Debt and Deficit - Coalition Budget Emergency

[bombersfan4000]

What is the problem with debt (I bet you can't give a coherent, economical, valid reason)?

Is that your way of attempting to understand and sound intelligent

 

[JackOutback]

Labor were in power towards the end of an economic boom! The LNP have been in power during an economic recession! Add in inflation and there you have the differences in the debt
Labor didn’t spent or plan much for infrastructure either

Welfare for all policies! Oh yeah then let’s shut down industry along with it & new ones will magically pop up!
Renewable schemes that cause this current power shortage

Bahaha
Lefty loon

Labor did come into power at the tail end of an economic boom. Care to remember what happened shortly after they took power?

 

[Baltimore Jack]

Is that your way of attempting to understand and sound intelligent

No its my way of showing you have no comprehension of anything above a third grade education

 

[sherb]

Is that your way of attempting to understand and sound intelligent

Says the person who asks a question without using a question mark.

 

[Jpw22511]

Labor were in power towards the end of an economic boom! The LNP have been in power during an economic recession! Add in inflation and there you have the differences in the debt
Labor didn’t spent or plan much for infrastructure either

Welfare for all policies! Oh yeah then let’s shut down industry along with it & new ones will magically pop up!
Renewable schemes that cause this current power shortage

Bahaha
Lefty loon

Lay off the bong.

 

[bombersfan4000]

Labor did come into power at the tail end of an economic boom. Care to remember what happened shortly after they took power?

we ended up with a 300 billion dollar debt & a circus in parliament, featuring Rudd, Gillard & The Greens

 

[Number37]

we ended up with a 300 billion dollar debt & a circus in parliament, featuring Rudd, Gillard & The Greens

That never happened, get your hand off it.

 

[bombersfan4000]

Lay off the bong.

You’d be hard pressed to find anyone, Liberal voter or not, who’d think your defeat of John Howard was anything other than a backward step for Australia. You inherited 50 billion in the bank. No net debt. And surplus budgets as far as the eye could see.

When you were turfed out of office in 2013 debt had ballooned to almost 300 billion. And that surplus you promised, year after year after year never turned up. An economic conservative? Give me a break!

But wait, there’s more. You panicked in the GFC and you sent $900 stimulus cheques to everyone, including overseas backpackers and dead people. You spent two billion dollars putting “free” insulation in rooves around the country, only for it to catch fire, burn down homes and tragically caused the deaths of four young men. And then you wasted another two billion dollars taking it out. You spent 16 billion on school halls, not teachers, not better education standards. Just overpriced new buildings so you and your MPs could run along an open them while our education results slipped below Kazakhstan.

You whacked Australia with a 20% renewables target which has set up the energy crisis we’re grappling with even today. There was cash for clunkers, there was fuel watch, there was grocery watch. There was your joke that was the 20/20 summit. There was your joke that was your treasurer, Wayne Swan. And above all, beyond a doubt, no one will ever forget 50 thousand illegal arrivals, almost one thousand boats, and at least one thousand men, women, and children, and that’s all and only what we know about, drowned at sea.

Quite frankly, Kevin Rudd, I could be here all night.
http://caldronpool.com/peta-credlin-destroys-kevin-rudd/
a funny little video as well about Krudd

thats only the beginning

 

[JackOutback]

Are young Liberals getting younger, because this looks like the kind of analysis my five-year-old could tear apart.

 

[Kram]

That insulation scheme was good idea executed horribly.

 

[Jpw22511]

You’d be hard pressed to find anyone, Liberal voter or not, who’d think your defeat of John Howard was anything other than a backward step for Australia. You inherited 50 billion in the bank. No net debt. And surplus budgets as far as the eye could see.

When you were turfed out of office in 2013 debt had ballooned to almost 300 billion. And that surplus you promised, year after year after year never turned up. An economic conservative? Give me a break!

But wait, there’s more. You panicked in the GFC and you sent $900 stimulus cheques to everyone, including overseas backpackers and dead people. You spent two billion dollars putting “free” insulation in rooves around the country, only for it to catch fire, burn down homes and tragically caused the deaths of four young men. And then you wasted another two billion dollars taking it out. You spent 16 billion on school halls, not teachers, not better education standards. Just overpriced new buildings so you and your MPs could run along an open them while our education results slipped below Kazakhstan.

You whacked Australia with a 20% renewables target which has set up the energy crisis we’re grappling with even today. There was cash for clunkers, there was fuel watch, there was grocery watch. There was your joke that was the 20/20 summit. There was your joke that was your treasurer, Wayne Swan. And above all, beyond a doubt, no one will ever forget 50 thousand illegal arrivals, almost one thousand boats, and at least one thousand men, women, and children, and that’s all and only what we know about, drowned at sea.

