Merged: The Great Budget Debate.......
Join Date: Mar 2009
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Comparison
Deficit as a % of GDP
1.Australia 13%
2.Canada 24%
3.USA 70%
4.UK 42%
5.Japan 49%
Gee how could K.Rudd get it so wrong.
Isn't bigger better?
Source: ABC Lateline
1.Australia 13%
2.Canada 24%
3.USA 70%
4.UK 42%
5.Japan 49%
Gee how could K.Rudd get it so wrong.
Isn't bigger better?
Source: ABC Lateline
Join Date: May 2004
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...well Charlie, you were obviously as drunk as a skunk last night, so we all let you sleep it off! 
Feeling better now, are we?
PS: Red wine is a killer at night when you're posting on Prune!
I speak from experience!
Feeling better now, are we?
PS: Red wine is a killer at night when you're posting on Prune!
I speak from experience!
Join Date: Mar 2002
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" Wot Obie said! "
Seems to have shut Charlie the drunken dog up!
Life's a bitch Charles, Isn't it?
Oops! Sorry, shouldn't have said that.
I mean, you don't play rugby, do you?
Seems to have shut Charlie the drunken dog up!
Life's a bitch Charles, Isn't it?
Oops! Sorry, shouldn't have said that.
I mean, you don't play rugby, do you?
Join Date: Mar 2005
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2007: The costs of the Pacific Solution emerge
A report, A Price Too High: Australia's Approach to Asylum Seekers, found that:
• The Pacific Solution cost the Australian taxpayer in excess of $1 billion over five years.
• It cost more than $500,000 per person to process them on Manus Island, Christmas Island or Nauru.
• It costs seven times more to process asylum seekers on Pacific islands than if it was done on the Australian mainland.
• The Pacific Solution failed to reduce the number of people arriving.
That was money well spent...... $1 billion dollars..... $500,000 per person...
A report, A Price Too High: Australia's Approach to Asylum Seekers, found that:
• The Pacific Solution cost the Australian taxpayer in excess of $1 billion over five years.
• It cost more than $500,000 per person to process them on Manus Island, Christmas Island or Nauru.
• It costs seven times more to process asylum seekers on Pacific islands than if it was done on the Australian mainland.
• The Pacific Solution failed to reduce the number of people arriving.
That was money well spent...... $1 billion dollars..... $500,000 per person...
...And bullets cost .50c each.
joe.
Not that I expected much anyway,but....after watching the budget reply tonight I can honestly say I have never seen a half hour show like it that said absolutely nothing. The only $ item mentioned was to put smokes up by 3c each to keep the medical fund rebate.
What a waste of space the opposition is.
What a waste of space the opposition is.
Join Date: Oct 2007
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Jeez Joe thats a bit off. I mean these people are just looking for a new home, yeah ok, they didn't arrive in Indonesia by donkey, just on a 747, but hey why pay 10,000 grand to go on a leaky boat, when you can lower your standards a bit and go on a QF flight for just 700 bucks. With a gerry passport you will get through, (wear stubbies, thongs, and t shirt saying " go doggies," a walk in the park mate. 
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...well Charlie, you were obviously as drunk as a skunk last night, so we all let you sleep it off!
Feeling better now, are we?
PS: Red wine is a killer at night when you're posting on Prune!
I speak from experience!
Feeling better now, are we?
PS: Red wine is a killer at night when you're posting on Prune!
I speak from experience!
.
Join Date: Oct 2007
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Mostlytossers, lets hope they are not a waste of space, because we are in deep sh$t if this other mob goes two turns, they will probably call a early election, as you can only fool some of the people some of the time etc etc, they will win of course, but with a reduced majority as the thinkers not the takers start to become uneasy, and then will be tossed out in the following election after even the takers have had enough, and we are up to our necks in debt, as are the kids and grandkids to follow, this mob make Gough look like a miser, and I never thought I would say that in my lifetime.
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Yeah up to our necks in debt, hmm, sorry but if debt to ratio of GDP is 13% then its the same as an individual on say 50k annual salary, harbouring a loan of $6500. I mean please, this debt scare mongering is beyond a joke. The vast majority of Australians are running at massive deficits if thats the case! So many crapping on about debt when they themselves are heavily indebted, quite funny really!
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Mostlytossers, lets hope they are not a waste of space, because we are in deep sh$t if this other mob goes two turns, they will probably call a early election, as you can only fool some of the people some of the time etc etc, they will win of course, but with a reduced majority as the thinkers not the takers start to become uneasy, and then will be tossed out in the following election after even the takers have had enough, and we are up to our necks in debt, as are the kids and grandkids to follow, this mob make Gough look like a miser, and I never thought I would say that in my lifetime.
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Had a maths teacher at school who always came up with this quote... "You can make some of the people happy all of the time, all of the people happy some of the time, but you can't make all of the people happy, all of the time!"
...And so it is with politics... Live with it folks... I'm sure most of you are out of nappies, so you've got no excuse!
...by the way, relevance to aviation is that the maths teacher flew fighters in WWII.
...And so it is with politics... Live with it folks... I'm sure most of you are out of nappies, so you've got no excuse!
...by the way, relevance to aviation is that the maths teacher flew fighters in WWII.
Join Date: May 2008
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I cannot see the liberals do any better job then the labour is at the moment. However, I cannot say labour is doing a good job either, probably just as bad. Australia is heading down into the slippery slide of recession and this budget clearly shows labour has no f clue what they are doing.
