact that Politicians, both Labor & Liberal, did not do what was needed in the Best, Long Term interests of all Australians, over many decades, they simply look at their own short term interests & those of their "supporters"!
Notwithstanding the above comment, our Pollies on both sides, still arrived at much better outcomes than many other countries, as quite look at the Debt to GDP ratios will confirm, with the OZ ratio being around 25-30%, whilst others are 100%, 200% & more!
As I said, you have no idea! only in your simple little mind is a comparison among losers of some meaning. On the contrary, it takes a simple mind, not to draw comparisons! What would you be saying, IF Australia was up around the Japanese Debt to GDP ratio of about 250%. You would/should correctly be saying at 250% we (OZ) would be stuffed, AS JAPAN IS IN FACT, STUFFED! And, Much of Europe & the US, is already well over what is generally regarded as the cut off point, where A GREAT DEAL OF PAIN WILL INEVITABLY COME FROM THAT 100% FIGURE, IN ANY ECONOMY! Whilst the 25-30% in OZ is higher than it was, it is well inside Historically/Globally acceptable figures. That said, on this occasion, both major Parties should have keep our Debt much lower and they should also have already introduced quite a few changes, which are now well overdue, in both the Revenue & Expenditure areas! your problem is that all you do is ant to be better than the worst and not even be best, nevermind apply a standard of actual EXCELLENCE. How about applying a level of economic and fiscal excellence in its own right than simply whining that we 'are better than most of the other retards'. even in primary school that was considered lame. I think you meant WANT not ant! As usual, you revert to personal attacks, as soon as you start losing, which is usually quite quick! Try facts Longy, REPLY TO THE FACTS!
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