Tony Abbott - Do you want him as PM? (1 Viewer)

[scuba_steve2121]

It depends how sharply it was pushing up inflation, if the question is regarding the Rudd government in particular then certainly there are no problems on that front. I don't accept that all stimulus spending is malinvesting so that's not relevant.

No the market does.

no problems so far..

its not but the majority of it is which is why i have a problem with it in the first place

why?

 

[Lentern]

no problems so far..

its not but the majority of it is which is why i have a problem with it in the first place

why?

1) Wasn't commenting on the response of the economy thus far but on the spending itself.
2) Case of what %, clearly I think thats a lot lower than you do.

3) It's not really but your statement was a stupid one considering you knew that I meant that even if the government had spent consistantly with the previous government it would have plunged into debt as trade slackened and lots of people moved from being productive workers to job seekers in need of welfare.

 

[scuba_steve2121]

1) Wasn't commenting on the response of the economy thus far but on the spending itself.
2) Case of what %, clearly I think thats a lot lower than you do.

3) It's not really but your statement was a stupid one considering you knew that I meant that even if the government had spent consistantly with the previous government it would have plunged into debt as trade slackened and lots of people moved from being productive workers to job seekers in need of welfare.

1) fair enough

2) yes it is

3) the government can cut spending and remove welfare payments so in essence it places it self into debt nobody is forcing the government to do radical stimulus spending

 

[Lentern]

1) fair enough

2) yes it is

3) the government can cut spending and remove welfare payments so in essence it places it self into debt nobody is forcing the government to do radical stimulus spending

And if it did so it would plunge further and further into recession. I guess though that's what you like, revenue keeps collapsing, government keeps reducing to avoid going into deficit, ultimately the government is stripped to the bone and when someone discovers some oil it builds back upon again with a pale imitation of a government if any. Sure the very foundations of society crumble in the meantime but gee whiz! there's less tax!

 

[scuba_steve2121]

And if it did so it would plunge further and further into recession. I guess though that's what you like, revenue keeps collapsing, government keeps reducing to avoid going into deficit, ultimately the government is stripped to the bone and when someone discovers some oil it builds back upon again with a pale imitation of a government if any. Sure the very foundations of society crumble in the meantime but gee whiz! there's less tax!

how could the government fix a recession anyways?

they can avoid one by dissolving the fed but how can they fix one, unfortunately spending as much as u can as fast as u can doesn't work

and the government being stripped to the bone would help us out of a recession XD

 

[Lentern]

how could the government fix a recession anyways?

they can avoid one by dissolving the fed but how can they fix one, unfortunately spending as much as u can as fast as u can doesn't work

and the government being stripped to the bone would help us out of a recession XD

Hire people to build and fix stuff. The usefulness of a school hall is a bit dubious but the idea is right. I personally favour fixing dangerous roads, developing green industry and building residential properties.

 

[scuba_steve2121]

Hire people to build and fix stuff. The usefulness of a school hall is a bit dubious but the idea is right. I personally favour fixing dangerous roads, developing green industry and building residential properties.

all that is doing is just providing temporary assistance and re inflating the bubble which will explode again as soon as the stimulus ends. this is why i disagree with stimulus spending all it leaves u with is an even worse off economy which takes longer to recover and a huge pile of debt

 

[Lentern]

all that is doing is just providing temporary assistance and re inflating the bubble which will explode again as soon as the stimulus ends. this is why i disagree with stimulus spending all it leaves u with is an even worse off economy which takes longer to recover and a huge pile of debt

It create assets for the government, many of which can then be sold once the market has begun rallying of its own accord and it keeps people employed, creating wealth and giving back some of the expenditure through taxation. An unemployed man creates no capital whatsoever: no assets, no revenue, nothing.

 

[Rothbard]

Hire people to build and fix stuff. The usefulness of a school hall is a bit dubious but the idea is right. I personally favour fixing dangerous roads, developing green industry and building residential properties.

1) Involves picking winners before the race has even started

2) Encourages rent-seeking by developers and constituents, which may lead to less-optimal use of the land, for say ultra-high density living that has a minimal ecological impact versus very low density living that has a quite high ecological impact.

 

[supercalamari]

I don't want him as PM less than I don't want Rudd as PM.

They're both as bad as one another, I wouldn't vote for either of them.

 

[Lauchlan]

i didn't say he was the worst PM ever I'm sure there have been much worse

what I'm saying is that the wealth and living standards of a country is determined by Economics. Rudd has Clearly no idea about Economics thus this is going to drive us into a very long recession when wall street crashes again. A Liberal party government would be beneficial as they wouldn't partake in such economically fallacious activities. so for the next 5 years a good Economic policy fucking trumps anything else

This is all debatable!!!!!!! what I'm saying is its your opinion...
this is not facts (in bold) you are stating.... its trivial for gods sake.
face it, your not going to convince me because we both have opposing views

i see your point - i understanding why you state that justification - but i dont share the view ie. i dont link the labor party with economic decline. you can spit quotes and figures as much as you like - but realise it really wont change my view at this stage.

 

[Lauchlan]

yes i can its called the political spectrum look it up

yes it does that is why people vote for different parties or else we might as well have a socialist regime

i already have

call it what you like - its just another example of you making giant stereotypes.
i dont see it as right or accurate.

EDIT: you haven't convinced me at all. FAIL.

 

[Lauchlan]

They're both as bad as one another, I wouldn't vote for either of them.

yep everyone's sick of labor and liberal bickering so they say 'gtfo' to both of them.

 

[slugboy]

I added the "nice work" part so I didn't sound offensive. I found your last post genuinely funny.


And no, Lauchlan. A gorilla with access to the internet could criticise you for your idiocy. It isn't hard.

that would be you then

 

[slugboy]

Rudd threatens the economic future of this country so no

fucking economist

 

[slugboy]

Scuba_Steve_2121's sig:

"Quote:
Originally Posted by Milton Friedman
One of the great mistakes is to judge policies and programs by their intentions rather than their results.

I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.

Quote:
Originally Posted by Lauchlan
i dont need any understanding of anything to put forward my point

Quote:
Originally Posted by Lauchlan

id rather three more years of "retarded expensive good intention policy" .

Quote:
Originally Posted by Lauchlan
facts are irrelevent

Quote:
Originally Posted by Lauchlan
i do not back the economic logic "

Jesus man, why do you need such a big fucking sig??

Me thinks you are compensating for your smallness

We know you hate lauchlan, but do you really need to use half the bloody page doing so???

 

[slugboy]

wasn't the kyoto project another failure?

kyoto is a work in progress

the aim of it is in 2020

 

[slugboy]

scubasteveo mate

put lauchlan on ignore please

he is retarded beyond words

you are better than this

oh shut up and put yourself on 'ignore'

 

[slugboy]

well since both are dangerously similar on a social scale all we have left is economics to decide on who to vote for

oh sure, leave it to the fucking economists

 

[zombie omie jay]

gosh damn we wasted SO much money with these stimulus projects