Are QF feeling the pinch?
And on the Australian debt front - How did that school hall, NBN and $800 handout fiasco work out
The facts as you describe them are lost on the neocons I fear.
They won't be happy and content until everybody except themselves live outside gated communities.
" trickle down economics"
What bull**** that is.
They won't be happy and content until everybody except themselves live outside gated communities.
" trickle down economics"
What bull**** that is.
Various world financial bodies praise Australia for avoiding the worst effects of the GFC. So the measures taken by the government (which were much more aggressive in terms of spending than the rest of the, now recession hit, world), assisted by the tail end of the mining boom, worked out well actually.
Post hoc ergo propter hoc.
Similarly V-Jet, because Rudd did something Australia didn't have a problem. Which is what the World Bank, IMF and OECD argue. I think I'll take their advice thank you very much.
China drove Australia to growth it hadnt seen in decades. Australian property prices kept rising around the country (except for new build mining towns they haven't really stopped) the dollar rose above parity in part because the RBA even had to -lift- rates necause of liquidity thrown into the Au system. Conversely in the US and UK house prices dropped by as much as 80% and cash was king, unless you saw it you wouldnt have believed it. Australians were told how bad it was but frankly had NO idea what was really going on elsewhere. But if you want to believe the biggest mining boom in our history had nothing on school halls, pink batts, the NBN, that lunatic $800 and that Rudd is the messiah and not an ego maniacal fool, go ahead, I'm not stopping you. He's convinced you spending your money to buy himself a UN presence was a good idea so you are certainly far happoer about things monetary than I am. I suffer with concerns about massive debt repayments - the insane USD$250m a WEEK in interest alone Australia throws away compounded by a falling dollar just as China is slowing (despite its own staggering debt binge) and the rest of the world stagnates and drowns in unrepayable debt.
I'd far rather be looking forward to higher taxes, low long term growth, bankruptcies and credit credit contraaction, but unfortunately I find those things a tadge depressing.
Of course the biggest concern I see for world growth (a far more accurate predictor than anything from the Rudd-like apparatchiks in Brussels) is the fact Qf has decided to think about recruiting again. Economists the world over are talented in achieving perfect rear vision. Reliable forward projections of major economic slowdowns are seemingly only achievable with close analysis of Qf pilot recruitment plans.
I'd far rather be looking forward to higher taxes, low long term growth, bankruptcies and credit credit contraaction, but unfortunately I find those things a tadge depressing.
Of course the biggest concern I see for world growth (a far more accurate predictor than anything from the Rudd-like apparatchiks in Brussels) is the fact Qf has decided to think about recruiting again. Economists the world over are talented in achieving perfect rear vision. Reliable forward projections of major economic slowdowns are seemingly only achievable with close analysis of Qf pilot recruitment plans.
Nunc est bibendum
....because Rudd did something Australia didn't have a problem.
On the subject of the school hall/800 payout by labour, which some may deem reckless spending, then how about Howard and his 5000 dollar Baby Bonus!!
Most of the money was spent at Harvey Norman, and this country will be paying the social costs for decades, of the increased birthrate of potentially unemployable people!
Standard unit....................spot on re "trickle down" economics!
Most of the money was spent at Harvey Norman, and this country will be paying the social costs for decades, of the increased birthrate of potentially unemployable people!
Standard unit....................spot on re "trickle down" economics!
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As you can see here compared to other countries our debt and defecit isn't all that high, and in a time of low to negative growth, such as we have experienced since 2008, it is hard, and arguably detrimental to the economy, to avoid such a circumstance.
According to the Treasury we are one of the lowest taxing nations in the OECD and we have the most targeted welfare systems. This means we are getting the money to the people who need it most.
Unlike the ridiculous handling of the economy that is going on now hey?
Oh this explains everything, you are a racist boomer. I will enjoy when your head implodes when we have an ALP government and a senate controlled by the Greens, Xenephon and other cross benchers and everything is fine.
According to the Treasury we are one of the lowest taxing nations in the OECD and we have the most targeted welfare systems. This means we are getting the money to the people who need it most.
Unlike the ridiculous handling of the economy that is going on now hey?
Oh this explains everything, you are a racist boomer. I will enjoy when your head implodes when we have an ALP government and a senate controlled by the Greens, Xenephon and other cross benchers and everything is fine.
