Comparing the Parties

http://www.marketeconomics.com.au/2095-more-facts-behind-the-howard-governments-debt-elimination

http://debtreliefmag.com/more-facts-behind-the-howard-government’s-debt-elimination/

 

Howard could have done much more than sell tens of billions of dollars of assets and sit on his hands and do nothing but bluff his economic credentials. He had the mining boom and no GFC impacts to deal with. Hawke and keating brought Australia through a rough period that Howard rode on the back of. The economy was on the way up due to the ideals of the labor party and their comprehensive approach to the economy prior to Howard. The labor government brought Australia through another very ugly period "after" the reign of Fraser and Howard of which inflation was extremely high and interest rates were at 21%. How much more evidence do you really need to make sense of the differences.

 

AHHHAHHHAHAHAH!!! Market economics is run by a bloke who is adviser to the prime minister, really unbiased, sure!! He is a Labor stoogie! and the second link is just quoting the first! AHHAHAHAHAH!!! and even they are admitting that Labor was UNABLE IN 13 YEARS TO REPAY ONE CENT of the debt they inherited, they just added to it.

 

Malena, I'm not sure whether you are being reflective or not......actually its rudely obvious..lol. The realities are as is stated in post #77. Anyway, it is up to you how you want to convince yourself without collective factors. The coalition government would have sent us down the gurgler with every other conservative government that ruled during the GFC. There are many obvious points that suggest you live in a fairytale conservative wonderland dude, and need a neck massage to allow to see all of your surrounds. Don't believe the spin, the proof is in the pudding, and the world over regarding conservative dog eat dog, open slather policies! The Howard government had the best run of all governments but did absolutely zip for the future of our nation. They lived for the here and now like every other conservative government the world over and the reason the world is in the sh1t!

 

Dream on buddy.

 

I rest my case

 

Abbot and Howard and Costello pulling billions from the health budget didn't affect all the states?

 

Mate, you don't have a case. All you have done is blindly repeated the rhetoric and slogans of the coalitions political opponents which usually not true or or at most a twisted, biased version of the truth with many relevent facts left out.

 

Could you please elaberate with some facts and figures.

 

Pleassssseee malena. You base your information on a biased source from the man himself. It was much the same as the liberal state government who made out things were atrocious, but yet in fact they were quite good. Give up malena with your blind right wing, reaching for the powerpoint in the dark, undying devotion to the worst policy makers on the planet....look at what that side of politics did to the worlds economic systems......wake up and smell the roses dude!

 

AHAHAHHAHHHAAA!!! That's right, typical lefty response. You can't dispute the message so you shoot the messanger.

Facts aren't biased. The coalition government lead by John Howard sold off $42 billion worth of public assets, that is a fact. The Labor government lead by Hawke and then Keating sold off $6 billion worth of public assets, that is a fact. Howards government used all the procceds from their asset sales to retire government debt, that is a fact. The Labor government used none of the procceds from their asset sales to pay debts, that is a fact. The Labor government of Hawke and Keating did not pay off any of the government debt they inherited from the previous government, they added $56 billion more debt, those are facts. The Howard government paid off $96 billion worth of government debt and left the federal government debt free, that is a fact. The Howard government put about $40 billion aside for a rainy day, that is a fact. The present Labor government squandered the whole lot and is now borrowing again, that is a fact.
Now please give us your authoritive unbiased source of information.

 

Well gee i'm not sure, can you first? I lol at your adding "fact" after each statement to make it seem like you are quoting a fact. Unfortunately you aren't, just rhetoric you heard from Abbott and Howard repeated like the parrot you are MATE! Explain why as the Howard government told everyone they were retiring our debt did our overseas foreign deficit grow from $56b to over $550b while they RETIRED our DEBT?
As you admit Howard sold off Billions of dollars of assets the money from which went straight into a fund promised to be kept as a guarantee of services for Australian consumers and later ripped off by the Howard government to guarantee pollies pension and super. Now called the Future fund. I guess that wasn't a core promise huh Howie!

Somehow though you seem to be under the impression that money was spent on "retiring our debt".

Wanna buy a bridge?

 

Mate when you finish school and learn something about macroeconomics, try again.

 

It's quite evident that malena is overcome by the rhetoric that is played out by media with vested interest in conservative politics. There is always a twist on conservative spin who have taken the australian public for a deceitful ride supported by failings of mainstream media to challenge these discrepancies, most notably news corporation. The realities of their economic management skills are becoming more and more evident as people sift through their BS. It is absolutely intriguing that the Howard government increased foreign debt by 300 odd billion over the course of 11 years, especailly at a time when the world economy was thriving. Yep, we were doing really well, the only problem was, it was on borrowed money. There was a ulterior motive to lock us into peasantry, thus the purposeful creation of a housing bubble, thanks to negative gearing and the like. The next obvious step was to bring in work choices that would have had us securely in the control of the aristocrats. It doesn't take much thought to arrive at this point from what was evident in 11 years of conservative politics in oz. Again, the world over suffered at the hands of conservative control, you would have to be retarded to not notice the pattern that has been set by these guys. Malena is either of the aristocratic class or just a fool happy to be led blindly by a class he hopes to gain membership in.

 

No doubt you aspire to be one of the ruling elite in the new socialist order....

 

Poor response! All I can say is myth has been Busted! !

 

I can see now that I have been wasting my time. It's like trying to have a reasoned discussion about God and religion with a religious fanatic, you may as well just bang your head against the wall.

 

What, because you lost the argument......please, we know who the fanatic is!

 

Judging from your interpretation of a reasoned discussion you already have a few times to many?

The only fanatic i see here is you mate! No facts, no argument and no clue best describe everything you have said here. You failed to make a single point? I still can't exactly work out what the heck you were even trying to say! Your venom and prejudice is obvious, you point, not so much. When you can construct a sentence that articulates what you wish to say please come back and try again. Until then don't lap the arena with your arms up claiming victory because you ain't even in the right stadium, the whining loser finals are at liberal HQ.

 

What, because the opponent did not like the source of his facts, produced no facts in contrast and simply disputes the facts because of the source, YOU say he provides no facts? LOL... IF somebody had actually produced something that opposed the source, rather than their own rhetoric, you might have some substance, BUT you don't

LOL... WHO is claiming victory? Source something that disputes, perhaps construct something with a little fact in it, BUT if you can not do either, DON"T complain because it shows how bad the ALP blindness actually is.

 

Since when have facts meant anything to ALP/Green brainwashed drones? Apparently these particular drones don't even consider the information on the federal treasuery web site to be acceptable facts. Like I said, we are seeing typical lefty behaviour, they can't dispute the message so they shoot the messanger then put their hands over their ears and pull their blinkers in a bit tighter.

 

Did you overlook the bit about the $500billion foreign debt under the coalition or did they just exclude that from the information.....common malena!!!

 

Where did you read that vegie? who are 'they' and what information was it excluded from?

 

It is called being facetious, in light of your source link to costellos personal website...."giggle". Common malena, Costello is going to provide an honest analysis of his own work......."NOT". Be real, he is not going to highlight the quadrupling of foreign debt under his watch.

 

Being facetious, in this case, just looks desperate TV. Not keeping it real.