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THE CLIMATE CHANGE MYTH that Julia wants us all to pay for
THE CLIMATE CHANGE MYTH that Julia wants us all to pay for
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where does the $36 billion (Liberals figures) to repeal the carbon tax and mining tax come from???
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It will cost - no doubting that.
But does that justify sucking it up and accepting this flawed tax - the world's biggest? No way. This tax is a bad tax, it's an attack on our way of life. We know Labor have made it a tangled mess to unwind - but it WILL be rescinded. It must be fought and it WILL be repealed if the Coalition form government. Naturally, the Coalitions costing's will be presented closer to the next election - unlike Labor in Opposition in 2007 who submitted their costings at 10pm on Election eve  |
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Maybe they can use the same catering company they used to cost Naru.
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 Time to get Australia back on track  |
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looks like he has packed into a few too many scums!!!
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Has anyone got around to explaining the libs 70 billion dollar black hole.It takes money to run a car/a houshold/a business and even a country.Labor has a mining/carbon tax to pay its way....what do the libs have (15 % GST ANYONE ?).just wondering ...........CHEERS BIG EARS !
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I think it's better then the 180 billion the current government will leave for us to pay.Plus that figure is only used the Labor members is it not?
Essentially what this current government is doing is destroying the middle class,essentially eliminating future competition business. The road we are on now will lead to a recession in this country with untold consequences. 20 billion to 200billion in 4 years. How can we lose billions each year despite a strong economy,more jobs ? What are they doing with the money How can anyone support this government. Get behind Rising Up Australia Oh yea don't forget the same people who said Iceland were in good shape are saying the same thing about us. |
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Well said.
Julia,you are helping destroy the Australian culture,my culture. Sydney is becoming more and more dangerous thanks to Julia. There will be no Carbon Tax under my government. |
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Friday, 10 February 2012
Nostalgianomics and the ongoing rewriting of economic history by Bernard Keane Extract... I suggested the other week that the Coalition had embarked on a course of nostalgianomics, an economic policy based on a magic reversion to the “golden age of reform and prosperity” under John Howard. Yesterday Joe Hockey, responding to Wayne Swan’s statement on the economy, elaborated on the theme. For a long while it’s been normal for the Coalition to play down the global financial crisis as a way of undermining Labor’s claims have to handled it well, and argue that subsequent deficits are not the result of efforts to save jobs, or the impact of the crisis on tax revenue, but because Labor has a pathological need to waste money. In the Coalition’s version of recent economic history, certainly in the form relayed by Tony Abbott last week, there was no financial crisis at all. The key event of recent times was the election of the Rudd government, which singlehandedly brought the golden age to a juddering halt by spending too much. Moreover, they spent it so badly that somehow, defying all economic laws, the money completely vanished, because there hasn’t been any jobs growth in the past 12 months. Almost as if Kevin Rudd and Julia Gillard and Swan heaped billions of dollars into a giant bonfire in the Prime Minister’s courtyard and burnt the lot. I’d call such a rewriting of history “Orwellian”, or even “Stalinist” if I was tempted to risk a reverse Godwin’s Law (you know who else claimed there wasn’t a financial crisis?), but it’s actually fairly standard politics, particularly from an opposition that for a long time now has been trashing its own economic credibility. Yesterday Hockey went further, not merely failing to mention the events of 2008-09 at all — the government’s stimulus programs were instead “the greatest waste of taxpayers’ money in modern Australian history” — but offering an alternative account in which it was the Howard government that had handled the real economic crises. Hockey dwelt at length on the Asian financial crisis, then threw in the tech wreck (“which led to a near-recession in the developed world”) and the drought as evidence that the Howard government was the real economic crisis manager. “We guided Australia through those difficult episodes with a sure hand and sound policies that were consistent.” One hopes Hockey doesn’t seriously believe that the Asian financial crisis is comparable to the events of 2008-09, that financial crises in Thailand, Indonesia, Malaysia and Korea, and subsequent crises in Russia and Brazil, were equivalent to the systemic threats in the very heart of modern capitalism. Surely he doesn’t think, say, that the bailout of Long Term Capital Management was comparable to the bailouts of Bear Stearns, Goldman Sachs, Morgan Stanley, Citigroup, AIG, Bank of America and the collapse of Lehman Brothers or the dispatch of Merrill Lynch. One hopes he doesn’t seriously think the “near recession” after the tech wreck was comparable to the recession across Europe and the United States that is still unfolding years later. ....................................... Just more lies and re-writing of what actually happened with the GFC and how Labor's handling of it with the stimulus is actually why our economy is the envy of the world. EvenAbbott agrees with that statement.... NOW HERE'S WHAT TONY ABBOTT REALLY KNOWS/BELIEVES ABOUT THE AUSTRALIAN ECONOMY TONY ABBOTT IN ENGLAND NOV 2011 Our net government debt, Commonwealth and state, about 8 per cent of GDP; our collective budget deficits just under four per cent of GDP and net interest payments just under 2 per cent of government outlays. On the face of this comparative performance, Australia has serious bragging rights. Compared to most developed countries, our economic circumstances are enviable. .................................. ENVY OF THE WORLD...SERIOUS BRAGGING RIGHTS Labor have got the Australian Economy to be the ENVY OF THE WORLD BRAGGING RIGHTS. Yet in Australia he talks it down every day, relentlessly seeking out any Liberal Voting Company Directors and pleading with them if they have to announce any lay-off's he will be there to cut the ribbon. Praying for more companies to sack people, and for Europe's woes to hit us.  |
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Sidey don't forget $140 billion of that is reduced tax take - both sides would've faced that
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Where it gets offensive is McCrann’s suggestion that the spending was purely because Labor just likes to spend.
