Wayne Swan: economic numpty

[Aussie]

Parliamentary Budget Office Nef...
probably as bad as the Treasury staff that can't get their forecasts right etc.

Arsie wouldn't know what it was either even after he read it in an article if he actually read the article that is.

So....you accept or reject what the PBO have said, Poachy?

[Rorschach]

Wassup? Other people ignoring you like Herbert does.
Funny that hey...

[Jovial_Monk]

Politifact rates Bishop, Hockey & Abbott economic numpties and liars:

http://www.politifact.com.au/truth-o-me ... zero-head/

[IQS.RLOW]

Politifact= ALP hack site

Here's their "pants on fire" rating
http://www.politifact.com.au/truth-o-me ... -gold-pla/

LIbs said that public servants were buying "gold plated" coffee machines...and this hack found no actual gold plated coffee machines

This website cannot be taken seriously and will be filed with other ALP hack sites like the in appropriately named "independent" fake news site.

[Rorschach]

Yes you'd have to say it's a tad biased when most of the scrutiny is not of labor the government of the day but the opposition and others.
Funnily enough though of the couple of mentions of Labor... Gillard in fact it does say that what she says is MOSTLY FALSE... how unusual.

[IQS.RLOW]

Wayne Swan: Balancing the budget with carbon price assumptions

[IQS.RLOW]

THERE is one crucial result in the Parliamentary Budget Office’s report on Australia’s fiscal position: from 2001-02 on, the Howard government ran structural budget surpluses every year averaging 1.4 per cent of GDP; while every year it has been in office, Labor has run structural deficits averaging 2.8 per cent of GDP. And even accepting the fog of unreality that is Labor’s latest budget, those structural deficits will persist through to at least 2016-17…

The contrast with Labor could not be more stark. The licence given to union thugs; the imposition of inefficient taxes, such as the carbon tax and the MRRT; the squandering of scarce capital on follies such as the NBN; the proliferation of subsidies, regulation and “green tape”; the resulting crippling of the resource boom: all these slash the economy’s ability to grow and so finance spending commitments. The result is a deterioration in the structural fiscal position under Labor, which may be 2 per cent of GDP worse than the PBO suggests.