Australian Politics Forum - Australia's declining economy

cods

Gold Member

Offline

Australian Politics

Posts: 88048

Re: Australia's declining economy
Reply #15 - Dec 6^th, 2018 at 1:16pm

Bam wrote on Dec 6^th, 2018 at 1:10pm:

cods wrote on Dec 6^th, 2018 at 12:31pm:

wayne and julia did in 2010 20111 2012even 2013 no ifs or buts..

never fear Bill will deliver you watch.

And then the Liberals had the chutzpah to blame Labor for restraining spending to balance the Budget. With this amount of spin, the Liberals have the wrong occupation. They should have been bowling leg spin in Test cricket.

lefties were left a SURPLUS and what did the LIBS get left with?????..

lets not forget when they left the SURPLUS they had also cleared KEATINGS MASSIVE DEBT.as well..

you do tend to forget those small details bam... Roll Eyes

you never give credit where its due.

Back to top

IP Logged

TheFunPolice

Gold Member

Offline

Australian Politics

Posts: 9009
waggawagga
Gender: male

Re: Australia's declining economy
Reply #16 - Dec 6^th, 2018 at 1:22pm

Bam wrote on Dec 6^th, 2018 at 8:09am:

Laugh till you cry wrote on Dec 6^th, 2018 at 12:04am:

Its going to slow even further if Chinese trade drops and further still if oil prices stay low or go lower.

That is not correct. Oil prices constrain the economy more when they are high, not when they are low. Higher oil prices cause higher fuel prices and this takes money out of the economy.

This problem will persist until we wean ourselves off imported oil-based fuel. Encouraging the replacement of petrol vehicles with electric vehicles and introducing a domestic biofuel industry should be considered.

There is also the argument that jobs are lost when projects no longer become viable... without jobs people lose their houses!

Back to top

......Australia has an illegitimate Government!

IP Logged

TheFunPolice

Gold Member

Offline

Australian Politics

Posts: 9009
waggawagga
Gender: male

Re: Australia's declining economy
Reply #17 - Dec 6^th, 2018 at 1:24pm

philperth2010 wrote on Dec 6^th, 2018 at 11:00am:

aquascoot wrote on Dec 6^th, 2018 at 10:00am:

philperth2010 wrote on Dec 6^th, 2018 at 9:27am:

aquascoot wrote on Dec 6^th, 2018 at 6:04am:

this could be reversed.

morrison and shorten need to tell fat steve and fat janeen that they need to stop the complaining and start some businesses.

they need to tell fat steve and fat janeen that they live at the pinnacle of prosperity and that no one ever had it easier then an australian living in 2018.

they need to tell them that if they cant contribute and push thru problems and be a source of positive joy and inspiration , then they freaking suck.

they need to tell them that to complain and whine and expect canberra to fix all their problems is to descend into the mind frame of a 4 yo.

scott
bill
help
help me.

when i was 4 i had a problem and my mummy helped me

are you my mummy scott
are you my mummy bill.

why wont anyone help me
i'm sad
i think i'll construct my personality around it
the story of me.

"me,me ,me and my rough little life"

i think i'll tell everyone about it and post my complaints on line.

just so you know
just so you know.

do that if you want.
self pity is totally understandable
its also totally useless by the way.

the fact that our politicians pander to this sort of self destruction is unforgivable

What a load of bullshit....If the Government cannot provide leadership and implement policies that provide certainty and clarity to business and investment the economy suffers and so do the public....Blaming the public when the economy is flat and investment id declining is typical right wing wanker stuff....If the Government takes responsibility when things are going well they deserve the blame when things are going bad especially when it is their fault....No policies, No leadership and no f@#king idea....This rabble must go!!!

Roll Eyes

heres a thought.
youre a grown man
how about YOU provide leadership and go start a business and employ some people.

No?

i guess its just easier to complain and behave like a little puke that wants Scott and Bill to look after him and wipe his bottom from"cradle to grave" Roll Eyes

Here is a thought....How about the Government does what it is elected to do and show some leadership....Instead of blaming the public because the economy is slowing how about you get your head out of your fat ass and place the blame were it belongs....You are all about blaming other people for this crap Government....Typical right wing dickhead!!!

