Post Election Analysis: Coalition Govt to destroy Communist Canberra

watto23 said :

Comic_and_Gamer_Nerd said :

dungfungus said :

Nylex_Clock said :

dungfungus said :

Did it occur to you that the policies you are complaining about are those preferred by the majority of Australians who believe the country is already overcommitted to repaying debt due to Labor being unable to control expenditure?

No, because such a belief could only be the result of gross ignorance. It’s the job of the govenrment to govern. Tony Abbott hasn’t figured out how to do this yet, which is natural, because he essentially got elected on the back of a massive bargeload of complete and utter lies, and being a liar makes it difficult to effectively govern.

All international economic bodies point to Australia’s response to the GFC as having been the correct one.
Australia’s foreign debt is a tiny fraction of the size of the debts of other first-world countries.
Australia: 12% of GDP
Japan: 134%
USA: 88%
France: 84%
UK:83%
Germany: 57%
Canada: 35%
(And Norway: -165%, thanks to their version of the Mining Tax)
90% of the world’s countries have greater debts than ours.

Anybody who has decided to believe the Liberal party’s dishonest alarmism about “debt” has no idea what they are talking about. Gullible fools.

The alarmism about debt is real. The $300 billion does not include state, territory or unfunded public service pension money nor the contingent liability on deposit gurantees.
I am not disputing the indebtedness of the other countries but the difference between them and us is they are all industrialised and have enormous manufacturing capability. In simple terms, the other countries can trade out. In two years, Australia will not even be making cars and when cheaper coal and iron ore come on line from Brazil and Mongolia soon, our mining boom will be over.
Please give us you plan for Australia to then repay our debt.
If you had ever risked a few dollars in a business yourself you might understand; in fact, if you are confident things are so good why don’t you borrow heaps of that cheap money currently available and get into a business yourself. A man of your insight would do well. But then again, don’t take my advice as I don’t know what I am talking about.

Thanks for admitting you have no clue.

Yep confirms what I thought. Its like saying having a $200k mortgage is alarming debt, while still being able to afford to drive a new car and send your kids to a priovate school. Yes its debt and as long as its managed well then its ok. I agree, Labor may not have been handling the debt well, but the Coalition did a very good job of creating mountains out of molehills, like debt, boat people etc. Lets not forget while labor had its own issues, I’m sure liberals were helping stoke that fire as well.

Finally we’d not have this debt if the previous Howard government hadn’t started this so called age of entitlement, that Abbott is going to demolish, but only the labor policies, because we all know handing money to people for having a baby is a great use of money. We’d be rolling in money still if Howard hadn’t wasted it all and the NBN would have been built as well as many more roads. Instead they wasted it to buy votes with tax cuts. I’d argue some of the taxcuts were needed but it went too far and now our revenue is too low because mining boom is not booming.

If you live your life thinking voting labor or liberal only is the only way to go then, please go live in a dictatorship and tell me how that feels. Its great for liberals to say labor are a bunch of communists, but well the USA isn’t exactly a great place to live either, especially if you had it all as a high flying corporate exec and now are earning minimum wage of a few dollars and tips.

Reality calling fantasyland – increase flow of oxygen to brain.
Over and out.

Comic_and_Gamer_Nerd said :

dungfungus said :

Nylex_Clock said :

dungfungus said :

Did it occur to you that the policies you are complaining about are those preferred by the majority of Australians who believe the country is already overcommitted to repaying debt due to Labor being unable to control expenditure?

No, because such a belief could only be the result of gross ignorance. It’s the job of the govenrment to govern. Tony Abbott hasn’t figured out how to do this yet, which is natural, because he essentially got elected on the back of a massive bargeload of complete and utter lies, and being a liar makes it difficult to effectively govern.

All international economic bodies point to Australia’s response to the GFC as having been the correct one.
Australia’s foreign debt is a tiny fraction of the size of the debts of other first-world countries.
Australia: 12% of GDP
Japan: 134%
USA: 88%
France: 84%
UK:83%
Germany: 57%
Canada: 35%
(And Norway: -165%, thanks to their version of the Mining Tax)
90% of the world’s countries have greater debts than ours.

Anybody who has decided to believe the Liberal party’s dishonest alarmism about “debt” has no idea what they are talking about. Gullible fools.

