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The Forum > General Discussion > Has the Coalition DOUBLED Australia's deficit? Yes, and here's the proof.

Has the Coalition DOUBLED Australia's deficit? Yes, and here's the proof.

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Rehctub, immigration has ALWAYS been an initial drain on resources. And it's ALWAYS been an eventual BENEFIT to the wealth, and equally importantly diversity, of Australia.

I'll yet again explain the basic maths involved to you (reduced to its most basic mathematical level to help you understand) --- when over 20 years a $10 investment produces a $15 overall return, that's NOT a $10 loss to Australia's wealth, it's a $5 GAIN. I explained this earlier, obviously maths is not one of your strengths. As long as immigration continues it will draw on our resources, and it will repay that ten times over. There's ALWAYS a minority of bigots and hateful racists who say "this" lot of immigrants are "different" and will bring Australia to it's knees.... They said it in the 50s, they said it again in the 60s, they said it again in the 70s, they said it again in the 80s etc etc etc etc.

For example, in the 60's some people were terrified that those horrible, alien immigrants from Greece and Italy were destroying our economy and dividing our culture. They said the cost was too high, and that these wicked aliens would never, ever assimilate and contribute to the wealth of Australia. Laughable isn't it Rehctub, just as "your" current fear and paranoia will be viewed as equally laughable in 50 years time.
Posted by Nhoj, Wednesday, 7 May 2014 4:21:14 PM
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Spindoc, thanks for acknowledging that the Coalition has DOUBLED the deficit.

I really appreciate your support. That's so nice of you.
Posted by Nhoj, Wednesday, 7 May 2014 4:26:58 PM
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immigration has ALWAYS been an initial drain on resources and it's ALWAYS been an eventual BENEFIT to the wealth, and equally importantly diversity, of Australia.
Nhoj,
That was certainly the case when the trained immigrants came from war torn Europe & Australia's infrastructure program was huge. Could you imagine another Snowy mountains scheme with the support of the Greens ?
Could you imagine the immigrants from the conflict areas around the middle east working like those who built the Snowy scheme ?
Can you honestly see that happening ?
Can you honestly see Australia's deficit going down so soon after so many years of managerial wilderness ?
Then we have to keep the likes of you because judging by your posts I don't think you could ever pull your weight.
Posted by individual, Wednesday, 7 May 2014 6:54:32 PM
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Individual, what you "really" meant to write was, "Can you honestly see Australia's deficit going down, after the DOUBLING of the deficit in a mere 7 months by the COALITION?"

Get it right Individual. Gee, remember it's hard workers like me who'll have to support oldies like you after the Coalition wrecks the economy from DOUBLING the deficit.

Also, you are incredibly ignorant of the VAST and DIVERSE economic contribution migrants have made to Australia, "outside" of one project you can name. Your opposition to your hated migrants (especially DARK SKINNED migrants from "non white" cultures) is based on utter ignorance of the factual reality of Australia's history. You're just an old man longing for a return to "white" Australia.
Posted by Nhoj, Wednesday, 7 May 2014 7:14:21 PM
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N....when over 20 years a $10 investment produces a $15 overall return, that's NOT a $10 loss to Australia's wealth, it's a $5 GAIN

So, our government borrows it's money at I think around 3%. so, that $10 has now cost $18. So if we repay the initial $10 then the interest of $8 we are actually behind.

I can forgive you for thinking we wouldn't have to borrow the money, because that's PRECICELY how it was before one K Rudd came along.
But sorry, I can't forgive you for your lack of math skills, especially given you are a self confessed expert in this area.

What a pity so many decided to take that gamble.
Posted by rehctub, Wednesday, 7 May 2014 7:50:30 PM
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Rehctub has now just told the world that he believes Australia, since the beginning of migration, has only used 100% "borrowed" money on any migration issue.

Oh dear, I can see why poor "old" Rehctub is not Australia's treasurer. I wonder if his wife controls his pension funds? Let's hope so.
Posted by Nhoj, Wednesday, 7 May 2014 8:22:28 PM
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