craz
Member
NEVER EVER SHOULD Pauline Hansen become PM. By this, I mean it big time, I hate her. Politicians are scums of the earth i reckon...but every votes counts, thats whats important.
Originally posted by OZGIRL86
thats probably the only thing i agree on with u
i just have a feeling about her...her views are too blunt and too narrow minded.Originally posted by gaybasher
i like pauline hanson cos she has big balls, if you look at the politicians..none of them have any backbone..
whats wrong with pauline hansen anyways?
whilst i agree that howard has managed Australia's economic situation successfully since the liberal party has been in government, we are also experiencing the benefits of the polices implemented by labor regarding productivity improvements such as lowering of trade barriers through tariff reduction (the liberal party actually increased tariffs the last time it was in power), so that Australia's industries are concentrated in areas where we have competitive advantage. These long term changes have contributed to Howard's economic success.Originally posted by Sush
Howard has improved Australia's economic situation whihc is no surprise as obviously the liberal party is inclined towards privatisation and other economic enhancing concepts, according to that theory we'll have to continue seeing good ol' bushy eye brows at it again. n also deres d whole ignorant view of "oh since the labor party created debt last time in power it must mean tahts what they all will do" so yeh just because keating was shite its given labor a bad name
Though I do agree with you when you say the war should play an integral part of voting, I still think that one still must consider all factors.Originally posted by gaybasher
christ i could have got that out of a text boook come up with your own ideas dude.....
and secondly who cares about the economy the most important thing is the war...............and our current governments decision to declare war on a country and indanger the lives of our troops..not to mention increase the likely hood of terrorism in this country. who cares about the economy when voting there are more important things to consider.
What the budget doesn’t do is address Australia’s macroeconomic objectives. The proposed tax cuts are indications of an expansionary budget – giving people more money to spend and so boosting the economy. However, at the moment we want to dampen the economy as price rises in the housing sectors (mainly in Syd and Mel) are becoming unsustainable and the current account deficit has again reached a high. Also we are at a point where unemployment is so low that further economic growth, instead of further reducing unemployment, could potentially lead to inflation as it did in 1990/1991 (causing a recession).Originally posted by kochou
Howard... well the economy seems to be doing well and as an ignorant economics student, the proposed buget is quite appealing.
You are drastically oversimplifying a complex process. However, you're simplification is reasonably accurate. I assume you do realise that Mark Latham wants to cut taxes ON TOP OF the Howard government proposed tax cuts?Originally posted by christ
What the budget doesn’t do is address Australia’s macroeconomic objectives. The proposed tax cuts are indications of an expansionary budget – giving people more money to spend and so boosting the economy.
2003 called, they want you and their pressing issues back. Also, the CAD isn't at a high (that was mid2003, IIRC), it's rather down towards the upper end of the long term trend due to factors largely outside the government's control. Alternatively, you can stay with good ol' 2004, where people are concerned about the slowdown of domestic demand and retail sales, with the depreciating AUD likely to somewhat reverse the large trade deficit which was responsible for the CAD, due to factors that can't be attributed to the government - such as the slowdown in global economic activity, and the drought.However, at the moment we want to dampen the economy as price rises in the housing sectors (mainly in Syd and Mel) are becoming unsustainable and the current account deficit has again reached a high.
Firstly, the Keating government largely caused that recession. Secondly, you have no idea what the NAIRU is in Australia, nobody does, so your vague referencing of it makes you look stupid to anyone who knows what you are talking about. The truth is that Australia has had unemployment of lower than 6% under the Howard government for quite a while now, and wage pressures are relatively constrained.Also we are at a point where unemployment is so low that further economic growth, instead of further reducing unemployment, could potentially lead to inflation as it did in 1990/1991 (causing a recession).
The RBA hasn't raised interest rates, dumbass. I actually went back and checked your post to ensure this wasn't typed back at the end of last year. But that June 2004 is plain to see, so I must question what on earth you are talking about. However, I do agree the RBA is likely to raise interest rates, but this was already rather likely before the Budget, and the Budget is merely an extra reason to raise interest rates.Because this budget encourages growth when we don’t really want it to, the RBA has been forced to raise interest rates to slow down the economy.
You = dumbass, who turns a blind eye to Labor's brilliant economic management, and Latham's plan for a more stimulatory tax cut than the current government's suggestion.These tax cuts = irresponsible fiscal policy !!
You know when idiots open their mouths, and let loose bullshit they learnt in 1 ecos lesson and thought they were 100% correct? That's when.Originally posted by kochou
since when did this thread turn into an economics lesson??
Originally posted by George W. Bush
You are drastically oversimplifying a complex process. However, you're simplification is reasonably accurate. I assume you do realise that Mark Latham wants to cut taxes ON TOP OF the Howard government proposed tax cuts?
2003 called, they want you and their pressing issues back. Also, the CAD isn't at a high (that was mid2003, IIRC), it's rather down towards the upper end of the long term trend due to factors largely outside the government's control. Alternatively, you can stay with good ol' 2004, where people are concerned about the slowdown of domestic demand and retail sales, with the depreciating AUD likely to somewhat reverse the large trade deficit which was responsible for the CAD, due to factors that can't be attributed to the government - such as the slowdown in global economic activity, and the drought.
Oh and, I find it highly amusing that you're trying to be pro labor and raising the issue of CAD, since as an economics student you should know all about the ALP's large budget deficits.
True or false: The public sector does not contribute to the CAD under the Howard government.
Firstly, the Keating government largely caused that recession. Secondly, you have no idea what the NAIRU is in Australia, nobody does, so your vague referencing of it makes you look stupid to anyone who knows what you are talking about. The truth is that Australia has had unemployment of lower than 6% under the Howard government for quite a while now, and wage pressures are relatively constrained.
The RBA hasn't raised interest rates, dumbass. I actually went back and checked your post to ensure this wasn't typed back at the end of last year. But that June 2004 is plain to see, so I must question what on earth you are talking about. However, I do agree the RBA is likely to raise interest rates, but this was already rather likely before the Budget, and the Budget is merely an extra reason to raise interest rates.
PS: POP QUIZ: what were the interest rates under the last ALP administration?
You = dumbass, who turns a blind eye to Labor's brilliant economic management, and Latham's plan for a more stimulatory tax cut than the current government's suggestion.
Originally posted by KeypadSDM
You know when idiots open their mouths, and let loose bullshit they learnt in 1 ecos lesson and thought they were 100% correct? That's when.