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Labor's treachery lowers AAA credit rating (Read 3115 times)
perceptions_now
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Re: Labor's treachery lowers AAA credit rating
Reply #30 - Jul 8th, 2016 at 2:18pm
 
So, can anyone nominate the "Primary & major Secondary  Economic influencing factors", which are in play?

AND, can anyone explain, Why Global Debt is Continuing an upward Spiral unabated, when it would "normally" have started to Decline?
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stunspore
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Re: Labor's treachery lowers AAA credit rating
Reply #31 - Jul 8th, 2016 at 3:15pm
 
Wonder why would libs care about the credit rating they didn't achieve.  All they should worry about is how to transfer more wealth to themselves (legally).
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Bam
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Re: Labor's treachery lowers AAA credit rating
Reply #32 - Jul 8th, 2016 at 3:30pm
 
Sprintcyclist wrote on Jul 8th, 2016 at 1:00pm:
juliar wrote on Jul 8th, 2016 at 12:27am:
...............the glaringly obvious fact that the AAA credit rating shock is a direct result of the willfully grossly irresponsible economic vandalism that occurred during  the six years of Krudd/Gillard/Krudd criminal neglect of public responsibility.............

.............Labor vandals stuffed it..........by borrowing a GIGANTIC amount of foreign debt.............


............the LNP started with an empty cash box and falling mining exports and they had to deal with a Senate who refused to pass absolutely essential legislation.............

..........the LNP's hands were tied when they tried to implement the very economic measures the AAA credit rating is crying out for them to do........


though I do find juliar a wee bit biased, the points stated here are just plain economic facts

No they're not. It's just regurgitated Coalition bullsht. I have highlighted all the points that are accurate. None of them.

Sprintcyclist wrote on Jul 8th, 2016 at 1:00pm:
I have abbreviated some for clarity.
the message is the same

Australia achieved a AAA rating with all major ratings agencies when Labor was in office. If there was a problem with Labor's management, this wouldn't have happened.

The warning came on the Coalition's watch after three years of reckless politicking where the Coalition proposed ideologically-driven measures that had no hope of passing the Senate. The 2014 Budget was the worst Budget in a generation and that's why most of the measures were rejected. The Coalition should learn to propose less controversial measures that have wider support.

Be realistic here. The Coalition have gone to a DD election because they refused to work with the Senate, almost ended up losing government, will lose up to four Senate seats and they will end up with an even more hostile Senate. The problems with the Senate will be of the Coalition's own making. The Coalition have two choices: learn to work with what they have, or the Australian people will vote in a new government at the next election who will work better. If the Coalition cannot govern effectively, soon they won't be governing at all.
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perceptions_now
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Re: Labor's treachery lowers AAA credit rating
Reply #33 - Jul 8th, 2016 at 5:20pm
 
perceptions_now wrote on Jul 8th, 2016 at 2:18pm:
So, can anyone nominate the "Primary & major Secondary  Economic influencing factors", which are in play?

AND, can anyone explain, Why Global Debt is Continuing an upward Spiral unabated, when it would "normally" have started to Decline?


Let me provide a hint it all starts with "Demand & Supply", which are then influenced, to greater & lesser extents, by other factors!

But, what is happening to "Demand & Supply" AND what are the other major Economic Factors & what is happening to them, which is causing "normal" Economic "Highs & Lows" to go completely out of "usual parameters"???
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perceptions_now
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Re: Labor's treachery lowers AAA credit rating
Reply #34 - Jul 9th, 2016 at 3:48pm
 
perceptions_now wrote on Jul 8th, 2016 at 5:20pm:
perceptions_now wrote on Jul 8th, 2016 at 2:18pm:
So, can anyone nominate the "Primary & major Secondary  Economic influencing factors", which are in play?

AND, can anyone explain, Why Global Debt is Continuing an upward Spiral unabated, when it would "normally" have started to Decline?


Let me provide a hint it all starts with "Demand & Supply", which are then influenced, to greater & lesser extents, by other factors!

But, what is happening to "Demand & Supply" AND what are the other major Economic Factors & what is happening to them, which is causing "normal" Economic "Highs & Lows" to go completely out of "usual parameters"???


So, it would seem, it's about "the PR of Politics - 99%" and the "Realities of Economics - are only 1%"?

Everyone is happy to make "Political PR Comments", But comments on the "Political Realities", are a whole other story!
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