Debts skyrocketing under LIBS

Discussion in 'Australia, NZ, Pacific' started by m2catter, Feb 3, 2015.

  1. m2catter

    m2catter Well-Known Member

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    Remember the saying, what goes around, comes around?

    Despite their big mouth, debts under LIBS have even become worse than under the previous government, that is Labor.

    http://www.msn.com/en-au/news/other...ebt’-the-coalition’s-is-much-worse/ar-AA8UZfr

    The most negative government, unsuccessful to turn our finances around, successful however in boosting expenditure for our army, has to resign.
    They are unable or unwilling to tax the wealthiest of this country a bit more, they are unwilling to close the loop holes for big companies in avoiding paying their fare share in taxes.

    They have to go......

    Regards
     
  2. DominorVobis

    DominorVobis Banned at Members Request

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    Do you want a conservative (LNP) response to this, or would you prefer the liberal (ALP) response. The best response would be the truth.

    LNP response. Labour/Greens/Unions left us with a country in chaos, we had to get out of it. I... sorry we had a plan, "Our Plan", our secret plan, we had to reduce the debt, we had to build new infrastructure so our private sector could create more jobs. WE are giving you the infrastructure, but cannot get the savings through a rouge senate. It's not our fault, it's yours, you voted them in.

    ALP response. You voted in a liar, vote us in next time.

    The truth. Let's take your car, it's on finance, it needs a new gearbox, you have limited funds. Do you pay off the debt on the car, then you cannot afford to fix the gearbox, you cannot use your car. You sell the car, but don't get much for it, it has a broken gearbox, now you need to buy a new car, you take out a bigger loan. ... or ... You fix the gearbox, keep paying the car off, then when things are better, you pay off the loan. Then you save up for a new car.
     
  3. DaS Energy

    DaS Energy New Member

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    Abbott is the band leader and bull(*)(*)(*)(*) is all the band can play, bull(*)(*)(*)(*) and they play it night and day!
     
  4. Casper

    Casper Banned at Members Request Past Donor

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    So what is the difference between the previous administrations and the current administration, believe I heard something about a Major Down Turn in the economy almost to Depression lows, mystery solved but not to worry, the ranting will continue as usual.
     
  5. culldav

    culldav Well-Known Member

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    There is none. Just different clowns in the same circus dancing to the same song, but the idiots in our country have not woken up to it yet.
     
  6. Casper

    Casper Banned at Members Request Past Donor

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    OK, on that I cannot argue, while Rome burns the Games continue and keep the rabble occupied, as planned.
    Oh, good to see someone is awake with their eyes open.
     
  7. m2catter

    m2catter Well-Known Member

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    In terms of debt, no big difference really.

    The problem for LABOR was that they did forecast a surplus, despite falling commodity prices and lesser demand for our iron ore, while the LIBERALS promised not to raise the taxes (any taxes that is), despite further weakening and further falling commodity prices of that particular industry.

    I think Labor knew that they couldn't achieve a surplus in a given time frame, and all the Liberals wanted to be was being elected.

    Both parties lied to us, however I regard the situation under the current government as worse, as they haven't got a plan where to steer the ship long term.

    A good captain must look far into the future, I believe, and that is not what the Abbott government is doing. Mr. Abbott will be remembered as Mr. Quick Fix.

    All liars....

    Regards
     
  8. truthvigilante

    truthvigilante Well-Known Member Past Donor

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    Sorry, I love saying it over and over again. These guys are simply self proclaimed consummate economic managers. We all said, or those that had the capacity to see through the propaganda to the facts, that these bunch of self absorbed lunatics leading the coalition at the moment were no more economic mangers than a checkout person down at the local shopping centre. I'll keep saying it: " they dug the hole of expectation that deep using deception that their lies are being exposed. It was bound to happen.

