https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302531#M107451 <P class="mce-p">podster its very hard to put up a decent&nbsp;argument&nbsp;against rusted ons that havent a clue, never been in the real world as far as jobs go or ever been in business and had to struggle.&nbsp;</P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p"><EM>Wow, our Government is doing great!</EM></P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">Some sort of alternative universe there and no idea at a ll just how hard small business is hurting and how much families are hurting.... But then so many true blue labor voters live in their protected bubble of govt jobs and welfare payments and govt hand outs and are oblivious to&nbsp;what's&nbsp;really happening in the real Australia &nbsp;and think its all&nbsp;rosy.</P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">With this govt its spend spend and spend and run up more and more debt</P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">From your link podster and its frightening as it has to be paid back.... &nbsp;But to the rusted ons it seems that debt is good and it doesnt have to be paid back.... Would be&nbsp;fascination&nbsp;to see how they run their home budget and their debt levels....&nbsp;</P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">----------------------------------------------------------------</P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">GILLARD Government debt levels are forecast to <STRONG>blow out by 80 per cent to $165 billion in this term alone</STRONG> - equal to more than <STRONG>$14,000 for every working Australian.</STRONG></P><BR /> <P class="mce-p"><STRONG>&nbsp;</STRONG></P><BR /> <P class="mce-p">Analysis of Budget documents reveals that between the<STRONG> 2010 election and Federal Treasury's update in October last year, the 2012-13 net debt estimate rose $54 billion to $144 billion.&nbsp;</STRONG><BR /><BR />With Wayne Swan having junked the Government's commitment to a surplus this financial year, <STRONG>Bank of America Merrill Lynch now forecasts Treasury will raise the estimate by a further $21 billion in the May budget.&nbsp;</STRONG></P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p"><BR /><SPAN style="font-size: 10pt;">"The government is starting to develop some form w</SPAN><STRONG>hen it comes to over-estimating the improvement in its budget balance</STRONG><SPAN style="font-size: 10pt;">," Bank of America Merrill Lynch chief economist Saul Eslake said yesterday.&nbsp;</SPAN><BR /><BR />Ahead of the budget, the Coalition is honing in on a number even larger than net debt - the total value of bonds and other securities issued by the Government, or gross debt, <STRONG>which has ballooned from $151 billion at the 2010 poll to $267 billion now. In the last budget the Government raised the gross "debt ceiling" from $250 billion to $300 billion</STRONG>.<SPAN style="color: #ff0000;"><EM> (Now thats really frightening 300 BILLION)</EM></SPAN></P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">Opposition Leader Tony Abbott believes <STRONG>Mr Swan will increase it again in May</STRONG>.&nbsp;<BR /><BR />Mr Abbott told News Limited yesterday: "<STRONG>If Labor is determined to increase the cap on gross debt above $300 billion, if they cannot show a credible and speedy path back to surplus, if they cannot show a plan to start seriously paying off the deb</STRONG>t, it will add further weight to our planned No Confidence motion in the Gillard Government.''&nbsp;<BR /><BR />Mr Swan's spokesman said the Government had no plans to raise the gross debt limit. Merrills' Mr Eslake said the increase that had already occurred was "troubling".&nbsp;<BR /><BR />"If the trends that look increasingly obvious aren't addressed at some point we might cross that threshold from safe territory to dangerous territory very, very quickly," he said.</P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">Monash University Professor of Business and Economics Jakob Madsen <STRONG>said the gross debt rise was "disturbing"</STRONG>.<BR /><BR /><STRONG>"It's a dangerous trend and it's at the wrong time</STRONG>. It's completely unnecessary to hand out left, right and centre and the way they do it is not very clever," Professor Madsen said.&nbsp;<BR /><BR />Business Council of Australia CEO Jennifer Westacott said <STRONG>spending had grown "out of step" with revenue</STRONG>.<BR /><BR />"If that doesn't change we are going <STRONG>to have serious public debt problem,</STRONG>" Ms Westacott said.<BR /><BR />Mr Eslake, Professor Madsen and Ms Westacott all said Australia did not currently have a debt crisis.<BR /><BR />But, Ms Westacott said,<STRONG> "we do have a budget management crisis".