this is a excellent budget

[*mrgrizz*]

for the first time in years the cash cow.....me......single, no kids hasn't been spanked.

and i will be paying less for your kids......you know the ones that you decided to have not me

[freakiness]

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@icyfroth wrote:

Point being we can't continue going down the path of borrowing more and more money to cover our national debt. Ultimately, debt has to be repaid and if it can't be, there's insolvency and bankruptcy.

And if ppl are howling and teeth-gnashing now about the cuts (which are designed to help us back into solvency) , how are they going to go when there's...nothing.

Like in the depression?

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Didn't you read the article you posted part of the other day by Greg Jericho? He did attempt to explain somewhat that the debt is just something that sits there and grows accumulating interest day by day.  It's money moved and interest generated via long term bonds and overnight trades and it's how economies operate. 

Here's another that talks about it.  Note it's from the Australian  :D:D  

http://blogs.theaustralian.news.com.au/mumble/index.php/theaustralian/comments/how_big_was_labor_spe...

[freakiness]

---

@icyfroth wrote:

Point being we can't continue going down the path of borrowing more and more money to cover our national debt. Ultimately, debt has to be repaid and if it can't be, there's insolvency and bankruptcy.

And if ppl are howling and teeth-gnashing now about the cuts (which are designed to help us back into solvency) , how are they going to go when there's...nothing.

Like in the depression?

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And we are not insolvent.

[freakiness]

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@crystal**flake wrote:

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I'm sorry I feel we are, lots of families dont actually pay tax because of the welfare they are getting.

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Did you not get family payments when your children were at school?

[azureline**]

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@crystal**flake wrote:

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@boris1gary wrote:

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@crystal**flake wrote:

Az I do worry about the people who are really stressing about it and I worry about those who just are unable to help themselves but I'm sure they will get looked after.

We are a welfare nation and it DID have to be fixed.

Does the budget affect me and my family, no.  I'd say it will down the road later, with the cost of living going up, but in reality that goes up all the time.

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we are not a welfare nation, that's ludicrous.

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I'm sorry I feel we are, lots of families dont actually pay tax because of the welfare they are getting.

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we all pay tax, on welfare or not. It is called GST

[i-need-a-martini]

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@crystal**flake wrote:

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I'm sorry I feel we are, lots of families dont actually pay tax because of the welfare they are getting.

---

So?

There are a lot of Australians NOT paying taxes that they should be paying.

So it all evens out in the end doesn't it?

[icyfroth]

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@i-need-a-martini wrote:

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@crystal**flake wrote:

---

I'm sorry I feel we are, lots of families dont actually pay tax because of the welfare they are getting.

---

So?

There are a lot of Australians NOT paying taxes that they should be paying.

So it all evens out in the end doesn't it?

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yeah. no-one's paying taxes but everyone's getting handouts lol

[crystal**flake]

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@freakiness wrote:

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@crystal**flake wrote:

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I'm sorry I feel we are, lots of families dont actually pay tax because of the welfare they are getting.

---

Did you not get family payments when your children were at school?

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Freaki no.  

[boris1gary]

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@icyfroth wrote:

---

@i-need-a-martini wrote:

---

@crystal**flake wrote:

---

I'm sorry I feel we are, lots of families dont actually pay tax because of the welfare they are getting.

---

So?

There are a lot of Australians NOT paying taxes that they should be paying.

So it all evens out in the end doesn't it?

---

yeah. no-one's paying taxes but everyone's getting handouts lol

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no ones paying taxes it was almost half in that thread of no substance last week, that's a bit of a drop.

[crystal**flake]

I totally understand peoples mindset saying, well if they are giving it away!  I didn't want or need it as it wasn't in the plan for me having the kids.

They were here because I could afford them and I wasn't going to have anymore after them cause life changed and 2 was enough.

NEVER relied on welfare, not the family a or b.

[boris1gary]

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@crystal**flake wrote:

I totally understand peoples mindset saying, well if they are giving it away!  I didn't want or need it as it wasn't in the plan for me having the kids.

They were here because I could afford them and I wasn't going to have anymore after them cause life changed and 2 was enough.

NEVER relied on welfare, not the family a or b.

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so? as my Nana would say - "what do you want? a medal or a Davey Crockett hat?"