dinsdale said...

Hmmmmm. Kinda speaks for itself, doesn't it.

Yeah it does.

It shows that in that time the Libs introduced the GST took us closer towards demolishing Unionism, enterprise bargaining, reduced spending on public health care, reducing spending on education and generally widening the gap between the haves and the have nots.

The Labour party has swung it the other way.

The question is what would you prefer, a country in deficit that spent the money to avoid recession during the GFC or a country out of work with a budget in surplus?


How you answer that question probably reflects your own personal situation.


Personally as a swinging voter aka Capitalist Socialist I'd prefer to see some balance between the two and just balance the books, I don't care about a surplus, I'd prefer the money was spent on making my country a better place.

dinsdale said...

Hmmmmm. Kinda speaks for itself, doesn't it.

Yes it does, dinsdale. Yes it does.

SomeOtherGuy said...

dinsdale said...

Hmmmmm. Kinda speaks for itself, doesn't it.

Yes it does, dinsdale. Yes it does.

Relese the hounds?

doggie said...

SomeOtherGuy said...

dinsdale said...

Hmmmmm. Kinda speaks for itself, doesn't it.

Yes it does, dinsdale. Yes it does.

Relese the hounds?

No, I think not.

Smithers! Release the flesh eating bat monkeys!!

I'm always a bit suspicious when someone shows me a graph with rather select information and unusual axis. 2 Labour governments and 1 Lib government? What about the previous Lib government? (I genuinely don't know to be honest, but that graph has 'biased' written all over it)
What are the black bits showing?

I don't like the Liberals or Labour, but in the interest of fairness it's interesting to see a comparison of Australia with other countries



source http://www.australiandebtmeter.com/2009/10/a-history-of-public-debt-in-australia-my-first-assignment/

Hey Laurie, what happened to that facepalm emoticon?

Politics, politics, politics...

CMC said...




Personally as a swinging voter

i think brian gryphon said it best on Family guy when said that, "...undecided voters are the biggest idoits on the planet....


...911 was bad!

It's funny because you can reduce debt by selling everything and slashing investment and at the same time increase the Debt to GDP ratio, like Howard and co. did. Circa 2004 it was far higher in Australia than any other industrialised country except the US. Now it is far lower.

There's cash and there's cash flow. It's not as simple as plus or minus.

An analogy. Last year you owed $200K on your mortgage. You just received a $50K raise at work. Are you better off now or not? You still owe exactly the same.

dinsdale said...

cisco said...

Hmmmmm. Kinda speaks for itself, doesn't it.

Debt goes down when you sell everything?

doggie said...

SomeOtherGuy said...

dinsdale said...

Hmmmmm. Kinda speaks for itself, doesn't it.

Yes it does, dinsdale. Yes it does.

I was doing ok when Howard was in, now not so well and nothing has really changed in my life.
I really cant stand Labor

yep, as a self employed carpenter/reg builder, things are always better when the liberals are in and its been downhill since labor got the top job. i guess i vote whats best for my livelihood.

does that make me a bad person.

whats of interest is a lot of traditional self employed tradesmens etc couldn't cop those work place agreements and turned on howard even thou it probably didnt directly affect themselfs

we need a 3rd major party

choco said...

we need a 3rd major party

I back you on that one big time
This mob in the current driver seat, are a bunch of fools and conmen/women.
The next lot are screaming blue murder about anything, but wont comitt as to what they can offer as an alternative. They get in, there is liitle hope to change the current situation due to balance of power in the senate not up for change for a furth 18 odd months. So its a trade, one bunch of fools and conmen/women for another bunch of fools and conmen/women

mineral1 said...

choco said...

we need a 3rd major party

....The next lot are screaming blue murder about anything, but wont comitt as to what they can offer as an alternative...

A few weeks ago Mr Abbott came to my work to talk (anti) carbon tax. During the meeting someone asked him about a particular policy and would he still implement it if he gets the top job. His answer was (and I quote), "Policy is as policy was, unless it gets changed."
Jeez, talk about committing to a plan. I've seen more committment from a one night stand!

CMC said...

dinsdale said...

Hmmmmm. Kinda speaks for itself, doesn't it.

Yeah it does.

It shows that in that time the Libs introduced the GST took us closer towards demolishing Unionism, enterprise bargaining, reduced spending on public health care, reducing spending on education and generally widening the gap between the haves and the have nots.

The Labour party has swung it the other way.

The question is what would you prefer, a country in deficit that spent the money to avoid recession during the GFC or a country out of work with a budget in surplus?


How you answer that question probably reflects your own personal situation.


Personally as a swinging voter aka Capitalist Socialist I'd prefer to see some balance between the two and just balance the books, I don't care about a surplus, I'd prefer the money was spent on making my country a better place.

Glad not everyone is dumb enough to fall for a nice simplistic (and colourful) bar graph CMC.


I'd like to see the corresponding spending in that time on schools etc that add to a positive future accross society. No doubt the chart would be brown.. coz under the libs it all went to sh!t.

gotta love those privately owned telcos and super lean funded state scools etc tho.. er.. maybe not.

CMC said...

dinsdale said...

Hmmmmm. Kinda speaks for itself, doesn't it.

Yeah it does.

It shows that in that time the Libs introduced the GST took us closer towards demolishing Unionism, enterprise bargaining, reduced spending on public health care, reducing spending on education and generally widening the gap between the haves and the have nots.

The Labour party has swung it the other way.

The question is what would you prefer, a country in deficit that spent the money to avoid recession during the GFC or a country out of work with a budget in surplus?


How you answer that question probably reflects your own personal situation.


Personally as a swinging voter aka Capitalist Socialist I'd prefer to see some balance between the two and just balance the books, I don't care about a surplus, I'd prefer the money was spent on making my country a better place.

well said CMC. The Liberals have always been concerned about looking after the big end of town. If Tony Abbott is ever our leader God help us! One Liberal i like though is Turnbull he makes sense.