by Gozu » Sun Mar 16, 2014 11:52 am
by bennymacca » Sun Mar 16, 2014 12:09 pm
Gozu wrote:So it's looking like 23 Labor, 21 Liberal & 2 IND with 1 undecided which is probably going to go to the Libs. If it goes to Labor then they can form govt in their own right but if as expected to the Libs then they can possibly form minority govt with the two indies where as Labor only need to convince 1 of those 2 indies to form govt at worst.
Labor are in the box seat to form govt but there is an argument that Labor might be better off allowing the Libs to form govt to avoid what would almost certainly be a Labor wipeout at the next election. I don't subscribe to that and if as expected Labor forms govt either in it's own right or with an indie you go with it and do the best you can for the next four years. Whatever might happen in 2018 may or may not happen.
by Psyber » Sun Mar 16, 2014 12:36 pm
by bennymacca » Sun Mar 16, 2014 12:46 pm
Psyber wrote:Unfortunately, whoever forms the new state government it won't be possible to dig SA out of its debt morass by 2018 anyway...
The question is how much worse it can become.
by Psyber » Sun Mar 16, 2014 12:57 pm
bennymacca wrote:do you think that has anything to do with the governance of the state or the external pressures from federal/international economic conditions? i tend to think the latter.Psyber wrote:Unfortunately, whoever forms the new state government it won't be possible to dig SA out of its debt morass by 2018 anyway...
The question is how much worse it can become.
by bennymacca » Sun Mar 16, 2014 1:35 pm
by Gozu » Sun Mar 16, 2014 1:36 pm
by bennymacca » Sun Mar 16, 2014 1:45 pm
by Roxy the Rat Girl » Sun Mar 16, 2014 2:30 pm
by The Sleeping Giant » Sun Mar 16, 2014 2:30 pm
by Gozu » Sun Mar 16, 2014 2:51 pm
by Jimmy_041 » Sun Mar 16, 2014 3:13 pm
Gozu wrote:Libs have never been good at economics it's called a mortgage. Everyone understands you pay off your debt (mortgage) over time.
This bullshit about 'we're going to have the budget back in surplus by year x' is rubbish, both sides say that crap because it appeals to a few idiots so good luck to them.
by The Sleeping Giant » Sun Mar 16, 2014 4:20 pm
by Jimmy_041 » Sun Mar 16, 2014 5:31 pm
by Mickyj » Sun Mar 16, 2014 5:48 pm
Jimmy_041 wrote:Gozu wrote:Libs have never been good at economics it's called a mortgage. Everyone understands you pay off your debt (mortgage) over time.
This bullshit about 'we're going to have the budget back in surplus by year x' is rubbish, both sides say that crap because it appeals to a few idiots so good luck to them.
Those idiots understand basic economics. For example: Everyone understands you pay off your debt (mortgage) over time. Yes, but these people are compounding the interest and borrowing more to make the repayments. They have NO plan, in any form, to repay the debt.
Plus, you cannot sustain an economy where you are borrowing money to pay your day to day services.
Debt is OK to pay for infrastructure where you service the debt or end up earning revenue to service, and eventually repay, the debt.
This mob relied on forecasts to justify their future expenses and, as we have found out, was based on a falsehood, same as the procurement savings.
Herein lies the problem with people swallowing the Labor crap that we can keep spending and not worry about repaying the debt. It's someone else's problem and shouldn't have to ensure some pain now. Absolute typical Labor economic doctrine. Spend it all and let someone else do the hard years and clean our mess up. Problem is, they cant keep blaming the GFC like they have been doing for years.
Predictions for the next 4 years:
1. The budget deficit will only get worse and they will never get it back to surplus
2. The debt will increase exponentially (it has already increased since the last admission but Labor have hidden it)
3. Higher public service numbers, because they have to bow to the union demands, costing more money and running up an even bigger deficit and debt.
4. Workcover will not be fixed. According to Weatherill and Rau, they are going to cut the unfunded liability of $1.4b with a stroke of a pen in 2015 so let's see what happens in real life now the unions can re-open hostilities with the government. Foley tried to reform it but had to accede to the unions who threatened to lynch him (literally).
But, the stupid people of SA have fallen for the biggest con job again and they will get what they deserve.
by Gozu » Sun Mar 16, 2014 6:11 pm
Mickyj wrote:3 Liberal candidate for the Salisbury saying his constituents were all smelly and unemployed
by Jimmy_041 » Sun Mar 16, 2014 6:13 pm
The Sleeping Giant wrote:Will that be the libs campaign slogan next time? "Vote for us stupid".
by Jimmy_041 » Sun Mar 16, 2014 6:16 pm
Gozu wrote:Mickyj wrote:3 Liberal candidate for the Salisbury saying his constituents were all smelly and unemployed
On the way to my local polling booth I saw two corflutes of Anthony Antoniadis lying on the ground of the stobie pole they once adorned. I nearly grabbed one for posterity. You'll never hear anything from that guy again.
by philcas » Sun Mar 16, 2014 8:20 pm
by gadj1976 » Sun Mar 16, 2014 8:33 pm
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