Rudd Rhetoric Shift: Recession Fears

Australian Federal, State and Local Politics
Forum rules
Don't poop in these threads. This isn't Europe, okay? There are rules here!
Post Reply
kevin457

Rudd Rhetoric Shift: Recession Fears

Post by kevin457 » Tue Aug 06, 2013 2:39 pm

Ironic, because according to our forums Labor hacks, our economy was believed to be in good shape.

Or just Rudd clumsily tripping back into campaign mode telling cautionary tails of a Coalition induced recession?

8-)



http://www.bloomberg.com/news/2013-07-0 ... -ebbs.html

User avatar
Neferti
Posts: 18113
Joined: Wed Jan 12, 2011 3:26 pm

Re: Rudd Rhetoric Shift: Recession Fears

Post by Neferti » Tue Aug 06, 2013 2:47 pm

kevin457 wrote:Ironic, because according to our forums Labor hacks, our economy was believed to be in good shape.

Or just Rudd clumsily tripping back into campaign mode telling cautionary tails of a Coalition induced recession?
Who believes what Monk & Co say about the economy? It is always worse than the ALP states once the Coalition gets back in to fix everything up and get us back into black, again.

I see this as Breaking News on our ABC. Geeze!!!!

Reserve Bank of Australia cuts the official interest rate to 2.5 per cent

kevin457

Re: Rudd Rhetoric Shift: Recession Fears

Post by kevin457 » Tue Aug 06, 2013 3:10 pm

No wonder Rudd had lunch with Keating recently, was the lunch they had to have.

I wonder if Rudd will shoulder his governments failures as well as Keating did here...


http://www.parliament.nsw.gov.au/Prod/p ... 9930311013


Recession indicators....
Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This committee statement is about as close as they get to identifying their method.

There is, however, a general belief that there are four big indicators that the committee weighs heavily in their cycle identification process. They are:

Industrial Production
Real Personal Income (excluding transfer payments)
Employment
Real Retail Sales


http://www.businessinsider.com.au/the-f ... ors-2013-2


Will Rudd deny we are in recession, the way Keating claimed we had recovered from one and lied when he told Australians it was business as usual, that the recession had ended when it hadn’t.


When will the ABS release Australias real unemployment figures?



The recession we had to have all over again.


http://www.news.com.au/business/recessi ... 5700415633 <----remember this
Last edited by kevin457 on Tue Aug 06, 2013 3:21 pm, edited 1 time in total.

User avatar
Neferti
Posts: 18113
Joined: Wed Jan 12, 2011 3:26 pm

Re: Rudd Rhetoric Shift: Recession Fears

Post by Neferti » Tue Aug 06, 2013 3:19 pm

kevin457 wrote:No wonder Rudd had lunch with Keating recently, was the lunch they had to have.

I wonder if Rudd will shoulder his governments failures as well as Keating did here...

Recession indicators....

Will Rudd deny we are in recession, the way Keating claimed we had recovered from one and lied when he told Australians it was business as usual, that the recession had ended when it hadn’t.
Krudd is NOT going to be our next Prime Minister. Period! Tony Abbott is and what a challenge it will be for him and his Government!

It WILL be better for Australia, ourselves, our kids and our grandkids though.

kevin457

Re: Rudd Rhetoric Shift: Recession Fears

Post by kevin457 » Tue Aug 06, 2013 3:32 pm

Neferti~ wrote:
kevin457 wrote:No wonder Rudd had lunch with Keating recently, was the lunch they had to have.

I wonder if Rudd will shoulder his governments failures as well as Keating did here...

Recession indicators....

Will Rudd deny we are in recession, the way Keating claimed we had recovered from one and lied when he told Australians it was business as usual, that the recession had ended when it hadn’t.
Krudd is NOT going to be our next Prime Minister. Period! Tony Abbott is and what a challenge it will be for him and his Government!

It WILL be better for Australia, ourselves, our kids and our grandkids though.

And of course, this wont stop Labor spending up big on their 2013 election campaign, paying the ABC to spool their campaign junket for the sake of winning a few lousy seats.

How much a day does the ABC cost Australians again?

:roll:

User avatar
Neferti
Posts: 18113
Joined: Wed Jan 12, 2011 3:26 pm

Re: Rudd Rhetoric Shift: Recession Fears

Post by Neferti » Tue Aug 06, 2013 5:12 pm

kevin457 wrote:
Neferti~ wrote:
kevin457 wrote:No wonder Rudd had lunch with Keating recently, was the lunch they had to have.

I wonder if Rudd will shoulder his governments failures as well as Keating did here...

Recession indicators....

Will Rudd deny we are in recession, the way Keating claimed we had recovered from one and lied when he told Australians it was business as usual, that the recession had ended when it hadn’t.
Krudd is NOT going to be our next Prime Minister. Period! Tony Abbott is and what a challenge it will be for him and his Government!

It WILL be better for Australia, ourselves, our kids and our grandkids though.

And of course, this wont stop Labor spending up big on their 2013 election campaign, paying the ABC to spool their campaign junket for the sake of winning a few lousy seats.

How much a day does the ABC cost Australians again?

:roll:
There is NO MONEY left for the ALP Government to spend. That's why the ALP are asking for $5 "donations". Their bucket is MT.

Aussie

Re: Rudd Rhetoric Shift: Recession Fears

Post by Aussie » Tue Aug 06, 2013 5:17 pm

This is totally unbelievable. I'm not gonna bother doing a google search as I know there will be a zillion hits on the phrase "Interest rates will always be lower under an LPN Government," all coming from Howard, Costello, Abbott and Hockey.

*Zing*

Jovial_Monk

Re: Rudd Rhetoric Shift: Recession Fears

Post by Jovial_Monk » Tue Aug 06, 2013 5:20 pm

Tony Abbott gets in the country will be in recession before many months, courtesy of the austerity the Libs can’t wait to clamp down. No NBN either, not even fraudband. Then next Budget—the deficit will be larger and unemployment over 8%, inflation up to 5-6% so interest rates higher (tho interest rates have no effect on cost of imports like petrol etc.

Just look at Qld—their deficit has doubled!

kevin457

Re: Rudd Rhetoric Shift: Recession Fears

Post by kevin457 » Tue Aug 06, 2013 5:28 pm

There is NO MONEY left for the ALP Government to spend. That's why the ALP are asking for $5 "donations". Their bucket is MT.
Neferti~






No, there’s still millions of dollars to be fleeced from dementia patients etc bank accounts Australians haven’t used for a whole 36 months.

http://www.bigpondmoney.com.au/inactive ... nts-raided

The new legislation was rushed through just in time for a big campaign year I guess.

Some people are estimating $300 million or more.

Hardly the conservative $109 million our government claimed unused accounts could yield.

User avatar
Neferti
Posts: 18113
Joined: Wed Jan 12, 2011 3:26 pm

Re: Rudd Rhetoric Shift: Recession Fears

Post by Neferti » Tue Aug 06, 2013 5:35 pm

Aussie wrote:This is totally unbelievable. I'm not gonna bother doing a google search as I know there will be a zillion hits on the phrase "Interest rates will always be lower under an LPN Government," all coming from Howard, Costello, Abbott and Hockey.

*Zing*
B-

You aren't very good at LOCAL: politics, are you?

Post Reply

Who is online

Users browsing this forum: No registered users and 19 guests