It is only a matter of time until the blackhole sucks everyone in.
It is only a matter of time until the blackhole sucks everyone in.
Australia has lived well beyond its means for years. Massive inefficient government and welfare so generous its not worth working. Got away with it during the boom years, now the chickens have come home to roost.
All the previous largess has to be paid for, hundreds of thousands of people in useless paper pushing non-jobs in the public service "entitled" to a gold plated retirement along with the politicians. Whole generations of families on welfare who wouldn't even think about getting a job and expect to be kept at a higher standard of living than those in work.
A shrinking number of productive people expected to keep the gravy train rolling with ridiculous tax levels.
Where I now live, the government used a small percentage of its vast reserves to tide it over. Reserves built up over the years through prudent financial management, efficient government, and not doleing out money from those who want to work to those who don't.
Unfortunately the obvious solution of fixing the system can't be done because there are too many vested interests in keeping things as they are.
No wonder so many of us are going abroad, that is skilled high income earners. The refugees and assylum seekers replacing us aren't benefiting the country to the extent we did.
All the previous largess has to be paid for, hundreds of thousands of people in useless paper pushing non-jobs in the public service "entitled" to a gold plated retirement along with the politicians. Whole generations of families on welfare who wouldn't even think about getting a job and expect to be kept at a higher standard of living than those in work.
A shrinking number of productive people expected to keep the gravy train rolling with ridiculous tax levels.
Where I now live, the government used a small percentage of its vast reserves to tide it over. Reserves built up over the years through prudent financial management, efficient government, and not doleing out money from those who want to work to those who don't.
Unfortunately the obvious solution of fixing the system can't be done because there are too many vested interests in keeping things as they are.
No wonder so many of us are going abroad, that is skilled high income earners. The refugees and assylum seekers replacing us aren't benefiting the country to the extent we did.
Deficit as a % of GDP
1.Australia 13%
2.Canada 24%
3.USA 70%
4.UK 42%
5.Japan 49%
Gee how could K.Rudd get it so wrong.
Isn't bigger better?
Source: ABC Lateline
1.Australia 13%
2.Canada 24%
3.USA 70%
4.UK 42%
5.Japan 49%
Gee how could K.Rudd get it so wrong.
Isn't bigger better?
Source: ABC Lateline
I get very concerned when politicians go on a spending spree with my money, often to fulfill their political or philosophical adgenda. Do we really need the biggest Defense spending since World War II when Australia is withdrawing from current conflict zones?
Has the government got it right regarding a recession? I'm not so sure; in my rather large part of rural Australia, economic development is running at 9.8% per annum - rivalling China's rate of economic growth - and regional unemployment is 1.7% and dropping.
From the ABS web site, for April 2009:
EMPLOYMENT: increased by 27,300 to 10,798,900. Full-time employment increased by 49,100 to 7,672,700 and part-time employment decreased by 21,800 to 3,126,200.
UNEMPLOYMENT: decreased by 35,300 to 614,600. The number of persons looking for full-time work decreased by 17,800 to 443,500 and the number of persons looking for part-time work decreased by 17,400 to 171,100.
UNEMPLOYMENT RATE: decreased by 0.3 percentage points to 5.4%. The male unemployment rate decreased by 0.2 percentage points to 5.5%, and the female unemployment rate decreased by 0.4 percentage points to 5.3%.
UNEMPLOYMENT: decreased by 35,300 to 614,600. The number of persons looking for full-time work decreased by 17,800 to 443,500 and the number of persons looking for part-time work decreased by 17,400 to 171,100.
UNEMPLOYMENT RATE: decreased by 0.3 percentage points to 5.4%. The male unemployment rate decreased by 0.2 percentage points to 5.5%, and the female unemployment rate decreased by 0.4 percentage points to 5.3%.
I am seriously concerned whether my money is being spent wisely and questioning whether this is perhaps, the Budget Deficit we did not really need to have???
Move this or lock this thread Mr. Moderator
As tailwheel has demonstrated in the past by locking or moving non aviation related thread this one needs his attention.
Whilst it is a hot topic it has nothing to directly do with aviation and if the Mod shows any consistency he will lock or move it.
Or perhaps he won't as he started the thread and it might seem to have been a conflict of interest if he did but It WILL be a conflict of interest if he does not..
A bit of consistency is sorely needed in my opinion.
Whilst it is a hot topic it has nothing to directly do with aviation and if the Mod shows any consistency he will lock or move it.
Or perhaps he won't as he started the thread and it might seem to have been a conflict of interest if he did but It WILL be a conflict of interest if he does not..
A bit of consistency is sorely needed in my opinion.
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Why?
Why is a budget deficit bad ?
Households,businesses,private individuals borrow money.
So whats the big deal.?
The imbalance between what is imported and what is exported should be more of a concern.
Collectively how much do corporations have outstanding in foreign borrowings.?
Australian Banks have always source capital from foreign sources.
Governments are well able to service debt.Particularly once the economy improves and revenues return to normal.
Households,businesses,private individuals borrow money.
So whats the big deal.?
The imbalance between what is imported and what is exported should be more of a concern.
Collectively how much do corporations have outstanding in foreign borrowings.?
Australian Banks have always source capital from foreign sources.
Governments are well able to service debt.Particularly once the economy improves and revenues return to normal.