    It's time they eased up on each other over this debt crap so that one or the other can make confident decisions without looking like hypocritical, incompetent fools. The only question we as Australian people should have is how they are spending it and taking the next best opportunity to pay it down, which doesn't look to be around the corner at this stage. Any debt is best spent on infrastructure that will generate wealth and pay for itself. Fibre to the Node NBN and school funding comes to mind!
     
  9. axialturban

    axialturban Well-Known Member

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    It was always going to continue to climb, that was the problem!!! The rate of debt growth was accelerating so fast due to the ALP mismanagent that anyone with more then one brain cell understood the ALP had to get voted out. The analogy I've used before is you cannot stop accelerating a freighter towards full speed on the spot, all you can do is stop the rate of acceleration and then ensure controlled the deceleration of debt accumulation. I see the article in the OP is from Crikey, well the garbage from that place is so left it might as well be funded by the ALP. To use the ALP mess to lambast the LNP for not doing the impossible is a bit screwif, but I guess you just read the ALP propoganda and run with it...?
     
  10. FreshAir

    FreshAir Well-Known Member Past Donor

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    it's not cheap cleaning up republicans mess, especially when republicans still have enough control to hamper the process

    couple that with the last tax revenue from the Bush economy... two ten plus year wars..... debt goes up

    republican logic : we can help the economy by killing hundred of thousands of gov jobs, taking money out of the economy and giving big tax cuts to the rich.....

    .
     
  11. truthvigilante

    truthvigilante Well-Known Member Past Donor

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    Why can't the debt be slowed? Lay it out for us. Tones and Hocks, put this big ship on full throttle by the sounds of it as soon as they wrestled the wheel away!
     
  12. m2catter

    m2catter Well-Known Member

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    Hmmm,
    it is all out there, the debts are increasing faster under the LIBS than under LABOR, and you still blame it on Labor....
    Poor you, regards
     
  13. axialturban

    axialturban Well-Known Member

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    They tried, and were succedding. I posted the figures recently here somewhere, but the mess was such that the recent drop in resource prices has impacted projections for tax revenue which has created a little gap for lefty columnists to write stupid BS like the linked article in the OP.
     
  14. truthvigilante

    truthvigilante Well-Known Member Past Donor

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    Obviously got nothing but your own uninspiring righties rhetoric. The ship is full steam ahead......captain abbott said after he was elected, "now we shifted the blame to labor, let's go on a spending spree my corpulent comrade. We will keep telling people it's labor's fault so keep that throttle full tilt squire, we'll get a knighthood out of this sooner or later! (People just aren't that stupid to keep believing his propaganda!)

    Let it go axial and just admit he is a lying fool who is making an idiot out of his rusted on subservient followers!
     
  15. axialturban

    axialturban Well-Known Member

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    I don't know what your talking about, I don't follow either party.... I develop my own opinions. It just so happens you lefties are so wrapped up in your own propoganda that all you now see if anyone who disagrees with you is a binary reflection of yourselfs. Its pathetic guys. Obviously if I'm disagreeing with you lefties then its going to align with the right most of the time LOL. I know its too much to take in when you've been brainwashed so much, but keep trying - you'll be better for it, else you'll just end up close minded and angry.
     
  16. truthvigilante

    truthvigilante Well-Known Member Past Donor

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    The proof is in the pudding buddy. All us "so called lefties", which is quite okay by me, I'll go with it, I've been called much worse lol, admit when labor figures get it wrong or are unhappy by certain decisions. However, people like you who pretend to sit on the fence but for the life of me protect absolutely everything from the conservative side of politics only fool yourself. We know you are a righty to the core, it can't get anymore evident.

    Anyway, as usual you move away from the topic into non related attacks of conjecture. It's a clear sign that you have nothing, zip, zilch!
     
  17. axialturban

    axialturban Well-Known Member

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  18. truthvigilante

    truthvigilante Well-Known Member Past Donor

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    Now he is moving further away from the topic and wanting to win the "I said, you said" battle. I brought it back to the discussion at hand, but you went on your little tangent pretending you are not a rusted on righty, without any reference to the topic of discussion. Just providing further proof you still have nothing but uninspiring rightist rhetoric!

