Or did you hear about the three econometricians who went hunting?

The first econometrician shot at a deer, and missed by a metre to the right. The second econometrician shot at it, and missed by a metre to the left. And the third econometrician jumped up and down in glee crying "We got 'im! We got 'im!"

* * *

For an introduction to Austrian theory of money and credit in plain language:

“What Has Government Done to Our Money?” by Murray Rothbard
http://mises.org/books/whathasgovernmentdone.pdf

“The Mystery of Banking” by Murray Rothbard
http://mises.org/Books/mysteryofbanking.pdf

Rechtub do you understand?
Is there any chance you actually know.
Your thread, your every liveing thought expressed here , says you do not know.
Targeting workers/wages/all social security/ but quaintly demanding the rich get their share of it! ROTFL!
No one would ever make a claim, based on your posts, that you UNDERSTAND!
Abbott is not faceing a victory because of workers wages and entitlements.
The BETRAYAL of Rudd, Dillards untrust worthiness, the murder of mining tax, the AWFUL policy,s that over shadow the good ones.
OF MOST IMPORTANCE! you and others, look only at the NDIS thread, are making claims for the incomeing government, THAT THEY WILL NEVER MAKE/DO.
After the election, as your dreamed up policy,s never happen, as Australia, unable to take its eyes of Dillards betrayers of my party, for the first time!
*Opens its eyes to just who and what they have elected, we will see disappointment*
But you? convinced Halos will shine on every head, that wages will fall and bosses be able to publicly flog workers?
Rechtub you may even be forced to face your biggest enemy,
*REALITY*a fear full foe for such as you.

Belly, as I see it, it's quite simple.

Going back to the early 90's, labor introduced IR reforms that rocked most industries.

We had cases wherepeoplee were sacked for stealing, then compensated and reinstated, simply because they were not told they could not steal.

This happened because of POOR POLICY IMPLIMENTATION from the then labor government. RING A BELL, as the past five years has proven they have not learned from thier mistakes.

So, Howard came along, worked very hard for years to restore business confidence and water down this ridiculous UFD laws, not to mention pay back labor's RECORD DEBT.

THE COUNTRY BOOMED with the result being more choices for work than ever, as there were more jobs than workers, and confidence, in both business and workers was sky high.

Then along came one K Rudd, flanked by Gillard, supported by you (the unions) and they were he'll bent on changing EVERYONE'S arrangements, even if those involved were happy.

And guess what, CONFIDENCE TOOK A HUGE DIVE.

Continued

Continued by Rehctub, for Belly's sake

No surprises there.

Of cause the likes of you Belly blame the GFC. But that was back in 08, and didn't cause the destruction of live export, (the real effects now sending many broke)or the cash for clunkers, or the border protection fiasco, or the fuel/grocery watch joke, or the other multitude of stuff ups from this incompitent mob, SUPPORTED BY THE LIKES OF YOU.

So, given the mess labor have left us, the full extent of which won't be known until mid month, ANY INCOMING GOVERNMENT will be pushing TISH up hill for some time before ANY REAL PROGRESS can be made towards a recovery.

But at least one thing will get a much needed boost, and that's confidence, as
the coalition has history of restoring comfidence on it's side, unlike your beloved labor have"

BTW, check my post history as far back as 06 and you will see that I warned about this many times over.

I also warned about Qld Labor, again fell on deaf ears.

Perhaps if you created jobs, instead of saving them, often at any cost, it would be YOU that would have a better understanding of just how the wheels turn, or more so, what actually makes them turn.

So by all means, go ahead and bond with your failing minority of LABOR LOVERS, vote for your beloved labor, but just remember, the definition of insanity, is doing the same thing again and expecting a different result.

Belly, he's right. You blame Gillard, but what you're not appreciating is that it's Gillard's *ideas* that are causing her to engage in this kind of destructive, wasteful, stupid behaviour.

The idea that human society is some kind of class war; the idea that employment is intrinsically exploitative; the idea that by entering into voluntary transactions people are being "targeted" i.e. shot at; the idea that employers would "publicly flog" employees, the idea that the State should have unlimited power to take property from anyone and give it out to anyone else; these are classic Labor ideas that motivate Labor's stupid behaviour.

And do you know where these ideas come from, at fifth hand? Karl Marx. Whether you realise it or not, you're channelling Karl Marx, and by supporting anyone spouting this hateful anti-social illogical nonsense, you're causing the government to make the working class MUCH WORSE OFF, because that's who they're taking billions from to pay for their destructive, wasteful, stupid schemes.

One scheme alone. Kevin Rudd wasted $450 million on one single stupid carbon scheme. An idea that he was going to control the temperature of the globe in 500 years time by capturing and storing a harmless odourless element that is the basis of all life. Stupid, stupid, stupid.

$450 million. Think how many working people had to work how much to pay that. Think what that could have done if left in the hands of its owners. Think how much better they could have spent it: on housing, food, education, health care, the needy, the environment, communications; all the things that the stupidity of Labor voters think can only be done by the government.

It's no excuse to say the Liberals are equally stupid or immoral. Even if they are, that's a reason for you to stop dragging the centre of gravity in that direction!

JKJ,

For the last 800,000 years, your "harmless odorless element" appears to have remained within fairly narrow constraints - until post Industrial Revolution times.

I suspect there's a reason for that.

http://www.guardian.co.uk/environment/interactive/2013/may/10/climate-warming-gas-carbon-dioxide-levels-interactive?CMP=twt_gu