Don't think you even know what racist means.
ALA is not racist & didn't say I was voting for them, but am sure they will get millions in the senate (you don't need many senate votes to get elected & could end up holding the balance of power).
If we end up with another hung senate after doubled election, what do we do, have another one ?
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Various world financial bodies praise Australia for avoiding the worst effects of the GFC. So the measures taken by the government (which were much more aggressive in terms of spending than the rest of the, now recession hit, world), assisted by the tail end of the mining boom, worked out well actually.
What an incredible waste of money.
yeh Harvey Norman & the God Guys did well, when they sold 1 million flat screen TV's with the $500 almost every family got.
What an incredible waste of money.
What an incredible waste of money.
http://www.dailytelegraph.com.au/new...-1111115959333
OUR WELFARE SYSTEM is a huge joke. Millions are getting welfare who shouldn't.
ALA is not racist & didn't say I was voting for them, but am sure they will get millions in the senate
ALA is not racist & didn't say I was voting for them, but am sure they will get millions in the senate
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Who are these millions?
And I do know some people who are not paying back their HECS HELP / FEE HELP debt for years as they have been working in overseas. Such a disgrace.
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there are something like 8 million people living in Australia on some form of welfare. No wonder the country is worse than broke. This federal budget should have been a very tough one, but with the election, in just over 2 months, it won't be.
In the mean time, nothing's happening & airlines continue to try & give seats away.
Just got an email saying $799 return SYD to NYC flying AA, codeshare with QF.
In the mean time, nothing's happening & airlines continue to try & give seats away.
Just got an email saying $799 return SYD to NYC flying AA, codeshare with QF.
Hey XPT check out on you tube, "the super rich and us" they call it the hour glass principle,
Middle class paying taxes and getting squeezed, below people on welfare, but dont forget to look up at the super rich paying no tax!
Middle class paying taxes and getting squeezed, below people on welfare, but dont forget to look up at the super rich paying no tax!
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Aaahhhh, politics and pprune doesn't get any better than this lol, now back to the topic, someone told me that the qf pilots will be supplied with RM boots? Good for RM Williams, give them quite a lot of orders.
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AA dumping seats in school holidays to USA
AA are now dumping seats to USA in Xmas school holidays.
MADNESS !!!
$1100 SYD, MEL & BNE to LAX return, all via SYD of course for departures from 9JAN.
The public will start to believe, that these are normal levels for school holidays.
So if a family wanted to go for a few weeks, they could just fit it in, before school starts back (obviously, there's some variation when school start back. Some as early as 23JAN, others as late as start of FEB)
Obviously U.S. carriers are the least popular way to get to USA from Australia(except maybe the long way via Asia).
United have always been the airline of last resort, but now AA have joined the fray.
Was talking to someone over long weekend, who didn't even realise that QF309/310 are actually AA operated flights.
Feel that QF must be selling some of these codeshared flights, to some ill-informed members of the public.
MADNESS !!!
$1100 SYD, MEL & BNE to LAX return, all via SYD of course for departures from 9JAN.
The public will start to believe, that these are normal levels for school holidays.
So if a family wanted to go for a few weeks, they could just fit it in, before school starts back (obviously, there's some variation when school start back. Some as early as 23JAN, others as late as start of FEB)
Obviously U.S. carriers are the least popular way to get to USA from Australia(except maybe the long way via Asia).
United have always been the airline of last resort, but now AA have joined the fray.
Was talking to someone over long weekend, who didn't even realise that QF309/310 are actually AA operated flights.
Feel that QF must be selling some of these codeshared flights, to some ill-informed members of the public.
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it's certainly a race to the bottom. Why would any airline bother selling $799 tickets to NYC return ?
Wouldn't it be better to leave seats empty ? Some poor travel agent has to try telling some punter, that $799 was a one off special & fares normally start at double or triple that.
Benchmarking is dangerous & it's then hard to get people to believe that the $3000 fare to NYC was NOT a ripoff.
Wouldn't it be better to leave seats empty ? Some poor travel agent has to try telling some punter, that $799 was a one off special & fares normally start at double or triple that.
Benchmarking is dangerous & it's then hard to get people to believe that the $3000 fare to NYC was NOT a ripoff.
On Qantas.com it says "operated by AA" but most punters ignore it.
Not sure about travel agents though.