McCrann, other conservative economists such as Henry Ergas, News Ltd and the Coalition want to rewrite history about the GFC, and pretend that Labor’s decisions to ramp up spending in 2008-09 and 2009-10 were somehow unrelated to how Australia weathered that storm. In fact, they were fundamental to Australia withstanding the global shocks. And they are the reasons tens of thousands of Australians, maybe hundreds of thousands of Australians, kept their jobs. This may seem obvious to a lot of people, but there is a persistent campaign to mislead people into thinking they had nothing to do with it. Extract from Crikey.com The rewriting of our fiscal history by Bernard Keane |
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they did great AFL
looks like Treasury have got their forecast wrong and no - it doesn't mean Jez's 100% increase in power bills is correct http://www.theage.com.au/victoria/power-bills-up-85pc--and-thats-the-good-news-20120417-1x5ol.html Power bills up 8.5pc - and that's the good news Adam Morton April 18, 2012 VICTORIANS will pay 8.5 per cent more for their electricity as a result of the carbon price - less than estimated by the federal government - according to research billed as the most thorough investigation of Australia's climate change laws. A study by the University of Queensland found Victorians faced a significant increase in household power bills from July 1 but a smaller hike than the 8.9 per cent average across the five eastern states linked through the National Electricity Market. The projections come from ''massive hour-by-hour, real-time supercomputer modelling'' simulating behaviour of power generators, traders and consumers in the past three years and factoring in the carbon price of $23 per tonne of emissions. It suggested the national impact will be less than the 10 per cent increase estimated by Treasury. Advertisement: Story continues below It also challenged the Victorian government's claim that the state would be hardest hit due to its reliance on brown coal, finding Queensland (10.4 per cent) faced a higher initial price hike. For an average Victorian household, the carbon price would be expected to boost the annual cost of electricity by about $125, or $2.40 a week. The federal government says two-thirds of households will be fully compensated and eight out of nine will get some help through income tax cuts and increased welfare payments. New South Wales (8.7 per cent) and South Australia (8.6 per cent) are expected to face similar price rises to Victoria, while Tasmania - which runs predominantly on clean hydroelectricity - is expected to pay just 3.8 per cent more. The modelling found Victoria faced a smaller rise than Queensland in part because its brown coal generators would absorb more of the carbon price than the black coal generators in northern states. Victorian power stations are expected to receive about 97 per cent of $5.5 billion compensation available to the energy sector. John Foster, of the University of Queensland's Global Change Institute, said its carbon price modelling was the most thorough available. But he said price rises due to the carbon price may ultimately be less than projected given the ''incredible slack in the system'' - opportunities to limit the impact of the price through improving energy efficiency. ''I think people will start economising a lot more when the price comes in,'' Professor Foster said. ''There are an awful lot of economists around that are arguing that the increased costs are just going to be passed on and nobody's going to do anything about it. That's inconceivable … you would expect behaviour to change.'' Energy Retailers Association of Australia chief executive Cameron O'Reilly said the impact of the carbon price was extraordinarily complex and almost impossible to model with a high degree of confidence. But he said on average Victorians were likely to be affected less than people in other states because they use less electricity and more natural gas, which has lower greenhouse emissions. ''It's difficult to be precise, but clearly, as this study indicates, there will be regional differences,'' Mr O'Reilly said. The introduction of the carbon price follows a 40 per cent increase in electricity prices over the past five years. amorton@theage.com.au Read more: http://www.theage.com.au/victoria/power-bills-up-85pc--and-thats-the-good-news-20120417-1x5ol.html#ixzz1sKyvOE47 |
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Compare that to the GST.
