Good and bad debt - Morrison!

Discussion in 'Australia, NZ, Pacific' started by m2catter, Apr 27, 2017.

  1. m2catter

    m2catter Well-Known Member

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  2. truthvigilante

    truthvigilante Well-Known Member Past Donor

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    Well, the reality is that there is good and bad debt! We said it when labor were in power and wanted to fund infrastructure, so I'd agree with Morrison. Where it becomes an issue is when the conservatives damnnnn everything the opposition does but do the same thing, and then sell it as something different, like this!

    Certain welfare isn't necessarily bad either, both corporate and social. The difference in my mind between social and corporate welfare is that social welfare is spent locally and supporting local and small business and work its way around. Corporate welfare is more than likely to go overseas or locked away in some Swiss account, maybe buying a Porsche, Merc, Lamborghini or Ferrari, none of which supports the local economy.

    Close the loopholes and the corporate abuse and greed firstly and foremost!
     
    LeftRightLeft likes this.

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