Roll Eyes

aqua believes if you don't own a 50 year old company you're a failure: IMAGINE THAT FOR A DAD LOL! Cheesy

Back to top

......Australia has an illegitimate Government!

IP Logged

cods

Gold Member

Offline

Australian Politics

Posts: 88048

Re: Australia's declining economy
Reply #18 - Dec 6^th, 2018 at 1:27pm

TheFunPolice wrote on Dec 6^th, 2018 at 1:22pm:

Bam wrote on Dec 6^th, 2018 at 8:09am:

Laugh till you cry wrote on Dec 6^th, 2018 at 12:04am:

Its going to slow even further if Chinese trade drops and further still if oil prices stay low or go lower.

That is not correct. Oil prices constrain the economy more when they are high, not when they are low. Higher oil prices cause higher fuel prices and this takes money out of the economy.

This problem will persist until we wean ourselves off imported oil-based fuel. Encouraging the replacement of petrol vehicles with electric vehicles and introducing a domestic biofuel industry should be considered.

There is also the argument that jobs are lost when projects no longer become viable... without jobs people lose their houses!

stop worrying drah Bill will fix everything hes promised...

I cant wait to see what he is going to throw at me....he hasnt got to us dependents yet!

but I know he will...on ya Bill.

Back to top

IP Logged

TheFunPolice

Gold Member

Offline

Australian Politics

Posts: 9009
waggawagga
Gender: male

Re: Australia's declining economy
Reply #19 - Dec 6^th, 2018 at 1:37pm

cods wrote on Dec 6^th, 2018 at 1:27pm:

TheFunPolice wrote on Dec 6^th, 2018 at 1:22pm:

Bam wrote on Dec 6^th, 2018 at 8:09am:

Laugh till you cry wrote on Dec 6^th, 2018 at 12:04am:

Its going to slow even further if Chinese trade drops and further still if oil prices stay low or go lower.

That is not correct. Oil prices constrain the economy more when they are high, not when they are low. Higher oil prices cause higher fuel prices and this takes money out of the economy.

This problem will persist until we wean ourselves off imported oil-based fuel. Encouraging the replacement of petrol vehicles with electric vehicles and introducing a domestic biofuel industry should be considered.

There is also the argument that jobs are lost when projects no longer become viable... without jobs people lose their houses!

stop worrying drah Bill will fix everything hes promised...

I cant wait to see what he is going to throw at me....he hasnt got to us dependents yet!

but I know he will...on ya Bill.

I'm not worried: you only need one house in this life!

Back to top

......Australia has an illegitimate Government!

IP Logged

juliar Gold Member Offline Australian Politics Posts: 22966	Re: Australia's declining economy Reply #20 - Dec 6^th, 2018 at 2:12pm Is Futility in search of Failure really in a Nursing Home ?
Back to top	IP Logged

Cu Chulainn

Gold Member

Offline

Australian Politics

Posts: 2135
Gender: male

Re: Australia's declining economy
Reply #21 - Dec 6^th, 2018 at 4:05pm

cods wrote on Dec 6^th, 2018 at 1:16pm:

Bam wrote on Dec 6^th, 2018 at 1:10pm:

cods wrote on Dec 6^th, 2018 at 12:31pm:

wayne and julia did in 2010 20111 2012even 2013 no ifs or buts..

never fear Bill will deliver you watch.

And then the Liberals had the chutzpah to blame Labor for restraining spending to balance the Budget. With this amount of spin, the Liberals have the wrong occupation. They should have been bowling leg spin in Test cricket.

lefties were left a SURPLUS and what did the LIBS get left with?????..

lets not forget when they left the SURPLUS they had also cleared KEATINGS MASSIVE DEBT.as well..

you do tend to forget those small details bam... Roll Eyes

you never give credit where its due.

Do you really think there has only been one surplus in our history? Do you think the Libs have never been left a surplus and then gone into deficit?

Back to top

IP Logged

TheFunPolice

Gold Member

Offline

Australian Politics

Posts: 9009
waggawagga
Gender: male

Re: Australia's declining economy
Reply #22 - Dec 6^th, 2018 at 4:08pm

Cu Chulainn wrote on Dec 6^th, 2018 at 4:05pm:

cods wrote on Dec 6^th, 2018 at 1:16pm:

Bam wrote on Dec 6^th, 2018 at 1:10pm:

cods wrote on Dec 6^th, 2018 at 12:31pm:

wayne and julia did in 2010 20111 2012even 2013 no ifs or buts..

never fear Bill will deliver you watch.

