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The Forum > General Discussion > Government an embarrassing joke on energy

Government an embarrassing joke on energy

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While Jimbo boyishly smirks about surplus and all the good stuff that the government has done - without us noticing as we struggle with what they have done to us - Australia's per capita GDP has declined for 6 consecutive quarters. It's a “hidden recession” according to economists.

Household disposable income has dropped like a stone. ‘The Australian’ has disclosed that we are suffering the worst decline in living standards since the 1950s. Our living standards have dropped more than any other country in the world, according to eminent economist Chris Richardson. Productivity is “as sick as a dog”, he says. And it's to do with mass immigration, the thing neither side of politics has ever put up as a policy, pre-elections. Mad, policy-free mass immigration keeps making individual Australian’s lives worse and worse.
Posted by ttbn, Tuesday, 26 November 2024 8:36:42 AM
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I think most people have forgotten that the two surpluses that the
Treasurer keeps preening about are fake surpluses generated by transferring
the Future Fund into the governments budget.
Probably China has got its eyes on the Future fund as good source of
vassal state funds for an undeveloped country like China.
Could this be why the Handsome Boy arranged the transfer in the first place ?
Posted by Bezza, Tuesday, 26 November 2024 2:40:03 PM
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The AU govt, has no access to AU Futures fund. Costello is futures fund governor. And has been since day one. Au govt can only ask for considerations as to possible investments on AU projects if they bring in the appropriate interest amounts. Costello has been a magician in investments for the futures fund and has grown exponentially since it's its beginning.
When media reports on political stories it's 90% misinformation and the rest is news maybe.
Posted by doog, Tuesday, 26 November 2024 7:05:43 PM
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"The AU govt, has no access to AU Futures fund"

Yeah, but Jimbo wants to direct the FF to invest in Blackout Bowen's wind and solar Nirvana. I'd agree with the observation that Albo has presided over a government making a series of horrible decisions since losing the voice. Thank goodness the MAD bill got canned. Hitler gained a lot of control in Germany after passing laws to control misinformation, and the Stasi got established after the East German government was concerned about harm from misinformation and disinformation. I guess that cult leader Albo will just have to stay a wannabee.
Posted by Fester, Tuesday, 26 November 2024 8:15:44 PM
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Chris Minns asks Sydney residents to keep washing machines off as heatwave nears peak
http://www.theguardian.com/australia-news/2024/nov/27/heatwave-bom-weather-forecast-sydney-power-outage-blackouts-temperature
'Temperatures climb towards 40C in the city’s west amid calls to cut back on power usage between 3pm and 8pm'

- Hand washing only between 3pm and 8pm.
They're not going to win Australias 'most liveable city' anytime soon.
No feces in the river please.
Posted by Armchair Critic, Wednesday, 27 November 2024 2:15:26 PM
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You only have to see sky news to know what mis and dis is. Probably the jockers here get their one eyed info from. Big headlines no substance.
If you reckon Albo is communist you need to look at china. Upstanding citizens no doubt.
What happened to spuds nukes. Has that fallen in the far right rubbish bin. SMR;s do not stack up to the cost / MwH produced plus refuelling four times / year.
Isn,t it amazing how Dutton has cooled his rhetoric lately. No nukes only dribble, siding with Albo. He has devils on both shoulders. I think he has lost his mojo.
We are still battling with NBN after Abbotts cleaver Back-out.
Scomo containing wage growth for 9 years another excellent hard right move. Maxed out our credit card another brilliant move.
AU GDP topping 1.8 trillion is excellent after 9 years of depression. We had 1 trillion GDP in 2012. We are on track for 3 trillion for end of 2026.
Posted by doog, Wednesday, 27 November 2024 6:48:55 PM
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