I am sick to death with people who wish to make up excuses for the present Government.
As this is a rant I am no particular order going to show that they do not deserve sympathy.
The Government helped Australia avoid a recession from the GFC . Other nations either had a recession or depression. The Opposition at the time promised to do something similar but using different policies ( as I have elaborated here.) Add to that the blatant lies the Opposition told about the cost of their policies and the government should be a mile ahead in terms of better economic manager. The Kouk has written some good stuff here and here. Why has no-one said any of this?
As we observed previously the policy on insulating homes was actually reasonably good.( Note the comments sections. See how dyslexic they get.). BER is even better. Critics put up a figure that they believe the government is being over-charged without realising it is cheaper than the average cost of schoolrooms etc built.
The Government should have realised by now that government is about policy, selling those policies and criticising different policies to theirs.
In short this present mob couldn't sell a cold beer on a hot day. They can't even perform a proper defence of good policy. Essential polling has over 30% of people believe interest rates are now higher than when the government came to office! That in essence tells you everything about the Government.
Tony Abbott went overboard on criticism of the ETS. . He claimed the ETS would have a larger impact on the economy than the GST. What did they say?
The ETS was NO different that the deal between the Government and Opposition. No-one called that a carbon tax. Why in heavern's name did they call the present ETS a carbon tax?
This is only very brief but it shows a Government which has bad staff and Ministers who cannot explain anything. Add to this an inability to explain why they got rid of Rudd and you have little reason to vote for them.
"Essential polling has over 30% of people believe interest rates are now higher than when the government came to office! That in essence tells you everything about the Government."
ReplyDeleteMaybe their costs of funding are higher now?
Let me put it in words even you can understand (Eastwoodish):
Err, yes Hmoer, maybe there kaptal cposts are higher under this regeime?
The only problem is that interest rates are lower now than when the ALP won office!
ReplyDeleteCan I ask people to either think before commenting or do not comment if you do not understand the subject
"Interest rates"
ReplyDelete"Capital costs"
Yes Homer, the only interest rate that exists is the cash rate and people get to borrow at that rate...
You really need a roll eyes emoticon.
Tell us squire - when are you going to formally endorse Tony Abbot MHR, (LIB) for Prime Minister?
check out the mortgage rate!
ReplyDeleteThe mortgage rate is not the "cost of funds", evidently, not something you learn in an MBA.
ReplyDeleteSquire,
ReplyDeleteWhen will you formally endorse Tony Abbot MHR, (LIB) for the office of Prime Minister?
Homer
ReplyDeleteYou need to consider closing down this blog or at the very least have Rog help you with it as we all know how gifted he is.
Thew cash rate is not the cost of bank funds you inordinately stupid human being.
I haven't been talking about the cash rate.
ReplyDeleteThe mortgage rate or the cost of funds is now less than when this government took office.
Have a look at the RBA chartpack.
Even the base can understand graphs!
"Even the base can understand graphs!"
ReplyDeleteWHAT?!
what indeed
ReplyDelete"Even the base can understand graphs!"
ReplyDeletePlease explain.
The RBA has a chartpack up on their website.
ReplyDeleteIt isn't hard to see where interest rates were in 2007 and now.
They are lower now!
I could be wrong perhaps the base cannot read graphs
Revelling in your rationalised ignorance I see, Homer.
ReplyDeleteMark,
ReplyDeleteyou are wrong. Interest rates now are much lower and so are their costs of funds.
another one to add to all the others.
"you are wrong. Interest rates now are much lower and so are their costs of funds."
ReplyDeleteREALLY?
WHAT HAPPENED TO BUSINESS INVESTMENT AND JOB ADS?
That is irrelevant as I didn't write about it.
ReplyDeleteThe cost of funds is irrelevant to business investment, is it Homer?
ReplyDeleteI was talking about interest rates
ReplyDelete"I was talking about interest rates"
ReplyDeleteYou goose. All the banks are concerned with is their own cost of funds, not what at times ephemeral rate like the cash rate. No were never any good at this stuff, Homer. I just don't know why you don't give it up and try, washing dishes.
I never mentioned the cash rate you did.
ReplyDeleteI did mention the mortgage rate however.
You are in the extraordinary position of believing interest rates as well as the cost of funds were all lower in 2007 with the change of Government than than now.
You are very strange. As I said even the base can read a chart but apparently you are not even capable of that.
WHAT?
ReplyDelete"As I said even the base can read a chart but apparently you are not even capable of that."
This is gibberish.
You presume the people answering the survey had the same banal priorities as you.
people answering the survey clearly were as silly as you.
ReplyDeleteThey are now paying out much less on a mortgage than when they were before the present government was elected.
As I said even the base can read a chart but you cannot.
"What about capital costs"
ReplyDelete*I didn't mention that, so it is not relevant*
Bizzare Homer. Someone posits why people may ignore the mortgage rate then you go onto say the only rate that is relevant is the mortgage rate, so your explanation is that "everyone else is dumb".
Funnily enough 30% is about the ALP primary vote.
you are avoiding the issue.
ReplyDeletePeople are interviewed about interest rates and over 30% think they are higher now than when the government changed.\\you then attempt to say this is correct.
now that is bizaare
No, I offered an explanation, and you are trying to ignore them.
ReplyDeleteThe issue is that you still support this woeful Government.
ReplyDeleteMark, you mightn't understand the english language but anyone else can.
You have been caught out again. Try understanding a subject before making a fool of yourself.