And then the Liberals had the chutzpah to blame Labor for restraining spending to balance the Budget. With this amount of spin, the Liberals have the wrong occupation. They should have been bowling leg spin in Test cricket.

lefties were left a SURPLUS and what did the LIBS get left with?????..

lets not forget when they left the SURPLUS they had also cleared KEATINGS MASSIVE DEBT.as well..

you do tend to forget those small details bam... Roll Eyes

you never give credit where its due.

Do you really think there has only been one surplus in our history? Do you think the Libs have never been left a surplus and then gone into deficit?

cods is back on the metho!

Must have been those nasty liberal voting parnents: oooops, i obviously meant "L"iberal voting parents!

Shocked

Back to top

......Australia has an illegitimate Government!

IP Logged

Black Orchid

Gold Member

Offline

Posts: 5826
Gender: female

Re: Australia's declining economy
Reply #23 - Dec 6^th, 2018 at 4:14pm

Cu Chulainn wrote on Dec 6^th, 2018 at 4:05pm:

cods wrote on Dec 6^th, 2018 at 1:16pm:

Bam wrote on Dec 6^th, 2018 at 1:10pm:

cods wrote on Dec 6^th, 2018 at 12:31pm:

wayne and julia did in 2010 20111 2012even 2013 no ifs or buts..

never fear Bill will deliver you watch.

And then the Liberals had the chutzpah to blame Labor for restraining spending to balance the Budget. With this amount of spin, the Liberals have the wrong occupation. They should have been bowling leg spin in Test cricket.

lefties were left a SURPLUS and what did the LIBS get left with?????..

lets not forget when they left the SURPLUS they had also cleared KEATINGS MASSIVE DEBT.as well..

you do tend to forget those small details bam... Roll Eyes

you never give credit where its due.

Do you really think there has only been one surplus in our history? Do you think the Libs have never been left a surplus and then gone into deficit?

Sure Labor has left a surplus. The last one was in 1989. Almost 30 years ago Cheesy

Back to top

IP Logged

Cu Chulainn

Gold Member

Offline

Australian Politics

Posts: 2135
Gender: male

Re: Australia's declining economy
Reply #24 - Dec 6^th, 2018 at 4:39pm

Black Orchid wrote on Dec 6^th, 2018 at 4:14pm:

Cu Chulainn wrote on Dec 6^th, 2018 at 4:05pm:

cods wrote on Dec 6^th, 2018 at 1:16pm:

Bam wrote on Dec 6^th, 2018 at 1:10pm:

cods wrote on Dec 6^th, 2018 at 12:31pm:

wayne and julia did in 2010 20111 2012even 2013 no ifs or buts..

never fear Bill will deliver you watch.

And then the Liberals had the chutzpah to blame Labor for restraining spending to balance the Budget. With this amount of spin, the Liberals have the wrong occupation. They should have been bowling leg spin in Test cricket.

lefties were left a SURPLUS and what did the LIBS get left with?????..

lets not forget when they left the SURPLUS they had also cleared KEATINGS MASSIVE DEBT.as well..

you do tend to forget those small details bam... Roll Eyes

you never give credit where its due.

Do you really think there has only been one surplus in our history? Do you think the Libs have never been left a surplus and then gone into deficit?

Sure Labor has left a surplus. The last one was in 1989. Almost 30 years ago Cheesy

Care to tell us how many we have had and which side they were under? I believe it's pretty damned even.

Back to top

IP Logged

Bam

Gold Member

Offline

Australian Politics

Posts: 21905
Gender: male

Re: Australia's declining economy
Reply #25 - Dec 6^th, 2018 at 5:16pm

Cu Chulainn wrote on Dec 6^th, 2018 at 4:39pm:

Black Orchid wrote on Dec 6^th, 2018 at 4:14pm:

Sure Labor has left a surplus. The last one was in 1989. Almost 30 years ago Cheesy

Care to tell us how many we have had and which side they were under? I believe it's pretty damned even.

