sonofgloin,

I couldn't agree more (sarc)...fancy the ALP leaving us with a AAA credit rating (from 3 agencies) and one of the lowest debt to GDP ratios in the OECD.

What were they thinking!

http://www.abc.net.au/news/linkableblob/3727694/data/possum-graph-8-government-debt-as-gdp-data.jpg

Abbott's diplomatic triumphs are doing a great deal of trouble in the pipeline. It would be best if he just said nothing. Or better still get rid of the lying international disaster.

He says things to suite the occasion, Him and Castro should get along nicely. Now he is a conservationist, that is a 100* turnaround.

It would take a brave person to stick up for Abbott, the man is a dork and is not in AU's best interests.

Hockey has not yet kicked a goal with his social dividing budget, and needs to be scrapped.

Turnbull is on the sidelines, abiding his time, just like Rudd.
This term of govt; will go down in history as an all time disgrace.

The whole noalition team have to be on the edge, not knowing what is going to be said next.

Poirot>> I couldn't agree more (sarc)...fancy the ALP leaving us with a AAA credit rating (from 3 agencies) and one of the lowest debt to GDP ratios in the OECD.
What were they thinking<<

P I can’t disagree with the lowest debt to GDP ratio....and regardless of what Hockey tells us our spending on social services is lower than the majority of OECD nations, even America.....but Labor are hopeless economic managers.

The GFC did not impact on us, our GDP grew...but we got into a debt that warrants a major sell off from the nation’s assets. Given Labor sold off our banks and Liberals sold off our gold, Hockey and Abbott respond with taking money from our most vulnerable....the old and the poor.

After 8 months of governance I have judged Abbott to be a liar, just the same as Pinocchiette Gillard.

Just to remind ourselves, the nothing backbencher is on $200K a year...not to mention the rest of the perks and payments, and Abbott announces with the passion of a matyre, that he and his ilk will feel the new tax sting.....a totally canonizing self serving statement.

I will also remind you that Global Miners get more return on investment from their Australian operations than anywhere else on the globe...we are being screwed...just by taxing them at global parity we would pay off our debt....but just as the Global Miners put Gillard in her place....Abbott has not got the guts to do what is best for Australia and Australians.

sonofgloin,

"The GFC did not impact on us, our GDP grew...but we got into a debt that warrants a major sell off from the nation’s assets."

Erm....one asks "Why didn't the GFC impact us?" (Nothing to do with the "early" implementation of a stimulus?)

It does not "warrant a major sell off from the nation's assets".

So instead of going into a GFC driven recession, we run up some debt - which is still incredibly low compared to other countries - countries which decided to go with austerity during the GFC.

Australia under Labor keeps itself ticking over nicely...with low debt to GDP...and you say "but Labor are hopeless economic managers."

Gawd help me...the world's going mad!

P,

While making excuses for labor's debt is all good and well, no left whinger has indicated anything that makes his overseas diplomatic trip and efforts anything but a success.

It is a great success - especially amongst
American comedians. They refer to Mr Abbott
as Australia's 'George W.'