on 03-02-2015 04:14 PM
think about this too
https://thesnipertakesaim.wordpress.com/2013/03/02/ipa-agenda-to-re-shape-australia/
IPA agenda to re-shape Australia
this is not the Australia I want for my children
on 03-02-2015 04:19 PM
@icyfroth wrote:
Think about this and let’s ask ourselves where Australia is heading, a first grader could work this out.
In 2007, we had a strong and sustainable budget with a $20 billion surplus and $50 billion in the bank.
After six years of Labor, the deficit had blown out to $50 billion and gross debt was skyrocketing towards $66...7 billion.
$37 million a day interest, $1 billion a month, $11 billion + per year.
Right now, we’re borrowing $1 billion a month just to pay the interest on debt that the former Labor government ran up.
That’s right – one thousand million every month to pay Labor’s interest bill – that’s a brand new tertiary hospital that could be built every single month if Labor’s interest bill did not have to be paid.
If Australia is such a basket case as some would have us believe, why do you think we still have the AAA ratings from all the agencies? ALP got that rating because we were the only country in the world that weathered the GFC relatively unscathed. We had low inflation, low employment, low interest rates. The money ALP spent was invested in projects, in education. LNP just cuts and talks down Australian economy, which is detrimental internationally. Taxes are collected to pay what we need, hospitals, roads, education for future, not to be hoarded in surpluses. But now, the LNP are cutting and doubled the debt - it has been over a year they came in, maybe they should stop blaming past government and start taking responsibility.
03-02-2015 04:20 PM - edited 03-02-2015 04:22 PM
@vicr3000 wrote:
See am
Small things for small minds, you immediately focus on the knighthood.
Your beloved Labor is the reason you dont have a lot of jobs in your area, 6 years wasted.
But you wont say anything about that, just jump all overAbbott.
I don't have a beloved Labor. Another inaccurate assumption. I have no respect for TA and his Govt's policies.
Re the state of the Aust economy - depends how easily one is influenced by the likes of CEC and other dubious publications.
on 03-02-2015 04:25 PM
on 03-02-2015 04:28 PM
on 03-02-2015 04:30 PM
on 03-02-2015 05:04 PM
Maybe that's one of the things that got the backbenchers so riled up,
The Prime Minister spent much of last week calling around his backbench trying to quell the anger of those frustrated by his leadership.
But MPs are still angry that Mr Abbott changed his personal mobile number late last year, leaving backbenchers unable to contact him directly with their concerns.
“We wanted to talk to him directly and none of us had his number. It’s just not a genuine consultative style.”
on 03-02-2015 05:06 PM
@icyfroth wrote:
Think about this and let’s ask ourselves where Australia is heading, a first grader could work this out.
In 2007, we had a strong and sustainable budget with a $20 billion surplus and $50 billion in the bank.
After six years of Labor, the deficit had blown out to $50 billion and gross debt was skyrocketing towards $66...7 billion.
$37 million a day interest, $1 billion a month, $11 billion + per year.
Right now, we’re borrowing $1 billion a month just to pay the interest on debt that the former Labor government ran up.
That’s right – one thousand million every month to pay Labor’s interest bill – that’s a brand new tertiary hospital that could be built every single month if Labor’s interest bill did not have to be paid.
Or would you rather focus on Knights and Dames or Mr Abbott's Ears?
Wow, who are you quoting there? or have you got the handbook?
Howard left a structural deficit and Howard left an unfunded baby bonus commitment.
Howard left the next govt with a budget problem because he knew he was on the way out.
on 03-02-2015 05:13 PM
on 03-02-2015 05:16 PM
