Australian Politics Forum - Coalition's debt and deficit DISASTER

Bam

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Re: Coalition's debt and deficit DISASTER
Reply #15 - Apr 15^th, 2019 at 4:14pm

crocodile wrote on Apr 15^th, 2019 at 1:43pm:

Alan Austin is just a clueless fukkwit. He castigates the media for being misleading and proceeds with his own version of the same act but more blatantly.

Quote:

That’s right. The Coalition has added more debt in five and a half years than all governments over the preceding 118 years.

Of course he wouldn't point out that the economy today is 100 times bigger than way back then too. Might ruin his headline. At one point he shows historical debt to GDP yet the following chart is in nominal dollar terms. Purposely attempting to hoodwink the reader into believing that it is worse than it is. Putting his chart into realistic measures, todays gross debt is around 35% of GDP. A bit less than the '96 figure of 39%.

To make it look even worse he uses gross debt figures rather net. What a fukkin' imbecile. Does the gummint have no revenue or something.

Even more hilarious is his comparison with the EU and their so called debt repayment. Have a look at the scale. He probably hoped nobody would notice. EU debt fell from 92% to 87% but his picture looks nice. Trying to convince us that the Euros are on the path to fiscal rectitude. Face it, they're in a right mess. The difference is that here we're running an expansionary fiscal policy as opposed to the IMF imposed austerity policies of the Europeans.

Not much point spending more time laughing at the idiot. The article is complete rubbish and nails nothing. It did its job though in hoodwinking all the Neanderthals that reside in this place.

That doesn't refute the point that debt has ballooned under the Liberals due to their running up an unsustainable deficit.

Under the Liberals, the deficit was averaging $50 billion a year, with no GFC to cause it and nothing to show for it.

And it gets worse. While the deficit was still excessively large, they started handing out unfunded tax cuts recklessly. Any responsible government would have reduced the deficit to sustainable levels first and then handed out tax cuts.

Superior economic managers? Hardly. More like superior economic manglers.

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

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Redmond Neck

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Re: Coalition's debt and deficit DISASTER
Reply #16 - Apr 15^th, 2019 at 4:22pm

Karnal wrote on Apr 13^th, 2019 at 9:14pm:

Bam wrote on Apr 13^th, 2019 at 8:51pm:

Karnal wrote on Apr 13^th, 2019 at 8:49pm:

Thank heavens the grown-ups are back in charge.

Oh, you've jumped the gun a bit Karnal. They will be back in charge soon.

Well, that's a relief. Mr Abbott still has a fighting chance. Maybe he'll knight Prince Charles next time.

What a tall glass of water that man is. He may not be an economist, but he's definitely a culture buff.

Look, does it really matter if we're a few dollars in the red? We still have our fine culture war, no?

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ALL AUSTRALIA IS FOR ALL AUSTRALIANS!

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cods Gold Member Offline Australian Politics Posts: 88048	Re: Coalition's debt and deficit DISASTER Reply #17 - Apr 15^th, 2019 at 4:56pm THANK GOD! for bouncing billy....the asst Treasurer will fix it in no time.. he has a system..... he will just chuck money at it.. it works! no worries pet...
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Ivan Itch Junior Member Offline Australian Politics Posts: 81 Gender:	Re: Coalition's debt and deficit DISASTER Reply #18 - Apr 15^th, 2019 at 5:01pm cods wrote on Apr 15^th, 2019 at 4:56pm: THANK GOD! for bouncing billy....the asst Treasurer will fix it in no time.. he has a system..... he will just chuck money at it.. it works! no worries pet... I don't think so cods. Why are you so confident of that, or were you being sarcastic.
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cods Gold Member Offline Australian Politics Posts: 88048	Re: Coalition's debt and deficit DISASTER Reply #19 - Apr 15^th, 2019 at 5:04pm run along aussie.. its not Q&A time..
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Ivan Itch Junior Member Offline Australian Politics Posts: 81 Gender:	Re: Coalition's debt and deficit DISASTER Reply #20 - Apr 15^th, 2019 at 5:06pm cods wrote on Apr 15^th, 2019 at 5:04pm: run along aussie.. its not Q&A time.. You are the third person to call me Aussie. My user name is Ivan Itch. Are you able to respectfully answer my question, or will you abuse me again?
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Bobby. Gold Member Online Australian Politics Posts: 111753 Melbourne Gender:	Re: Coalition's debt and deficit DISASTER Reply #21 - Apr 15^th, 2019 at 5:07pm cods wrote on Apr 15^th, 2019 at 5:04pm: run along aussie.. its not Q&A time.. Aussie is only getting away with it because he's paying for a VPN. He can change his IP address every day - every hour.
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Redmond Neck Gold Member Offline OzPolitic Posts: 21977 ACT Gender:	Re: Coalition's debt and deficit DISASTER Reply #22 - Apr 15^th, 2019 at 5:14pm Ivan Itch wrote on Apr 15^th, 2019 at 5:06pm: cods wrote on Apr 15^th, 2019 at 5:04pm: run along aussie.. its not Q&A time.. You are the third person to call me Aussie. My user name is Ivan Itch. Are you able to respectfully answer my question, or will you abuse me again? Yeah run along Ive BigHands!
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cods

