The Forum > General Discussion > Medicare, what Medicare?
Medicare, what Medicare?
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Posted by Poirot, Tuesday, 14 June 2016 11:28:16 AM
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rehctub,
"New research: Abbott and Turnbull the worst economic managers since Menzies" http://www.theguardian.com/business/grogonomics/2016/jun/14/new-research-abbott-and-turnbull-the-worst-economic-managers-since-menzies?CMP=share_btn_tw "New research by the Australia Institute reveals that across a broad range of economic measures, the Abbott/Turnbull government has performed the worst of any Australian government since Menzies took power in 1949. The institute’s paper also notes that historically there is little correlation between “business friendly” policies and economic performance." "But a report by the Australia Institute to be released today titled “Jobs and Growth ... And a Few Hard Numbers” shows that there is little correlation between economic performance and either political party. The report, which examines the economic performance of Australia under every prime minister since Menzies, also found that the “business friendliness” of a government does not appear to have much impact either. The report examines economic performance across a range of 12 indicators – including GDP per capita, the unemployment rate, employment growth and the growth of real business investment and intellectual property investment. The findings by economist Jim Stanford showed that on all but two measures, the performance under the Abbott/Turnbull government has been worse than that under the Gillard government. Only on the measure of growth of government debt as a share of GDP is the Abbott/Turnbull government “better”. But even if you agree with the proposition that lower government debt is a good thing, the Abbott/Turnbull growth of 2.16% of GDP is only marginally better than the 2.26% of GDP growth observed under the Gillard government." Posted by Poirot, Tuesday, 14 June 2016 11:34:41 AM
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Let's take one step at a time shall we Poirot, produce the REAL numbers why don't you.
As for passing budget measures, one suggestion would be the unworkable senate. But at least that may change. Once the real figures are produced, then, and only then can we actually compare the two. Wouldn't you agree? Posted by rehctub, Tuesday, 14 June 2016 1:16:53 PM
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No good blaming the senate if the proposed legislation was any good there would be no problem. That is what Abbott said.
Posted by 579, Tuesday, 14 June 2016 1:28:21 PM
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Parrot,
Your reference about Abbott and Turnbull being the worst economic managers since Menzies highlights you lack of discernment about fact-gathering in your arguments against anything not suiting your looney-left ideology. None of the objects of your hatred were Treasurers; they were Prime Ministers. The Guardian (your reference), like you, is not the least concerned about the veracity or sense of the muck they throw at anyone they hate; and, as far as Menzies is concerned, neither you nor the Commo muck-spreader at the Guardian are old enough to know anything about the man. Posted by ttbn, Tuesday, 14 June 2016 3:13:53 PM
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ttbn,
"Parrot" Wow! - another poster here who thinks it's great to pull out the kiddie names - what do you for an encore, ttbn? Find your own immature epithet - that one's Shadow Minister's (use it again and you won't receive a response) "Your reference about Abbott and Turnbull being the worst economic managers since Menzies highlights you lack of discernment about fact-gathering in your arguments against anything not suiting your looney-left ideology. " Lack of discernment? - that's rich. Okay how about giving me some facts which point to the fact that this pack of incompetent wreckers have done anything at all for the economy? "Commo muck-spreader" Lol! - scintillating! "Menzies, a failure by today’s rules, ran a budget to build the nation" http://theconversation.com/menzies-a-failure-by-todays-rules-ran-a-budget-to-build-the-nation-30823 "Robert Menzies left Australia in far worse financial shape than he found it, at least according to current treasurer Joe Hockey’s favourite debt and deficit benchmark. Having inherited budget surpluses from the Chifley Labor government, the Menzies Coalition government ran small budget surpluses from 1949-50 to 1957-58. But then Menzies' “irresponsible profligacy” began, running budget deficits for the last nine years of his reign. Between 1958-59 and 1966-67, Menzies averaged budget deficits of 1.8% of GDP. His biggest deficit of 3.3% of GDP in his final year in office was larger than the last Swan deficit, which the Abbott government has called a “disaster” and a “budget crisis”. "While Hockey borrowed his “lifters and leaners” line from Menzies, he has not borrowed his fiscal strategy. Spending as a percentage of GDP rose steadily and substantially under Menzies, from 19.4% of GDP to 24.5%. The public sector that Hockey so derides grew by around 25% while Menzies, a Liberal hero to prime ministers John Howard and Tony Abbott – as well as Hockey – was calling the shots." There's a world of difference between Menzies and his record and this bunch of fiscally incompetent cowboys. Posted by Poirot, Tuesday, 14 June 2016 3:58:45 PM
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Typical....
This mob of wreckers have been in nearly three years, haven't managed to pass one budget yet, are obviously fiscal incompents.
..and the butcher blames Labor.
Lol!