Are Labour working furiously to get Australia in Debt?

[Dogwatcher]

Hmmm I forgot about JB being a North supporter.
Now I know where the missing State Bank millions went!

[redandblack]

Micky, I've thought the same thing for a long time as well.

[mypaddock]

It's just the Australian political cycle running its course again.
Labor spending and getting the coutry into debt, Liberals get back in and put us in strong financial position, Labor get back in and start to spend up big again and get us in debt... etc etc

Somehow I don't think it has been or is as simple as that.

Well in my lifetime it has been!

[redden whites]

No just seems that way, I know "Redden Whites" would be greatly offended by this idea plus a few others on here. Kev's wife is a Walkerville girl, I wonder if she is a North supporter? Jane Lomax-Smith is a North supporter, I am pretty certain John Bannon is a North supporter, I think your theory is looking a little shaky

Thanks for the special mention Mick much appreciated
The theory is backed up however by a serving league coach handing out Liberal how to vote cards in the last 2 years..... The club No.1 ticket holder being the biggest single donor to the Liberal Party Nationally ever ( not that a spot on the reserve bank board had any link to this ,and didn't that end up well? )( and his very close PA Mr CATCH TIM from Singapore cough cough)......The club web site calling the newly elected Prime Minister voted in by the people of this nation a turkey via a regular columist within 72 hrs of his election.I
guess the jury is still out on the theory so an out of court settlement may also be in order here...cough cough

[topsywaldron]

Liberals get back in and put us in strong financial position

By pissing a once in a lifetime commodities boom up a wall?

[stan]

Liberals get back in and put us in strong financial position

By pissing a once in a lifetime commodities boom up a wall?

its gotta be pissed somewhere,

[stan]

I would also like to mention that the $1000 bullshit crap given to people to spend over xmas is a load of F****** shite. It really is a wank. Its a friggen sugar fix. It really is, after xmas business will head against the wall just like before. And half of it that went to the good old drop kick types pretty much pour it into local pokies and pissed it away.

[Gozu]

I would also like to mention that the $1000 bullshit crap given to people to spend over xmas is a load of F****** shite. It really is a wank. Its a friggen sugar fix. It really is, after xmas business will head against the wall just like before. And half of it that went to the good old drop kick types pretty much pour it into local pokies and pissed it away.

No it's not, it was a great idea. It is the right thing to for the economy as most economists agree. It should've been opened up to the unemployed too instead of the middle class welfare types though. Poorer people will spend it hence why they're the main ones getting it and if they blow it on pokies etc. who cares that was the point of it. Pump it back into the economy.

It was obviously a good move politically too. Business isn't heading to the wall and when they wake up they will have to reduce their already obscene prices if they have any designs on selling things. I read some big business stooge say "go and get your plasma's now because they will all sky rocket in price after the X-mas sales". My foot they will.

I take exception with your "drop kick types". The payment is mainly for people on the age pension, disabled pensioners and carers. They are not drop kicks. In fact I've met far more "drop kick types" that are employed. It's not exactly an achievemnt to have a job, basically anyone that wants one can have one.

At the end of the day there is a reason Rudd/Labor are sailing high in the polls, the Liberals are settling in to a decade in Opposition and no one is bagging the ESS payment.

[Squawk]

When Rudd was elected he promised in his acceptance speech that he would govern for all Australians. In 14 months of government, I have only had one personal benefit - a tax cut of $20 a week. Many of his other policies have cost me money thus negating the $20 a week increase in salary. There's no incentive to work hard or save for retirement anymore.

[redandblack]

What policies have cost you money, Squawk?

In particular what policies of Rudd's, as distinct from the world economic crisis, have made you decide there's no incentive to work hard or save for retirement?