Thread: Can`t Buy Her Love

Originally Posted by truthvigilante

I feelin ya, it's not good is it....lol

OK, so you`ve got nothing.

Originally Posted by truthvigilante

Rising wages exploded under Howard....lol.

AND? the problem is that it needs to be stopped. Howard is nolonger a player in this, So blaming them for the increased costs of current governments, would seem redundent. But hey, that should excuse the problem now shouldn't it? How about the figure of 20% loss of productivity, since 2008? We can blame Howard for that can't we?

Originally Posted by truthvigilante

The carbon price is too insignificant to mention and the mining tax:Economic modelling by the Treasury as well as independent modelling by KPMG have found that the mining tax would see the average worker gain about $450 a year, due to the flow-on results of cuts in company tax and tax breaks for small businesses. The overall cost of food would drop by 0.9%, clothing and footwear by 1.3%, housing by 1.1%, transportation by 1.7% and communication by 1.4%. The inflation rate would drop by 1.1% which would, in turn, ease the pressure on interest rates and finally, Australia’s gross domestic product (GDP) would rise by 0.7%.

And all this means that nothing will happen won't it? Problem is, that is now academic as it is happening. would you like to blame...oh, i don't know Fraser? or any liberal government? Shift the blame, because it does not sit well with the current situation.

Originally Posted by truthvigilante

How visionary do you want them to be. Any vision beats no vision any day!

LOL... I want them to be like Hark and Keating... Although, I do blame Keating for the recession we had to have, he turned it into a major positive for the Australian economy. But that is another story.

Originally Posted by truthvigilante

What did Howard do again? Oh, I see! The average unemployment rate over Howards term was 6.4%, which was during a very properous world economy.

LOL...average...LOL. No matter how bad you think he was, He handed Labor a 4.1% unemployment rate which has steadily increased since. NO amount of disparagment you can put to that, will change the truth.

Originally Posted by truthvigilante

Howard rode on the back of labor policy and action takin by the Keating government, and supported by a very properous international economy. The economy was 4 years into growth before Howard took over.

If you wish to compair Howard to Keating, then bring it. But you will not get much out of me.

Originally Posted by truthvigilante

What did he do again for nation building during his time in office......sweet f all, he was too busy lining the pockets of his big buddies and allowing the division between rich and poor grow to rediculous levels.

SO Howard did nothing, excuses the ALP? LOL

Originally Posted by truthvigilante

Minimal options for first home buyers these days, it is too out of reach, thanks to dare I say it........actually, don't have to, it is quite evident.

No less than under previous governments, so I guess you will have to blame them all for that.

Originally Posted by truthvigilante

The economy is great in comparison to the rest of the world, what more do you want in circumstances such as GFC. It's not rhetoric, it is fact.

For what reasons? I think this has been covered before.

Originally Posted by truthvigilante

You need to thank God that the independents, greens and half the population had the wisdom to ensure they stayed in government. Remember, it was conservative governments across the world whereby economies crashed substantially. You have to try harder garry, you are singing the tune of the wrong song buddy. It's paining the ears!

LOL... blindly following the ALP because... god I do not know why, is simply stupid. I wonder, what tune you would sing if their actions hurt you directly, BUT alas, you will simply disappear, in shame, should you find out your wrong.

Oh feel relief for YOUR belief of what would have happened during the GFC as much as you like. Little stupid really, worring about what you perceive could have been a problem while you ignore a real problem.

Hey Vig

Keating was the biggest labor prick that ever took the raines.

1. He thought of the GST
2. He floated our dollar
3. He sold our commonwealth bank
4. He destroyed the unions
5. He gave us a recession we had to have, i bet not many aussies have forgotten that they were paying between 19 to 22 percent interest, that M@ther f@rk@r.

And the list goes on what good did he do?

