Record debts under Liberals/Nationals, soon to hit 500 billion !!!

Discussion in 'Australia, NZ, Pacific' started by m2catter, Jan 30, 2017.

  1. m2catter

    m2catter Well-Known Member

    Joined:
    Mar 13, 2011
    Messages:
    3,084
    Likes Received:
    654
    Trophy Points:
    113
    hmmm,
    I almost feel like in Russia, China, Turkey and soon US.
    Can't really say what we want, can we?

    By the way, to stay on the subject,
    the Liberals/Nationals have accumulated the same debt as Labor, but in only half the time. What a great result.....
    Cheers
     
  2. LeftRightLeft

    LeftRightLeft Well-Known Member

    Joined:
    Oct 15, 2015
    Messages:
    2,376
    Likes Received:
    1,536
    Trophy Points:
    113
    But it's Labor's fault of course
     
  3. truthvigilante

    truthvigilante Well-Known Member Past Donor

    Joined:
    May 30, 2012
    Messages:
    4,159
    Likes Received:
    290
    Trophy Points:
    83
    Well the Liberals are planning on slowing down debt....... by accelerating it into recession!
     
  4. LeftRightLeft

    LeftRightLeft Well-Known Member

    Joined:
    Oct 15, 2015
    Messages:
    2,376
    Likes Received:
    1,536
    Trophy Points:
    113
    That's right, the engine is about to blow, the pressure relief valves are screaming, the rivets are popping out, the flames are lapping out the furnace door, there is a nasty bend in the track, and what are they doing?

    Shoveling in the coal. Literally
     
  5. truthvigilante

    truthvigilante Well-Known Member Past Donor

    Joined:
    May 30, 2012
    Messages:
    4,159
    Likes Received:
    290
    Trophy Points:
    83
    And AT is tightly strapped in, gripping the seats in front of him, sweating profusely while calmly but nervously repeating....it's labor's fault, it's Labors fault, it's Labors fault........
     
  6. LeftRightLeft

    LeftRightLeft Well-Known Member

    Joined:
    Oct 15, 2015
    Messages:
    2,376
    Likes Received:
    1,536
    Trophy Points:
    113
    LMAO yes and he is not alone, the thing is, the engine is in reverse, it's just like Trump wants to do, put everything into reverse. They came to a switch point, the decision was two tunnels, so instead of analysing the situation and taking the right direction they are whacking it into reverse, back to the "Good old days", well them days are long gone.
     
  7. axialturban

    axialturban Well-Known Member

    Joined:
    Jul 17, 2011
    Messages:
    2,884
    Likes Received:
    35
    Trophy Points:
    48
    Errrr pretty much. How could you argue otherwise. The ALP committed us to many years of wasteful expenditure to the extent they had to raid agency operating budgets to fudge the budget numbers to cover up the mess. Your sardonic tone is more aptly a representation of your feelings about your own preferred parties - which is no wonder because it is coming from you fella's - just that you wrap it up as the Libs fault to avoid the truth for the sole reason it contradicts your political bias. It's nothing new the lefties are full of bulldust, but carry on the circle jerk by all means, your missing the mark entirely.

    If you want to mount an actual argument for your misplaced anger then you'd have to learn some new critical thinking skills and develop things called honesty and fairness. A long shot for lefties, but the rest of the country holds out hope for yaz nonetheless....

    - - - Updated - - -

    Like what?
     
  8. LeftRightLeft

    LeftRightLeft Well-Known Member

    Joined:
    Oct 15, 2015
    Messages:
    2,376
    Likes Received:
    1,536
    Trophy Points:
    113
    :worship: :roll: :bored: ooo sardonic he is pulling using both barrels
     
  9. LeftRightLeft

    LeftRightLeft Well-Known Member

    Joined:
    Oct 15, 2015
    Messages:
    2,376
    Likes Received:
    1,536
    Trophy Points:
    113
    Like what what?
     
  10. axialturban

    axialturban Well-Known Member

    Joined:
    Jul 17, 2011
    Messages:
    2,884
    Likes Received:
    35
    Trophy Points:
    48
    Look at you, all finger pointing. I guess its a step up from finger painting. Can you paint sardonic for me?

    - - - Updated - - -

    I quoted the relevant piece.
     
