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The Forum > General Discussion > Labor's wasteful stimulus spending drives up inflation and interest rates.

Labor's wasteful stimulus spending drives up inflation and interest rates.

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Breaking a rule I value.
Not contributing 2 posts to Shadow Ministers threads.
Long history here SM is uninterested in other than official policy of the opposition, oppose every thing and complain about any thing.
I came to remind wobbles and the Blue Cross SM feeds on these threads.
I like debating conservatives but these threads do not debate.
It is much the same as trying to see The Australian show balance.
Or ride a push bike with out wheels in a marathon.
You will not get far.
Noted your reference to me up the thread SM, quite fun actually, knowing even you do not believe it.
Posted by Belly, Friday, 7 January 2011 4:37:16 AM
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TBC,

It is clear that not only do you have no understanding of economics, but that you also have no understanding of what economics is or what economists do. It however, places no restrictions on your desire to pontificate on the subject.

The majority of modern economics was developed post 1929 as a result of the depression, and whilst the GFC was big, it certainly has been no where near as bad as the depression of the 1930s. If the banks had been allowed to collapse, it probably would have been as bad.

The second wave of economic woes we are experiencing now are due to the socialist governments of the EU racking up debt. The GFC simply brought the debt crisis to a head.

The reason Aus sailed through was because it had no debt thanks to a decade of budget surpluses, and more restrictive banking practises.

Belly,

As your partially coherent posts in the threads I start contribute nothing to the thread other to slag me off and heap praise on those who share your views, your contribution is not sorely missed.
Posted by Shadow Minister, Friday, 7 January 2011 6:20:09 AM
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Labour's disgraceful spending could of helped those towns affected by floods. Soon they will have the nerve to blame the floods for the deficit. Oh that's right they are already making that pathetic excuse. Chances of surplus in 2013? Next to none with these compulsive vote buyers.
Posted by runner, Friday, 7 January 2011 9:07:48 AM
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Runner

I know who caused these floods.

It's not hard to see is it?

They are of 'Biblical proportions', and that is because Pastor danny, and others of his ilk, prayed so hard during the drought that we are now all suffering from the generosity of the gods.

But look at this, from Pastor Danny's latest email:

"2) Please also pray against the predicted floods in the St George area. We can stop the floods through prayer. We saw it in Chinchilla & Rockhampton. Praise the Lord!"

These people are not-quite-with-it are they.

Pastor Danny thinks he can save Rockie from floods, and St. George, having 'saved' Chinchilla, Condamine and Dalby.

Jeez! Wouldn't want Pastor Danny to fiddle in Shadow Minister's economic portfolio would we?

Oh dear!

It seems that economists work on 'faith' too.
Posted by The Blue Cross, Friday, 7 January 2011 12:00:24 PM
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Help is a little awkward at the moment until we see what damage has been caused. Runner.
Throwing money at something covered in water would be wasteful.
You are another one with a standing vote i gather.
Just sit tight and donate to the cause, help will be along shortly.
Posted by 579, Friday, 7 January 2011 12:58:36 PM
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Here's one for the mix, from an evil socialist rag SM:

http://www.truth-out.org/figuring-out-what-a-dollar-worth66609

Runner... I know... the spending CAUSED the floods. It was Rudd's way of buying-back-the-water needed wasn't it?

Now we can all blame Penny Wong for the floods.

But, HANG ON!

She followed Howard's water plan didn't she?

So, it was Howard's fault all along.

I KNEW it.
Posted by The Blue Cross, Friday, 7 January 2011 1:21:32 PM
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