Contradiction in Abbot's interview

Funky1 said :

dungfungus said :

JC said :

dungfungus said :

Where were you when Joe Hockey said many times “the age of entitlements is over”?
What hasn’t been promulgated enough is that we are still borrowing $1 billion a month and part of this is funding the benefits that are being withdrawn.
We need that benefits money to help to pay interest on the debt already accrued which is about the same amount per month that we are borrowing. How ridiculous is that? We are borrowing money to pay interest! Doesn’t that ring some sort of alarm bell?

So if it rings an alarm bell why didn’t Abbott and Hockey do something about it? All they have done is adjusted spending, to match exactly what Labor had planned anyway ($415b) but on their own agenda and adjusted income sources along traditional Liberal ideological lines of make the poor pay and the save the rich and corporate the pain.

Doesn’t seem to be doing anything very much to me.

Someone else quoted that the top 2% of wage earners (the are rich people but also include the silvertail socialists) will be paying thousands of dollars via the defecit levy for the next 2 years.
That’s what Abbott and Hockey have done about it.

Exactly!! Only for 2 years!! While the other cuts to the lower classes, pensioners, etc will be permanent!!

Most of the cuts to the battling underclasses will not start for a while anyway. In the meantime they will have to learn to toughen up like everyone else. They can vent their anger by voting for Labor in the next election.

dungfungus said :

JC said :

dungfungus said :

Where were you when Joe Hockey said many times “the age of entitlements is over”?
What hasn’t been promulgated enough is that we are still borrowing $1 billion a month and part of this is funding the benefits that are being withdrawn.
We need that benefits money to help to pay interest on the debt already accrued which is about the same amount per month that we are borrowing. How ridiculous is that? We are borrowing money to pay interest! Doesn’t that ring some sort of alarm bell?

So if it rings an alarm bell why didn’t Abbott and Hockey do something about it? All they have done is adjusted spending, to match exactly what Labor had planned anyway ($415b) but on their own agenda and adjusted income sources along traditional Liberal ideological lines of make the poor pay and the save the rich and corporate the pain.

Doesn’t seem to be doing anything very much to me.

Someone else quoted that the top 2% of wage earners (the are rich people but also include the silvertail socialists) will be paying thousands of dollars via the defecit levy for the next 2 years.
That’s what Abbott and Hockey have done about it.

Exactly!! Only for 2 years!! While the other cuts to the lower classes, pensioners, etc will be permanent!!

dungfungus said :

JC said :

dungfungus said :

Where were you when Joe Hockey said many times “the age of entitlements is over”?
What hasn’t been promulgated enough is that we are still borrowing $1 billion a month and part of this is funding the benefits that are being withdrawn.
We need that benefits money to help to pay interest on the debt already accrued which is about the same amount per month that we are borrowing. How ridiculous is that? We are borrowing money to pay interest! Doesn’t that ring some sort of alarm bell?

So if it rings an alarm bell why didn’t Abbott and Hockey do something about it? All they have done is adjusted spending, to match exactly what Labor had planned anyway ($415b) but on their own agenda and adjusted income sources along traditional Liberal ideological lines of make the poor pay and the save the rich and corporate the pain.

Doesn’t seem to be doing anything very much to me.

Someone else quoted that the top 2% of wage earners (the are rich people but also include the silvertail socialists) will be paying thousands of dollars via the defecit levy for the next 2 years.
That’s what Abbott and Hockey have done about it.

And these are the people paying most of the income tax anyway.

JC said :

dungfungus said :

Where were you when Joe Hockey said many times “the age of entitlements is over”?
What hasn’t been promulgated enough is that we are still borrowing $1 billion a month and part of this is funding the benefits that are being withdrawn.
We need that benefits money to help to pay interest on the debt already accrued which is about the same amount per month that we are borrowing. How ridiculous is that? We are borrowing money to pay interest! Doesn’t that ring some sort of alarm bell?

So if it rings an alarm bell why didn’t Abbott and Hockey do something about it? All they have done is adjusted spending, to match exactly what Labor had planned anyway ($415b) but on their own agenda and adjusted income sources along traditional Liberal ideological lines of make the poor pay and the save the rich and corporate the pain.

Doesn’t seem to be doing anything very much to me.

Someone else quoted that the top 2% of wage earners (the are rich people but also include the silvertail socialists) will be paying thousands of dollars via the defecit levy for the next 2 years.
That’s what Abbott and Hockey have done about it.

dungfungus said :

Where were you when Joe Hockey said many times “the age of entitlements is over”?
What hasn’t been promulgated enough is that we are still borrowing $1 billion a month and part of this is funding the benefits that are being withdrawn.
We need that benefits money to help to pay interest on the debt already accrued which is about the same amount per month that we are borrowing. How ridiculous is that? We are borrowing money to pay interest! Doesn’t that ring some sort of alarm bell?

