The Forum > General Discussion > Will the past come back to haunt labor.
Will the past come back to haunt labor.
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Posted by rehctub, Friday, 10 June 2016 7:01:22 AM
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rehctub,
Hurling nearly $9 billion at the RBA was one of Hockey's first acts - money they didn't want, need or ask for. "Surprisingly, Hockey’s budget has government spending at a hefty 25.9% of GDP in 2014-15 and staying at that elevated level in 2015-16. Even at the end of the forward estimates in 2018-19, government spending is high at 25.3% of GDP. Peak government spending under the Rudd government stimulus measures during the global crisis was 26% of GDP in 2009-10 as it ramped up spending in response to a severe global recession. It is noteworthy that after the stimulus in the wake of the global financial crisis, spending fell to 24.6% of GDP in 2011-12 and then 24.1% in 2012-13." http://www.theguardian.com/australia-news/2015/may/12/big-spending-joe-hockey-delivers-a-federal-budget-that-will-please-no-one How's that for balanced numbers? So much for Hockey's "savings measures". "Are you seriously that stupid that you think people actually think the libs caused that extra $160 billion all by them selves?" One of us here is "seriously that stupid" - but I don't think it's me : ) Posted by Poirot, Friday, 10 June 2016 7:52:04 AM
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Still no recognition as to what amount of that $160 B was spent servicing labor caused issues. You have identified $9 billion, so there is only another $151 billion to be accounted for.
It does not surprise me that you appear unwilling to answer my question, which is why I suspect you may either be a politician, or a retired labor puppet. Waiting Poirot. Just a hint, as if you need it. Simply start with the $151 billion, deduct all monies wasted on labor caused issues, then use the remainder to define the real % of GDP from the libs. Remembering of cause to include ALL MONIES spent on illegals as not a red cent would have been needed had we not gone down the Kevin 07 road. Well that's not quite true, because there were two detainees, so I will credit you for those. From 2 to 2000, that's a mighty achievement hey Poirot. They are all gone now, the 1998 brought in by labor and the boats have stopped, but at what cost. The floor is yours my friend. Posted by rehctub, Friday, 10 June 2016 9:57:47 AM
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Oh come on Rehctub, if you believe ANY of the parties could return Australia to surplus then you must be very naive.
All politicians lie before elections. It is almost a prerequisite for the job. Posted by Suseonline, Friday, 10 June 2016 10:40:22 AM
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rehctub,
Lol!... You're a doozy. This govt lurches about, cut's programs by the the hundreds and hundreds, can't past a budget - and there you are blaming Labor. Here's a good one - how about all those dodgy private training colleges the LNP (state and federal) are so fond of. These "set-ups" have been gobbling up govt largesse hand over fist in the last few years - and collapsing with monotonous regularity after they've taken the money and not trained the students who've signed up. All in an effort to destroy TAFE. "She was assigned to teach 80 students at Sydney's Unique International College, but hairdressing teacher Penny Martin never heard from any of them, a court has heard. They were some of the more than 2000 students that Unique International College recruited to its campus in Granville, while the college accrued more than $57 million in taxpayer funding." "On Wednesday, the college and its owner, Amarjit Singh, faced the Federal Court on a charge of unconscionable conduct in the first of a series of trials as the government attempts to reclaim more than $420 million in taxpayer funding from the vocational education sector." http://www.smh.com.au/national/education/unique-international-college-teacher-never-heard-from-her-80-students-court-told-20160608-gpejsh.html#ixzz4B8LE9gjs Here's some more - defence spending as a way of avoiding negative growth. "A surprise 41.5 per cent jump in government spending on defence equipment helped Australia's economy grow by 0.2 per cent for the three months to June. If it wasn't for that spending, the economy wouldn't have grown at all." "ABS data shows government spending on defence equipment in the December quarter last year was worth $1.7 billion (a 41.4 per cent increase on the previous quarter), then $1.4 billion in the March quarter this year (a 14.1 per cent decrease), then 41.5 per cent last quarter (worth $2 billion)." http://www.smh.com.au/federal-politics/political-news/abbott-government-spending-on-defence-equipment-keeps-economy-growing-20150902-gjdgdw.html#ixzz4B8MJtDr Posted by Poirot, Friday, 10 June 2016 11:03:39 AM
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Suse,
"All politicians lie before elections. It is almost a prerequisite for the job" We'd have to dredge the depths to see a party outfit which lied as fulsomely as the Abbott Opposition did.....once in govt, their policies bore almost no resemblance to their pre-election spiel. They set a new benchmark for lying to win govt IMO Posted by Poirot, Friday, 10 June 2016 11:56:16 AM
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You still have not told us how much of that $160 Billion was spent on dealing with labors illegals, stopping the boats, or the unfunded promised Labor committed us to.
Are you seriously that stupid that you think people actually think the libs caused that extra $160 billion all by them selves?
Give it a rest Poirot, at least until you provide some balanced numbers. Surely that's not too much to ask?
The who point is here is a guy, a major contributor to the failed Rudd Gillard government, who expects us to believe he has all of a sudden found the magic pudding.
The numbers speak for themselves, as we have a record number of voters poised to shift from the majors to the minors. This clearly shows that they, like myself, see Turnbull as a 'dud', and cant bring themselves to trust labor again, especially given Bill was such a huge influence on the Rudd/Gillard debacle.