</STRONG><BR /><BR />In that context, the Coalition is intensifying pressure on the cross-benchers, seeking support for a No Confidence motion.&nbsp;<BR /><BR />Independent MP Rob Oakeshott invited Mr Abbott to call him or come to his electorate if he wanted to discuss a no confidence motion.<BR /><BR />"Let's have a bike ride, or a surf," he said.</P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">However, Mr Oakeshott added that he was opposed to a no confidence motion in budget week. It would reflect badly on Australia internationally, he said.Between the 2011-12 Mid Year Economic and Fiscal Outlook and the 2012-13 Myefo, T<STRONG>reasury's estimate for this financial year's interest payments on government net debt soared by 20 per cent from $5.9 billion to $7.1 billion.</STRONG>&nbsp;<BR /><BR />The Merrills forecast suggest a further increase i<STRONG>n interest payments of as much as $1.1 billion.&nbsp;</STRONG><BR /><BR /><STRONG>Government net debt of $165 billion equates to $14,238 for each of Australia's 11.6 million workers, up from $8001 per worker at the last election, an increase of $6237.</STRONG></P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">Mr Swan's spokesman said Australia's net debt levels were "dramatically lower" than those of every single major advanced economy: "Our current net debt is 10 per cent of Gross Domestic Product, compared to around 80 per cent for the US and UK and around 35 per cent for Canada.&nbsp;<BR /><BR />"The Government will reduce net debt in a sustainable way that ensures our economy remains one of the strongest in the world and protects Australian jobs and economic growth,'' the spokesman said.<BR /><BR />To repay the debt,<STRONG> cuts were required "almost everywhere",</STRONG> Professor Madsen said,<STRONG> and the GST rate could need to be raised.</STRONG><BR /><BR />Mr Eslake said not only would spending have to be reined in, <STRONG>but the current $111 billion a year in tax concessions could have to be wound back.</STRONG></P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">Ms Westacott advocated reducing<STRONG> the current number of government agencies from 932 and making "health dollars work harder".</STRONG></P><BR /> <P class="mce-p"><BR /><BR />Read more:&nbsp;<A href="http://www.news.com.au/national-news/julia-gillard-to-leave-australians-in-165-billion-dollars-worth-of-debt-this-term-alone/story-fncynjr2-1226607170108#ixzz2OgU7B0Pz">http://www.news.com.au/national-news/julia-gillard-to-leave-australians-in-165-billion-dollars-worth-of-debt-this-term-alone/story-fncynjr2-1226607170108#ixzz2OgU7B0Pz</A></P><BR /> <P class="mce-p"><BR /><BR /></P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">&nbsp;</P> Tue, 26 Mar 2013 21:43:26 GMT nero_bolt 2013-03-26T21:43:26Z https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/301533#M106862 <P class="mce-p">this can't be right</P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">https://twitter.com/AustralianLabor/status/316428976593727489/photo/1</P> Tue, 26 Mar 2013 10:31:03 GMT https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/301533#M106862 donnashuggy 2013-03-26T10:31:03Z https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/301558#M106873 <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">Wow, our Government is doing great!</P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">LOL @ people who criticise out thriving country... so unAustralian ;\</P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p att-600007891 mce-attach-image-left"><IMG src="https://community.ebay.com.au/servlet/ImgServlet?mx=300&amp;attachImage=true&amp;contentType=image/jpeg&amp;attachment=600007891&amp;crop=false" alt="" width="300" class="mce-attach-image" /></P> Tue, 26 Mar 2013 10:47:34 GMT https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/301558#M106873 just_me_karen 2013-03-26T10:47:34Z https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/301870#M106883 <P class="mce-p">And now to pot it in perspective <span class="lia-unicode-emoji" title=":grinning_face_with_smiling_eyes:">😄</span></P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p att-500007773 mce-attach-image-left"><IMG src="https://community.ebay.com.au/servlet/ImgServlet?mx=300&amp;attachImage=true&amp;contentType=image/png&amp;attachment=500007773&amp;crop=false" alt="" width="300" class="mce-attach-image" /></P> Tue, 26 Mar 2013 11:03:39 GMT https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/301870#M106883 poddster 2013-03-26T11:03:39Z https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/301880#M107038 <P class="mce-p">Well there's no expert ;\</P> Tue, 26 Mar 2013 11:09:08 GMT https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/301880#M107038 just_me_karen 2013-03-26T11:09:08Z https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/301937#M107066 <P