Which Abbott will increase as his get out clause. |
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"Essentially what this current government is doing is destroying the middle class,essentially eliminating future competition business. The road we are on now will lead to a recession in this country with untold consequences."
outside the mining industry the country is already in recession. When china slows to under 6% and demand for resources reduces { don't say it wont- RIO yesterday released a fall in production of iron ore}, OZ will be left with what exactly? Shops closing, real estate falling,electricity at exorbitant levels, manufacturing moving to new zealand, the list gets longer everyday. |
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CR@P
HTH....  |
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I doubt this country is in a recession, How many houses were foreclosed,Have NRL/AFL Attendances dropped off?
AFL is the country is in great shape why do we continue to borrow such astronomical amounts of money on a daily basis. It only took 20years to make a super powerhouse called the US broke. They've been in 4. Elected one more term and we may be in debt we will never recover. If they borrow so heavy why don't they tax the Federal Reserve so we never go in debt or even get rid of it..It Has No Purpose. |
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NM....if the country is in such a bad financial state as Abbott and the LIBS and yourself and MrBen keep telling us since the last election....
Then why did Abbott tell the world in London the following statement? TONY ABBOTT IN ENGLAND NOV 2011 Our net government debt, Commonwealth and state, about 8 per cent of GDP; our collective budget deficits just under four per cent of GDP and net interest payments just under 2 per cent of government outlays. On the face of this comparative performance, [b]Australia has serious bragging rights. Compared to most developed countries, our economic circumstances are enviable. |
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Who knows?? that's a complex question there could be a thousand reasons or one. Maybe he's shoving it in the bankers face? maybe he did it for this reason maybe that but like I said it's too complex and out of my area unless I knew the man.
Again, despite the economy being good,increased,being this and that why does the government continue to borrow effectively taking 2steps back and 1 forward. |
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WE went into deficit to avoid the GFC by stimulating the economy, and guess what.......it worked..... it created thousands of jobs and stimulated the retail sector........and we avoided the GFC. We are now moving to a surplus.
Labor's stimulus package and the effects of it have been reconised around the world as the country that responded to the threat of the GFC better than any other country. The accolades keep coming from around the world for the way Swan and Labor handled the threat of the GFC. The LIBS opposed the stimulus every step of the way, and they were proved wrong in every respect, because Labor ignored their objections to the stimulus and the timing and the depth of the stimulus. The LIBS just cant stand the facts that Swan and Labor kept us from recession and the GFC, and if they had followed the Libs advice we would have done exactly what Abbott and the Libs wanted...and that was for Labor to pull the wrong strings and send us into a recession. |
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What a joke.....he said it in London because he can't get away with the B/S he spreads here on the world stage...
where if he tried his B/S on...... he would have been questioned why he had such a bad view of Australia's economy when it is a fact that we have the best running economy in the world? |
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But that doesn't stop wrecker ABBOTT and the LIBS from denouncing our economy as if we are in a recession, and talking it down at every opportunity, trying to uder-mine consumer confidence.....
THEY ACTUALLY WANT US TO FALL INTO A RECESSION. |
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First of all, MrBen may be a Green politician in disguise with his fear posts,who knows?
We're giving the stimulus package back with new taxes,tax smokes and alcohol so people turn to other choices? Don't we have the right to choose what we put in our bodys..Next they'll be a tax on KFC Chicken. If you borrow 100million a day how can a country go into a recession? What if you borrowed that amount for 10 years the question would be how do we avoid a recession. How is new taxes a good thing? Taxing alco and smokes..Next they'll be taxing a Big Mac You cant bullsh1t on the world stage? America do it all the time,France,Britain. The "Gold Dinar" is a good example. |
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Australia has the strongest economy in the developed world and it is expected to outperform all comers for at least the next two years, according to the International Monetary Fund.