The alarmism about debt is real. The $300 billion does not include state, territory or unfunded public service pension money nor the contingent liability on deposit gurantees.
I am not disputing the indebtedness of the other countries but the difference between them and us is they are all industrialised and have enormous manufacturing capability. In simple terms, the other countries can trade out. In two years, Australia will not even be making cars and when cheaper coal and iron ore come on line from Brazil and Mongolia soon, our mining boom will be over.
Please give us you plan for Australia to then repay our debt.
If you had ever risked a few dollars in a business yourself you might understand; in fact, if you are confident things are so good why don’t you borrow heaps of that cheap money currently available and get into a business yourself. A man of your insight would do well. But then again, don’t take my advice as I don’t know what I am talking about.

Thanks for admitting you have no clue.

Yep confirms what I thought. Its like saying having a $200k mortgage is alarming debt, while still being able to afford to drive a new car and send your kids to a priovate school. Yes its debt and as long as its managed well then its ok. I agree, Labor may not have been handling the debt well, but the Coalition did a very good job of creating mountains out of molehills, like debt, boat people etc. Lets not forget while labor had its own issues, I’m sure liberals were helping stoke that fire as well.

Finally we’d not have this debt if the previous Howard government hadn’t started this so called age of entitlement, that Abbott is going to demolish, but only the labor policies, because we all know handing money to people for having a baby is a great use of money. We’d be rolling in money still if Howard hadn’t wasted it all and the NBN would have been built as well as many more roads. Instead they wasted it to buy votes with tax cuts. I’d argue some of the taxcuts were needed but it went too far and now our revenue is too low because mining boom is not booming.

If you live your life thinking voting labor or liberal only is the only way to go then, please go live in a dictatorship and tell me how that feels. Its great for liberals to say labor are a bunch of communists, but well the USA isn’t exactly a great place to live either, especially if you had it all as a high flying corporate exec and now are earning minimum wage of a few dollars and tips.

dungfungus said :

Nylex_Clock said :

dungfungus said :

Did it occur to you that the policies you are complaining about are those preferred by the majority of Australians who believe the country is already overcommitted to repaying debt due to Labor being unable to control expenditure?

No, because such a belief could only be the result of gross ignorance. It’s the job of the govenrment to govern. Tony Abbott hasn’t figured out how to do this yet, which is natural, because he essentially got elected on the back of a massive bargeload of complete and utter lies, and being a liar makes it difficult to effectively govern.

All international economic bodies point to Australia’s response to the GFC as having been the correct one.
Australia’s foreign debt is a tiny fraction of the size of the debts of other first-world countries.
Australia: 12% of GDP
Japan: 134%
USA: 88%
France: 84%
UK:83%
Germany: 57%
Canada: 35%
(And Norway: -165%, thanks to their version of the Mining Tax)
90% of the world’s countries have greater debts than ours.

Anybody who has decided to believe the Liberal party’s dishonest alarmism about “debt” has no idea what they are talking about. Gullible fools.

The alarmism about debt is real. The $300 billion does not include state, territory or unfunded public service pension money nor the contingent liability on deposit gurantees.
I am not disputing the indebtedness of the other countries but the difference between them and us is they are all industrialised and have enormous manufacturing capability. In simple terms, the other countries can trade out. In two years, Australia will not even be making cars and when cheaper coal and iron ore come on line from Brazil and Mongolia soon, our mining boom will be over.
Please give us you plan for Australia to then repay our debt.
If you had ever risked a few dollars in a business yourself you might understand; in fact, if you are confident things are so good why don’t you borrow heaps of that cheap money currently available and get into a business yourself. A man of your insight would do well. But then again, don’t take my advice as I don’t know what I am talking about.

Thanks for admitting you have no clue.

Nylex_Clock said :

dungfungus said :

Did it occur to you that the policies you are complaining about are those preferred by the majority of Australians who believe the country is already overcommitted to repaying debt due to Labor being unable to control expenditure?

No, because such a belief could only be the result of gross ignorance. It’s the job of the govenrment to govern. Tony Abbott hasn’t figured out how to do this yet, which is natural, because he essentially got elected on the back of a massive bargeload of complete and utter lies, and being a liar makes it difficult to effectively govern.

All international economic bodies point to Australia’s response to the GFC as having been the correct one.
Australia’s foreign debt is a tiny fraction of the size of the debts of other first-world countries.
Australia: 12% of GDP
Japan: 134%
USA: 88%
France: 84%
UK:83%
Germany: 57%
Canada: 35%
(And Norway: -165%, thanks to their version of the Mining Tax)
90% of the world’s countries have greater debts than ours.

Anybody who has decided to believe the Liberal party’s dishonest alarmism about “debt” has no idea what they are talking about. Gullible fools.

