Indi,

>waffle repeated in parrot fashion by the backyard economic experts.<

Sums up Nhoj - excepting 'dunce' would be a better final descriptor.

Nhoj has provided no 'proof', just a regurgitation of Labor 'spin'.

Sure, 4-year forward estimated deficit (supposedly) of $123 billion, of which $68 billion (approx) is due to Labor PEFO (and earlier MYEFO) mis-calculation and deception (to make them look less fiscally challenged), including a host of UN-FUNDED programs neatly hidden 'under the rug'.
Labor has been the absolute champion of promises it could absolutely NOT deliver.
And there is no way of wriggling out of these FACTS.

In 6 years in government, Labor never got it right once - time after time 'guaranteeing' reduced deficits and a return to budget surplus, 'just over the horizon', until finally forced to admit they got it just so WRONG.
Wayne Swan, champion 'illusionist'.
Why in heaven's name would anyone trust Shorten or Bowen (or Labor in general) when it comes to the real facts or when it comes to fiscal competence?

Name me a Labor government which has produced a surplus - or even a manageable deficit.

Who would YOU trust to get us out of a Labor-generated fiscal 'black hole'?

Nhoj a pragmatist, or a realist? No, just opinionated.
It's just so sad really. Potential promise, misguided, unfulfilled.

As for Luddy, I think he has a point.
Disaster restorations, and 'relief', may add to GNP (through construction activity), but in the end you're back to square-one. The input has not generated an ongoing increase in productivity (just a restoration of the status quo), but has incurred taxpayer expenditure - which will have to be recovered from somewhere, won't it.

Immigration may add to GNP, but does it add to GDP? The 'theory' would say that it does - over the long term, IF it's the right kind of immigration and IF the government(s) can balance the books along the way.

‘morning Nhoj,

You said << Drop your right wing political correctness "Spin"doc, and admit that the coalition has DOUBLED the deficit in 7 months >>

I think you are going to have to point out where I have denied the doubling of the deficit under Hockey anywhere on this thread. On the contrary I not only used your links to confirm it, I also used your links to show how the new deficit was derived.

To quote you and confirm I have indeed actually agreed with you, you said;

<< Spindoc, thanks for acknowledging that the Coalition has DOUBLED the deficit. >>
Posted by Nhoj, Wednesday, 7 May 2014 4:26:58 PM

It is a traditional courtesy on OLO, that when you mouth off and get it wrong you apologize.

So it would be nice if you started with that apology and then see if you can answer the questions posed. It should be easy for a thinker like you as the same answer fits all questions.

Or are you going to do the dreaded “Poirot”?

I can't think of anything except Nhoj Nhoj wank wank know what I mean ?
Fancy citing the ABC & Chris Bowen as reliable sources ?

Good stuff, Spindoc.

You have Nhoj on the ropes. He probably wont come out next round.

"Spin"doc, ah at last you finally openly admit you "confirm it" regarding the coalition's DOUBLING of the deficit in a mere 7 months. Now that wasn't too hard to admit was it? No of course not.

So it's congratulations to "Spin"doc for agreeing with "Fact Check" that the coalition has DOUBLED the deficit.

You're the first rightie here who has agreed with the "Fact Check" conclusion. There ya go "Spin"doc, that wasn't too painful for you, the world didn't end and your hero Tax'Em Tony is still alive.

Now, SPQR and Saltpetre it's your turn. Why can't you be good boys (oops I mean old men) like "Spindoc" and openly admit that the coalition has DOUBLED the deficit?

Come on fellas, you can do it.