gringo2011
Premium Platinum
Fear is the greatest motivator at election time. The right were quicker to adopt a stance where fear influenced the voters their way. USA, GB and Australia are all heavily influenced by right wing media who identify and amplify that fear message.
Think of the franking credit debacle here last election. A fear campaign that Labor were going to tax retirees was hugely successful despite assurances from Labor that most retirees would actually be better off under them. The right get back in and royally screw the retirees via several pathways, and they're told "but at least we didn't impose a retiree tax". The franking credits issue does not affect the vast majority of Australians, but for those wealthy people that are affected by it, it’s quite a passionate issue and it is these wealthy people who have the greatest power to voice their concerns about it. Labor’s policy would derive $8 billion a year mainly from the wealthiest once fully implemented.
Franking credit refunds were introduced to deal with a differential in taxation rates between company tax and superannuation tax rates. It was originally created to service a small number of situations. Refunds have got very big and certainly much bigger than was anticipated when the policy of refund-ability was first introduced. This has become a loophole for the super wealthy to pay less tax. This is why the the funds have grown so much. The wealthy are having their income supplemented by the poor. To be fair, there are a large number of people of limited wealth who also try to capitalise on this loophole, but it doesn't offer much unless you have huge earnings through investments.
It is this level of complexity that causes so many to just accept what others are telling them, or act conservatively and vote conservatively just in case.
Scaring works.
But is this how we want our society to develop. To have the party that frightens us the most of what the other party will do to us if we vote them in.
We are using the wrong parts of our brain we we make these decisions. We need to make more rational decisions, and we need to elect leaders who will look further forward than the next election.
Yeah absolutely, Labor really stuffed the timing too, with the falling price of housing at the time they were running a way to drop house prices, it was really unfortunate. People were whinging about affordability, then when prices dropped everyone with a house shat themselves that they were losing cash. They really should have walked in with out policy. The Libs have done well to have no policy since they ran with Joe Hockey's "budget emergency" slash fest. Since then they haven't had a single high profile policy despite having been in government for years. Even the things they have done have been through plebiscites and royal commissions so they can't wear any political backlash.
The franking credits was hard for them to explain in the media and they never sold the message well. Giving away $5 billion a year and climbing isn't hard to explain to me.







. It doesn't take much for you put folk on ignore, and I'm sorry you feel the need. I only said that your assertion that academia filled with left wing bias is totally unfounded. You're right, I didn't go to university in Australia, but exactly the same accusation is made over here as well as in the States. It seems to be a global fear amongst to some right wingers, bordering upon paranoia, and it seems to have escalated in the internet era. Some of the same people accuse climatologists, who work with hard data, of also being part of some mysterious left wing conspiracy to make people believe in man made climate change. Some also push the 'Cultural Marxism' conspiracy theory. It's nuts, mate.



