Surplus turns to $10bn deficit ANOTHER LABOR FAILURE

[nero_bolt]

SO much for the worlds greatest  WORST  treasurer

LABOR is at risk of posting a deficit of more than $10 billion this year as it seeks to fight an election on economic management, with new figures revealing a $5.2bn blow to revenue.

The revenue shortfall not only destroys the prospect of a budget surplus this year, it also casts doubt over future surpluses, amid caucus concerns over Wayne Swan's performance in selling the government's message.

Finance Minister Penny Wong warned last night of further "spending restraint" in response to the latest budget accounts, highlighting the government's challenge in slashing outlays or raising taxes to fund its big election commitments.

Senior economists cited the figures as a further sign of sluggish growth and forecast the deficit would come in between $10bn and $15bn.

A key industry group called on the major banks to make immediate cuts to interest rates to ease pressures on employers and consumers.

http://www.theaustralian.com.au/national-affairs/surplus-turns-to-10bn-deficit/story-fn59niix-1226579244087

FAIL FAIL FAIL by Gillard and swan and Labor.

On 500+ occasions Labor promised a surplus  http://youtu.be/YRuDZ3R5P3Y

Wayne Swan - How Embarrassing Was That? Lying About The Surplus In Your Pamphlet!  

http://youtu.be/8vKYC4jKCDw

[i-need-a-martini]

The ABC will always be left wing regardless of who is in government, who is on the board and regardless of the number of right wingers they add to the panel of Q&A or The Drum, hey?

Perhaps they would have more 'balance' (snicker) if they completely dumbed down their content (and credibility) by inviting the likes of Bolt/Price/Jones/Ackerman on their programs? What do you think lakeland?

Perhaps we should write to Spigelman and insist he put some right wing thinkers on the board. Oh wait! He is a Liberal. But I suppose that is balanced out by Skala and Shultz? Hang on - they are Liberal too.

Gees maybe we need a change in the board make up? Perhaps we should bring back some recent ex board members like Albrechtsen or Windschuttle? Hmmm...

[lakeland27]

The ABC will always be left wing regardless of who is in government, who is on the board and regardless of the number of right wingers they add to the panel of Q&A or The Drum, hey?

Perhaps they would have more 'balance' (snicker) if they completely dumbed down their content (and credibility) by inviting the likes of Bolt/Price/Jones/Ackerman on their programs? What do you think lakeland?

Perhaps we should write to Spigelman and insist he put some right wing thinkers on the board. Oh wait! He is a Liberal. But I suppose that is balanced out by Skala and Shultz? Hang on - they are Liberal too.

Gees maybe we need a change in the board make up? Perhaps we should bring back some recent ex board members like Albrechtsen or Windschuttle? Hmmm...

anyone to the left of Mussolini is a commo leftie to these brethren types 🙂

[lakeland27]

:^O even smith seemed to accept they were frauds, because he didnt correct my comment i posted on his site.

[topsidesoul]

This is an election year & we want policies & the TRUTH  from Labour

[lakeland27]

http://www.michaelsmithnews.com/2013/02/an-email-from-greg-combet.html?cid=6a0177444b0c2e970d017c36dba552970b

the correction is still there, first comment on the page.

[freakiness]

Your C & P  speech excerpt from Gillard that did, in no way, tell the truth of how & just how badly they have failed & you would not expect her to do so.

This is an election year & we want policies & the TRUTH from Labor. Tony Abbott must lay out his policies (which he has done with some)  & be judged on them at the next election.

Unless you watched both speeches the comments are not your own.

Unless you saw or read the entire transcripts you are just sharing the opinion of others.

Did you watch both speeches?

Gillard gave a good speech and only the glasses were commented on.

Don't you ever ask your self why?

Why is it that the content is never reported on?

Why was the PMs forum into the digital economies reported on last year?

It was not only her that spoke. There were 40 participants, from large and small companies, who were ignored also.

[lightningdance]

If I was you Lightning dance, I wouldn't be on this board talking about 'THE TRUTH' after you posted 'fake hoax emails'.

.

The emails were & have been validated as coming from Combet's office. Keep up muppet, Get your fact straight before you start calling me a liar.

[lightningdance]

Martini wrote,"Did you watch both speeches?

Gillard gave a good speech and only the glasses were commented on.

Don't you ever ask your self why?

Why is it that the content is never reported on?

Why was the PMs forum into the digital economies reported on last year?

It was not only her that spoke. There were 40 participants, from large and small companies, who were ignored also."

Why? because nobody believes her, they have stopped listening. That in itself is political death.

[not_an_eloi]

show proof of that validation, there is no validation, it's a furphy 

[freakiness]

No, Martini did not write.

And no, the content does not get covered. Instead we get fed the BS that nobody wants to listen. Why not put it out there to prove their point if that is the case?