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Re: Coalition's debt and deficit DISASTER
Reply #23 - Apr 15^th, 2019 at 5:16pm

Bobby. wrote on Apr 15^th, 2019 at 5:07pm:

cods wrote on Apr 15^th, 2019 at 5:04pm:

run along aussie.. its not Q&A time..

Aussie is only getting away with it because he's paying for a VPN.

He can change his IP address every day - every hour.

I personally dont care bobs....but he is accusing me of abuse because I wont do his bidding now who does that remind you of???? Roll Eyes

he is well past midlife crisis age so it can only be reverting to childhood pretend games...

he did mention once being hit on the forehead by a cricket ball bowled by a fast bowler... Roll Eyes

that is a fact bobs....when he was wicket keeper I think for Australia....

.. but he proved his worth by bravely playing on without a murmur.....

maybe its delayed concussion Grin

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cods

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Re: Coalition's debt and deficit DISASTER
Reply #24 - Apr 15^th, 2019 at 5:18pm

Bobby. wrote on Apr 15^th, 2019 at 5:07pm:

cods wrote on Apr 15^th, 2019 at 5:04pm:

run along aussie.. its not Q&A time..

Aussie is only getting away with it because he's paying for a VPN.

He can change his IP address every day - every hour.

it shows him up bobs.....hes fooling no one so he can never chip anyone else from now on

I dont think fd cares to be honest....its all about clicks to him..

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Bobby.

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Re: Coalition's debt and deficit DISASTER
Reply #25 - Apr 15^th, 2019 at 5:24pm

cods wrote on Apr 15^th, 2019 at 5:18pm:

Bobby. wrote on Apr 15^th, 2019 at 5:07pm:

cods wrote on Apr 15^th, 2019 at 5:04pm:

run along aussie.. its not Q&A time..

Aussie is only getting away with it because he's paying for a VPN.

He can change his IP address every day - every hour.

it shows him up bobs.....hes fooling no one so he can never chip anyone else from now on

I dont think fd cares to be honest....its all about clicks to him..

Aussie can get out of anything.
He's too smart for FD.

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cods

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Re: Coalition's debt and deficit DISASTER
Reply #26 - Apr 15^th, 2019 at 5:26pm

Bobby. wrote on Apr 15^th, 2019 at 5:24pm:

cods wrote on Apr 15^th, 2019 at 5:18pm:

Bobby. wrote on Apr 15^th, 2019 at 5:07pm:

cods wrote on Apr 15^th, 2019 at 5:04pm:

run along aussie.. its not Q&A time..

Aussie is only getting away with it because he's paying for a VPN.

He can change his IP address every day - every hour.

it shows him up bobs.....hes fooling no one so he can never chip anyone else from now on

I dont think fd cares to be honest....its all about clicks to him..

Aussie can get out of anything.
He's too smart for FD.

seriously thats your idea of being SMART?

oh well..to each his own.

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Ivan Itch Junior Member Offline Australian Politics Posts: 81 Gender:	Re: Coalition's debt and deficit DISASTER Reply #27 - Apr 15^th, 2019 at 5:46pm Now you have had whatever fun that was for you, do you have an answer to my politely put question cods, or will you abuse me as being some other character that you know, again?
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cods Gold Member Offline Australian Politics Posts: 88048	Re: Coalition's debt and deficit DISASTER Reply #28 - Apr 15^th, 2019 at 5:48pm I dont talk to strangers.. everyone knows that... everyone that is who is someone and that isnt you..
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greggerypeccary Gold Member Offline Australian Politics Posts: 144132 Gender:	Re: Coalition's debt and deficit DISASTER Reply #29 - Apr 15^th, 2019 at 5:54pm Bobby. wrote on Apr 15^th, 2019 at 5:07pm: cods wrote on Apr 15^th, 2019 at 5:04pm: run along aussie.. its not Q&A time.. Aussie is only getting away with it because he's paying for a VPN. He can change his IP address every day - every hour. Getting away with what?
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