Throw me the money

colic2bullsgirlore — Mon, 01 Jun 2015 21:03:19 GMT

It's a big mouth and when it turns back to bite you on the bum.....it hurts

The claim: Prime Minister Tony Abbott says growth in spending is lower under the Coalition than it was under Labor.

The verdict: Experts say Labor's one-off stimulus spending to combat the GFC distorts Mr Abbott's comparison, and opposition in the Senate to proposed spending cuts could change the estimates for the Abbott Government

What's more, measured as a proportion of gross domestic product, spending under the Abbott Government has been higher than in all but one of Labor's years in government.

Mr Abbott's claim is spin.

http://www.abc.net.au/news/2015-05-29/tony-abbott-labor-spent-like-drunken-sailors-spin/6495670

http://www.theaustralian.com.au/national-affairs/treasury/abbott-urges-central-bank-intervention-on-the-dollar/story-fn59nsif-1226782009703

http://www.smh.com.au/federal-politics/political-news/tony-abbott-claims-australia-was-heading-for-a-greekstyle-future-20150318-1m1n9n.html

2013

Labor has condemned Prime Minister Tony Abbott's claim that Australia was heading for a "Greek-style economic future" as inflammatory, irresponsible and capable of harming economic confidence.

The Prime Minister should be far more responsible than this constant scaremongering which is having a clear impact on confidence in the community

Mr Abbott made the remark during a radio interview in which he pledged he would not fix the federal budget this year at the expense of households but predicted a "broad budget balance" within five years.

Under the former Labor government we were heading to a Greek-style economic future," the Prime Minister told 2SM host Grant Goldman. The Greek economy has been notorious in recent years for high levels of spending and debt, culminating in the Greek government-debt crisis.

Re: Throw me the money

tasfleur — Wed, 03 Jun 2015 00:09:14 GMT

Re: Throw me the money

lind9650 — Wed, 03 Jun 2015 01:22:38 GMT

If all the countries in the world are in financial trouble, where do they borrow more money from? Surely not from an alien planet.

And where do they get all those Millions of $s to give to foreign aid, if they don't have enough to fix problems in their own country?

Just wondering,

Erica

topic Re: Throw me the money in Community Spirit

Throw me the money

Re: Throw me the money

Re: Throw me the money