How would you pay back Labors MASSIVE debt they left us

[nero_bolt]

Australian families to wear the pain of Labor's massive debt bomb

How would you pay back Labors MASSIVE debt that they have left Australia with? 

What would you do to get this massive debt problem under control that Labor left us?

What would you cut or trim to get this MASSIVE debt problem (caused by Labor and their failed spending policies) under control

How would you pay for all these WELFARE programs and never ending handouts?  Who has to pay for these and how?

How would you pay for the rising number of pensioners over the next 2-3-4 decades etc  What would you do and how do you pay for this? 

So what would you do to ballance the books and budget and lower and get rid of the massive DEBT we have? 

https://www.liberal.org.au/latest-news/2012/11/12/labors-debt-time-bomb-exposed

http://www.news.com.au/national/joe-hockey-reveals-labors-667-billion-debt-bomb-in-myefo-statement/s...

http://www.dailytelegraph.com.au/news/nsw/australian-families-to-wear-the-pain-of-labors-massive-deb...

Joe Hockey reveals Labor's $667 billion 'debt bomb' in MYEFO statement 

AUSTRALIANS face the worst hit to income since the 1950s, rising unemployment, a national debt ballooning to $667 billion and a legacy of spending that had crippled the budget, Treasurer Joe Hockey warned yesterday

TAXPAYERS were on track for a $667 billion debt bomb if Labor's policies and spending was left unchecked over the next decade, budget papers reveal.     

http://www.dailytelegraph.com.au/news/nsw/australian-families-to-wear-the-pain-of-labors-massive-deb...

http://www.news.com.au/national/joe-hockey-reveals-labors-667-billion-debt-bomb-in-myefo-statement/s...

[debra9275]

Joe's comments and excuses today were a load of rubbish IMO

[joz*garage]

[nero_bolt]

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@debra9275 wrote:
Joe's comments and excuses today were a load of rubbish IMO

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 as you have an opinion as stated above what are your answers to pay off and fix the massive debt left by labor and get the country going again.. What would you do? 

[donnashuggy]

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@carls*world wrote:

Start by tightening some of the loose belts wrapped around fat cats and their mates, instead of forcing those who have already overtightened, to strangle themselves.

Revisit these one way supposed free trade agreements, and get some jobs back into this country, so people can resume paying tax, which will increase the tax income base while at the same time reducing the welfare outlay burden.

If the place could thrive and grow like it did 50 years ago, with a smaller population, and prior to selling off assets left right and centre, creating a whole new affordability problem, then all the policies since (if any of them were as good as they were spouted) should make things even better now.

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Yes more jobs is a good idea - to Australans

[lakeland27]

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@nero_wulf wrote:

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@lakeland27 wrote:

try making multinationals who profit from Australia pay tax in Australia

I agree, companies like the one we are on here transfer all their profits to Ireland and pay no tax in Australia

rather than demonising Australians in order to justify these scams the libs keep trying to pull in conjunction with the same multinationals the libs really work for .

and Labor did what to rectify this?      The answer is Labor did NOTHING,  Labor didnt do a single  thing either to rectify this so blame and total lack of action can be proportioned to both sides 

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 labor actually spent the money where it can be seen and used.  Australia's debt to GDP is one of the smallest easy to service in developed countries (by government standards, not household.. that is a silly comparison)  the 'budget emergency' is complete tosh and a scam. hockeys spend up's and deliberate increasing of the debt to pad out his bs story is proof he was talking out of his bleep the entire time.

[debra9275]

So did these "commission" members put together the report for free ( for the good of our country) seeing as we're so broke and all, or was it another job for the boys, paying themselves a bit extra.

[i-need-a-martini]

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@debra9275 wrote:
So did these "commission" members put together the report for free ( for the good of our country) seeing as we're so broke and all, or was it another job for the boys, paying themselves a bit extra.

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I have been thinking the same thing all day debra.

But there is reason behind this madness isn't there? Pay what it takes to publish this piece of nightmare fiction, defend it and pretend to be considering it. Then only announce half of the recommendations.

That way the gullible will think "Oh thank you thank you Mr Abbott. We pegged you wrong but you really do care about us disadvantaged folk after all. We were wrong to doubt you. We love you Mr Abbott."

You just watch the govt play up the report over the next few weeks.

[*elizabeths-mum*]

I always zone out when Hockey starts. He is such a whiney schoolboy. 'But it's Labor's fault, sir'.

[lakeland27]

thats the usual approach. ask for $300 and then let them have it for $129.99 .  everyone is relieved.

[debra9275]

When joe says we all have to pull our weight, he should mean ALL of us including himself

*waves to Em* 🙂


Sorry martini, I was reading a transcript of an interview he did today and his excuses for their broken promises, made me really angry lol