class="mce-p"></P><BLOCKQUOTE><TABLE border="1"><TBODY><TR><TD><P></P><BR /> <P class="mce-p">And now to<STRONG> pot</STRONG> it in perspective <span class="lia-unicode-emoji" title=":grinning_face_with_smiling_eyes:">😄</span></P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p att-500007773 mce-attach-image-left"><IMG src="https://community.ebay.com.au/servlet/ImgServlet?mx=300&amp;attachImage=true&amp;contentType=image/png&amp;attachment=500007773&amp;crop=false" alt="" width="300" class="mce-attach-image" /></P><BR /> <P class="mce-p"></P></TD></TR></TBODY></TABLE></BLOCKQUOTE><P></P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">that ussually puts a different slant on things:^O</P> Tue, 26 Mar 2013 11:13:24 GMT https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/301937#M107066 *mrgrizz* 2013-03-26T11:13:24Z https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/301961#M107081 <P class="mce-p"></P><BLOCKQUOTE><TABLE border="1"><TBODY><TR><TD><P></P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">that ussually puts a different slant on things:^O</P><BR /> <P class="mce-p"></P></TD></TR></TBODY></TABLE></BLOCKQUOTE><P></P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">:^O:^O</P><BR /> <P class="mce-p">&nbsp;</P> Tue, 26 Mar 2013 11:17:39 GMT https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/301961#M107081 debra9275 2013-03-26T11:17:39Z https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/301969#M107088 <P class="mce-p" align="center"><STRONG>Date (30 June2012)</STRONG></P><BR /> <P class="mce-p" align="center"><STRONG>Gross Debt ($ &nbsp; millions)</STRONG></P><BR /> <P class="mce-p">2007&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 58,284</P><BR /> <P class="mce-p">2008&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; 60,462</P><BR /> <P class="mce-p">2009&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 101,147</P><BR /> <P class="mce-p">2010&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 147,133</P><BR /> <P class="mce-p">2011&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 191,291</P><BR /> <P class="mce-p">2012&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 233,976</P><BR /> <P class="mce-p" align="center">Source: Reserve Bank of Australia</P><BR /> <P class="mce-p" align="center">&nbsp;</P><BR /> <P class="mce-p" align="center">&nbsp;</P><BR /> <P class="mce-p" align="center">Maybe this will be easier to comprehend</P><BR /> <P class="mce-p">&nbsp;</P> Tue, 26 Mar 2013 11:25:58 GMT https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/301969#M107088 poddster 2013-03-26T11:25:58Z https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302048#M107133 <P class="mce-p">How insular, attempting to sway opinions using numbers that ignore the global results of the gfc.</P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">omg imagine how many front page rants there'd be if this was eBay Greece :^O</P> Tue, 26 Mar 2013 11:51:51 GMT https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302048#M107133 just_me_karen 2013-03-26T11:51:51Z https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302109#M107167 <P class="mce-p">Kazza the GFC excuse has worn thin. That was 4 or so years ago, yet the debt just keeps on increasing at an almost exponential.</P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">Must be the Swan factor</P> Tue, 26 Mar 2013 11:57:57 GMT https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302109#M107167 poddster 2013-03-26T11:57:57Z https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302151#M107195 <P class="mce-p">Kazza?........:^O</P> Tue, 26 Mar 2013 12:04:43 GMT https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302151#M107195 cueperkins 2013-03-26T12:04:43Z https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302192#M107220 <P class="mce-p">Pathetic innit :^O</P> Tue, 26 Mar 2013 12:24:24 GMT https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302192#M107220 just_me_karen 2013-03-26T12:24:24Z https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302199#M107225 <P class="mce-p"></P><BLOCKQUOTE><TABLE border="1"><TBODY><TR><TD><P></P><BR /> <P class="mce-p"><STRONG>this can't be right</STRONG></P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">https://twitter.com/AustralianLabor/status/316428976593727489/photo/1</P><BR /> <P class="mce-p"></P></TD></TR></TBODY></TABLE></BLOCKQUOTE><P></P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">not its not.&nbsp; I'd rather have a Lib 'scare' campaign than a Labor lie campaign</P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">&nbsp;</P> Tue, 26 Mar 2013 12:34:58 GMT https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302199#M107225 meh_too 2013-03-26T12:34:58Z https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302257#M107257 <P class="mce-p">Doesn't even come close to how truly pathetic it actually is...Nobody likes or trusts this person....