Originally Posted by axialturban

Luckily some of us remember how messed up the economy was back in Hawke/Keating's time, it was a complete trainwreck caused by that pair and no wonder it had a bit of growth towards the end because Hawke had left and business knew the Lib's would win the next election.

hahahaha......how laughable!! You'd be the only one to think so! It also rings so true the recession we had to have, it was laughed off back then, but the wisdom of keating and labor policy is now louded as the greatest tacticle response for the long term benefits of the Australian economy. You are deluded to think if the economy was so bad that it could be fixed in 4 years to prepare for a change of government.....lol. An improving international economy was also a factor and one in which the howard government had the pleasure of riding on, but failed to nation build with the over flow.

Its also a fact that it was purely because of Howard/Costello's financial management. What ALP fans know is that everyone understands our position is so (relatively) great now because of the Liberals, so they have to trumpet on endlessly to try and associate the ALP was somehow involved. When in reality the Liberal's stated position on the GFC at the time, in retrospect, would have been much better for Australia then how the ALP reacted. Shame so many people seem blind to the mess the ALP is making and now blaming it on the GFC.

What a rhetoric filled statement you've made here...."giggle". The liberals were offering austerity, but again, as has already been stated, it was conservative governments the world over who were in power when everything crashed. You don't have to be a economist to figure out why it correlates with their rule. The countries that were saved from the full brunt of the crash were non conservative governments.....gee, that's ironic!


It wasnt the people of Australia, it was the choice of a few independents who if they'd followed their own preferences would have actually won it for the Liberals. What happened is they ignored their voters wishes to make backroom deals (like only the ALP can) for power, glory and kickbacks such as NBN preferences etc.

Half the people obviously did vote for the labor government, it's a fact buddy. A liberal government would have been as illegetimate as this vision filled nation building labor government had the independents sided with them. They didn't, they were being real about australia's direction and labor's vision for the future. How fortunate we are to have had their wisdom to make the right choice. Labor have always made the big revolutionary decisions, such as floating of the dollar and superannuation. Labor floated the idea of a gst, but was taken on board as part of liberal policy. Liberals have done nothing for the building of our nation, absolutely zip. Wait up.....they have helped out the super rich, we can't discount that can we, we've got to be fair.

Originally Posted by dumbanddumber

Hey Vig

Keating was the biggest labor prick that ever took the raines.

1. He thought of the GST
2. He floated our dollar
3. He sold our commonwealth bank
4. He destroyed the unions
5. He gave us a recession we had to have, i bet not many aussies have forgotten that they were paying between 19 to 22 percent interest, that M@ther f@rk@r.

And the list goes on what good did he do?

howard as treasurer oversaw higher interests than hawke/keating, but the funny thing is, is that income contributions to mortagages were significantly lower then, even with the higher interest rates. Under the Howard government peoples income/mortagage ratio was significantly higher. Interests rates were seemingly low, but that was because debts were high due to inflationary house prices under his watch. Prices wouldn't have got to 18% under his government, anything over 10 would have been disatrous due to these inflated house prices thanks to the coalitions introduction of negative gearing and the like.

Originally Posted by truthvigilante

howard as treasurer oversaw higher interests than hawke/keating, but the funny thing is, is that income contributions to mortagages were significantly lower then, even with the higher interest rates. Under the Howard government peoples income/mortagage ratio was significantly higher. Interests rates were seemingly low, but that was because debts were high due to inflationary house prices under his watch. Prices wouldn't have got to 18% under his government, anything over 10 would have been disatrous due to these inflated house prices thanks to the coalitions introduction of negative gearing and the like.

Keating's interest rates where higher and for longer!

Originally Posted by dumbanddumber

Keating's interest rates where higher and for longer!

It actually lasted longer under howard as treasurer. Interest rates were actually quite high under howard as prime minister when you consider household debt. It was all a pyramid selling scheme under howard. Only those at the top were going to get rich, it couldn't have been any other way

what 21% under howard as treasurer - inflation peaked at 12.5%

19% under keating as treasure

7.9% under keating as prime minister - This was quite low when you consider income/mortgage percentages