Rudd/Gillard Government as Economic Managers

[Gough]

But the electorate is right of centre ?

So you want the ALP in opposition ?

Love your negatives .... just say it .... Shorten is a moron and for me who considers the ALP unfit to govern he is a good match, being a moron in the ALP means you won't stand out much.

Why do you oppose democratic rule with your rabid ideology ?
The ALP needs a leader that can rebuild their credibility, being more left wing is not going to do that.

I prefer who governs the country is competent and respects the will of the people, economics is big issue, we don't want children running the country like we had for the last 6 years.

Many things can be hung on the the previous government, but they steered the country through the GFC and that's hardly the work of children. I realise as a rabid right-wing ideologue you may have a hard time accepting this, but this whole grown ups back in government meme is just tiresome and immature. Whichever side of politics is running the shop, I accept that they are at least trying to do the right thing for the country.

 

[BMWrules]

Many things can be hung on the the previous government, but they steered the country through the GFC and that's hardly the work of children. I realise as a rabid right-wing ideologue you may have a hard time accepting this, but this whole grown ups back in government meme is just tiresome and immature. Whichever side of politics is running the shop, I accept that they are at least trying to do the right thing for the country.

And you think running that BS line will work at the next election given it did not work at this election that the ALP lost big time ?

Don't need to accept any of the ALP BS let alone yours

 

[Gough]

You've cribbed the line 100% from Hockey and Abbott who ran with it constantly during the campaign. It's not particularly original, nor is it clever.

 

[BMWrules]

You've cribbed the line 100% from Hockey and Abbott who ran with it constantly during the campaign. It's not particularly original, nor is it clever.

Prove it ?

Your the one rabbiting on the ALP line which I don't buy, you can and seem incapable of accepting the ALP got flogged and their economic credibility was big factor.

 

[Gough]

What ALP line am I running, jesus mate, I didn't even vote for the them. Perhaps spend more than ten seconds on this board before you start casting aspersions on folk here.

 

[Ice-Wolf]

What ALP line am I running, jesus mate, I didn't even vote for the them. Perhaps spend more than ten seconds on this board before you start casting aspersions on folk here.

Should probably give up Gough, we've either got a true believer here or a troll possibly both.

I'm guessing they aren't taking Sophie's loss well.

 

[MUYB]

The evidence for the ALP being good economic managers is the fact that Australia handled the GFC better than any other developed nation, was internationally lauded for doing so and has incredibly low debt to gdp ratio.

The evidence that it handled the economy poorly is the repetition of the word no ad infinitum and referencing polls because you believe that the average man on the street with a twenty year mortgage at over half their income is an expert authority on the supposed perils of government debt.

 

[BMWrules]

The evidence for the ALP being good economic managers is the fact that Australia handled the GFC better than any other developed nation, was internationally lauded for doing so and has incredibly low debt to gdp ratio.

The evidence that it handled the economy poorly is the repetition of the word no ad infinitum and referencing polls because you believe that the average man on the street with a twenty year mortgage at over half their income is an expert authority on the supposed perils of government debt.

To marginally avoid a marginal recession at best ?

This is a clapped out old argument no one except and ALP supporter would run.

So the hundreds of times they said they were going to deliver a Surplus (even guaranteed it) and then missed it by billions is not work mentioning nor the minerals tax that generated no real revenue ?

 

[RUNVS]

To marginally avoid a marginal recession at best ?

This is a clapped out old argument no one except and ALP supporter would run.

So the hundreds of times they said they were going to deliver a Surplus (even guaranteed it) and then missed it by billions is not work mentioning nor the minerals tax that generated no real revenue ?

Why don't you go ask Spain, Greece, UK or even USA how "marginal" their recessions were.

 

[MUYB]

To marginally avoid a marginal recession at best ?

This is a clapped out old argument no one except and ALP supporter would run.

So the hundreds of times they said they were going to deliver a Surplus (even guaranteed it) and then missed it by billions is not work mentioning nor the minerals tax that generated no real revenue ?

Except its the argument being run by international observers praising the way australia avoided the GFC who have no horse in our poltical race, and the people who seem to think it was a bad idea are the ones directly campaigning against the ALP and also the ones who think that good economic management consists of twiddling your thumbs for twelve years through the best economic conditions since the post war boom, building no infrastructure and selling off profit making assets every time an election comes round to fund their ridiculous programs of middle class welfare (something unfortunately the ALP didn't cut back on nearly enough)

The big mistake the ALP had in economic terms was in letting the coalition run unchallenged with their line that getting rid of miniscule amounts of public debt is better than keeping the economy functioning. Luckily unlike the coalition they weren't dumb enough to actually pursue unnecessarily surpluses, but because they didnt argue hard enough at the start they copped a massive whack from the average voter who cant distinguish a national economy from their credit card statement.