    - - - Updated - - -

    Now he is moving further away from the topic and wanting to win the "I said, you said" battle. I brought it back to the discussion at hand, but you went on your little tangent pretending you are not a rusted on righty, without any reference to the topic of discussion. Just providing further proof you still have nothing but uninspiring rightist rhetoric!
     
  19. axialturban

    axialturban Well-Known Member

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    Your use of the word 'he' is noted... maybe some of your lefty friends will chime in on it as some form of exclusion perhaps... like closing your eyes and pretending something isnt there? But seriously, you can read the thread, I already showed it was 'you' who were the first to drop the topic and get personal. If you go there, which you did, then I have the right to reply. Then you turn around and blame me for it, and keep repeating yourself like a tantrum. Seriously!? Your not fooling anyone, except perhaps fools - so why try to appeal to them!?
     
  20. truthvigilante

    truthvigilante Well-Known Member Past Donor

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    I threw it out there as part of my overall discussion and stated: "his rusted on subservient followers"! I don't think I said "you". I suppose you saw the hat and thought...."gee, that's mine"! " I can't continue on this topic, because I have nothing, so I better do the next best thing and protect my deepest most inner secret....."being a rusted on subservient follower of King Tony!

    Hey, you can go off on a little tangent but please stick to the topic at the same time......oh, that's right, you have nothing!
     
  21. axialturban

    axialturban Well-Known Member

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    You dont think you said me!!! Seriously? You quoted me, you used 'axial' an abbreviation of my name, and you don't think it was related to me and I imagined it? LOL, if your going to drink and post at least share it around
    :alcoholic:
    I'll post it for a 2nd time http://www.politicalforum.com/showthread.php?t=394657&p=1064711539#post1064711539
    If you dont want someone to reply defensively, then dont attack them.Your just trolling now TV with this nonsense talk and repeated falsely attributed blame onto me.

    To get back on topic, redo your reply anew (the one where you started the personal attacks) if you like; my point was the falling resource prices have slashed revenue forecast which has allowed the lefty columnists to run such incorrect stories to feed the online muppetts, and that debt had been slowing under the LNP. Actually if I recall correctly it had started to slow under the ALP as well.
     
  22. FreshAir

    FreshAir Well-Known Member Past Donor

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    we had to bail ourselves out of the failing Bush economy

    that means less taxible income and much expense, plus two ten year wars and the Bush tax cuts for the Rich Bush left us

    yeah, that don't come cheap

    name the to 5 most expensive things Obama impairmented and the costs, does it even come close to the debt, no

    the majority of debt is from existing plans and wars and the recovery...

    .
     
  23. truthvigilante

    truthvigilante Well-Known Member Past Donor

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    Lol....you just can't get off this little side topic can you. Stop taking things so seriously and personally.

    As for your last paragraph, you've stated the same "excuse" labor figures used! Now ain't that a coincidence! However, Tones and Hocks said that they would turn it around. Guess what, as soon as they got their filthy hands on the wheel they raised the debt cap and not long after it, got rid of it completely! They're ripping the guts out of those big engines, but unlike those righties who believe whatever rhetoric and propaganda that sounds nice to their conservative ears, those big engines have a lot of life in em yet. I'm not concerned about the debt, like tones, hocks and rupes wanted everyone to be, I'm more worried about how he is spending it while things are tough. Labor shoved it straight into infrastructure but old tones and hocks simply want to spend it to win votes, ones that have back fired on em.

    Tones and hocks know how to use the throttle but they bloody have no idea how to steer it! The big ship that is...lol
     
  24. forestntrees

    forestntrees New Member Past Donor

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    Who do you think should take their place.
    Duopoly in politics are no longer working in the peoples interest around the developed world.
     

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