Tony Abbott achieves the impossible: unity among economists
Economists are refuting the three big picture claims made by the government: 1) We have a budget emergency 2) We have a debt crisis and 3) The carbon tax was ruining the economy
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LNP government. |
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maccamax
Champion Joined: 18 Jun 2010 Status: Offline Points: 41473 |
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Real Estate up nicely 10% since the LNP came in. Canberra down .5%.
Insecure Public Servant jobs there. I know Questions made you people aware of the across the board improvements but you ignore that fact to go playing with silly things like Abbotts inability to speak. Joe getting a quid out of writing crime fiction. We are falling apart . 50 minutes for me to get a copper , send the bikies home and free up essential services for the mad ladies . That's a lot of coppers. |
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maccamax
Champion Joined: 18 Jun 2010 Status: Offline Points: 41473 |
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Yeah , where's SCAMANDA .
Saw the polls and Shot himself. [ I mean shxt himself ] No one missed a good LNP man but rave for a week when a hopeless Labor clot goes missing. Where are you Fiddles. |
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The Polar Bear Waltz
Champion Joined: 05 Jan 2010 Location: Van Diemans L. Status: Offline Points: 1486 |
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Very unlike you to give the gardener credit for trimming a ladies hedges Macca?
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Our strawberries seem to go best with manure on them.
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maccamax
Champion Joined: 18 Jun 2010 Status: Offline Points: 41473 |
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I was talking my way out of what a lot of men fear. False Allegations of a Mad Woman . [ most are sane and beautiful ] . One is lucky when the statements are so way out and plainly from a deranged. But the danger is always there. Used to be a fear of Male Nurses one time for good reason . Think those days are gone , hopefully. |
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Go Flash Go
Champion Joined: 08 Mar 2007 Location: Victoria Status: Offline Points: 10250 |
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Get yself a good lawyer Macca they're worth it if instructed well (and an Intervention Order if you can)
Was supporting my sister in court earlier this week to get an extension on one against someone who's actions over the last year have all been based on false allegations. The lawyers (on both sides) sort that stuff out really well, a lot of it even before getting to the Judge. These aggressive people won't listen to reason especially if they think for whatever reason you're a pushover. Seeing The Force helps - a lot. You don't need that crap at your age. |
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ExceedAndExcel
Champion Joined: 20 Dec 2008 Status: Offline Points: 16245 |
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Only up 10%?? Weren't you telling us Brisbane house prices had risen "at least 15%" in the January & February period alone? What happened? Oh that's right, you haven't got a clue! |
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Whale
Champion Joined: 01 Jun 2009 Location: St Kilda Beach Status: Offline Points: 38719 |
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http://www.businessspectator.com.au/article/2014/7/23/australian-news/three-forces-pushing-australia-towards-recession |
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maccamax
Champion Joined: 18 Jun 2010 Status: Offline Points: 41473 |
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E and E . I do admit that spurt was very short lived around here.
Slowly does it is better for the economy I expect. Avoid that boom and bust cycles we have had for so many years. Whale . Good article that and makes sense . I'm even concerned with our imploding world . Still better to be in Real Estate as everyone needs a roof over their head. I see a problem with Governments steering people to the rental market from Public housing. That way the investors have the tenants from hell damage to deal with. So many of them now too. |
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maccamax
Champion Joined: 18 Jun 2010 Status: Offline Points: 41473 |
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Your not wrong FLASH. So much insanity in the community and no where to house them anymore. . The law of the jungle is about the only result you will get. Police are about recorded messages and show little concerns . One said to me "It's not the crime of the century " I said "YOUR NOT IN YOUR 80's"
LUV IT. If its life threatening hold the line . If not dial 234470 who will tell you where to dial your nearest unattended Station. If you are all ready dead , why are you wasting our precious time. |
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Browndog
Moderator Group Joined: 30 Oct 2009 Location: Brunswick Hds N Status: Offline Points: 35559 |
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Ocean imprisonment to end for 157 asylum seekers on Customs boat, with all to be transferred to Australian mainlandThe government’s stretch of six months without an asylum seeker boat passenger arriving in Australia is set to end, as 157 Tamils who have spent four weeks in limbo aboard the Customs Ocean Protector will be brought to the Australian mainland on Saturday. Fairfax Media understands a SkyTraders Airbus A320 has been booked to travel from Cocos Island to Curtin detention centre in north Western Australia on Saturday. Immigration Minister Scott Morrison confirmed at a press conference on Friday afternoon the 157 passengers will be sent to Australia. Read more: http://www.smh.com.au/federal-politics/political-news/ocean-imprisonment-to-end-for-157-asylum-seekers-on-customs-boat-with-all-to-be-transferred-to-australian-mainland-20140725-3ck0q.html#ixzz38SXsXOjF |
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Browndog
Moderator Group Joined: 30 Oct 2009 Location: Brunswick Hds N Status: Offline Points: 35559 |
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Hey maxie, I hope you haven't been rorting a seniors card. Tone and Joe are on your case if you are.
