In economics, a recession is a business cycle contraction, It is a general slowdown in economic activity.[1][2]Macroeconomic indicators such as GDP(Gross Domestic Product), employment, investment spending, capacity utilization, household income, business profits, and inflation fall, while bankruptcies and the unemployment rate rise.

Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock or the bursting of an economic bubble. Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.

http://en.m.wikipedia.org/wiki/Recession

Well, I ended up voting for turd sandwich.

I don't recall him saying that whoever voted in John Howard was a fuckwit.

By your reasoning there must have been a lot of fuckwits in the country who voted Labour into power in 07, the majority of the country no less.

And what a shame as well that none of those voters then (like now) could peer into their crystal balls to see what the next 5+ years of the political and economical landscape would look like.

-PB

Actually, Megamind is the alternative.

I dont know who you voted for, but you seem to be arguing Abbotts case quite a bit. Unless of course you think Clive Palmer or Bob Katter are much better alternatives?

The Liberal voters seem to be arguing that despite the shit the Liberals tell us about, we should give them a chance to put it in to practice before we judge them.

I for one do not want to give someone the chance to screw up the country. Its like someone saying, "I hate blacks and will kill them all if elected"

And you lot going, "Well we cant judge him because we havent given him a chance"[/quote]

I don't argue for Abbott, i argue against the pathetic Kunts who are running the current circus we watch on TV each night...quite simple

Then you would be arguing against the LNP?... :-s

-PB

Sounds more like covering all bases. Either the expected happens and we get a fuckwit for a leader or the unexpected happens and we get a different kind of fuckwit for a leader.


In other news: Had to crutch down a sand path to my local polling booth, no chairs & the booths are cardboard (and thus not sturdy enough to lean on) so I had to balance on one leg whilst filling out and checking my BTL senate vote, I've had some sort of mutant death flu the last few days so I was teeming with sweat and NO DEMOCRACY SAUSAGES. FU Ken Wyatt LNP.

Amazing the amount of labor fans i've seen on the internet and yet not a lot from the Liberals... not sure if that's just Labor voters are younger and more outspoken or not, but im interested to see where all these fellow Liberal voters are

Younger people tend to be less conservative and more tech savvy, it is not unexpected that social media has a lean to the left. It's a testament to Labors slipping grip that there is actually Liberal presence on social media as even when going poorly (like last election) it has been almost all Labor on social media.

God I hate politics. Voting was a pain in the ass.

Never heard the term "silent majority" before?

I'm glad I don't live in a more populated area. There were 5 people in total at my local school when I voted. I'd hate to be at one of those places they always show on the news with the massive lines and people trying to force their flyers in your face.

uhhmmmm:-s #-o john howard was never in the conversation.....i replied to his comment above in red.......???????????

no actually, KRUDD,Gillard,albanese,swan & shorten

My polling booth experience today

On entry noticed an incredible ammount of banners from Labour(he wins, you lose etc), 1 smallish poster for the Lib and one for family first.
Leaflets
The ALP guy was straight to me but the greens lady was far more demanding.The Liberal lady really didn't push at all.
In the booths it seemed the high majority of voting pamphlets left by previous voters were Liberal ones(about 80% or more).
When I was leaving there was quite a lot of energy but it was from the SES who were selling sausages and drinks.The Labour pamphlet guy just from a quick observation seemed a bit dejected, while the Liberal lady had a beaming smile.
As I approached the car I noticed the ALP poster on the front fence of the house opposite had been quite badly defaced(by a Julia supporter it seems!!).I never thought this seat would fall until that moment.
Might be a trainwreck, but it might also get very tricky with all the small mobs such as Palmer, Katter and even Hansen

WTF is "Rise up Australia"?

To put the social media stuff into context, the pirate party is trending on twitter despite being a political non-entity because of their inability to organise like their Scandinavian counterparts.

I had shit choices for my seat.

