Rudd calls for era of "social capitalism" (1 Viewer)

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Do explain how this is going to benefit the economy in any way?

10 years of Liberal work, namely Costello work, and we're up to $60 billion surplus a single year of Kevin Rudd and his Labor deficit train and we're down into deficit.

It's the wrong direction to head in...

Tax cuts FTW.
Yep...tax cuts will limit that budget deficit =/
 

Progressive

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Good on ya Silver Persian Clever economic thinking... you manage to nuckle down the pro liberal spin heheheheh .................... ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV <<-------start reading here.........Disclaimer no subliminal meesage:):):):)
 

Smithereens

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Good on ya Silver Persian Clever economic thinking... you manage to nuckle down the pro liberal spin heheheheh .................... ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV <<-------start reading here.........Disclaimer no subliminal meesage:):):):)
'Thanks for deducting reputation points from this user'.
 
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Good on ya Silver Persian Clever economic thinking... you manage to nuckle down the pro liberal spin heheheheh .................... ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV ROBAL 1 ETOV <<-------start reading here.........Disclaimer no subliminal meesage:):):):)
Ahhrrr who are you a troll of?

Shroedinger? Graney??!?!
 

moll.

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It's probably bigboyjames again.
 

Progressive

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Mate Moll listen up you neo-con stud who do you think you are, David Oldfields Student Spin PET.:):):):)
 

Lex152

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Do explain how this is going to benefit the economy in any way?

10 years of Liberal work, namely Costello work, and we're up to $60 billion surplus a single year of Kevin Rudd and his Labor deficit train and we're down into deficit.

It's the wrong direction to head in...

Tax cuts FTW.
Costello rode the economic planning oif keating...
What policy did he actually come up with himself that benefitted us?
 

withoutaface

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Costello rode the economic planning oif keating...
What policy did he actually come up with himself that benefitted us?
1996 IR reforms, sale of telstra, GST, FTA with North America, etc.
 

Lex152

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1996 IR reforms, sale of telstra, GST, FTA with North America, etc.
IR reforms I don't knowenoguh about, probably right.

Sale of Telstra, I disagree with it... yielded some results but now the entire entity is out of public hands.

GST weren't there plans already to introduce that before Howard?

FTA ? those things you can never be sure of...

at least 1, maybe 3...
 

moll.

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IR reforms I don't knowenoguh about, probably right.

Sale of Telstra, I disagree with it... yielded some results but now the entire entity is out of public hands.
Correct me if I'm wrong, but I think that's the point.

GST weren't there plans already to introduce that before Howard?

FTA ? those things you can never be sure of...

at least 1, maybe 3...
lol post.
 

Lex152

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@ the FTA I just heard there was a lot of crap conditions in it, like only being able to sell some sort of produce out of our season ` unclarrifeid though...

Besides I believe in public ownership, so don't mock me because I hold different ideals...
 

moll.

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@ the FTA I just heard there was a lot of crap conditions in it, like only being able to sell some sort of produce out of our season ` unclarrifeid though...

Besides I believe in public ownership, so don't mock me because I hold different ideals...
Oh yeah, there were some pretty shitty clauses in the FTA with America. I think one prevented the complete removal of all froms of protectionism on beef imports by the Americans. There was also somethign else about sugar cane which I can't remember. So it wasn't a complete FTA.
But still, on the whole it demolished the vast majority of trade barriers that were still remaining between our two countries, which will allow for more money for both of us. Nothing bad there.

Fair enough about believing in public ownership (I don't agree with you however), but that sentence of yours was horribly worded. It came across as saying that one of the negetive drawbacks of the sale of Telstra was that it was out of public ownership. That was of course the point of the sale.
 

loquasagacious

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Better to get a mostly-FTA than no FTA at all. If you're a sugercane farmer after the FTA was signed it means you're exactky the same as you were before - you don't enjoy the windfall of a new market but you are hardly worse off.
 

Gerald10

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The Howard years produced almost no significant microeconomic reform other than the privatisation of telstra. The GST doesn't help efficiences its just a way of taxing people. The FTA is rubbish - the biggest problem we have with free trade is our agricultural exports which continually get f***ed over by the EU and the US. The US still massively subsidises its farmers and we are still getting f***ed over with the FTA. I did forget however the one shining jewel in their economic crown - workchoices.

The Howard gov't ran the country through global conditions in which a monkey throwing darts could have managed to avoid a recession - on a macroeconomic level they did as they were advised - on a microeconomic level, where they could actually make a lasting difference to our nations prosperity, they wasted and pissed up the greatest boom the country has ever seen. All of which would not have been possible if it weren't for the microeconomic reform done by the Hawke and Keating gov'ts.

And at the end of the day all anyone could say after all those years in power was that they ran the economy well. So hats off to Howard, Costello and the great wasted opportunity.
 

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