Yes it was interesting seeing a story today about how much the libs wasted in the last 3 years of the Howard Govt. Apparently those years either were, or close to, the biggest revenue years for this country. Yet those 3 years they delivered only modest surpluses. Apparently had they not given 40bil in tax cuts we would actually be in surplus.
I also think it's important to remember the last lib govt reigned during the huge boom in the mining industry and had huge profits to play with. Labor has reigned in a world wide recession then downturn. Granted, as a labor voter I haven't agreed with everything they have done. But it's like comparing a household of 500k with a household on 100k then saying the latter are just poor with finances bc they they don't have the same disposable income as their more wealthy counterparts.
Um. Yes they do. Revenue has been increasing, despite Swan trying to paint the picture otherwise. It raised 6% this year alone. Swan has been getting more for the last few years than what Costello ever got.
I would be interested in where that graph come from, bc from all reports I've seen from a variety of financial and political analysts they have said Howard's era was much more plentiful and under much better worldwide conditions.
That particular graphic came from http://catallaxyfiles.com/2013/05/14...res-and-stats/
I can provide some other data if you want to see the raw figures. Swan is spinning the 'writedown' of revenue to make it sound like revenue has dropped. It hasn't. It has increased throughout his term as treasurer.
From the ABC.
Raw data can be found here from the ABS.
Where are you getting your financial analysis from?
AUSTRALIA'S most needless wasteful spending took place under the John Howard-led Coalition government rather than under the Whitlam, Rudd or Gillard Labor governments, a study has found.
The International Monetary Fund study bills itself as the first to examine 200 years of government financial records across 55 leading economies.
It identifies only two periods of Australian "fiscal profligacy" in recent years, both during Mr Howard's term in office - in 2003 at the start of the mining boom and during his final years in office between 2005 and 2007.
The IMF study mirrors findings in a 2008 Australian Treasury study that found real government spending grew faster in the final four years of the Howard government than in any four-year period since the 1990s recession
Read more: http://www.smh.com.au/opinion/politi...#ixzz2TMRD4vxZ
Even your pro liberal website said this : "While I completely agree that the later years of the Howard era were characterised by excessive spending, there is a tad too much ‘hyper bowl’ in that article."
They then go on to make several excuses, among one that in so many words, since he still brought in a small surplus the argument of Howard's spending is moot. Also that there "is no discussion about Australia". No the report doesn't outline in words it's findings for us, but the graphs speak for themselves? I admit most people, what ever side of the fence they sit on, tend to be one eyed. but this article from catallaxyfiles just came across as desperately trying to find some flaw in the study bc heaven forbid the lib supporters agree that howard spent... and big.
I can't help feeling if this same worldwide study showed the libs in glowing terms they would be trumpeting it's praises.
Clearly I'm a leftie, but I'm under no illusions that labor aren't perfect. After 16 years I plan to vote greens. But I think Father that maybe you are only reading and processing what suits you? As a staunch labor supporter I see see the failings since Gillard has come in. But it just seems you stoically refuse to accept any study/report that might even hint the libs aren't perfect.....
Last edited by delirium; 15-05-2013 at 20:57.
I also have big questions re: the NDIS. As I've said, I do support any support of people with disabilities (I've worked very closely with families and people with disabilities, and have fundraised myself to help get wheelchairs etc). I want to see the criteria and to know that it's been researched well and will deliver what it promises.
Something I didn't like about the delivery of the NDIS to the public was how it was suggesting that the coalition had a say in whether it would be passed - Labor had the numbers with the Greens and independents, so when they said that the Libs needed to support it to pass, it was false and playing politics. It was irrelevant whether the Libs supported it.
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