
Interesting that YOUR opinion is that of "the majority", Russell. I think you'll probably find that about 50% of the population probably think that government debt is "large". Relative to the way it was left by the coalition government, debt is rather large. Given the various claims of interest payments (increases in debt by interest accruing) I think you could probably say the debt is "large". The left-wing echo chamber is strangely similar to the right-wing in what they repeat, Russell. Now we're getting into right v. left politics? Interesting that the left want the centrelink economy supported while the right want the people who create the wealth (you know, the employers) to be encouraged to increase their wealth by employing people. We can go on and on with the left-right argument, Russell.... I lean both ways depending on the policy. On Thu, Nov 6, 2014 at 5:09 PM, Russell Coker <russell@coker.com.au> wrote:
On Thu, 6 Nov 2014 16:22:04 Michael Scott wrote:
I said "large", I didn't compare our government's debt with any other
country.
It's really silly to claim that our debt is "large" when it's smaller than most countries. Australia is part of the world economic system, our economy is not like North Korea and can't be considered apart from other countries. Therefore "large" or "small" don't have any real meaning without comparison to other countries, if it's smaller than other countries then it's small.
The right wing echo chamber likes to just make things up and repeat them. So saying these things will get people to agree with you among the extreme right wing. But among the majority of the population you really need to be able to support your claims.
It's always interesting the way that the right-wing parties get poor people to support policies that are designed to move money from poor people to rich people.
Really the only way to measure Liberal success is how much money moves from regular people to multinational corporations and billionaires. Reducing taxes on mining companies while increasing the costs of basic medical services is an example of Liberal success.
I don't think anyone on this list is wealthy enough to benefit from Liberal policies. Basically anyone who advocates for Liberal policies is advocating for less money for everyone here and more money for Gina and Clive.
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