The Treasurer, Wayne Swan, said this update is consistent with the reasons he has given for bringing the budget back to surplus, and criticised Tony Abbott for "talking down the economy". The IMF - which issued its World Economic Outlook in Washington overnight - said it expected the Australian economy to expand by 3 per cent this year as fiscal tensions from Europe and the United States continue to ease. Advertisement: Story continues below The body stated that after a major setback last year with the Eurozone crisis, the global prospect of far more stable financial conditions was gradually improving. The update said that it expects the Australian economy will outstrip growth over all other advanced economies over the next two years, noting we live in a region where exposure to troubled European banks was less than for other parts of the world. But it also warned that Australia was exposed to risk if economic conditions in the Middle East caused another oil price spike. The organisation revised up its global growth forecasts, with the global economy expected to grow by 3.5 per cent in 2012, up from 3.3 per cent in the January update. A forecast of global growth of 4.1 per cent in 2013 has also been revised up from 3.9 per cent. Global growth continues to be underpinned by solid growth in Asia, the report said. China's economy was expected to grow 8.2 per cent in 2012 and 8.8 per cent in 2013, while India was expected to grow 6.9 per cent in 2012 and 7.3 per cent in 2013. These forecasts were broadly unchanged from the IMF's January update. Mr Swan will attend a meeting of the G20 finance ministers in Washington this weekend, with appointments scheduled with IMF managing director Christine Lagarde, the outgoing president of the World Bank, Robert Zoellick, and the chairman of the US Federal Reserve, Ben Bernanke. Mr Swan said the latest global outlook update was consistent with the reasons he had consistently given for bringing the budget back to surplus. "The IMF also forecasts Australia's unemployment rate to remain low at 5.2 per cent in both 2012 and 2013," he said. "With solid growth, low unemployment, contained inflation, strong public finances and a record pipeline of business investment, the Australian economy is the standout performer of the developed world." Mr Swan said that the chance of the Reserve Bank cutting interest rates was greatly increased by a budget surplus. "The IMF's confirmation of Australia's strong economic fundamentals - with solid growth and low unemployment - further underscores the importance of returning the budget to surplus, and giving the Reserve Bank maximum flexibility to cut interest rates if it considers that is necessary," he said. The government has hit out at Opposition leader Tony Abbott for ''getting it wrong'' on the IMF growth forecasts. During a morning doorstop, Mr Abbott said the IMF report showed the local economy was ''underperforming'', as they had downgraded the economic growth forecast. ''It forecasts 3 per cent for the current financial year and it looks like we are going to get 2 per cent,'' Mr Abbott said. ''This is an underperforming economy and it's underperforming because of the poor economic management of the current government.'' But Mr Abbott's assertion was not correct, according to a spokesman for the Treasurer, who said the growth forecast of 3 per cent in 2012 had been the same since the start of the year. Mr Swan tweeted from the tarmac before taking off for Washington that it was ''crucial Tony Abbott stops talking down the Aussie economy – describing us as 'underperforming' despite big tick from IMF this morning''. |
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What good is growth if our country is in debt
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Smokes and Alcohol not only cause damage to the user but have the potential to cause damage to non users as well. The cost to the Health System through all the associated effects of these is huge and Taxing them works in lessening their use and helps off set the cost to the health system.
You ask....don't we have a right to choose what we put in our bodies? None of these measures take away that right. Get over it or give up. IMO |
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Great stuff Ted.....but we are telling them what the they don't want to hear.
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NM....WE ARE RETURNING TO SURPLUS.....WE WILL NOT BE IN DEBT WITHIN A FEW MONTHS
THE SURPLUS THE LIBERAL PARTY AND ABBOTT DON'T WANT LABOR TO ACHIEVE WHEN WE ACHIEVE IT.....WATCH THE LIBS AND MURDOCH TALK IT DOWN .....AND SAY OHHH IT'S ONLY A SMALL ONE. WHAT ARE YOU GOING TO WHINGE ABOUT THEN??????? |
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Foolishness and Greed are short sighted.
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Remember
"There will be no Carbon Tax" I'll believe it when I see it |
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Finished debating the economy........Have we?????/
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Like I posted earlier,
Foolishness and Greed are short sighted. |
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Denial and Stubbornness are Long-sighted.
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Denial of what exactly?
You're jumping the gun The IMF have a history of being WRONG. Just like our treasurer can never get the figures right? History will prove me right. |
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You can't or don't want to see what is directly in front of you.
Deny Global Warming Deny Our Financial position is the envy of the world. OR just too stubborn to admit them. |
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I've defined my little play on words
Now you define yours. |
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I'll give you the foolishness.
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You're responding very fast now..No more goggling?
You cannot show proof to Global Warming in fact no pro-global warming can. The site you were getting your answers from I revealed as fraudulent and misleading due to insufficient evidence and mega funding by the Government wanting bad results. You're comparing A country against countries that governments have borrowed and borrowed money,What is our country currently doing? Remember History,Yes all Economy's GREW before A RECESSION. Oh and Swan is promising a surplus? You said "we are returning to surplus" You once again, Are A Sheep. |
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I'd rather be a sheep than a Dag.
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I've defined my little play on words
Now you define yours. |