Pelican, recent stuff ups in both treasury forecasts, and the brilliant Mr Swans interpretation of them have seen us go from "a promised surplus" , to a "surplus at any cost" to a deficit of some 8 Billion dollars all in the space of one budget.

THEN, just to further prove their incompetence, that deficit of some 8 billion is now predicted to be more in the order of 33 billion, a 400% + increase IN JUST A FEW WEEKS.

So, one can only assume that treasuries forecasting tool is some type of chocolate wheel.

Now on top of that, we have huge debt, unfunded dreams/promises and a declining mining sector.

Care to give the wheel a spin yourself, because after all, that's the reality of our present situation, yet, you expect an opp government to provide a forecast, based on information provided by an proven incompetent treasury.

Slam dunk I would suggest!

Not so rehctub. Forecasting is not a science and both sides of politics (and public servants) are not perfect in that respect. It would be impossible. Forecasting is done with available data at the time. This can change at any moment with changing global or other factors.

I am talking about budgeting in terms of costing policies which is an entirely different function than forecasting and much more definitive as it is based on projected revenue and spending.

The line about Treasury stuff-ups is spun by the Coalition to avoid public scrutiny. Only a few are buying it even Coalition voters I speak to agree this was a bad move.

The Coalition know it's bunkum, and worse they know we know it and yet they hold the public in such contempt and disregard.

The Coalition are spruiking tax cuts while at the same time promising better services. How are they going to pay for them? It's not an unfair question for any party.

as the opposition..must be watching this thread..i will repeat

.finance is built on a lie..a huge big fat fib..juist like it has been all through time

[or at least since the time of christ/upsetting the money changers..selling dispensation tokens..well over face/and value of its metal content.

ceaser debased the coin..in that previous time
yet managed to build many stadiums..to create jobs
just liker the 2002 collapse was headed off by introducing 'work ready'.security screening globally

keatingh 'saved us/all'..by selling off thecommon[lol;]wealthbank

howard saved us all..by taking 10%..off our wages
to 'give'..less to statyes..so states gatherd huge debt..mortgauged off its stadiums/utilities infastructure..to the money changers..CONtrolling our COMPULSORY SUPER*

rudd and cohort$.. then bailed out the money changers..yet again
by bailing out too big to fail..bwankers..selling secularized/and underwritten iou's [

read our loan applications..as if investment AAA grade..promises..much bought with your compuls-sorry super..con*tibut-ions[sic*]..juliar uppedtheft via c023 tax..increase in the super con

anyhow other great scams/rort
were taking over sport and quality programing

then selling it on..to the fools lending..THEIR OWN SUPER BACK*..on ursury credit card rates/minimum repayment.,.via the money-changers stealing your wagees [10%]and federal reserves[100%]

[gold silver copper
/mints note..printing branches plus ..monetary exchange rates/interest rates..etc

just as govt steals from
via income tax fraud.. our wage isnt income
but thanks be to colluded fraud..it has become the cash cow..supplying the only real value..[your labor..on minimum wage]

you are now slaves..
except you house feed..abuse yourself..now
but are just to busy tired..to think

how come income dont get taken from the rich/trust funds
nor corpse-orations..corporations..[inc/ltd]

but will..be TAKEN..from your wage

oh jesus..why so many needlessly needy
govt can make its own cash..INTREST FREE..as much as is needed

JUST*..eliminate the bwankers..
from owning/controlling our monetary exchange supply

and lockup for .life ;..*pub.lic servants serving 'other masters'
and audit EVERYONE*..put it online..if you havnt claimed it..

it goes back to govt..who on-sell it by open process..a
to buy back the mint..fed etc..that NEVER should have gone tothe money exchangers[thieves]

lest we forget..the servants
hid their super/stole telstra/telicom cash cow..when they saw the cash crash comming..[proceeds of crimr?]

expect more of..the same

.....The Coalition are spruiking tax cuts while at the same time promising better services. How are they going to pay for them? It's not an unfair question for any party.

I'm with you there Pelican, as I don't know either.

What I do know is that us tax payers have seen some 16 billion OF OUR FUNDS wasted on illegals.

On the othe hand, how do you propose labor pay for it's un-funded policies?

Policies that most likely will be someone else's problem I suspect.

You also say.....Not so rehctub. Forecasting is not a science and both sides of politics (and public servants) are not perfect in that respect. It would be impossible. Forecasting is done with available data at the time. This can change at any moment with changing global or other factors.

I would suggest that an error in the order of 400%+ in just ten weeks has little to do with global forces, rather, it has to do with incompetence.

You must also remember that the Howard government also relied on treasury information, they got it right.

The real problem we face is how to replace the 16billion of tax layers dollars, pissed away on RUDS illegals debacle.

This is another labor stuff up that someone else will most likely be responsible for and, anything they do moving forward is only ever going to be in an effort to fix something that wasn't broken until Kevin came along.

I will say this till the day I die, IF ONLY THEY WERE ACCOUNTABLE!

lol
if only they were held..to account

how so..in this case
..<<..The shocking minutes relating to President Putin’s meeting this past week with US Secretary of State John Kerry reveal the Russian leaders “extreme outrage” over the Obama regimes continued protection of global seed and plant bio-genetic giants Syngenta and Monsanto in the face of a growing “bee apocalypse” that the Kremlin warns “will most certainly” lead to world war.

According to these minutes, released in the Kremlin today by the Ministry of Natural Resources and Environment of the Russian Federation (MNRE), Putin was so incensed over the Obama regimes refusal to discuss this grave matter that he refused for three hours to even meet with Kerry, who had traveled to Moscow on a scheduled diplomatic mission, but then relented so as to not cause an even greater rift between these two nations.

At the center of this dispute between Russia and the US, this MNRE report says, is the “undisputed evidence” that a class of neuro-active insecticides chemically related to nicotine, known as neonicotinoids, are destroying our planets bee population, and which if left unchecked could destroy our world’s ability to grow enough food to feed its population.

rest of article
http://www.republicbroadcasting.org/index.php?cmd=news.article&articleID=5617

some great listening
http://www.republicbroadcasting.org/shoutcast/shoutcast.html