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Scott Morrison - How Long? Part 4

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To, not too.
Nonsense. Stop sniffing your own farts.
All this 'media' sh*t really is starting to feel like a left wing QAnon.

Morrison has spent $800 billion so far.

How much does he get to spend until you guys start to worry?

Rudd spent $52b on the GFC and conservatives all lost their collective minds.

$800 billion more debt so far and you guys are still in denial.

QAnon is a conspiracy. What Morrison is doing is real.
 
Morrison has spent $800 billion so far.

How much does he get to spend until you guys start to worry?

Rudd spent $52b on the GFC and conservatives all lost their collective minds.

$800 billion more debt so far and you guys are still in denial.

QAnon is a conspiracy. What Morrison is doing is real.

apparently frydo has admitted he probably wont see a surplus now in his lifetime

so much for the "back in black" mugs
 

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Morrison has spent $800 billion so far.

How much does he get to spend until you guys start to worry?

Rudd spent $52b on the GFC and conservatives all lost their collective minds.

$800 billion more debt so far and you guys are still in denial.

QAnon is a conspiracy. What Morrison is doing is real.

That's a worrying figure. Where's it from?

I've been worried about the spending from the start.
 
That's a worrying figure. Where's it from?

I've been worried about the spending from the start.

Tony Abbot inherited a debt of $153 billion and a deficit in the last full financial year of $19 billion.

Julie Bishop at the time - "We can't solve all the problems of the budget debt and deficit, the massive unprecedented size of it that we inherited from Labor - because it was the worst set of financial accounts inherited by any incoming government in Australia's history." :rolleyes:



Fast forward 8 years and we have the following in this years budget;

2021/22 Forecast debt - $963 billion
2021/22 Forecast deficit - $106.6 billion

2025 Forecast debt - $1.199 TRILLION

https://www.aph.gov.au/About_Parlia...y/pubs/rp/BudgetReview202122/CommonwealthDebt - "The Budget projects that the Commonwealth government’s gross debt will be around $963 billion at 30 June 2022. This is around 45.1% of GDP. It is projected to increase to $1,199 billion—around 50% of GDP—by 30 June 2025"

So by 2025 the Abbott/Turnbull/Morrison governments will have increased national debt 1 TRILLION DOLLARS

AND ON WHAT?


Anyone who is a PAYG employee tax payer in this country is getting played by these guys. Because you are the ones who get to pay for it - although in truth it will be your kids.

For the record I am a sole trader and what I can get away with is an outright rort.

How people can genuinely support the Liberals is beyond me.
  • They have racked up the highest debt in Australia's history - almost half of it before Covid even happened
  • There is zero reform program to show for that debt
  • There is barely any infrastructure to show for that debt
  • There is certainly no investment in education for future nation building in that debt
  • There is no investment in the environment or the transition to a clean economy in that debt
So what exactly are we getting for our money? All I can see is more assets bubbles for the benefit of the wealthy.

Australia is a banana republic.

Well done LNP.
 
What does the ALP have to do to overcome this corporate-media-coalition juggernaut of reprehensible sh*t? Does Albo have to gatecrash an episode of Big Brother to get people to take notice?
No opposition has been able to get any traction during the pandemic. Feds won't be a lot different I'm guessing.
 
Tony Abbot inherited a debt of $153 billion and a deficit in the last full financial year of $19 billion.

Julie Bishop at the time - "We can't solve all the problems of the budget debt and deficit, the massive unprecedented size of it that we inherited from Labor - because it was the worst set of financial accounts inherited by any incoming government in Australia's history." :rolleyes:



Fast forward 8 years and we have the following in this years budget;

2021/22 Forecast debt - $963 billion
2021/22 Forecast deficit - $106.6 billion

2025 Forecast debt - $1.199 TRILLION

https://www.aph.gov.au/About_Parlia...y/pubs/rp/BudgetReview202122/CommonwealthDebt - "The Budget projects that the Commonwealth government’s gross debt will be around $963 billion at 30 June 2022. This is around 45.1% of GDP. It is projected to increase to $1,199 billion—around 50% of GDP—by 30 June 2025"

So by 2025 the Abbott/Turnbull/Morrison governments will have increased national debt 1 TRILLION DOLLARS

AND ON WHAT?


Anyone who is a PAYG employee tax payer in this country is getting played by these guys. Because you are the ones who get to pay for it - although in truth it will be your kids.

For the record I am a sole trader and what I can get away with is an outright rort.

How people can genuinely support the Liberals is beyond me.
  • They have racked up the highest debt in Australia's history - almost half of it before Covid even happened
  • There is zero reform program to show for that debt
  • There is barely any infrastructure to show for that debt
  • There is certainly no investment in education for future nation building in that debt
  • There is no investment in the environment or the transition to a clean economy in that debt
So what exactly are we getting for our money? All I can see is more assets bubbles for the benefit of the wealthy.

