Wake up to ourselves. As Stevens says, this Budget isn’t tough

[nero_bolt]

But in the age of entitlement and welfare/handout mentality in Australia the left are screaming

Glenn Stevens nails the fraud in a country gone so mad that it’s screaming about the “unfairness” even of a lousy 1 cent a rise in petrol excise:

Reserve Bank governor Glenn Stevens skewered the rhetoric about this year’s budget by labelling it “not that tough”

and making it clear the nation needed federal parliament action to scale back the deficit…

Mr Stevens said voters had backed some “very big and very costly” programs but were yet to accept the spending and tax changes needed to pay for them…

”I did not think, really, that the budget was that draconian, frankly, in a macro-economic sense,” he told a parliamentary committee yesterday.

“I am not talking about this measure or that measure; I am talking about the pace of intended consolidation over a run of years. That is actually not that tough, frankly.”

Bill Shorten launched his ­assault on the budget in May by warning voters of “unbelievably tough cuts” to family benefits and pensions, while Greens leader Christine Milne has attacked “cruel” measures and argued for higher taxes on mining companies and banks instead.

Tony Abbott has called the government’s plan “necessarily tough” to reduce the deficit.

You want an argument about unfairness?

• Here’s what is unfair.
• It is unfair that we’re spending money we don’t have.
• It is unfair we’re spending money we’ll steal from our children.
• It’s unfair that Labor left us with blown Budgets and debt over our ears.  

[azureline**]

it's unfair that we have to put up with a treasurer and  PM who don't have to budget while telling the least well off that they need to suffer for the greater good of those well off.

[cherry*135]

An Economist's view (truth & reality)

Abbott's economic script is out of date

It doesn't seem yet to have dawned on Tony Abbott that he was elected because he wasn't Julia Gillard or Kevin Rudd, not because voters thought it was time we made a lurch to the Right.

The man who imagines he has a "mandate" to mistreat the children of boat people,ensure free speech for bigots, give top appointments to big business mates and reintroduce knights and dames, represented himself as a harmless populist before the election.

The other thing he doesn't seem to have realised is that just as he has us moving to reduce our commitment to action against climate change and to make the budget much less fair, the rest of the advanced economies are moving the opposite way.

And while we use our budget to widen the gap between rich and poor, people in other countries are realising the need to narrow it.

IMF research found that rising inequality .. as is occuring in Australia & the US and almost all advanced economies- seems to lead to slower growth.

IMF research had found that, in general. budgetary  policies had a good record of reducing social disparities. Social security benefits and income taxes 'have been able to reduce inequality by about a third, on average among the advanced economies'.

Ross Gittins, SMH, Aug  2014

[karliandjacko]

I think it's unfair that this forum is allowed to be used as a vehicle to promote a paid product on a daily basis. 

[cherry*135]

Andrew Bolt Blog?

OP why don't you give the source of your opening posts? The above mentioned blog is copyright. You should at least attribute the source of your information. Permission may even be required to repost it on websites.

[boris1gary]

is it just me or does anyone find it a little strange that when we talk about our unemployed some start up the "hand out, welfare mentality, age of entitlement, my tax dollars...blablah but when we mention hockey gets $280 odd dollars a night to stay in his own house in Canberra we get, well he is entitled to that, everyone does it. There is a word for it, starts with h.

[boris1gary]

so says the highest paid public servant in Australia, over a million a year. They don't seem to understand that dragging out the highly overpaid to lecture us poorer folk about the budget is not a good look and has the opposite effect...