Quite frankly, Kevin Rudd, I could be here all night.
http://caldronpool.com/peta-credlin-destroys-kevin-rudd/
a funny little video as well about Krudd

thats only the beginning

Ahh you silly campaigner you have no idea who I voted for... I’m not defending Rudd in anyway but, labor stopped the GFC hitting this country. Deny it all you want but the LNP Is not helping the farmers at all, all they do is point fingers. They ****ed the NBN they ****ed NDS Turnbull is confirmed working for rotchild he is on civil duty break from that bank . So please * off you libtard dumb campaigner. Mods ban me of you want but I’m talking the truth.

 

[pugsville]

You’d be hard pressed to find anyone, Liberal voter or not, who’d think your defeat of John Howard was anything other than a backward step for Australia. You inherited 50 billion in the bank. No net debt. And surplus budgets as far as the eye could see.

When you were turfed out of office in 2013 debt had ballooned to almost 300 billion. And that surplus you promised, year after year after year never turned up. An economic conservative? Give me a break!

But wait, there’s more. You panicked in the GFC and you sent $900 stimulus cheques to everyone, including overseas backpackers and dead people. You spent two billion dollars putting “free” insulation in rooves around the country, only for it to catch fire, burn down homes and tragically caused the deaths of four young men. And then you wasted another two billion dollars taking it out. You spent 16 billion on school halls, not teachers, not better education standards. Just overpriced new buildings so you and your MPs could run along an open them while our education results slipped below Kazakhstan.

You whacked Australia with a 20% renewables target which has set up the energy crisis we’re grappling with even today. There was cash for clunkers, there was fuel watch, there was grocery watch. There was your joke that was the 20/20 summit. There was your joke that was your treasurer, Wayne Swan. And above all, beyond a doubt, no one will ever forget 50 thousand illegal arrivals, almost one thousand boats, and at least one thousand men, women, and children, and that’s all and only what we know about, drowned at sea.

Quite frankly, Kevin Rudd, I could be here all night.
http://caldronpool.com/peta-credlin-destroys-kevin-rudd/
a funny little video as well about Krudd

thats only the beginning

And where is your financial conservation when this budget comes down, a reckless, un costed, massive give away that relies on Heroic forecasts.

This government has racked vast debt after promising not too. And rteh moment there was some economic good news , is all set to mortgage australia future for generations because it's desperate to be popular and itt's polcies are windswept desert of nothingness.

Kevin Rudd was an evil robot. an evil plastic robot.

 

[Showbags]

The IMF found that there were two years of fiscal profligacy in the last 30 years. Both were under the Howard Government.

The last 5 years of Coalition Government should have exploded the myth that the Coalition are better on the deficit/debt.

 

[nylexbandit]

All good. Debt to gdp is now an acceptable ratio to frydenberg

 

[Hawk Dork]

Where's Barnarby when you need him ?

 

[Gough]

Where's Barnarby when you need him ?

The attack dogs are conspicuous by their absence.

 

[Bleeeeeeeeep]

What austerity measures will be taken in the future?

 

[Gough]

What austerity measures will be taken in the future?

Franking credit and negative gearing revenue would be handy right now.

 

[Kram]

Franking credit and negative gearing revenue would be handy right now.

Shorten and Bowen have a lot to answer for after dropping the ball in the last quarter.

 

[Messenger]

I’d say the GST base will be broadened and increase.

could be the best $130B the government ever spent.

 

[nylexbandit]

I’d say the GST base will be broadened and increase.

could be the best $130B the government ever spent.

No doubt at all and the sheep will lap it up

 

[QuietB]

Franking credit and negative gearing revenue would be handy right now.

Not sure there will be many franking credits this year. Might help smooth the transition

 

[Pessimistic]

I’d say the GST base will be broadened and increase.

could be the best $130B the government ever spent.

gst floats just below the surface of the liberal psyche like those parts of the ocean teeming in trash

funny thing is it first started out as a socialist policy

 

[nylexbandit]

gst floats just below the surface of the liberal psyche like those parts of the ocean teeming in trash

funny thing is it first started out as a socialist policy

It’s theoretically a great tax if used to then distribute back to the lower socioeconomic people, rather than used as a slush fund. In this case we’ll be at 15%, broader base and no additional services or welfare to speak of

 

[Power Raid]

Franking credit and negative gearing revenue would be handy right now.

if you're old enough to remember the 80s, you'll know the government will never get the franking credits

Preference shares anyone? no tax paid, therefor no franking credit or franking credit theft as you call for