Alarming predictions: recession in ACT if Abbott wins

[Sir Les Patterson]

Another pearler from the Reichprotektor (he of the awful "where the bloody hell are you" Tourism Australia campaign)

 

http://www.smh.com.au/federal-politics/federal-election-2013/scott-morrison-defiant-on-crazy-boat-buyback-policy-20130902-2szsc.html

[Xenon4017]

And wrong, it has been proven that people have short memories.....Regardless, you cannot deny it that a possible loss of 20000 plus jobs in ACT is a bad thing. And that is what the article is about.

 

Indeed they do have short memories. Only hours ago you were posting about the loss of 12,000 jobs. You seem to have forgotten that already. And the article you linked to cited 5,500 "knock on" job losses. Which would give a sum of 17,500. Do you have an explanation for the other 2,500, or were you just rounding up? If you were then you're a candidate for ALP treasurer. They rounded up the revenue expectations from the mining tax. Then they spent it. I'd rather have a government that collected the money first.

 

Redundancy is not to be taken lightly. But what can you do if there's no income to support this level of expenditure? Keep borrowing? The idea that we should keep employing them just to maintain cash flow is nonsense. It'd be like Woolies gifting you 100$ to go in and buy something for 50$ and expecting to make a profit.

[Guest Ptp113]

Not forgetting his dreadful side kick in charge of Foreign Affairs, Bishop.

"She must be good on her back, as she's hopeless on her feet"

[Guest Ptp113]

Abbott is a dangerous reactionary. He will be put into power by the Murdoch press who have run a relentless disrespectful campaign against Gillard and now Rudd. Sad that people are so gullible to believe Murdoch's propaganda.

Oz is one of a handful of countries in the world with a AAA credit rating. Labor had done a good job. managaging the economy during tough times.

Murdoch decided the NBN was bad for his network so that was it.

[VERYSTORMY]

Yep,we're up sh!t creek in this country :rolleyes:

 

The majority of you would probably dismiss this article as it is only by Joseph Stiglitz the Nobel Prize winner for economics........but WTF would he know

 

http://www.smh.com.au/comment/australia-you-dont-know-how-good-youve-got-it-20130901-2sytb.html

 

But, this is the guy who in 2010 said Greece was fine and should keep borrowing - even though its interest payments were about to be higher than its GDP.

 

He is a socialist and they all love debt

[Guest Ptp113]

you would rather think that wouldn't you.

You really like to blame Murdoch rather than that the people of Australia have rejected Rudd and Gillard comprehensively on their performance over the past 6 years.

I guess you haven't listened to the old queen Alan Jones and his crew for a full day as I did recently for some humour? It was diabolical and left me wondering what they will have to talk about after the election as the sky fell in long ago?

[Sir Les Patterson]

But, this is the guy who in 2010 said Greece was fine and should keep borrowing - even though its interest payments were about to be higher than its GDP.

 

He is a socialist and they all love debt

 

Why would it worry you either way...I gather you are not a citizen

[Guest Ptp113]

I prefer Abbott to Turnbull- at least what you see is what you get. I'm not interested in Mr.Nice Guy- I want someone who can lead.

Abbott does exactly what Rupert and Rome tell him to do. Remember his famous words "don't believe everything I say unless you get it in writing"

[Xenon4017]

>>But, this is the guy who in 2010 said Greece was fine and should keep borrowing - even though its interest payments were about to be higher than its GDP.

 

>>He is a socialist and they all love debt

 

 

Why would it worry you either way...I gather you are not a citizen

 

Neither am I, but I don't have to actually be Greek to feel sorry for their predicament.

[Maggie2012]

Indeed they do have short memories. Only hours ago you were posting about the loss of 12,000 jobs. You seem to have forgotten that already. And the article you linked to cited 5,500 "knock on" job losses. Which would give a sum of 17,500. Do you have an explanation for the other 2,500, or were you just rounding up? If you were then you're a candidate for ALP treasurer. They rounded up the revenue expectations from the mining tax. Then they spent it. I'd rather have a government that collected the money first.

 

Redundancy is not to be taken lightly. But what can you do if there's no income to support this level of expenditure? Keep borrowing? The idea that we should keep employing them just to maintain cash flow is nonsense. It'd be like Woolies gifting you 100$ to go in and buy something for 50$ and expecting to make a profit.

