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The Forum > Article Comments > The Bligh budget blowout > Comments

The Bligh budget blowout : Comments

By Scott Prasser, published 12/11/2009

The real cause of Queensland's budget deficit blowout is the excessive growth of the public service.

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The fact is this lady is simply incompetent for the job at hand.

With her and her predecessor, ‘back flip beaty’s reputation for failed ventures and wasted billions, we now face the real prospect of business, both large and small, loosing what confidence they still have in the government in power and, like it or not, the other side has F-all to offer as they would have been in power several terms ago if they did.

So what now!

We have the failed walkway along the Brisbane River, the failed ‘North bank’ project and now, the failed traverston dam project.

Don’t you think it would have been wise to get permission first, rather than spend $600 million +, then ask!

Labor governments just don’t cut the mustard when it comes to planning.

Grocery watch, the solar debacle, the changes in the insulation project. These are all projects that have damaged business confidence and I seriously doubt whether businesses in the future will even both responding to government projects for fear of being left ‘high and dry’.

I think perhaps the best stimulus package we could have is for these fools to resign their offices and let the others back in.

Now as to whether or not they can do any better, ‘who knows, but surely they can’t do any worse and, can we afford to let these fools loose for any longer?

We already have inherited debts for the next generation or two! Which from a federal level has taken just two short years, not terms, YEARS!
Posted by rehctub, Friday, 13 November 2009 6:15:12 AM
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this is complete nonsense, the reasons for the budget blowout is schizophrenic economic ideology permeatating throughout the western world. its the cut taxes and increase and improve services mantra of voodoo economics. it is crippling california and it will destroy qld.
reagonomics or supply side economics of cutting taxes to stimulate growth combined with expansiory spending to meet the societies desires and want leads to disaster
we cut property taxes when we are experiencing rapid population growth. it does not lead to increase in housing affordability, but it leads to a transfer of revenue from public services.
Posted by slasher, Friday, 13 November 2009 6:23:06 AM
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Human societies are problem solving organisations. As problems occur, they increase in complexity to resolve problems. Big government is simply a sign that our society has many problems to solve. Unfortunately what this problem solving approach fails to anticipate is that increasing complexity as a problem solving response reaches a point of declining marginal returns. Arguably that is the point we are at in many areas, for example the billions of dollars in road infrastructure to reduce congestion. The other impact of complexity is that it requires significant investment just to maintain the status quo. In summary what we are facing is a situation where the costs of complexity outweigh the the benefits. Once we reach that point it is likely that society will collapse to a lower level of complexity, whether we want it to or not.
Posted by leckos, Friday, 13 November 2009 9:14:02 PM
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"The fact is this lady is simply incompetent for the job at hand."

I couldn't agree more rehctub, though obviously for different reasons than those that you advance.

"We already have inherited debts for the next generation or two! Which from a federal level has taken just two short years, not terms, YEARS!"

This is typical hysteria which fails to comprehend the most basic functions of our modern economy.

Whay would you say rehctub, if I told you that the most successful 3 decades in Australia's history saw 1 single budget surplus - the rest were in deficit.

What would would you say if I told you that Robert Menzies never presided over a single budget surplus?

Probably nothing intelligent I suppose.
Posted by Fozz, Friday, 13 November 2009 10:48:40 PM
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What would would you say if I told you that Robert Menzies never presided over a single budget surplus?
Fozz,
Well, who did ?
Posted by individual, Saturday, 14 November 2009 9:09:45 AM
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Arthur Fadden (Country party) ran a single surplus in 1951. Another surplus was not seen for 20 years. But as far as strong growth and full employment (real full employment that is – around 2% not 5%) those years were outstandingly successful.

The manic drive for permanent and ever-growing surpluses is a relatively recent phenomenon. It is also unrealisable. Federal budget surpluses are manifested as private sector deficit.
Posted by Fozz, Saturday, 14 November 2009 5:47:06 PM
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