Labour
Liberal
Greens
Palmer
Christians
Rise Up Australia Party
Family First Party
Democrats
Citizens Electoral Council

It's not considered politically correct to be a liberal, because that must mean you hate fags, dykes, blacks, disabled people and women.
So liberal voters tend to keep their politicial opinions to themselves rather whoring them on everyone like Labor people do.

Do you?

Just because someone supports a party does not mean they agree with every policy or can be so easily typecast.

There is massive difference between being a liberal and being a Liberal.

Also Pirate Party made a huge mistake by only being in 3 states and choosing un-electable candidates. Had lots of potential.

[youtube]ygthN_1Y-g8[/youtube]

Saw some worse footage on Sky.

Well unfortunately that is the perception among quite a lot of people. Conservatives tend to be more private with their ideology so you're not going to get as much twitter and social media fanfare as you would with labor and the greens.

When do votes start being counted btw? or has it already started?

Have you read the comment sections of certain newscorp blogs?

Libs claim Deakin as Adam Bandt confident he will retain seat of Melbourne for the Greens

THE Coalition has already put the eastern suburbs seat of Deakin in its bag, with a senior party source saying “the swing is definitely on”.


http://www.heraldsun.com.au/news/special-features/adam-bandt-confident-he-will-retain-seat-of-melbourne-for-the-greens/story-fnho52jj-1226713564884

Might be best to wait for the polls to close before claiming Victory

LIVE: Federal election 2013 polling day

FROM OUR REPORTERS ON THE CAMPAIGN TRAIL
News Limited Network
September 07, 2013 5:12PM

TONY Abbott will storm to victory and take almost 100 seats tonight, with Wayne Swan to lose his seat and Kevin Rudd's deemed too close to call, according to a major exit poll.

The Newspoll exit poll, conducted for Sky News, has found the Liberals will win 97 seats, Labor will be reduced to 51 seats and Andrew Wilkie and Bob Katter the lone members on the crossbenches.

The exit poll comes as Liberal powerbroker Michael Kroger called the result at 4.39pm.

"Tony Abbott is the Prime Minister of the country from 4.39pm onwards," he said on Sky News.

http://www.news.com.au/national-news/federal-election/live-federal-election-2013-polling-day/story-fnho52ip-1226713883934

Well those I assume are politically orientated sites not really social media

rusty, batfink gets a lot of the hate from the left in this thread due to his political opinions but really you are the one they should be arcing up against. One of the most blatantly partisan and dismissive posters espousing the right. Sometimes the batfink bashing is warranted, when batfink is being especially silly, but at least batfink respects people who return respect, even if they don't agree. Where batfink gets into trouble is being too willing to bait and be baited, whereas you show as little understanding of the left as the worst lefties on here show of the right.

|EDIT| I am recanting the above paragraph (but leaving it present as I should not hide it) as I have found evidence of rusty being less blatantly dismissive as I go back through the pages I missed. My apologies rusty, I was acting on posts that were more prominent in my memory however obviously not completely representative of your actions. The following paragraph in its general message still applies. |EDIT|

It is perfectly fine to vote Liberal and discuss it on social media, you only get grief if you do so with little justification. Same as Labor voters who get grief for voting for a fractured and ineffective party. Or Greens voters who get grief for voting for a party mired in idealism. Or Palmer voters who get grief for voting for a loon and his hired political mercs. Saying you won't talk about your opinions because you feel you will be attacked for them suggests you don't feel you can adequately justify them, that you lack the strength of conviction to say "no, look, I am aware that this party is flawed. All parties are, however the are important to me and I feel that are the best party to handle these concerns for ". Political opinions should never be kept to oneself as robust debate and discourse is necessary to the growth of a healthy democracy. Childish bickering and crude dismissal of opinions (and yes, the lefties a very guilty of this) should be kept private however.

Edited by Scoll: 7/9/2013 05:46:31 PM