&amp; for very good reason.&nbsp; Trust is a Luxury around Irkman....(He's alienated every single person who ever knew him online and that's only "So Far")....:^O&nbsp; (Not popular over yonder either these days) so I hear.</P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">I wonder how much it costs to send someone else's Laptop to the US vs back to its real owner within Australia for instance?&nbsp;&nbsp; Must be expensive?&nbsp; what do you reckon?.&nbsp; So many things to wonder about when Integrity is thrown around by the very person who has no idea what it Is?&nbsp;</P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">Hypocrisy.....all around us in this SNAFU world...&amp; one wonders what the hell such a Malignant Narcissist needs with a forum such as this?.....?</P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p"></P><BR /> <P class="mce-p mce-attach-image-left"></P><BR /> <P class="mce-p mce-attach-image-left"><IMG src="http://i1288.photobucket.com/albums/b482/Tuppence51/speeding_ad_lead_narrowweb__300x4530_zps556a63fd.jpg" alt="" /></P><BR /> <P class="mce-p mce-attach-image-left">&nbsp;</P><BR /> <P class="mce-p">&nbsp;</P> Tue, 26 Mar 2013 12:45:26 GMT https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302257#M107257 cueperkins 2013-03-26T12:45:26Z https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302339#M107324 <P class="mce-p">Because its all he's got ;\</P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">and I love that pic, so superbly suitable :^O</P> Tue, 26 Mar 2013 12:56:27 GMT https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302339#M107324 just_me_karen 2013-03-26T12:56:27Z https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302388#M107368 <P class="mce-p">Truly Pathetic &amp; yes a picture speaks a thousand words &amp; this one sums him up perfectly.</P> Tue, 26 Mar 2013 13:00:12 GMT https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302388#M107368 cueperkins 2013-03-26T13:00:12Z https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302399#M107376 <P class="mce-p">Could even be smaller than that.....:^O</P> Tue, 26 Mar 2013 13:01:18 GMT https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302399#M107376 cueperkins 2013-03-26T13:01:18Z https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302434#M107403 <P class="mce-p">I'm too chicken to type what I want to type, I just can't compete against 100s of BP-IDs <span class="lia-unicode-emoji" title=":disappointed_face:">😞</span></P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">nite nite Cue, I hope he replaces your laptop. Small claims might be the way to go?</P> Tue, 26 Mar 2013 13:06:54 GMT https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302434#M107403 just_me_karen 2013-03-26T13:06:54Z https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302446#M107408 <P class="mce-p">I'm not = too chicken that is...no other way to call a thief a thief....What else would ya calls it?&nbsp; A 're-allocation' prefect?&nbsp; Besides I don't give a flying fox about not being able to post here....The Political threads he's spamming the joint with ad nauseum, makes it boring as hell even to read, let alone post........Anyway, I Don't drop in enough to make a difference these days.</P><BR /> <P class="mce-p">&nbsp;</P><BR /> <P class="mce-p">So he can knock himself out....Literally !!!!</P> Tue, 26 Mar 2013 13:15:22 GMT https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302446#M107408 cueperkins 2013-03-26T13:15:22Z https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302457#M107416 <P class="mce-p"><A href="http://www.news.com.au/national-news/julia-gillard-to-leave-australians-in-165-billion-dollars-worth-of-debt-this-term-alone/story-fncynjr2-1226607170108">http://www.news.com.au/national-news/julia-gillard-to-leave-australians-in-165-billion-dollars-worth-of-debt-this-term-alone/story-fncynjr2-1226607170108</A></P> Tue, 26 Mar 2013 13:29:37 GMT https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302457#M107416 poddster 2013-03-26T13:29:37Z https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302467#M107424 <P class="mce-p"><STRONG>"Mr Swan's spokesman said Australia's net debt levels were "dramatically lower"&nbsp; than those of every single major advanced economy: "Our current net debt is <SPAN style="font-size: xx-large;">10&nbsp; per cent</SPAN> of Gross Domestic Product,"</STRONG><BR /><BR /></P><BR /> <P class="mce-p">Ummm ...... Swannie, may&nbsp;I suggest you take a gander atthe IMFgraph?</P> Tue, 26 Mar 2013 13:43:38 GMT https://community.ebay.com.au/t5/Community-Spirit/Any-graph-experts-out-there/m-p/302467#M107424 poddster 2013-03-26T13:43:38Z