Runner ". The science on economics like weather is certainly not settled the bible makes the most accurate prophecies on both."
Really?
What prophecies?
Is that the one where it rained for 40 days and flooded the world, and Noah took all the animals of the world in pairs onto his boat, and his family, and then they all hopped off the boat and Noah's kids populated the world......with each other?

As for consumer recession, I agree with 579.
We are in for trouble, and I doubt either Government can say they didn't contribute to this mess!

What prophecies? These prophecies http://www.reasons.org/articles/articles/fulfilled-prophecy-evidence-for-the-reliability-of-the-bible

Now you can apologise for doubting runner and the Lord.

The LNP has been in power for only a matter of months. The economic mess and complete emergency we currently have is because of 6 years of horrendous Labor ineptitude. Only bind Freddie, or blind Susie, wouldn't realise that.

's that the one where it rained for 40 days and flooded the world, and Noah took all the animals of the world in pairs onto his boat, and his family, and then they all hopped off the boat and Noah's kids populated the world......with each other?'

actually that is one Susie. The fact that you ignore all the evidence of the flood simply shows how blind you are. Instead you seem to hold to the dogmas such as order from chaos in order to validate you unscientific and ungodly dogmas.

The Left are getting dangerously stupid. Looks like they're in bed with Egyptian lawyers.

We have been in trouble for a few years now. Even the deniers are starting to see the wheels wobble.

Governments MUST remember one very important economic fact, that being, you can only spend money once and, if it's wasted, then you end up just where we are today. Consumer recession as more and more are unsure about their futures.

It's not rocket science, it's simply at matter of people not willing to spend their money if they are not sure they can replace it.

The warnings were there loud and clear, it's just that too many thought us being in better shape than others was all that mattered. What a pity they didn't see this coming.

Consumer confidence has steadied at a strongly negative level, failing to recover from a post-budget slump.

With a raft of retailers reporting worse than expected sales over the past couple of months, the widely watched Westpac - Melbourne Institute Index of Consumer Sentiment has failed to offer much hope.

The index rose just 0.2 per cent in June to 93.2 - still well off the 100-point level where optimists equal pessimists.

Westpac's senior economist Matthew Hassan says the result shows the post budget blues are far from lifting.

"Sentiment has stabilised after registering a sharp fall in the wake of the Federal Budget last month," he observed in the report