I just did a simple google search and literally cut and pasted the first half a dozen articles. I could of linked a heap more but it's just the same info, different page.
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01-07-2016 10:11 #81
01-07-2016 10:25 #82
What you said is factually incorrect I'm sorry to say. You can't rely on biased media articles. You need to look at factual information for example, economics journals, RBA data etc. Or if you have time, you can actually look at the federal budget papers, they clearly show that the Howard Government inherited a bad fiscal deficit from Labor in 1996 and managed to bring the budget to surplus after barely 1 year in government. Then came the Rudd Government in 2007 and by the end of their first term, brought the budget to an overwhelming deficit. In fact, in 2010 the Rudd government produced the worst Budget deficit this country has seen in over 40 years.
The Labor party doesn't know how to manage the economy. They overspend: that's their platform and they aren't ashamed of it. That's what they rely on to win votes - increase taxes on "big business" and the "wealthy" and spend more money. That isn't going to help our economy thrive, increase jobs or be more innovative and competitive.
ETA: another interesting source of info is treasury papers published and available online. For example, the treasury working paper on the effect of company tax cuts. In summary, a cut in company tax will increase real wages, stimulate consumption and production and ultimately increase GDP.
Last edited by witherwings; 01-07-2016 at 10:49.
01-07-2016 10:51 #83
The figures aren't bias they are legitimate sources like the OECD. The massive blow out in the deficit under Abbott and Hockey isn't bias, it's fact. Just bc a website has left leanings like the ABC doesn't mean the facts they cite are untrue.
I also don't agree with the idea that 'labor spend, liberal saves'. It's just that they spend on different things. labor tends to spend on low income and the libs spend on upper middle and high income. For example the package during the worldwide recession under labor was huge, granted. It also saved our economy and I remember that the Lib's package was 90% of the amount Labor's was (I remember that figure that isn't plucked out of nowhere) but their answer to the economic crisis was tax cuts for middle and high income.
The libs like to spend too. That isn't bias, it's fact. They just choose a different target group to spend on than labor and greens.
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01-07-2016 11:02 #84
The deficit has doubled under the coalition and they paired up with the greens to raise the debt ceiling.
During every year under labor and gfc, Australia was one of the few countries that recorded economic growth each quarter during that time.
John Howard had the luxury of the mining boom yet still only managed to have a $20 billion surplus even after privatising Australian assets.
01-07-2016 11:06 #85
Plus, the Australian dollar was above parity under labor and the conservatives were complaining about cost of exports because of the high dollar.
01-07-2016 11:13 #86
The company tax cuts is a joke.
This government is giving $48 billion tax cut to big companies, spending $50 billion on submarines but can't find $4 billion to commit to the last 2 years of gonski. If they want the future to be innovative and stop relying on the government then gonski should be their priority but deep down we all know this government could not give a ship about the most disadvantaged and vulnerable in our country.
01-07-2016 11:22 #87
And I know you didn't specifically refer to me when you said it isn't a big deal to people who aren't directly affected, but your implication is extremely unfair. I personally do care about various issues that do not directly affect me. I don't need to be gay to care about gay rights, just as I don't need to be a refugee to care about the welfare of people in detention, and I don't need to be disabled to care about people with Disability. Its narrow minded to think that unless you are part of the group being discriminated against, that it's just not a big deal. The fact that the majority of Australians, who are overwhelmingly heterosexual are in favour of marriage equality proves this point.
01-07-2016 11:37 #88
I have friends with school aged kids whose kids have peers waffling off their parents bigoted rhetoric and then come home crying because of it.
Hell, my uncle is a LNP politician firmly against marriage equality whose two teenage kids follow in his belief.
Reports into the financial impact of the plebiscite do account for a potential $20 million in costs relating to the mental health of the community.
I'm lucky. My kids don't understand it. But there are many more who do, and will!
In all seriousness, if it is inappropriate to have a public vote on interracial marriage (for example), the same should apply here. It's cheaper, faster and a thousand times more dignified for someone - anyone - to grow a pair and do the right thing and pass it without a fuss in parliament.
As I said, I'm not professing labor to be the saviours of marriage equality in this country by any means. They could've and should've changed it when they could.
But I don't believe for a minute the LNP will be doing it either.
Which is one of the many reasons I won't be voting for either of them.
ETA: it's also just plain insulting that the public gets to vote on something which DOES NOT AFFECT THEM. What else should they be able to vote on? The colour I paint my house? The linen I buy for my bed? It does not concern anyone except for the gay and lesbian couples who wish to marry.
Last edited by rainbow road; 01-07-2016 at 11:50.
01-07-2016 11:43 #89
I believe Shorten when he says he will introduce a Bill in his first 100 days. He can't guarantee it will pass because from memory Labor still have marriage equality as a conscious vote until 2019 when it becomes binding but I'll need to check that.
01-07-2016 12:02 #90
Labor's first term in government took net government income to deficit after 11 years of being at surplus or very close to it. I get that spending was necessary during the GFC, and our mining industry and heavily regulated banking sector contributed to keeping us out of recession.
The LNP only came into power in late 2013. Not even 3 full years and only 2 budgets that they passed and implemented, which by the way, were seriously stifled by a hostile senate.
The last budget passed by labor (Wayne swan) was in May 2013, and the audited financial statements proceeding that budget show a huge deficit, only slightly lower than the 2013 financials. From 2014 to 2015, the actual deficit (as per audited financial statements published by treasury) has pretty much halved.
It looks like the trend is for a reduction in the deficit, not an increase.
Not sure where you are getting your info from but I am looking at the audited treasury financial statements which are free from bias.
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