The alarmism about debt is real. The $300 billion does not include state, territory or unfunded public service pension money nor the contingent liability on deposit gurantees.
I am not disputing the indebtedness of the other countries but the difference between them and us is they are all industrialised and have enormous manufacturing capability. In simple terms, the other countries can trade out. In two years, Australia will not even be making cars and when cheaper coal and iron ore come on line from Brazil and Mongolia soon, our mining boom will be over.
Please give us you plan for Australia to then repay our debt.
If you had ever risked a few dollars in a business yourself you might understand; in fact, if you are confident things are so good why don’t you borrow heaps of that cheap money currently available and get into a business yourself. A man of your insight would do well. But then again, don’t take my advice as I don’t know what I am talking about.

Nylex_Clock said :

[… he essentially got elected on the back of a massive bargeload of complete and utter lies…

Disagree. Abbott got elected because people were sick to death of Labor’s infighting, lack of direction and generally piss poor performance.

Abbott didn’t win, he just didn’t lose.

Regarding the debt, I don’t think it’s a problem if the debt is used for constructive purposes. Some of the Labor debt was constructive, but a lot wasn’t. Personally I think they overspent during the GFC, which is why interest rates jumped then fell back.

I wouldn’t mind reducing our debt, but it needs to be done gradually, and not at the expense of programs that improve our economic situation.

Labor and Liberal both suck these days, and the Greens do too. What we really need are some new pollies that have some clever ideas and the brains and balls to implement them.

Being debt averse doesn’t mean you are a Liberal. Some of us are just plain debt averse (Scottish heritage?). We were not only very uncomfortable with Rudd’s spending spree at a time when income, the ability to pay the debt, was probably going to drop, but also with Howard’s handouts before then and his selling off the family silver to pay down debt before that.

Back OT. We’re in a safe seat. Locally, we’re close to being a one-party state. No political party will ever care about what happens here. There’s probably something more personal about the lack of care right now because the CPSU announced loudly an proudly last year that it would campaign against the party that vocally promised the loss of 12,000 jobs but ignored what the other party was already doing (in a sneakier but probably more effective way). But that’s just speculation.

dungfungus said :

Did it occur to you that the policies you are complaining about are those preferred by the majority of Australians who believe the country is already overcommitted to repaying debt due to Labor being unable to control expenditure?

No, because such a belief could only be the result of gross ignorance. It’s the job of the govenrment to govern. Tony Abbott hasn’t figured out how to do this yet, which is natural, because he essentially got elected on the back of a massive bargeload of complete and utter lies, and being a liar makes it difficult to effectively govern.

All international economic bodies point to Australia’s response to the GFC as having been the correct one.
Australia’s foreign debt is a tiny fraction of the size of the debts of other first-world countries.
Australia: 12% of GDP
Japan: 134%
USA: 88%
France: 84%
UK:83%
Germany: 57%
Canada: 35%
(And Norway: -165%, thanks to their version of the Mining Tax)
90% of the world’s countries have greater debts than ours.

Anybody who has decided to believe the Liberal party’s dishonest alarmism about “debt” has no idea what they are talking about. Gullible fools.

dungfungus said :

watto23 said :

Nylex_Clock said :

How could anybody be a Liberal Party member or supporter and not be hanging their heads in shame it this disgusting attempt at legislation>

As Penny Wong says,
“In summary, this bill delivers a $3.3 billion tax break to mining companies; it cuts benefits to families by $5.6 billion over four years; it cuts superannuation entitlements and hikes superannuation taxes by $4.3 billion; it hikes the tax take on small business by $3.7 billion; and it cuts regional investment by $2.7 billion. What we have before the chamber is $16.3 billion in unfair, economically damaging tax hikes and spending cuts.”

The cuts to the low income superannuation bonus where the government matches the $500 (used to be $1500) of extra savings into super is what amazes me. Surely if a person on a low income can save some extra money and put it into their super, that any scheme helping and adding to that is far better than letting them just retire onto the pension.

Money should be aimed at people bettering their lives, but I get the impression that might be too extreme for conservative voters who don’t want those below them on the social ladder making too much money and climbing said ladder.

HECS in itself is a great idea and more programs like that, where the money is repaid should be introduced. How about medical contribution scheme. If you need surgery, a person without insurance has to sit in the queue. How about giving them the option to take out a HECS style loan to pay for the surgery in private and then pay that back through higher tax deductions based on income. Of course there would be limits based on ability to pay it back, but it would certainly help the waiting lists.

I call it incentive based welfare.

Just to remind you all that there was a Federal election last year and the conservative parties were able to form a majority government in th lower house. The Senate outcome from 1/7/14 is yet to be determined.
Did it occur to you that the policies you are complaining about are those preferred by the majority of Australians who believe the country is already overcommitted to repaying debt due to Labor being unable to control expenditure?

