cont'd ...

I forgot to add it's under the title:

"Tony Abbott Goes Back to Court in June."

Belly,
I for one will put in a big effort to be rid of the present incompedent mob running parliament, but I do not expect it to be easy for those taking over.

Firstly,they will have to pay about $9 billion a year in interest alone on the debt Labor will have left them. But we simply cannot keep going the way we are now. From many promises of a surplus they finish with a $20 billion deficit and budget for an $18 billion deficit next year.

No, for some time the Libs will not have enough funds left to build any infastructure and will have to be very carefull with financial management. Labor has spent like drunken sailors, literally throwing the money away with gay abandon and we are left holding the baby.

I expect the Libs to run a tight budget and I expect them to stop the illegals coming, which alone will save heaps. Then i expect all the AGW rubbish to be abolished, with all the so called 'green investments' labor made.

For those that do not remember the libs did have surplus budgets and i expect the same again. We will again live within our means.

Yes Banjo, but only after thus mountain of labor debt has been brought under control..

That's going to be no mean task.

Every single labor voter, from the previous election and the comomg one, should take a real hard look at what they have helped to create.

Not to be proud, but to realize just what happens when one voted from the heart, and not the head.

Furthermore, if any of them have grand kids, they should spare a thought for them, as it is they who will be feeling the effects of the past five odd years of incompetence and total missmanagement.

If you were to tell an uninformed person today, where we were JUST LESS THAN SIX YEARS AGO, they would say, na, not possible!

What does it mean "live within our means?"

Is it so important for governments to have a surplus
when frontline desk staff in hospitals are cut to
the bone, when basic services are cut, when unemployment
increases, and so on. What's the use of having money in
the kitty when a government administration does very
little in providing the services that it should.

Governments should not be run like a business. They should
provide services for people and the nation. Our economy is
in good nick. We have a triple A rating. This is
not a cliche, it's what the International Monetary Fund tells
us, the Reserve Bank and world economists. Our economy is the
envy of the world. And we want to change things? We're told our
debt is negligible:

http://www.newmatilda.com/2013/05/14/swan-delivers-fails-sell

We know that Mr Abbott will establish a "Commission of
Audit," he told us so last night. This is a well-worn
Liberal tactic used by Premiers Newman, Baillieu, and
O'Farrell, to avoid disclosing their real plans prior to an
election and keeping secret the massive jobs, education, and
health cuts headed our way.

Australians deserve a little more respect from the man who wants
to lead the nation. The upcoming election will be held against
a back-drop of a fast-changing world. The central challenge
for political leaders and aspirants is to ensure Australia's
economic resilience in this time of change.

Mr Abbott's policies simply don't add up. He promises more
spending and lower taxes but he doesn't disclose what savings
he'll make to pay for his promises. We know the only way
out of this magic pudding world is to make massive cuts.
But not only is Mr Abbott refusing to disclose these, he's
also opposing other savings measures such as the government
reforms to the private health insurance rebate.

Why should we believe anything this man says. He wants to be
PM and is prepared to promise anything to get there.
His record for the truth is blemished. He'll do "whatever it
takes." Present whatever image is necessary. Gullible
people buy it. Others don't.

Here's a brief article and graph from The Economist.....seemingly telling us the opposite of all the doom and gloomers on this thread.

Reality, Gents?

http://www.economist.com/blogs/graphicdetail/2012/12/focus-3

Dear rehctub,

You need to state facts as they exist, not the spin
that you've been buying.

As the link that I've supplied earlier states the:

"Australian economy has grown by 9 per cent since the onset
of the GFC. Our unemployment rate was only 5.5 per cent last
year and is not expected to rise above 6 per cent."

"Yes we're running a deficit - but it's only a tiny one -
$18 billion in underlying cash terms. Our deficit is only
1.1 percent of our gross domestic product. By the time the
budget returns to surplus sometime in the next few years
Australian's will have a government debt of only 11 percent of
GDP. A negligible figure by any sensible judgement."

"Anyway you look at it ordinary Australians are doing okay under
this government. Nearly a million jobs have been created.
Inequality has steadied, perhaps even fallen. Standards of living
have kept rising. Interest rates are at record lows..."

But I guess you can't please everyone.

Some people simply have to whinge.