The Government has doubled the budget deficit?

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The Government has doubled the budget deficit?

very odd behaviour considering they keep  ranting and yelling 'budget emergency' a person could be forgiven for thinking it was deliberate  Man LOL  it seems only the rather rusties believe it now though.

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The Government has doubled the budget deficit?


@lakeland27 wrote:

very odd behaviour considering they keep  ranting and yelling 'budget emergency' a person could be forgiven for thinking it was deliberate  Man LOL  it seems only the rather rusties believe it now though.


It is clear that changes to Government spending have contributed to the doubling of the deficit.

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Message 3 of 8
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The Government has doubled the budget deficit?

That's ok. The boss will make sure it is reported being a Labor lie and cover up.

Message 4 of 8
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The Government has doubled the budget deficit?

"It is clear that changes to Government spending have contributed to the doubling of the deficit."

Like these DY?, or do you have actual figures to show us?

The pre-election year splurge did not help, other than  put the country more in the fiscal poo.

 

australia-government-spending.png

 

 australia-government-debt-to-gdp.png

 

 

 Changes in spending? doubling of the deficit?  a reputable source would be good, because for  some reason when the pink Myopics write something here,  I tend to think of PPTSD self assurance treatment, (codswallop).

 

nɥºɾ

 

Message 5 of 8
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The Government has doubled the budget deficit?

I note monman that you were very selective with your graphs from that site.

 

Because of course the graphs that you show are out of context and do not show a summary of the GDP or the GDP per capita which would put that (minimal) increase in spend and increase in debt into context.

 

I suppose the most important graph - the one that shows that Australias GDP per capita (ie. the sign of a healthy economy) continually increased with the last government -  would not have been good for your argument?

 

And of course what no graph can show us YET is the effect of what all that spending the current govt is planning will do to our GDP next financial year and (probably more telling) in 2015-16. And at this rate (as Bowen is pointing out) it isn't looking too good.

 

Pink myopics indeed....

Message 6 of 8
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The Government has doubled the budget deficit?


@monman12 wrote:

"It is clear that changes to Government spending have contributed to the doubling of the deficit."

Like these DY?, or do you have actual figures to show us?

The pre-election year splurge did not help, other than  put the country more in the fiscal poo.

 

australia-government-spending.png

 

 australia-government-debt-to-gdp.png

 

 

 Changes in spending? doubling of the deficit?  a reputable source would be good, because for  some reason when the pink Myopics write something here,  I tend to think of PPTSD self assurance treatment, (codswallop).

 

nɥºɾ

 


Why don't you just read the article I posted and you may get a grasp of it.

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Message 7 of 8
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The Government has doubled the budget deficit?

but the blind blue ties will continue with their codswallop

 

http://www.canberratimes.com.au/federal-politics/political-news/oecd-warns-government-against-harsh-...

 

OECD warns government against harsh budget

 

A week away from the federal budget and the Organisation for Economic Co-Operation and Development has warned that Australia's economy is too fragile to absorb too many spending cuts.

 

Illustration: Ron Tandberg.

Illustration: Ron Tandberg.

 

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