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questions
Champion Joined: 20 Feb 2007 Location: Australia Status: Offline Points: 9858 |
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i feel bad for people that read and believe these articles. they are written to feed fear and they are right every 10 to 15 years. the problem is that for those first 10 years, you get good times in the economy and get healthy returns, then those people that have been predicting the world is going to end, also jump in and really push up the prices of houses and shares, then the market is over inflated and their is a crash where they lose big but those that have been in for 15 years realise that this is a stablisation and probably took some of the table to protect themselves and had repsectable cash ratios. those people that try to catch up and get caught up in getting over leveraged are the ones that lose big and then spend the next 10 years feeding of these such articles. i do feel bad for them and i then again, i profit on it. so keep them coming.
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"it's not gambling if you're absolutely sure you're gonna win" Barney Stinson
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3blindmice
Champion Joined: 22 Oct 2012 Status: Offline Points: 18105 |
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Would have thought a man with your grovelling skills would be more than comfortable enough already.
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maccamax
Champion Joined: 18 Jun 2010 Status: Offline Points: 41473 |
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I haven't got a Seniors card . I'm a Lib you know. My wallet is too bloddy heavy with that lovely stuff that scrooge McDuck used to bathe in. Too lazy to apply. |
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maccamax
Champion Joined: 18 Jun 2010 Status: Offline Points: 41473 |
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Questions.. I've been listening to those stories you speak of since the mid Fifties , I have reached the stage now that I just agree and buy their house at a reduced price before that massive crash arrives.
It must be getting close. Been coming since 1948. Like Climate change / Global warming , Both are correct in summer but only one is right in winter. |
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maccamax
Champion Joined: 18 Jun 2010 Status: Offline Points: 41473 |
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I forgot.. Lamb prices to crash... was $2 for a whole Lamb in the late 1950's but $50 for a leg now .. The nose dive is coming.
In the next life I want to be an EGG. and get layed every day. Twice a day if you leave the light on. So avoid the ugly ones. |
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mc41
Champion Joined: 20 Feb 2007 Location: Goldcoast Au Status: Offline Points: 5027 |
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Think you put this up instead of using Viagra |
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Browndog
Moderator Group Joined: 30 Oct 2009 Location: Brunswick Hds N Status: Offline Points: 35559 |
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Tony Abbott achieves the impossible: unity among economistsEconomists are refuting the three big picture claims made by the government: 1) We have a budget emergency 2) We have a debt crisis and 3) The carbon tax was ruining the economy There’s a joke about economists: if you ask five economists the same question you’ll get six different answers. Granted, it's not a very good joke, but it’s a fair call. Ours is a complex field, and a growing number of economists are acknowledging that the theory sitting behind mainstream economics is mostly rubbish. As a result, it’s very difficult to find consensus on real world events. But that's where Abbott and Hockey have achieved what many thought impossible: a true consensus. Unfortunately for the coalition government, the consensus is entirely against them. The Abbott government’s agenda has been driven by three major claims, all of them economic in nature. Let’s see how economists view these three themes: 1) There is a budget emergencyNumber of economists who agree: zero 2) The federal government has a debt crisisNumber of economists who agree: zero 3) Carbon pricing is an economic wrecking ballNumber of economists who agree: zero The above represents a very slight exaggeration. You can find people with some economics qualifications who agree with the government but, without exception, they either work for the Coalition or for some entity with ideological motives (like the IPA or News Corp ). While most would agree that there are serious structural problems with the budget, none would call it an emergency. Chris Richardson , economist and partner at Deloitte Access Economics, said:
Saul Eslake, chief economist at Bank of America Merrill Lynch, said that to call the Australian debt situation a crisis was “to abuse the English language .” Similarly, Nobel prize winning US economist Joseph Stiglitz used terms such as “absurd”, “crazy” and “a crime” to describe some of Hockey’s budget measures, and dismissed the perceived debt and deficit problems, noting that any Australian who worries about debt “must be out of their mind .” Richard Holden , professor of economics at the Australian School of Business, put it this way: “First, Australia does not have a debt crisis. Or, to put it another way, Australia does not have a debt crisis.” It doesn't stop here. The Age recently conducted its annual economics survey of 25 prominent economists. They select economists from a broad range of backgrounds across the spectrum of economics and their views vary widely on almost all issues. None of them agreed with the government on any of the above three topics. This unique consensus among economists makes it clear that the entire government agenda is based on false premises. How has this exposure affected the Coalition's agenda or their messaging? Not at all. Not one bit. Not one iota. Let’s be clear about this. We know they’re not being honest about their real motives for policy. They know we know, too. They don’t care. As I’ve explained previously, the Abbott and Hockey budget, if fully implemented, would have taken us a long way towards the free market social and economic model of the US, and away from the social democracy model of much of Europe. But the question remains as to why they would do this. Who benefits from a US style free market system where government minimises its involvement? The answer of course is the wealthy and those who already wield power. The greatest beneficiaries of Abbott and Hockey’s policies are theirlargest financial backers , including the financial industry, the mining and energy industries, gambling interests and real estate companies. For all the talk about this being the most ideologically driven