I'm not so sure about that Errol, the current government is abit of a problem. They seem hell bent on showing even $1 surplus and are willing to cut the entire workforce it seems to get there number lol
The alternative government isn't any better since they can't fund the policies they've announced. They're sitting on a huge black hole in their fantasy budget and still claiming they'd be better economic managers simply because they're from the "good economic managers" side of politics. It might be stating the bleeding obvious but maybe people will listen to the warning about the Australian economy if it's coming from JP Morgan.
They wouldn't have a black hole in their budget if Labor hadn't wasted $200 billion taxpayer dollars. Also, we don't know what the alternative government would be like because they are not in power. However the Liberal Party has a track record of stable government and economic prosperity. The current government has failed in every endeavour, torn down the nations robust borders and is a puppet to the Greens party. ANY government is better than this government.
Oh, they'd still have it. Tony Abbott keeps promising stuff and Joe Hockey can't make the numbers add up to pay for it all. Be careful what you wish for...
Yeah, but everyone wished for "any government but this government" when they kicked Howard out and elected Rudd in 2007.
Can anybody remember when the aus fed bank lost 25% of that years GDP while dealing fiat ,it was under Howard and just to prove non bias did it again recently under lab,
They say that if you find yourself on a dead horse, get off it. Australia got off a live horse and mounted a dead one that has turned into a zombie that walks into walls, trips over it's own feet and bites everything that comes near it including itself.
The excesses built up during the liberal years mostly. You can't party hard and drink a ton of alcohol without ending up with the after effects. Any govt is largely incompetent. During tougher times it becomes more obvious they can't do what they promise. When people are drunk they don't notice so much. All Howard did was turn on the easy credit taps. The labour govt don't have that option because Australian's are up to their necks in debt. Govt's don't have any ideas.
The Howard government left a surplus, they couldn't have been partying too hard.... Labor had a big party though - Chinese ceiling insulation, the rapidly failing NBN, School halls debacle, set top box expensive joke, massive pay rises for federal MP's, overseas travel pig trough, trashed the NT cattle industry, grocery watch, fuel watch, spending more money than any government in history on spin doctors, massively expensive failed green rebates schemes, "Green Start" & Green Loans" were epic failures, setting up a whole new Carbon Police bureaucracy to fine and jail business owners who pass on any increased costs from the tax, And, Labor's favourite and most used tactic - hundreds of millions of dollars in "consultancy fees" to their corporate sponsors as a back door way for funnelling public funds to their corporate friends. By July 2010 Rudd had already awarded 784 million dollars in consultancy fees. Sorry, the Howard government did not party like this.
Must be a joke Projack . Our current fools of a Labor government has spent our money like drunks or worse. In my business the cost of red tape has increased from can you believe it from $45,000 per year (2005) to wait for it ...............$136,000 (for last year). That cost is to fulfil regulation so I can stay in business. This is not insurance or any tax on earnings - this is straight autocracy. I cant wait for the flood and carbon tax and other harebrained schemes conjured up by our red haired she dragon and her minions, to bite.
I actually blame Howard for not stepping aside and giving Costello a go. He would have been a good PM in my opinion
A petulant son/daughter is complaining that they don't have anything and aren't enjoying life. The father gives them a credit-card with a huge limit. They go out spending and enjoying their life. That makes the father a "good economic manager"? The prosperity of the last decade was all DEBT. That's how people afforded things. They were bribed through things like the FHOG and artificially low interest rates. Because they bought things with the credit people had jobs. Now they are heavily indebted. It's not hard to figure out. EDIT: the rest of the stuff you describe is just trash that all govt's do.
