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Quote from: beerman on July 20, 2013, 11:09:44Quote from: db08 on July 20, 2013, 10:00:33Quote from: keith_h on July 20, 2013, 02:24:37According to economists such as Professor Joseph Stiglitz it is precisely the level of stimulus spending Australia opted for when the GFC hit that saved Australia from a disastrous recession. If Hockey becomes Treasurer in September, he will inherit the world’s best- managed economy by a street. That did make me laugh out loud.Lucky that they inherited such a good set of books from Liberal then because if they hadn't, they wouldn't have had it to spend on pink batts and school buildings that weren't required.If Joe Hockey becomes Treasurer at the election he will be inheriting a massive task to yet again reel in the massive and reckless spending we have seen since 2007.Don't fall for the spin that Labor put on it. It is just spin.Oh they all spin brother.....If only they had have given the schools some cash and let them build what they wanted.....All schools could have managed their own build and gotten what they wanted for far less money.Whilst I'm happy for the coin I received during the GFC, I'm sure that it could have been better spent on the Bruce Highway, upgrades to Brisbane's CBD rail tracks, a hospital or something we could actually look back and say, we have all this debt, and this is what we got for it.I didn't get a cent.But then again, I don't think anyone should have got a cent.All it did was allow people to purchase Chinese made TVs and prop up another country's economy.You are right. For far, far, far, far less than they spent, they could have built a new major hospital in every capital city and poured money into untold things that Australians could have benefited from.But instead, they wasted it and now it has to be paid back.Truth is, they are just clueless.
Quote from: db08 on July 20, 2013, 10:00:33Quote from: keith_h on July 20, 2013, 02:24:37According to economists such as Professor Joseph Stiglitz it is precisely the level of stimulus spending Australia opted for when the GFC hit that saved Australia from a disastrous recession. If Hockey becomes Treasurer in September, he will inherit the world’s best- managed economy by a street. That did make me laugh out loud.Lucky that they inherited such a good set of books from Liberal then because if they hadn't, they wouldn't have had it to spend on pink batts and school buildings that weren't required.If Joe Hockey becomes Treasurer at the election he will be inheriting a massive task to yet again reel in the massive and reckless spending we have seen since 2007.Don't fall for the spin that Labor put on it. It is just spin.Oh they all spin brother.....If only they had have given the schools some cash and let them build what they wanted.....All schools could have managed their own build and gotten what they wanted for far less money.Whilst I'm happy for the coin I received during the GFC, I'm sure that it could have been better spent on the Bruce Highway, upgrades to Brisbane's CBD rail tracks, a hospital or something we could actually look back and say, we have all this debt, and this is what we got for it.
Quote from: keith_h on July 20, 2013, 02:24:37According to economists such as Professor Joseph Stiglitz it is precisely the level of stimulus spending Australia opted for when the GFC hit that saved Australia from a disastrous recession. If Hockey becomes Treasurer in September, he will inherit the world’s best- managed economy by a street. That did make me laugh out loud.Lucky that they inherited such a good set of books from Liberal then because if they hadn't, they wouldn't have had it to spend on pink batts and school buildings that weren't required.If Joe Hockey becomes Treasurer at the election he will be inheriting a massive task to yet again reel in the massive and reckless spending we have seen since 2007.Don't fall for the spin that Labor put on it. It is just spin.
According to economists such as Professor Joseph Stiglitz it is precisely the level of stimulus spending Australia opted for when the GFC hit that saved Australia from a disastrous recession. If Hockey becomes Treasurer in September, he will inherit the world’s best- managed economy by a street.
We must be bad, Dazz.Even several dead people got it.
They must know who votes what.
I don't care what you lot say, I reckon there are a few of these on here....
Quote from: rustynutz on July 20, 2013, 12:39:31I don't care what you lot say, I reckon there are a few of these on here.... Kettle Pot Black .. sort that out and get back to me (as Fatboy would say)
Dave, you don't really understand the purpose of the Economic Stimulus Package if you think building a "major hospital in every capital city" would have had the same effect as the roof insulation scheme, the school building program, bank deposit guarantees and the cash bonus.Getting major projects like hospitals off the ground takes years and years of planning before the first sod of soil is turned, followed by years of construction. I know because I work in the major project "world".The intention of the programs was to inject government funds very quickly into the economy across a broad number of industries and locations.Despite some of the failures in the insulation and school programs, the ESP achieved it's aim to stimulate the economy. Australia came through the GFC relatively unscathed by world standards because of the ESP.For every bad story you heard about the shortcomings of the ESP, there were hundreds of untold good outcomes. I believe this was mainly due to the media sensationally reporting the failures but never looking for the successes.I remember at the time, the likes of Alan Jones and Andrew Bolt banging on about plasma TVs and money going down the pokies while never mentioning that people used the money for good purposes. Personally, I look back on the ESP every time I drive past a school with a new multipurpose hall being used by not only the school, but the whole community, and I think, what a great use of taxpayer's money.
The intention of the programs was to inject government funds very quickly into the economy across a broad number of industries and locations.
Jamie, I don't begrudge any service personnel receiving what is due to them. I just begrudge the fact that John Howard sent you (and my son) to war based on lies. Talk about wasting billions.
Releasing your policies early is always fraught with danger.
Quote from: Ugly Mongrel on July 19, 2013, 13:52:46 Jamie, I don't begrudge any service personnel receiving what is due to them. I just begrudge the fact that John Howard sent you (and my son) to war based on lies. Talk about wasting billions. those un findable weapons of mass exaggeration.
But the American's "knew" that the Iraqi regime had Weapons of Mass Destruction. They still had a copy of the receipt when they sold them to Saddam.