Yes, it's fairly even. Labor's slightly ahead on the ratio but the difference isn't significant.

Surpluses are overrated. The Liberals' idol Menzies never delivered a Budget surplus and neither did Fraser. The number of Liberal PMs who delivered a surplus: one. Labor PMs who delivered a surplus: two.

A Budget surplus is often a sign of economical malaise, such as high inflation (Whitlam) or an overheated economy (Hawke, Howard). None of these governments managed the surplus well. The Whitlam government spent too much, the Hawke government didn't save enough, and the Howard government pissed it all away in unsustainable tax cuts and massive increases in ongoing spending. The Morrison government is going down the same structural insanity that the Liberals always pursue: tens of billions a year in unfunded tax cuts. If debt was such a problem, why isn't the Morrison government using more of the projected surplus to pay it off? Why piss it all away in tax cuts - again?

Back to top

You are not entitled to your opinion. You are only entitled to hold opinions that you can defend through sound, reasoned argument.

IP Logged

cods

Gold Member

Offline

Australian Politics

Posts: 88048

Re: Australia's declining economy
Reply #26 - Dec 6^th, 2018 at 5:26pm

Bill Shorten Can't Remember Labor's Last Surplus, Probably Because It Was In 1989
'Owwwlublublub.'
By David Barden
Opposition leader Bill Shorten struggled to remember the last time Labor delivered a budget surplus during an awkward exchange with Today host Karl Stefanovic on Wednesday.

"I guess I was an adult," Shorten said, but only after making a weird, rolling-tongue mumble while trying to think of an answer.

Grin

hummm whatever she said I agree with....

stumbling bill the dill.

anyway surplus doesnt mean anything when its the Libs that deliver.....hilarious...

talk about selective politics...

Back to top

IP Logged

Cu Chulainn

Gold Member

Offline

Australian Politics

Posts: 2135
Gender: male

Re: Australia's declining economy
Reply #27 - Dec 6^th, 2018 at 5:33pm

Bam wrote on Dec 6^th, 2018 at 5:16pm:

Cu Chulainn wrote on Dec 6^th, 2018 at 4:39pm:

Black Orchid wrote on Dec 6^th, 2018 at 4:14pm:

Sure Labor has left a surplus. The last one was in 1989. Almost 30 years ago Cheesy

Care to tell us how many we have had and which side they were under? I believe it's pretty damned even.

Yes, it's fairly even. Labor's slightly ahead on the ratio but the difference isn't significant.

Surpluses are overrated. The Liberals' idol Menzies never delivered a Budget surplus and neither did Fraser. The number of Liberal PMs who delivered a surplus: one. Labor PMs who delivered a surplus: two.

A Budget surplus is often a sign of economical malaise, such as high inflation (Whitlam) or an overheated economy (Hawke, Howard). None of these governments managed the surplus well. The Whitlam government spent too much, the Hawke government didn't save enough, and the Howard government pissed it all away in unsustainable tax cuts and massive increases in ongoing spending. The Morrison government is going down the same structural insanity that the Liberals always pursue: tens of billions a year in unfunded tax cuts. If debt was such a problem, why isn't the Morrison government using more of the projected surplus to pay it off? Why piss it all away in tax cuts - again?

I wasn't saying they were good. Surpluses are money taken out of the economy via taxation when that money would do better work flowing around the economy in the private sector rather than sitting in govt coffers waiting to be used as pork to buy votes at the next election.

edit: Oh, who was Fraser's treasurer again?

Back to top

IP Logged

Gordon Gold Member Offline Australian Politics Posts: 21872 Gordon Gender:	Re: Australia's declining economy Reply #28 - Dec 6^th, 2018 at 6:45pm Debt can be both good and bad, depending on what you've spent the money on.
Back to top	IBI IP Logged

Secret Wars Gold Member Offline Australian Politics Posts: 3928 Gender:	Re: Australia's declining economy Reply #29 - Dec 6^th, 2018 at 6:50pm Gordon wrote on Dec 6^th, 2018 at 6:45pm: Debt can be both good and bad, depending on what you've spent the money on. Agreed, and if you want to build up some infrastructure and big capital projects, now is the time to lock in cheap money.
Back to top	IP Logged