Is Australia in a recession?

Discussion in 'Markets & Economies' started by TheEnd, Jul 15, 2013.

  1. TheEnd

    TheEnd Well-Known Member

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    Excellent review Julie W, EXCELLENT! Now I know why my parents have ALWAYS voted for the Liberals their whole lives..
     
  2. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    The whole video reads like an operations manual for the Labor party policy agenda. Keep 'em poor and keep em voting for us!
     
  3. TheEnd

    TheEnd Well-Known Member

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    Bloody scarey actually....And I was in the union at my last job.....having second thoughts now?
     
  4. JulieW

    JulieW Well-Known Member Silver Stacker

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    I think that video outlines very well the format of the Statist ponzi scheme whereby you create a giant class of bureaucrats serving a giant class of social service recipients in order to maintain your elitist position. Trouble is, as the old witch said, 'eventually you run out of other people's money' - which of course is the current problem around the world.

    As for it being pro or con on either Labs or Libs, the figures show they were both equally culpable in creating an unserviceable future debt populated by fat cat public servants and unsustainable numbers of social service recipients.

    When I was at school, the Public Service was seen as a dead end job that paid peanuts but which was very secure. Somewhere along the line they placed that definition on the private sector minus the security.
     
  5. TheEnd

    TheEnd Well-Known Member

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    Ye I don't know who i'm going to vote for in September now.....def not Labor after seeing your vid Julie.
     
  6. volrathy

    volrathy Active Member

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    [​IMG]

    We are in for a huge pop arent we when we correct to US levels
     
  7. clubman

    clubman Member

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    CPI up 2.4% y-y...
     

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