on 15-05-2014 05:51 PM
I have suggested this in other posts but here it is in black and white....
Joe Hockey’s federal budget prediction: lower growth, more unemployment
While everyone's been off chasing weasel words, the centrepiece of Joe Hockey's first budget has been largely overlooked and its major new ideological commitment understated.
First and foremost, Tuesday night's effort was the government's bookkeeping estimates and policy outlook for the next financial year.
So it is Joe Hockey's policy preference then, that Australia should have lower growth and more unemployed rather than fess up to the modest reality of federal government debt.
And the bottom line is that Hockey is promising lower growth than the previous two years and rising unemployment.
After nine months in office, looking forward to the next 13, the Treasurer is telling Australian business that economic growth will be a tad worse than that of 2012-13.
on 15-05-2014 06:33 PM
And the bottom line is that Hockey is promising lower growth than the previous two years and rising unemployment.
And interesting that younger people's benefits are to be limited to 6 months of the year, older people to stay in work longer, so then their theory is just "go and get a job" to survive.
on 15-05-2014 06:46 PM
yes it's a rubbish theory, makes no sense whatever way you look at it.
on 15-05-2014 07:15 PM
Crazy!
on 15-05-2014 07:46 PM
15-05-2014 07:49 PM - edited 15-05-2014 07:49 PM
And the bottom line is that Hockey is promising lower growth than the previous two years and rising unemployment.
Do they even know what they are doing ? Promising rising unemployment and at the same time, demanding people on benefits go out and get a job?