 

Yes indeed I talk about 20000 plus just because how the economy in ACT is structured. If it was in Sydney or Melbourne the impact would have been much less. And once again, you cannot say that you can calculate how many people need to go, because, you know as much I do or Mr. Abbott respectively. In history, if a government announced cuts of 5000 jobs the losses ended up double. Anyhow, fi you just want to argue about numbers for the sake of it, you should see that the article also stated that these numbers are predictions. Again, depends which party floats your boat, accordingly these numbers will vary. The point is, if Abbott wins the economy of ACT will be affected hugely.

[Quoll]

Yes indeed I talk about 20000 plus just because how the economy in ACT is structured. If it was in Sydney or Melbourne the impact would have been much less. And once again, you cannot say that you can calculate how many people need to go, because, you know as much I do or Mr. Abbott respectively. In history, if a government announced cuts of 5000 jobs the losses ended up double. Anyhow, fi you just want to argue about numbers for the sake of it, you should see that the article also stated that these numbers are predictions. Again, depends which party floats your boat, accordingly these numbers will vary. The point is, if Abbott wins the economy of ACT will be affected hugely.

Probably a bit but not as much as you may think. The APS is full of people who have "retired" and have gone back as consultants. They'll just have their contracts discontinued - there'll be loads who will put their hands up for VRs as well. They don't call them fat cats for nothing. It won't be anything like 20,000 in ACT that's just media scaremongering

 

There might also be a benefit for new arrivals (who can't join the APS anyway) as people move away and free up real estate so that it becomes affordable for a while.

[Slean Wolfhead]

Probably a bit but not as much as you may think. The APS is full of people who have "retired" and have gone back as consultants. They'll just have their contracts discontinued - there'll be loads who will put their hands up for VRs as well. They don't call them fat cats for nothing. It won't be anything like 20,000 in ACT that's just media scaremongering

 

There might also be a benefit for new arrivals (who can't join the APS anyway) as people move away and free up real estate so that it becomes affordable for a while.

 

It's more the knock-on effect for local private businesses.

If 20,000 people disappear back to where they came from, it effects everybody from petrol stations, coffee shops, office suppliers, the local ACT tax income, people going to the theatres, attending the sports games.....hundreds of ways.

Money that's currently made in Canberra and circulated through the local economy will disappear.

That's what i do like about Canberra, money is kept local and small private business is supported, compared to the supermarket "cost is everything" culture in the UK, where the profits are taken out of the local economy leaving the decrepid local UK High Street of a far less quality than they used to be.

[Guest Ptp113]

Probably a bit but not as much as you may think. The APS is full of people who have "retired" and have gone back as consultants. They'll just have their contracts discontinued - there'll be loads who will put their hands up for VRs as well. They don't call them fat cats for nothing. It won't be anything like 20,000 in ACT that's just media scaremongering

 

There might also be a benefit for new arrivals (who can't join the APS anyway) as people move away and free up real estate so that it becomes affordable for a while.

Most of the 'insultants' were terminated long ago. The ludicrous push for a surplus killed thousands of positions over the last two years. A leaner APS since you were here and many IT companies closed up shop as a result. The ACT has had the highest percentage of business closures in the country in recent times, it will now get worse.

[Quoll]

It's more the knock-on effect for local private businesses.

If 20,000 people disappear back to where they came from, it effects everybody from petrol stations, coffee shops, office suppliers, the local ACT tax income, people going to the theatres, attending the sports games.....hundreds of ways.

Money that's currently made in Canberra and circulated through the local economy will disappear.

That's what i do like about Canberra, money is kept local and small private business is supported, compared to the supermarket "cost is everything" culture in the UK, where the profits are taken out of the local economy leaving the decrepid local UK High Street of a far less quality than they used to be.

But there won't be anything like 20,000 in Canberra! There will be natural attrition across the APS (unless they get rid of the useless Climate Change empire of course LOL). There will be some effect - there always is when the government changes.

[Slean Wolfhead]

But there won't be anything like 20,000 in Canberra! There will be natural attrition across the APS (unless they get rid of the useless Climate Change empire of course LOL). There will be some effect - there always is when the government changes.

 

Well, you don't really know that do you? After Cameron, i worry when a candidate refuses to tell the voting public what his plans are. If they were a vote winner, they'd be all over the papers...unless he has a very good reason for hiding them.