Did you read what I wrote? I’m not a labor or liberal voter. One has to vote based on what you can find out from the political parties. I’m not upset the coalition won the election. I’m upset with bad policies from both sides of politics and the spin that you clearly believe. Yes we are in debt and yes it needs to be managed better, but all the economists say Australia is still going perfectly ok.

Stop being a blind liberal/labor following zombie and realise neither party has offered anything of substance at the last election. even good policies get lost due to people parroting the party line. NBN is an example of this. The labor NBN model is technically the best, over 50% of coalition voters supported it, yet coalition supporters sprout the unaffordable line while spending nearly as much to give the impression of saving money. Yet spending money on other unaffordable things like parental leave is perfectly ok and isn’t a waste of money.

Its really sad to see numpties like you and all the pro labor ones as well on here repeat the BS fed to you by the political parties, rather than looking for real solutions to fix the problems and not just superficial rubbish to get reelected on.

I just have no time for people like yourself who repeat lines like look who won the election, or the boat people are all terrorists, We are in debt, but lets scare people to make them think the country is going down the gurgler. Meanwhile Labor goes on about job losses to public servants, many of which are overpaid and have work conditions far in excess to everyone else.

I feel sorry for all the blind political supporters thats for sure and those of us in the middle who are truly the intelligent ones just have to vote for who is going to do the least damage rather than who is actually convincing us to vote. So yes the Coalition got voted in and they will get voted out too if they don’t come up with any solutions.

watto23 said :

Nylex_Clock said :

How could anybody be a Liberal Party member or supporter and not be hanging their heads in shame it this disgusting attempt at legislation>

As Penny Wong says,
“In summary, this bill delivers a $3.3 billion tax break to mining companies; it cuts benefits to families by $5.6 billion over four years; it cuts superannuation entitlements and hikes superannuation taxes by $4.3 billion; it hikes the tax take on small business by $3.7 billion; and it cuts regional investment by $2.7 billion. What we have before the chamber is $16.3 billion in unfair, economically damaging tax hikes and spending cuts.”

The cuts to the low income superannuation bonus where the government matches the $500 (used to be $1500) of extra savings into super is what amazes me. Surely if a person on a low income can save some extra money and put it into their super, that any scheme helping and adding to that is far better than letting them just retire onto the pension.

Money should be aimed at people bettering their lives, but I get the impression that might be too extreme for conservative voters who don’t want those below them on the social ladder making too much money and climbing said ladder.

HECS in itself is a great idea and more programs like that, where the money is repaid should be introduced. How about medical contribution scheme. If you need surgery, a person without insurance has to sit in the queue. How about giving them the option to take out a HECS style loan to pay for the surgery in private and then pay that back through higher tax deductions based on income. Of course there would be limits based on ability to pay it back, but it would certainly help the waiting lists.

I call it incentive based welfare.

Just to remind you all that there was a Federal election last year and the conservative parties were able to form a majority government in th lower house. The Senate outcome from 1/7/14 is yet to be determined.
Did it occur to you that the policies you are complaining about are those preferred by the majority of Australians who believe the country is already overcommitted to repaying debt due to Labor being unable to control expenditure?

Nylex_Clock said :

How could anybody be a Liberal Party member or supporter and not be hanging their heads in shame it this disgusting attempt at legislation>

As Penny Wong says,
“In summary, this bill delivers a $3.3 billion tax break to mining companies; it cuts benefits to families by $5.6 billion over four years; it cuts superannuation entitlements and hikes superannuation taxes by $4.3 billion; it hikes the tax take on small business by $3.7 billion; and it cuts regional investment by $2.7 billion. What we have before the chamber is $16.3 billion in unfair, economically damaging tax hikes and spending cuts.”

The cuts to the low income superannuation bonus where the government matches the $500 (used to be $1500) of extra savings into super is what amazes me. Surely if a person on a low income can save some extra money and put it into their super, that any scheme helping and adding to that is far better than letting them just retire onto the pension.

Money should be aimed at people bettering their lives, but I get the impression that might be too extreme for conservative voters who don’t want those below them on the social ladder making too much money and climbing said ladder.

HECS in itself is a great idea and more programs like that, where the money is repaid should be introduced. How about medical contribution scheme. If you need surgery, a person without insurance has to sit in the queue. How about giving them the option to take out a HECS style loan to pay for the surgery in private and then pay that back through higher tax deductions based on income. Of course there would be limits based on ability to pay it back, but it would certainly help the waiting lists.

I call it incentive based welfare.