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The Forum > General Discussion > HOW?

HOW?

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So Ms Gillard suggests we have a choice of two alternatives.

Cuts and less spending from Mr Abbott, or, prosperity and essential reform from her government, securing our future is how I think she said it.

So I challenge any labor lover out there to explain to me just HOW she intends to do this WITH NO MONEY.
Posted by rehctub, Tuesday, 25 June 2013 4:02:13 PM
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Without production money has no value! Money is a standardized promissory note that can be traded for stuff or services. If the politician (coalition and Labor) lawyer, advertiser, real estate agent, accountant, journalist and the salesperson (to name a few) were the only individuals on the planet and they invented a system of promissory notes so they could use them to purchase each other services, it would not work because they produce nothing. They would have nothing to eat, nowhere to live, would be naked and have to walk. Their services and accumulation of wealth can only be ancillary to production.

A complex society requires some essential none productive services to function. We need to question the balance and degree of these activities and the reward (proportion of productivity) a particular activity attracts.

When we spend more than we produce it is called debt! When parasitic activities increase productive activities decrease, it is called inflation!

Too many non- productive parasites being rewarded with a disproportionate and undeserved amount of this countries productive wealth!

The solution (very condensed version) – Personal income per annum (from all sources including fringe benefits) should be limited to a range from not only a minimum, but also to maximum linked to sustainable GDP. Income goes up goes up and down with productivity. We share the pain and the wealth. I call it Productionism.

That’s HOW but it won’t be done by Gillard or Abbott.

Hang them in September and move to a democratic proportional system.
Posted by Producer, Tuesday, 25 June 2013 5:45:54 PM
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rehctub - Sorry but you need to correct your comment quote "HOW she intends to do this WITH NO MONEY.

Should read HOW she intends to do this WITH NO MONEY and owing 100's of Billions of dollars (thank you for the debt Labor).
Posted by Philip S, Tuesday, 25 June 2013 7:27:12 PM
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Yes Philip, she would also have us believe that her government can implement these reforms, without the money, while trying to service that huge debt and, without either underestimating the cost (NBN style) or surfing them up. Or both.

I just can't believe the hide of this woman.

I must say though that just a tiny part of me feels sorry for her, because she truly believes what she says, so I would suggest she suffers from some type of disorder.

Perhaps this is why she is pushing so hard for her NDIS.

She is dead in the water but I now believe she truly can't see that for herself.
Posted by rehctub, Wednesday, 26 June 2013 6:27:54 AM
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Butcher,

The reality is that anyone can maintain a great standard of living if one simply racks up debt on the credit card. Socialists always do well until they run out of other peoples money to spend.
Posted by Shadow Minister, Wednesday, 26 June 2013 10:46:13 AM
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Dear rehctub,

This may help answer your question of "How?" ...

http://www.indexmundi.com/australia/economy_profile.html
Posted by Lexi, Wednesday, 26 June 2013 11:08:59 AM
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