 

The Federal Govt is actually pretty good, the single sign on for online systems and Medicare is excellent, but they were built largely by consultants. It's the local government that's stuck with 1975 working practices, waste and nepotism, really unbelievable how little they know how to manage or improve their performance. They could reduce by 10,000 jobs and improve performance without the public noticing anything, but it would be like attacking a dinosaur with a fork.

[Parley]

No. They're hopeless. And history will judge this period very harshly.

[Peach]

i worry when a candidate refuses to tell the voting public what his plans are. If they were a vote winner, they'd be all over the papers...unless he has a very good reason for hiding them.

 

I think you have hit the nail on the head, all Abbott is doing is stalling - being a low reactor. Not wanting to do Q&A this week, either by himself or against Rudd, I find extremely telling.

[Parley]

Both parties release policies and costings every day. You will know everything by election day with nothing hidden.

 

It is crazy to expect them to dump everything on you it one big hit in the first week.

Neither party does this. They are still both releasing policies this week as they travel around.

 

So when Labor releases a new policy today, are you going to question why they have kept it hidden until now ?

 

What is infinitely worse is to promise one thing before the election and then do the opposite straight after the election, as Gillard did last time with the Carbon Tax ?

[Guest Ptp113]

Both parties release policies and costings every day. You will know everything by election day with nothing hidden.

 

It is crazy to expect them to dump everything on you it one big hit in the first week.

Neither party does this. They are still both releasing policies this week as they travel around.

 

So when Labor releases a new policy today, are you going to question why they have kept it hidden until now ?

 

What is infinitely worse is to promise one thing before the election and then do the opposite straight after the election, as Gillard did last time with the Carbon Tax ?

The carbon tax that Howard, Costello, Turnbull, and Abbott said was the only way to go. Abbott then changed his mind as he always does. All in Hansard for those who care to look

[Peach]

Both parties release policies and costings every day. You will know everything by election day with nothing hidden.

 

It is crazy to expect them to dump everything on you it one big hit in the first week.

Neither party does this. They are still both releasing policies this week as they travel around.

 

So when Labor releases a new policy today, are you going to question why they have kept it hidden until now ?

 

What is infinitely worse is to promise one thing before the election and then do the opposite straight after the election, as Gillard did last time with the Carbon Tax ?

 

You're just trying to deflect away from the fact that the coalition has had since January to announce what the figures are and seems to be waiting to absolutely the last moment to share them.

[Diane]

Got to say the reporting of last nights discussion on Gay Marriage Equality varies hugely depending on whether you are watching the commercial stations or the ABC! Heard Palmer interviewed on the radio this morning and although he is mad as a cut snake in many ways, he talks a lot of sense! I just can't decide who to vote for - it really is a case of who I dislike least!! Christopher Pyne though (who is our local Liberal candidate) lost my vote when he came to a school concert (his kids go to the same school as mine, albeit in the junior level) and left as soon as his kids had performed: if all the rest of us have to sit through everyone else's little darlings, why doesn't he??!!!

[Maggie2012]

 

There might also be a benefit for new arrivals (who can't join the APS anyway) as people move away and free up real estate so that it becomes affordable for a while.

 

may not be good: no jobs in the area and empty houses will result in decline of property values. By no means you'd want Canberra look like Washington DC with its major slums. if there are no jobs, why would people come to the city (any city?)

[Guest]

No. They're hopeless. And history will judge this period very harshly.

 

You must not have been to Europe/US lately to have such a wayward perspective of how Australia has been doing lately.

 

Lets cut for the sake of it! I mean the Deficit is a massive 15% of GDP or whatever it is. Probably better than your household debt percentage

 

Oh and Tony Abbott knows better than Standard and Porr's over the relative position Australia is to pay its debt of course the man's a genius. He can stop boats out of thin air

Edited September 3, 2013 by Guest

[boganbear]

Most of the government departments in Canberra are my customers and nearly everyone of them has a brand new building where no expense has been spared. The buildings are certainly more luxurious than many of my private sector customers and QLD govt departments can only dream of these facilities. You can certainly see where the money is going and it is not into services. Whist public servants cannot line their own pockets like British politicians, they are making sure that they are milking the system as best they can.

[Peach]

Most of the government departments in Canberra are my customers and nearly everyone of them has a brand new building where no expense has been spared.

 

This is no different to government buildings in any country capital city all over the world. Blaming the public servants is just daft..