Nhoj

I have done some 'research' on the 'Usual Suspects' on here. You will be interested to know all of their posts are made on the same computer. Its a steam powered Commodore 64 (early model). On investigation, I have traced the offending machine to the Shangri-La Nursing Home in Peran Victoria. Tonight at Shangri-La the inmates were in for a special treat 'Tapioca Pudding' was on the menu, they all enjoy their tapioca, as they can eat it and leave their teeth in at the same time.
Its now about 10 o'clock and the 'Usual Suspects' will all be tucked up in bed, sanny pads on, Zimmer frames away, Sister has given them their nightly medication, read them 'Goldilocks and the Three Bears', past 7 o'clock and the likely lads are fast asleep!

Yo, Paul,

"Yo-ho-ho, and a bottle of rum!
Fifteen men on the dead man's chest--"

Yet, some of us are still here.

You and Nhoj may be the 'young Turks', but somehow I think we may still outlast you.

Good luck with your hot cocoa.

Saltpetre,

"I guess there's no hope for some of the welded-on socialist fraternity, they're so deep in their own 'spin' that maybe even a D12 would have trouble digging them out."

That's a laugh....coming from someone who supports a govt whose agenda in no way resembles their pre-election spiel. You really can't see a certain disparity between the bilge they served up before the election and their rogue actions since?

(Boggles the mind)

Spindoc,

"I was a bit sus on Nhoj early on, the signs started to emerge of systemic patronizing abuse and bullying..."

(To Nhoj) "What a mendacious, cheating, obfuscating, abusive, vacuous little weasel you turned out to be."

That's a larf too...(hypocrite)

You might as well admit it, Ludwig, Saltpetre has it in a nutshell...

>>The input has not generated an ongoing increase in productivity<<

And even that is slightly inaccurate. While there clearly is no "ongoing" increase in productivity, there is no increase in productivity at any stage in the process. This is because economic resources - people and money - have been diverted from other productive activities.

The economy as a whole is just a magnification of everyday life. Instead of trying to get your head around the big picture, which you are finding most challenging, try to picture something more manageable.

Think of a small village, with two families, one family farms the land, the other digs up gold. The gold-digger sells his stuff to the big city, and buys his food from the farmer, while the farmer lives quite comfortably off his own produce.

The GDP of the village is, as you point out, "the monetary value of all the finished goods and services produced within a country's borders in a specific time period". In this scenario, let's say the gold fetches $50,000 for the gold-diggers, and they use all of it to pay the farmer's family for their produce. I will leave you to work out what the village GDP might be...

But - disaster! A cyclone destroys the farmer's crops, a tornado funnels out all his livestock, leaving him with nothing. What happens to the GDP of the village? (Take your time. That's the tough one)

Alternatively, an earthquake collapses the gold mine, and it takes a year to clear the debris before production can start. What happens to the GDP of the village?

Or perhaps the village suffers an epidemic of SARS, and fifty percent of both families are incapacitated for a period, say, of a year. What happens to the GDP of the village?

You can make any assumptions you like about alternative markets, availability of nursing facilities and so on. But in no case will you find that GDP increases as a result of these occurrences.

‘morning Poirot,

Are you the same Poirot that also got “sprung” just like Nhoj and also refused to acknowledge your misleading/false claims?

“Why don’t you stop digging, you’ve already reached rock bottom. Just swallow your omission and move on”.
Posted by spindoc, Sunday, 13 April 2014 7:43:18 AM

“In the end it doesn't really matter because Eleventy Joe is going to do his thing anyway”.
Posted by Poirot, Tuesday, 15 April 2014 10:38:20 AM

http://forum.onlineopinion.com.au/thread.asp?discussion=6330&page=0#186361

So it doesn’t matter that you got it wrong? I guess we can rule out personal integrity then?

There is something disturbing about those who live in glass houses and call out hypocrite.

If you wish to associate yourself with Nhoj’s offence against OLO’ers by refusing to acknowledge your errors, then you have earned the right to live with the same criticism.

Happy Mothers Day.

It's good to see that this thread is continuing on under "different" subject matter, like migration and the definition of GDP.

Why is this good?

Because the original subject matter (the coalition's doubling of the deficit) is fully concluded, and a final conclusion on OLO has been reach that the coalition has indeed DOUBLED THE DEFICIT.

I would like to thank "Spin"doc for his support and his conclusion, that he agrees with the "Fact Check" conclusion, that the coalition has DOUBLED THE DEFICIT.

So thanks so much for your support "Spin"doc.

Yes, the coalition has DOUBLED THE DEFICIT in just 7 months