government in living memory, the reality is something much simpler and more familiar. This government is simply delivering to big money what big money wants. One of the clearest examples of this is the winding back of the Labor government’s Future of Financial Advice (FoFA) reforms . We know that many financial advisors have been preying on their clients. They make use of clients’ lack of understanding of complex investing and other financial options to direct them to financial products that are not in their interest, but rather in the interests of the advisor. This has been costing consumers huge sums of money, which primarily flow into the hands of the banks. Labor’s reforms were aimed at making such conflicts of interest for advisors illegal in order to address this complex problem. The Coalition have wound back Labor’s changes and have provided not one defensible reason for doing so. Compliance costs and red tape have actually increased, so that cannot be used as the excuse. Meanwhile, we allow the banks to continue to profit from ripping off their customers. The same is at play when you examine climate policy. You can't find an independent economist who thinks the government’s "direct action" plan for tackling climate change is more efficient or effective than a carbon tax or trading scheme. Who likes direct action? The polluters of course. Instead of paying to pollute, they get paid not to pollute. Here's the real con: one argument we are given is that the carbon tax was too big a burden on consumers. Who's going to pay the polluters to reduce pollution? The government. Where do they get the money? From all of us. Consumers pay anyway. The clarity of these examples reveals the sad reality of this government. They are not ideologues, they are just puppets dancing to the tune of those pulling their strings. |
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maccamax
Champion Joined: 18 Jun 2010 Status: Offline Points: 41473 |
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SO , There is NO unemployment , tens of thousands on Public Housing waiting lists . NO out of control crime.
Gee Labor did a great job and didn't implode. |
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maccamax
Champion Joined: 18 Jun 2010 Status: Offline Points: 41473 |
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It is economists giving advice to the CBA customers . After the economists are cleared of Bankruptcy of course.
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Browndog
Moderator Group Joined: 30 Oct 2009 Location: Brunswick Hds N Status: Offline Points: 35559 |
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Joe Hockey has told New Zealand that there is no crisis in the Australian economy, nor is it in trouble. The treasurer also made no mention of the "budget emergency" he and his government referred to when justifying their unpopular budget to Australians. Instead, Mr Hockey reassured Kiwis that their second biggest trading partner is benefiting from 23 years of consecutive economic growth. "The Australian economy is not in trouble," he told New Zealand political current affairs show The Nation on Saturday. |
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Browndog
Moderator Group Joined: 30 Oct 2009 Location: Brunswick Hds N Status: Offline Points: 35559 |
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I can understand why you are so confused maxie, you are still reading from last Septembers discredited script. Only you and questions still believe that rubbish
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Browndog
Moderator Group Joined: 30 Oct 2009 Location: Brunswick Hds N Status: Offline Points: 35559 |
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How is Operation Sovereign Putrid Budget going?
Do we have any spare Generals to help get it across the line?
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maccamax
Champion Joined: 18 Jun 2010 Status: Offline Points: 41473 |
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I have uncovered their plot.
Work us to 70 and then allow the hoons to reduce pension time by terrorising us to death. When I am in Power I will reduce that time in a more pleasant manner. Will create work for the 44 34 36 measurement, ladies and Smothering is humane. |
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maccamax
Champion Joined: 18 Jun 2010 Status: Offline Points: 41473 |
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I have to come up with good material to day.
The gang are trying to influence the Mods on another thread. I'm the mods most obedient headache. { miss you Fiddles ] |
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cabosanlucas
Champion Joined: 15 Jun 2013 Status: Offline Points: 7363 |
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hockey tells nz their is no budget emergency or crisis, the economy is fine.
no more questions your honor, rest.my.case. |
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cabosanlucas
Champion Joined: 15 Jun 2013 Status: Offline Points: 7363 |
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"operation bring them home"
he is a nutter who makes me puke. politicising a national tragedy. goes further...describes a body falling out of a plane at 30k feet, animals eating bodies, decomposition in the sun, "ghastly" . a real sensitive leader huh? |
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Tuft_it_Tees
Champion Joined: 15 Jun 2014 Status: Offline Points: 3683 |
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Talking about bringing people to justice for an accidental shoot-down in an area where a war is being fought is hollow. And the recovery is hampered by the fact it is on contested ground. I have not changed my view that the plane should not have been flying through the area.
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cabosanlucas
Champion Joined: 15 Jun 2013 Status: Offline Points: 7363 |
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agree...the airlines put profit over safety. 32000 ft was safe but 30000 ft was a war zone. not much room there but that was it.
safe fly zones are very ambiguous. airlines get info from the countries affected which can be open to interpretation. but since a plane was shot down only 72 hrs earlier, it should have been a no brainer for malaysia airlines. what about the daily telegraph running page upon page of world heavyweight tony abbott. lol. the front oage pic of tones on the phone to putin, laying down the law. hahahaha. it was a comedy strip. yet imbeciles lap that gelati up. |
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Browndog
Moderator Group Joined: 30 Oct 2009 Location: Brunswick Hds N Status: Offline Points: 35559 |
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The problem was that the missiles are capable to 60,000 ft
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