So if it rings an alarm bell why didn’t Abbott and Hockey do something about it? All they have done is adjusted spending, to match exactly what Labor had planned anyway ($415b) but on their own agenda and adjusted income sources along traditional Liberal ideological lines of make the poor pay and the save the rich and corporate the pain.

Doesn’t seem to be doing anything very much to me.

dungfungus said :

Where were you when Joe Hockey said many times “the age of entitlements is over”?
What hasn’t been promulgated enough is that we are still borrowing $1 billion a month and part of this is funding the benefits that are being withdrawn.
We need that benefits money to help to pay interest on the debt already accrued which is about the same amount per month that we are borrowing. How ridiculous is that? We are borrowing money to pay interest! Doesn’t that ring some sort of alarm bell?

Not if the money is invested in the economy and has a higher rate of return than the borrowing interest rates. Don’t forget that the Australian government gets lower interest rates than you or I ever will. Managing the budget of Australia is not the same as managing a household budget, and this whole “budget emergency” thing is utter rubbish. $1b/month sounds like a big number, but compared to the GDP it’s not that bad. A large deficit is bad, but a large surplus is a wasted opportunity.

Not that I’d want Wayne “Surplus at any cost” Swann back in charge of finances…

watto23 said :

dungfungus said :

Where were you when Joe Hockey said many times “the age of entitlements is over”?
What hasn’t been promulgated enough is that we are still borrowing $1 billion a month and part of this is funding the benefits that are being withdrawn.
We need that benefits money to help to pay interest on the debt already accrued which is about the same amount per month that we are borrowing. How ridiculous is that? We are borrowing money to pay interest! Doesn’t that ring some sort of alarm bell?

Stop regurgitating coalition policies. Noone is arguing that we didn’t need to make cuts such that we are not borrowing money to pay interest. However the budget went further than that and set about ideological changes because liberal wants to get rid of things too under the disguise of a fake “budget crisis”. I have no issue with cutting welfare to the middle class. However he is also adding welfare to the middle and upper class with his maternity leave scheme. So on one hand he is telling people pay for a doctor, pay for your education, no more handouts and on the other hand he is saying except if you want to have a baby then let us pay for your 6 months off, because the current minimum wage for 18 weeks isn’t generous enough. Very hypocritical if you ask anyone who isn’t a blind coalition or labor voter.

How about you stop regurgitating Labor policies then.

FWIW I think it’s a strange budget, and I think I need to read more analysis and think about it, but re-spewing the cr*p the commercial media is peddling is helping no-one.

dungfungus said :

Where were you when Joe Hockey said many times “the age of entitlements is over”?
What hasn’t been promulgated enough is that we are still borrowing $1 billion a month and part of this is funding the benefits that are being withdrawn.
We need that benefits money to help to pay interest on the debt already accrued which is about the same amount per month that we are borrowing. How ridiculous is that? We are borrowing money to pay interest! Doesn’t that ring some sort of alarm bell?

Stop regurgitating coalition policies. Noone is arguing that we didn’t need to make cuts such that we are not borrowing money to pay interest. However the budget went further than that and set about ideological changes because liberal wants to get rid of things too under the disguise of a fake “budget crisis”. I have no issue with cutting welfare to the middle class. However he is also adding welfare to the middle and upper class with his maternity leave scheme. So on one hand he is telling people pay for a doctor, pay for your education, no more handouts and on the other hand he is saying except if you want to have a baby then let us pay for your 6 months off, because the current minimum wage for 18 weeks isn’t generous enough. Very hypocritical if you ask anyone who isn’t a blind coalition or labor voter.

Where were you when Joe Hockey said many times “the age of entitlements is over”?
What hasn’t been promulgated enough is that we are still borrowing $1 billion a month and part of this is funding the benefits that are being withdrawn.
We need that benefits money to help to pay interest on the debt already accrued which is about the same amount per month that we are borrowing. How ridiculous is that? We are borrowing money to pay interest! Doesn’t that ring some sort of alarm bell?

Regardless of how you put it, there is a lot of contradiction. I have no issues with a tough budget. I have issues with lying about what he was going to do to get elected. And then using one argument when it suits him and another when it doesn’t. Lets get rid of the carbon tax and mining tax, and instead we’ll increase taxes elsewhere! The reason is because the big companies that pollute fund the liberal party. not because its to help out families. At least I can see how corrupt the unions are and also their association with labor.