Jeeze. A guy who can't understand the basics of English is trying to argue the complexities of economics. And failing. #-o

Came to get my daily dose of batshit paranoia/lols.

Wasn't disappointed.

-PB

Haha, you like to give the impression that you know what your talking about..its cute.

6.25% unemployment is nothing to write home about...is well within the 'safe zone'. Even low unemployment of around 2.5% can be a bad thing!

Interest rates arnt cut in response to inflationary pressure..they are cut to encourage inflation and an increase in the circulation of money and spending as the Australian economy is currently experiencing a slow down/weakening primarily in response to the ending of the mining boom (due to the short-shortsightedness of successive governments.)
The rest of that sentence of yours doesnt really make any sense at all..."valueless rate cut" "$$$ you save"...what does that even mean? how is that relevant??

Yes bring it back to asylum seekers...i forgot we are being flooded by them!

Ideally, unemployment should be around 5%, so we are doing fine.

Fortunately the Queensland Liberal Govenment only sacked 10,000.....

Well with the budget blowing out by billions that about wraps it up for Labor.

As I said earlier, these guys couldn't manage a chook raffle.

Abbott could do well to use the line "It's the economy, stupid" on Labor.

Any country with unemployment below 3-4% is lying about what they constitute as 'unemployment'.

once again you have to bring it to this level because you don't really have an answer or valid reply.......no wonder you are stuck in a dead end go nowhere job.....

How can I have a valid reply for someone who doesn't even make sense? Who can't tell the difference between bank policy and the actions of investors? Who blames one person and then another and then another for the same problem?

No need to be a cunt and make this personal.

hard to believe that you could be disappointed by anything .....when you defend this Government to the end of the world.......all of you won't really understand how bad they are until they have gone and the TRUE figures come out.....

i have to laugh at you guys....get personal and call me what you like.....doesn't bother me in the least.....when you guys have run multi million dollars companies for over 25 years then you might have some credibilty

on every occasions this government has put forward financial forecasts and predictions and failed on every occasion, even after the first couple of times they didn't reappraise there forecast and look at the trending....what they do is pick the best set of figures in all areas and use them and publish them.......forecasts incorrect on every occassion.....not once, not twice, not three times, not four times , not five times but in excess of 6 times..... and on every occasion they have been out by billions and billions of dollars,

We all have our ideological preferences...but people need to be less partisan with supporting a political party like a football team.
The government doesnt deserve re-election, but the coalition is bereft of any sort of vision and policy for this country...and the composition of their front bench is really laughable.

There's vision aplenty - but it'll take the Abbott government a long time to fix the mess it'll be inheriting.

The first step will be getting some accurate numbers from Treasury and the states. "It's the economy, stupid!"

Edited by thupercoach: 3/8/2013 01:00:43 PM

Election is just a bit short of my 18th, so no voting for me. Not that it would matter, I'm in the 2ns safest ALP seat in the country, and the ACT's senate positions are always filled by one ALP one LIB.

:lol: :lol: :lol: :lol:

The way you ran a business for 25 years and the way I will run a business for 25 years will be two completely different and non-comparable things.

So yeah keep jerking that chain, sure it will get tiresome sooner or later.

-PB

Batfink: Financial advisor, multi-millionaire, CEO, tradesman, shit-kicker, farmer, environmentalist, charity worker, husband, football fan, political dynamo. And yet he still finds time every day to "correct" our political beliefs for prolonged periods. How generous of him.

You'd think by the time he'd reached 50 he'd be too old to be a know-it-all.

i don't profess to Know-it-all, i learn something everyday......

they have fucked up their forecasts because they use the best figures from the best results and believe they are fact......in business you always forecast on conservative figures, you don't use the best case scenario figures to budget and rely upon.......

fact is unemployment figures,growth figures and all statistics are in a lagging position, what they report today are figures from 3-6 months ago......

quite simple......and it's plain to see that the budgets put forward time and time again are flawed and after 1 or 2 budgets they need to go back and check ACTUAL figures and then budget conservatively and tell the truth and give the correct picture....however politically that would be suicide so they play smoke and mirrors games.........

i think some of you people didn't get any "join the dots" books when you were kids and find it hard to comprehend that the drop in tax revenue is due to having bad policies for business, supporting the wrong business sectors, protecting the wrong businesses like the big 5 banks.....FFS there hasn't been a major bank collapse since 1890........they top 4 banks are in the top 5 businesses in Australia, tell you something......to raise tax revenue you need a strong and vibrant small business model....simple as that............

Paul...anyone who can sustain a business for 25 years surely has to be doing something right....you have to admit that.....can't remember what the % is of how many businesses go under in the first 5 years but it is alot.......

and for Afro to tell me i don't have a clue about finance,budget forecasts,cash flowing a business,tax regulation, compliance issues,superannuation,industrial relations and so on is just a complete joke.......

the so called experts forecast a 2% increase in new home approvals and there was a 6% drop....
the so called experts forecast surpluses and minor budget deficits only for them to blow out time and time again, so it's obvious that there are systematic failures in the management,process and direction and no one is re-adjusting the figures to bring them into line with the ACTUALS.............simple maths,simple budgeting,simple accounting all very simple...so why isn't it happening

They sure did.

And then a KPI based self-given pay rise.

-PB

Champ, first you tried blaming the Australian government for the recession.
Then you tried blaming the US government.
Then after that didn't work out for you, you tried blaming investors and financial advisors.
And then on the FOURTH FUCKING TRY you got it right when you blamed the banks.

And you want me to believe what you say?

So the Qld government is doing a good job addressing the state's economic woes then if it hit its KPIs?

Sounds good to me.

You think sacking 10,000 people, and then awarding yourself a pay rise, makes sound economic sense?

And how did you think that this fixes the states economic woes, does it fix any structural deficiencies in the Queensland economy, does it fix any cylindrical deficiencies, does it eliminate any weakness in the composition of the Queensland Public Service....how do you reconcile e massive cost in retrenchments and moving 10,000 people to Federally funded Centetlink payments and the ongoing economic stress placed on the economy, with any savings?

Edited by Joffa: 4/8/2013 10:18:20 AM

Hitting KPI's that you set yourself and then sacking 10,000 workers isn't 'doing a good job' by anyone's definition.

This.

The KPIs were self made.

Like walking into a job and setting your own position description and salary package.

-PB

If you started a job selling chairs and averaged 10 chairs a week and set your KPI at 5 chairs a week and then told everyone you deserved a payrise they'd laugh at you.

wow you really can twist and contort things can't you......all out of context...but hey you are happy with it....which recesssion?????

How's that alzheimers working out for you buddy?

And had Rudd, Swann, Gillard or Keating had done that you'd be lauding them as economic geniuses.

You question Keating's economic credibility? Seriously?

Wut?