on 04-05-2014 04:43 PM
This week more than any other really demonstrates that conservative values (whatever they may be) are definitely on the nose with the electorate . it's hard to think of anyone who actually likes the tripe they are proposing (well apart from the rather sad usuals who'd clap anything they did )
i think its going to be a short stay.
Solved! Go to Solution.
on 04-05-2014 08:33 PM
on 04-05-2014 11:17 PM
I think that this is the government you have when you don't really have a government.
on 05-05-2014 01:32 AM
I certainly do not expect any appreciation, by many here, of the country's economic position other than what has been hand fed to the cyclopians of both sides. Myself, having realised that political parties are more interested in government than governance, and that the Cycloptic flocks will accept whatever they are fed, arranged my finances around the parties past vote seeking goodies. So now I am isolated from the welfare state and pay virtually no tax. Thank you both sides!
I have voted for Howard, Rudd, Gillard and Abbott, even was a member of the Democrats until they imploded, so can observe the microcosm here with a small degree of "superiority" when compared to the permanent (mindless?) red/blue flocks.
Now in the style of B1G but sourced from more credible sources e.g. the IMF, ABC, and Alan Kohler.!
IMF: "....growth in Australia's net debt is the third highest among the 17 nations surveyed."
" ABC Fact Check: Change in Real Expenditure', supports Mr Hockey's claim that Australia's spending rate is the highest among the 17 nations surveyed."
http://www.abc.net.au/news/2014-05-01/kohler-plugging-the-revenue-gap-means-higher-taxes/5420774
Plugging the revenue gap means higher taxes
Posted Thu 1 May 2014
The deficit levy, the one that seems to have become an accepted certainty in three days of leaking while remaining coyly unconfirmed, should become a permanent tax increase.
As I wrote last year (Those income tax cuts aren't looking so good now, December 18; Income tax has to go up, December 16), Australia's tax revenue is too low for the level of government spending that's locked in, largely as a result of the ageing of the population as well as the extra spending agreed for education and disability.
Indirect taxes (GST and excise) are growing more slowly than GDP and, given its structure, increasing the GST rate is almost impossible. The rate of excise could be re-indexed but that would take too long and wouldn't be enough.
The permanent income tax cuts and increased middle-class welfare given by John Howard during the temporary mining boom were reckless and now need to be reversed by his Coalition successor. The Labor Party didn't have the courage, the competence or the economic conditions to do it, so the Coalition must clean up its own mistakes and restore the revenue.
And Tony Abbott made things worse with yet another bunch of absurd election promises: more middle-class welfare (paid parental leave) and more tax cuts (carbon tax and mining tax), on top of the unpromised and unnecessary $8.8bn payment to the Reserve Bank.
Kohler says it like it is, from both sides, which will certainly not be de rigueur fot the largely pink gang above.
on 05-05-2014 08:14 AM
05-05-2014 08:28 AM - edited 05-05-2014 08:29 AM
on 05-05-2014 10:09 AM
on 05-05-2014 10:22 AM
on 05-05-2014 10:27 AM
@spotweldersfriend wrote:
John Howards tax cuts were nor only reckless,they were a bribe.As a result Rudd and Gillards tax receipts were down when the GFC hit and the mining boom went off the boil.The LNP is more capable of running the economy.Sure they are.
I think it was a deliberate act to set Labor up with a shortfall so the Libs could replay the Lib are good Labor is bad mantra over and over.
on 05-05-2014 10:27 AM
I can't believe the stupidity of people that voted for a new government to get the country back on track and when the changes that need to be made are suggested they all freak out and say "not me, I don't want to make sacrifices" .....
I bet they were all happy to get paid the 2 x $900 handout from Rudd but they don't seem to be happy to pay it back now the country needs it back....
I appreciate all the help that I got from the government to help me through hard times, welfare kept me and the kids off the street and from living under a bridge. If I need to make a few changes to help sustain this service for decades to come so that those that find themselves in real need can benefit I will do that.
I really can't believe how selfish and stupid some voters are...
on 05-05-2014 10:37 AM
The band-aid levy: a new tax won’t fix the structural budget problems.
see comments:
...." It isn’t that they want to get the budget back into surplus it is that their (libs in now) policies are confused and contradictory and the burden falls harder on those who can least afford it..."
...."I am happy to pay a little more tax if we get free access to health and top class education but to try to slash and burn simply to pay for direct action, a rolls royce PPL scheme and so big miners can pay less tax is not what I call a good idea..."
...." Abbott school of logic which posits a statement along the lines of everything Labor did was bad and we have to clean up this huge mess without giving a skerrick of evidence that there is a huge mess to clean up.
The fact that under labor we were one of the few advanced economies that didn’t go into recession during the GFC and the fact that our government debt levels are low are meaning less to people like this.
3 word slogans are about all they can comprehend which is why Tony appeals to them perfectly."