Australia is a banana republic.

Well done LNP.

Here's a summary of spending and revenue (pre-Covid).

Where's your problem?

I see sharp increases in Health, Defence, and Social Security (mostly NDIS).

I can't see any major cash splashes.

That said, I don't like the deficit, I'm just glad interest rates are low.
 

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I hope that qld labor aren't treating the electorate like idiots - most people know the constitution better than the metropolitan political elite give them credit for.
Most people dgaf about constitution. The people posting here in this thread represent the top 1% of political engagement (irrespective of partisan biases)
 
Tony Abbot inherited a debt of $153 billion and a deficit in the last full financial year of $19 billion.

Julie Bishop at the time - "We can't solve all the problems of the budget debt and deficit, the massive unprecedented size of it that we inherited from Labor - because it was the worst set of financial accounts inherited by any incoming government in Australia's history." :rolleyes:



Fast forward 8 years and we have the following in this years budget;

2021/22 Forecast debt - $963 billion
2021/22 Forecast deficit - $106.6 billion

2025 Forecast debt - $1.199 TRILLION

https://www.aph.gov.au/About_Parlia...y/pubs/rp/BudgetReview202122/CommonwealthDebt - "The Budget projects that the Commonwealth government’s gross debt will be around $963 billion at 30 June 2022. This is around 45.1% of GDP. It is projected to increase to $1,199 billion—around 50% of GDP—by 30 June 2025"

So by 2025 the Abbott/Turnbull/Morrison governments will have increased national debt 1 TRILLION DOLLARS

AND ON WHAT?


Anyone who is a PAYG employee tax payer in this country is getting played by these guys. Because you are the ones who get to pay for it - although in truth it will be your kids.

For the record I am a sole trader and what I can get away with is an outright rort.

How people can genuinely support the Liberals is beyond me.
  • They have racked up the highest debt in Australia's history - almost half of it before Covid even happened
  • There is zero reform program to show for that debt
  • There is barely any infrastructure to show for that debt
  • There is certainly no investment in education for future nation building in that debt
  • There is no investment in the environment or the transition to a clean economy in that debt
So what exactly are we getting for our money? All I can see is more assets bubbles for the benefit of the wealthy.

Australia is a banana republic.

Well done LNP.
All the so called economists who mocked Swan and talked of Australia becoming the next Greece have gone strangely quiet. It's also worth noting that this is what the Libs think austerity looks like.
 
John Hewson is left wing?




Was listening to 774 yesterday morning show they had their political insiders (Bronwyn pike and john pesutto one from each side - its a regular segment). One of the callers made a scottyfrommarketing reference and john lost his shit telling the caller while you might have valid points he immediately stopped engaging once he heard the scottyfrommarketing line, as he could attribute the caller as partisan. Then tried to put onus on caller to “dial down the heat and partisanship “
Completely forgets that this is how the politicians and general media act, so why the fork he expects the public to expect and better is unclear.
Possibly explains how as a state liberal he managed to lose hawthorn.
 
still money for tax cuts though just none for services

cuts will be needed, but IMO these should be the four things done:

- removal of most (if not all) middle class welfare, no plasma tv grants any more

- reduce income and corporate taxes and eliminate payroll tax

- remove GST exemptions - now applies to all goods and services

- introduce carbon tax
 

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I hope that qld labor aren't treating the electorate like idiots - most people know the constitution better than the metropolitan political elite give them credit for.
When you say Metropolitan elite, I presume you mean the Liberal party? The likes of Frydo from Toorak
 
cuts will be needed, but IMO these should be the four things done:

- removal of most (if not all) middle class welfare, no plasma tv grants any more

- reduce income and corporate taxes and eliminate payroll tax

- remove GST exemptions - now applies to all goods and services

- introduce carbon tax
Legalise pot. There's a river of gold in excise tax there.
 
I hope that qld labor aren't treating the electorate like idiots - most people know the constitution better than the metropolitan political elite give them credit for.

No they don't.

Most people have no idea what is in the Constitution. A great many wouldn't know what the Constitution is.
 
"Metropolitan political elites". It's not hard to see where the Coalition re election campaign is going to come from, they're f***ed in the cities and are left with the hope that the hicks, free Sky News in the regions and the enormous gerrymander enjoyed by the Nats are going to get them over the line.
 
I hope that qld labor aren't treating the electorate like idiots - most people know the constitution better than the metropolitan political elite give them credit for.

I'm in Queensland, we can see straight through your bullshit Andrew
 
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