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The Forum > Article Comments > Boosting growth > Comments

Boosting growth : Comments

By David Leyonhjelm, published 17/10/2016

Every cost that Australian businesses face can be reduced through structural reform, to the benefit of profitability, incomes and employment.

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Structural reform? Like more time spent on committees, blocking the very reforms that would improve the average lot of every citizen, as opposed to selling the farm/real estate and our most profitable business opportunities to debt laden foreigners, who then ask the Australian consumer to put their bent and bowed/overloaded backs to the wheel!? To not only retire the debt, but ensure repatriated profit allows drone investors, with a few dollars of inherited money/shares? To wax fat on our re prioritised endeavor!

Is that your preferred structural reform David!? As you and your ilk virtually sit on idle hands allowing the deindustrialization of Australia?

Or are you just another leather polisher, who knows all the reason it won't work? Usually because some toffee nosed, overpaid anus sphincter/small d Dictator, is placing endless barriers in the way?

If only to impose their own delusions of grandeur on everyone else?

Real structural reform improves the average lot on those at the bottom of the heap and through that, power-lifts all those immediately above, where it becomes an economic snowball rolling ever onwards and upwards picking both size and speed! As it does so, eventually become an unstoppable avalanche of economic growth! And it starts at the bottom, defying gravity/conventional wisdom!

David, there are only three kinds of folk entering parliament, those that can count and those who can't!

Or put another way, those who are part of the problem or part of the solution, with far too many of the former getting endorsement and far too few of the latter winning through or even being allowed to be heard!

Speaking of being able to count?

Here's one even you can't get wrong?

Q: How many L's are there in can can?

A: 250!

La,la,la,la,la,la,la,la,la,la,la,la,la,la,la,la,la,la,la,la,la,la,la,la,la,la etc/etc! And sung to the music of Can Can!

Suggest you leave the accompanying splits to the more flexible? Gypsies, with big round glass balls, find that particular movement quite shattering?

Try it with both ears blocked with fingers and you'll hear a little less than you do now?
Alan B.
Posted by Alan B., Monday, 17 October 2016 10:51:27 AM
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"The Reserve Bank Governor noted in his testimony that Australia’s economic growth of 3.3 per cent is above trend. This shows there is no case for increasing government spending on public servants or handouts to businesses and individuals. The economy does not require stimulating and there is no case for budget deficits and debt."
That's a non sequiter. Growth has been below trend for a while. Now, thanks to a sharp rise in the price of coking coal, there's been a big growth in profits. But the economy still has plenty of spare capacity, so (in the absence of much scope for interest rate reductions, there's still a strong case for budget deficits and debt.

"However, there is always a case for expanding our economy’s productive potential. All this requires is for government to get out of the way."
Investing in our future is usually a much better strategy for the government than getting out of the way. Though I do agree with you about removing tariffs and lifting the ban on second hand vehicles from Japan.
Posted by Aidan, Monday, 17 October 2016 11:37:06 AM
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"And the biggest barrier to the expansion of private businesses in a market occurs when government decides to provide a service itself and make it free, such as government-owned hospitals, schools and media."
David Leyonhjelm.

That's nice David, but why stop there? We could also privatize the Australian Defence Forces into private militias.

Well you started it!
Posted by Ingongruous, Monday, 17 October 2016 12:32:47 PM
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Interesting aside to David Leyonhjelm's article on 'Boosting Growth'.
His mate Bob Day from the Family First Hallelujah Party, whom he bloc votes with on economic matters is leaving the Senate as he is in an economic mess as his building company goes into liquidation.
Posted by Ingongruous, Tuesday, 18 October 2016 6:08:30 AM
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