There is not a treasurer in the world that wouldn't have spat in his mothers eye to inherit what the ALP has left for sloppy joe.

 

[Caesar]

The 'good economic managers' thing is one of those meaningless lines that both sides spin. Politicians don't manage the economy in any meaningful sense. Nobody really gives Swan much credit for navigating the GFC, same as nobody really gives Costello much credit for the '90s boom.

People vote for the Coalition in times of hardship because they have the support of the business community, and when the economy is tanking and unemployment is rising people tend to do what they perceive to be in the best interests of business. That's about it.

 

[tazzietiger]

Why don't you go ask Spain, Greece, UK or even USA how "marginal" their recessions were.

If you believe that Australia suffered from the same effects that have hit countries like Greece, Spain USA etc.. then you truly don't understand what caused their economic recessions.

 

[BMWrules]

Why don't you go ask Spain, Greece, UK or even USA how "marginal" their recessions were.

And ?

 

[BMWrules]

If you believe that Australia suffered from the same effects that have hit countries like Greece, Spain USA etc.. then you truly don't understand what caused their economic recessions.

Yes and where did the ALP get a lot of their advice from on economics ?

I am so over Europeans claiming they are experts at economics, its all moot as we have a resource based economy, Greece barely has and economy at all.

 

[BMWrules]

The 'good economic managers' thing is one of those meaningless lines that both sides spin. Politicians don't manage the economy in any meaningful sense. Nobody really gives Swan much credit for navigating the GFC, same as nobody really gives Costello much credit for the '90s boom.

People vote for the Coalition in times of hardship because they have the support of the business community, and when the economy is tanking and unemployment is rising people tend to do what they perceive to be in the best interests of business. That's about it.

yes but the coalition nurtured the economy, the ALP tried to butcher it with ideology and unfunded policies.

 

[MUYB]

Yes and where did the ALP get a lot of their advice from on economics ?

I am so over Europeans claiming they are experts at economics, its all moot as we have a resource based economy, Greece barely has and economy at all.

Complains about european economics.

Supports coalition who wants to introduce austerity measures and follow the austrian school of economics.


It's okay to admit you dont have a clue and stop wasting everyones time.

Also Caesar, the implementation is obviously done by the civil service, but the politicians are responsible for the broad stroke goals of economic policy: asset sales, stimulus etc.

 

[BMWrules]

Complains about european economics.

Supports coalition who wants to introduce austerity measures and follow the austrian school of economics.


It's okay to admit you dont have a clue and stop wasting everyones time.

Also Caesar, the implementation is obviously done by the civil service, but the politicians are responsible for the broad stroke goals of economic policy: asset sales, stimulus etc.

Any more straw-man arguments you want to throw out ?

It looks like your full of them.

 

[Caesar]

yes but the coalition nurtured the economy, the ALP tried to butcher it with ideology and unfunded policies.

That's more hyperbole than anything else.

Also Caesar, the implementation is obviously done by the civil service, but the politicians are responsible for the broad stroke goals of economic policy: asset sales, stimulus etc.

Maybe I wasn't clear. Governments don't manage the economy. They just like to pretend they do.

 

[MUYB]

Any more straw-man arguments you want to throw out ?

It looks like your full of them.

Describing what you actually say is not a strawman.

 

[tazzietiger]

Complains about european economics.

Supports coalition who wants to introduce austerity measures and follow the austrian school of economics.

Coalition aren't doing austerity. Only a ALP supporter who doesn't understand budget matters would actually believe that they are. The coalition are undertaking small cuts in the scheme of the budget size to set a path-way for a return to surplus.

 

[Relativity]

Anyone can spend money. Rudd/Gillard, like Howard before them, blew the opportunity for well targeted infrastructure expenditure that could have taken the edge off the ongoing disadvantages we have with things like transport and drought to name just 2. We desperately need to broaden our income base and no Government of the past 15 years has done anything to achieve this. If anything we have become more reliant on quarrying. Rudd/Gillard weren't economic managers. They were benevolent with borrowed money. The proverbial drunken sailors. Unfortunately we are the ones stuck with the hangover.

 

[Sanders]

Why don't you go ask Spain, Greece, UK or even USA how "marginal" their recessions were.

You think their situations were even vaguely similar? Wowee

 

[Damon_3388]

Anyone can spend money. Rudd/Gillard, like Howard before them, blew the opportunity for well targeted infrastructure expenditure that could have taken the edge off the ongoing disadvantages we have with things like transport and drought to name just 2.

So what is the NBN (arguably the greatest technological advancement in Australian history, if realised to its full potential) then?

 

[Caesar]

(arguably the greatest technological advancement in Australian history, if realised to its full potential)

Yeah, okay.

 

[Damon_3388]

Yeah, okay.

I suppose you think the NBN is "just" faster internet, right?