What the Coalition are doing to rebuild Australia

[Rorschach]

Wassup monk did you miss the costings and measure Hockey presented last week...

I didn't.

You need to stop writing crap.
repeat after me... There are no austerity measures.

Oh and Monk, ignore me if you like... I can handle freekicks...

Like my cockroach?

[Jovial_Monk]

This urgent need to stomp ’roaches! Crack–Squish!

[Jovial_Monk]

John Cunting Howard faced different circumstances! He also did not practice austerity! Privatisation, tax cuts, pork, feeding a housing boom—we are lucky we did not end up like Ireland and Greece! All the surpluses and asset sales got spent! Austerity—Howard? Take your medicine you fucking idiot and lunatic! He should have practiced some austerity, that would have kept the boom—and private sector debt—down.

[mellie]

John Cunting Howard faced different circumstances! He also did not practice austerity! Privatisation, tax cuts, pork, feeding a housing boom—we are lucky we did not end up like Ireland and Greece! All the surpluses and asset sales got spent! Austerity—Howard? Take your medicine you fucking idiot and lunatic! He should have practiced some austerity, that would have kept the boom—and private sector debt—down.

You are absolutely insane, do you recall what John Howard inherited from Paul Keating?

Hint: Not a surplus.




Keating left a $96 billion deficit, Howard left a $22 billion surplus...go figure!

[Rorschach]

Oh yeah everything got spent monkey Boy.

Except the future fund, and those savings that saved Labor during the not so global gfc.

tsk, tsk, tsk...
My question to you monk is do you lie all the time or are you just plain ignorant of the facts?
A bit of both maybe?

[Jovial_Monk]

That bit of debt was left from WWII plus what Treasurer Howard added to that. Keating faced a recession so spent to support jobs. When Howard came in recession was about over and the automatic stabilisers would have increased revenue flowing in to the Treasury coffers. Howard sold $90Bn worth of assets (at firesale prices!) to pay $70Bn debt.

Then the GST, the pause in building work, another terrified Howard backflip and the $15K FHOG started the housing boom. Once that was under way some austerity would have been good but the opposite was done—we still have the hangover from that now in the form of high private sector debt and austerity will make it hard for the private sector to keep paying off debt and build up savings, quite apart from the loss of confidence due rising joblessness.

[DaS Energy]

Hello Rorschach,

You be correct Freon was banned to save the Ozone layer.

[DaS Energy]

Hello mellie,
Please take a peek at the posting heading, "What the Coalition are doing to rebuild Australia" save your for spamming comments for other Labour lovers who love seeing us go without electricity. It would be nice if the Coalition allowed Australia to rebuild from a low or no Carbon emission cheap electricity basis, odd you have a problem with that!

[mantra]

Hello mellie,
Please take a peek at the posting heading, "What the Coalition are doing to rebuild Australia" save your for spamming comments for other Labour lovers who love seeing us go without electricity. It would be nice if the Coalition allowed Australia to rebuild from a low or no Carbon emission cheap electricity basis, odd you have a problem with that!

Don't worry about it DaS. You weren't spamming.

I learnt a little about geothermal years ago actually from Rorschach on this forum, but I remember the Howard government stopped funding it for some reason. I find it difficult to believe that Abbott would resume funding for it. Those who were trying to develop it at the time couldn't afford to continue without government support.

[mellie]

Hello mellie,
Please take a peek at the posting heading, "What the Coalition are doing to rebuild Australia" save your for spamming comments for other Labour lovers who love seeing us go without electricity. It would be nice if the Coalition allowed Australia to rebuild from a low or no Carbon emission cheap electricity basis, odd you have a problem with that!

I don’t have a problem with it I just don’t get it.

Perhaps you should start a new topic to explain this to us so we may understand what it is you are proposing.

Ps- Welcome to PA.