  11. LeftRightLeft

    LeftRightLeft Well-Known Member

    Joined:
    Oct 15, 2015
    Messages:
    2,376
    Likes Received:
    1,536
    Trophy Points:
    113
    Well you know what old chum, we have NO IDEA what the COALITION would have done when the CAPITALISTS crashed the global financial system through GREED, but based on what they (Coalition) did to fix our debt, I say we are very very lucky that Labor was in during the GFC, IMHO
     
  12. LeftRightLeft

    LeftRightLeft Well-Known Member

    Joined:
    Oct 15, 2015
    Messages:
    2,376
    Likes Received:
    1,536
    Trophy Points:
    113
    And my Honest Opinion, is a lot more "thought through" and "unbiased" than yours, IMHO
     
  13. axialturban

    axialturban Well-Known Member

    Joined:
    Jul 17, 2011
    Messages:
    2,884
    Likes Received:
    35
    Trophy Points:
    48
    Haha, in your honest opinion your opinion is more honest, no doubt.
     
  14. LeftRightLeft

    LeftRightLeft Well-Known Member

    Joined:
    Oct 15, 2015
    Messages:
    2,376
    Likes Received:
    1,536
    Trophy Points:
    113
    Your words not mine, no I believe you honestly believe what you say, see again, twist, twist, twist.

    I did not say "more honest" I said "more "thought through" and "unbiased"."
     
  15. truthvigilante

    truthvigilante Well-Known Member Past Donor

    Joined:
    May 30, 2012
    Messages:
    4,159
    Likes Received:
    290
    Trophy Points:
    83
    Nope, come into this with only one thought and that is who is genuinely the better economic managers. You know in your heart of hearts Labors proficient dealings surrounding the GFC. You can argue until the cows come home a different fairytale. This is old ground but needs repeating.....yes, they saved our asssss! Yes they saved yours. Tony and cronies said that they would bring spending under control but the first thing the bumbling baboon did was raise the debt ceiling by double what the then current deficit was. Tony has just about back tracked on all his opposition to labor policy and fiscal management. We tried to tell you it was a silly and dangerous game he was playing. Yeah, thanks for destroying Australia's renewable energy industry in one foul swoop and thanks for making innovation and technology a 4th rate system. The longer the Libs are in government the sooner we will become a backwater in terms of international western standards. (Tony Abbott says a true conservative wants slow change......why...lol! This statement says it all about where Australia is heading under these nincompoops!
     
  16. truthvigilante

    truthvigilante Well-Known Member Past Donor

    Joined:
    May 30, 2012
    Messages:
    4,159
    Likes Received:
    290
    Trophy Points:
    83
    They would have done what every other conservative did, which was essentially drag their countries into deep recession. America still hasn't recovered due to that one event, which came after nearly 8 years of conservative government. More fools they are for electing the clown they have as leader but the party who destroyed the once proud nation.
     
  17. LeftRightLeft

    LeftRightLeft Well-Known Member

    Joined:
    Oct 15, 2015
    Messages:
    2,376
    Likes Received:
    1,536
    Trophy Points:
    113
    Exactly, God help us if the conservatives had been in, as it was we came out fairly unscathed. The stimulus package was a brilliant idea. Yes Australia was in good shape after the mining boom which coincidentally occurred during the Howard Government primarily. The stimulus package did more than stimulate the economy when other economies were lagging or failing. It instilled confidence in the nation, things can't be that bad. They were, during the depression the banks were locking their doors, there was no money. At this point in time, we also have no money, we haven;t for a long time. It's all tied up in investments, houses, land. If we all tried to get our money at the same time it would be catastrophic, it's what happens when there is a financial crisis. If we all thought, wow, the countries, no the worlds in deep financial manure, lets go and take out our money, put it under our mattresses, then we would have had problems. NO I am sure the conservatives would have had a plan, and in hindsight I am sure they are willing to tell us what it "was"
     
  18. truthvigilante

    truthvigilante Well-Known Member Past Donor

    Joined:
    May 30, 2012
    Messages:
    4,159
    Likes Received:
    290
    Trophy Points:
    83
    Conservative attitudes are spend and waste big(as was the case with Howard) and strangle the economy in tough financial times through austerity(exactly what Abbott and AT had in mind). It's just a bit of conservative envy and saving face exercise to say that the stimulus was anything but great for economic confidence. The nation should be forever greatful for that massive contribution. Australians were ungrateful for renewable energy and a first rate internet connection and voted in the whinging whining pretenders who are just out to look pretty rather than competent. The coalition are a farce. The polls are massively against these clowns but strangely it has taken the Australian people a couple of terms of govenment to realise this.....I fear it may be too late to turn around the repercussions of the coalitions slothful loathing!
     
  19. LeftRightLeft

    LeftRightLeft Well-Known Member

    Joined:
    Oct 15, 2015
    Messages:
    2,376
    Likes Received:
    1,536
    Trophy Points:
    113
    It's never too late, just more difficult.
     
  20. truthvigilante

    truthvigilante Well-Known Member Past Donor

    Joined:
    May 30, 2012
    Messages:
    4,159
    Likes Received:
    290
    Trophy Points:
    83
    Gotta add a little drama for effect :).
     

Share This Page