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The Forum > General Discussion > Unhappy Thirtieth for Malcolm.

Unhappy Thirtieth for Malcolm.

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Turnbull and his crooked cronies keep yabbering about 420,000 new jobs being created, but they cannot show us where these mysterious jobs are, or who got them. There are still 700,000 unemployed people in Australia, who have been about before the claimed creativeness of Turnbull and friends, and they are still there.

Either Turnbull and his mob are lying or they have pushed even more no-hopers into the commonwealth public service (which would not be an election winner), because that's the only area governments can employ people. We have heard nothing about these 420, 000 jobs from business – the only sector that can create employment – because they do not need any more people. The supposed jobs could not have been snapped up by immigrants, most of whom can't speak English, and come from dysfunctional countries looking for welfare, not jobs.

There are no jobs for people already here, yet mass immigration continues.

Some of the Turnbull government's achievements:

The highest household debt in history
The highest foreign debt in history
The lowest level of household savings since the GFC
The highest housing prices in history
The highest level of commonwealth debt
The highest level of crime and drug abuse in history
The highest level of net immigration and congested cities
The most money wasted on consultants

Turnbull is a raging socialist who has out-Labored Labor for incompetence,big spending and turning Australia into a Third World country.
Posted by ttbn, Wednesday, 11 April 2018 1:12:50 PM
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The one bit of consistently good news for our Prime
Minister is that he has retained his status as
preferred Prime Minister over his rival Opposition
Leader Bill Shorten.

Unfortunately the division and uncertainty that seems
to have paralysed the Liberal Party for most of Mr
Turnbull's time in office shows no sign of abating
any time soon. It is a pity that a Prime Minister is
being forced to stop governing the country and has to
turn his administration into a protection racket for
his greedy, incompetent, cabinet
colleagues.

If Tony Abbott or Peter Dutton are going
to replace Mr Turnbull as leaders, this will be the
predicted swing to Labor that we're likely to see at
the next election. Let's not forget that these same
colleagues who are now baying for blood were the ones
who were willing to vote for an empty chair rather than
support the previous PM - Mr Abbott.

Do we really think that the Liberals would want to head
into an election with either of these leaders, Abbott or
Dutton who are likely to lose their own seats?
Well, maybe. They did with Howard in 2007. So anything is
possible.

Peter Costello - the country needs you!
Posted by Foxy, Wednesday, 11 April 2018 2:45:17 PM
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Costello?

Here are some facts about the mythological "Howard Golden Age".

From about the 20th-ranked economy in 1982, under Keating Australia had risen by 1996 to sixth in the world — behind only the United Arab Emirates, Norway, Singapore, Japan and the United States.

By 2007 at the end of the Howard years, Australia had slipped back in the rankings to 10th place.

This was masked by global growth and an extraordinarily acquiescent media.
But while Howard and Costello alternately blundered and dozed, Australia (with Japan and the USA) was overtaken by Iceland, Luxembourg, Switzerland, Taiwan, Hong Kong and China.

Costellos blunders include -
The privatisation of productive assets.
Failing to invest in infrastructure.
Failing to lift compulsory superannuation savings to strengthen retiree security.
Selling 167 tonnes of Australia’s gold reserves at near rock bottom prices just before the price rose spectacularly.(Loss was approx $5billion).
Losing more than $4.5 billion gambling in foreign exchange markets between 1997 and 2002.

According to a Treasury report between 2004 and 2007, the mining boom and a robust economy added $334 billion in windfall gains to the budget surplus.
Of this, the Howard Government spent, or gave away in tax cuts, $314 billion, or 94 per cent.
Sales of businesses yielded another $72 billion.
And yet Australia’s cash in the bank when Howard left office was a pathetically low 7.3% of GDP.

As for that so-called surplus, there was indeed a surplus announced in Costello's final budget but Howard blew it before the November election desperately tying to buy votes.

Howard spent $4 billion on his own ‘cash splash’ in that final budget, and promised another $4 billion in his election campaign in the middle of a boom.

In other words, there was no economic rationale whatsoever. Howard's handouts were helping to overheat the economy and used for political bribes designed soley to buy votes.

The fact is that the Howard government were incompetent economic managers who were just lucky to have been in a resources boom.

What we need are good economic managers, not just lucky ones.
Posted by rache, Wednesday, 11 April 2018 5:08:56 PM
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The fact that Turnbull has not stepped down voluntarily speaks loudly of his poor character and self-interest. The fact that his colleagues haven't called on him to stand down speaks loudly of their cowardice and unsuitablity for office. In any country but dumb, lethargic Australia, people would be out on the streets demanding action and a repeat of the Whitlam dismissal.
Posted by ttbn, Wednesday, 11 April 2018 5:14:16 PM
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Dear rache,

So what do you think of Malcolm Turnbull as an economic
manager?
Posted by Foxy, Wednesday, 11 April 2018 5:21:38 PM
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I don't know how I could have overlooked Turnbull's crowning achievement: the highest power prices in the world.

As the Quadrant's online editor, Roger Franklin wrote today:

" ....the Prime Minister is entirely disinclined to "engage" with any who would do something to lower the bills of every Australian being robbed blind by this government's resolute endorsement of green idiocy and the rent-seeking shakedown artists making out like bandits at the expense of the nation's wealth and future."
Posted by ttbn, Wednesday, 11 April 2018 5:28:09 PM
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