Labour has won

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Old Sep 8th 2010, 12:32 pm
  #46  
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Default Re: Labour has won

Originally Posted by ex_exile
Its not going to be an easy ride, nor was it an easy ride through the GFC but Labor got Australia through it with a world beating economic performance. They have earned the right to be considered good economic managers, look at their record over the last 3 years. You may not like pink batts or the Rudd knifing but dont confuse that with who is better at managing the economy, the country is safe in Labors hands.
Ex-Exile,

Nice moustace !! reminds me of the famous "Crocodile Dundee" dialog: "You call tha a knoif ? thats not a knoif, here's knoif!"

You cheered me up ! Thanks !

Cheers,

TAA
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Old Sep 8th 2010, 1:01 pm
  #47  
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Default Re: Labour has won

Originally Posted by fish.01
Ok. Add their votes to the nationals total then rather than the liberals as more votes would be nationals votes didn't they win 20 of the seats...libs wouldn't have a chance without them
The important word is...coalition.
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Old Sep 8th 2010, 1:30 pm
  #48  
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Default Re: Labour has won

Originally Posted by roaringmouse
The important word is...coalition.
No the important phrase is ....read the whole thread ....you missed what we are talking bout I think....for an exercise abc is listing each party separately...ie including splitting the coalition into its constituent parties...I'm arguing a portion of the Qld lnp votes should be added to the nationals total rather than unfairly giving them all to the libs...specially given that in qld state elections nationals get far more seats than libs....even in brisbane. Libs get 2 seats or something

Last edited by fish.01; Sep 8th 2010 at 1:35 pm.
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Old Sep 8th 2010, 9:38 pm
  #49  
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Default Re: Labour has won

Originally Posted by fish.01
No the important phrase is ....read the whole thread ....you missed what we are talking bout I think....for an exercise abc is listing each party separately...ie including splitting the coalition into its constituent parties...I'm arguing a portion of the Qld lnp votes should be added to the nationals total rather than unfairly giving them all to the libs...specially given that in qld state elections nationals get far more seats than libs....even in brisbane. Libs get 2 seats or something
You are probably right but its not an easy thing to do, effectively the "coalition" is a coalition of 3 parties LIB+NAT+LNQ not 2, maybe 4 if you add the WA country liberal.

I notice that ABC resists the urge to add LAB and GRN votes to give a comparitive coalition vote size. Statistics are open to distortion as ABC shows with nearly every post, his statistics are not incorrect per se but they are shall we say carefully chosen.

Last edited by ex_exile; Sep 8th 2010 at 9:42 pm.
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Old Sep 8th 2010, 11:27 pm
  #50  
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Default Re: Labour has won

Originally Posted by ex_exile
his statistics are not incorrect per se but they are shall we say carefully chosen.
You mean just like yours.
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Old Sep 8th 2010, 11:44 pm
  #51  
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Default Re: Labour has won

Originally Posted by ex_exile
racking up maximum surpluses is not necessarily the right way to plan for the time when the resource boom ends.
And racking up a massive deficit is the quickest road to bankrupting the country. Labor loves to borrow.
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Old Sep 8th 2010, 11:45 pm
  #52  
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Default Re: Labour has won

Originally Posted by renth
I agree IMO a surplus is almost as bad as a deficit. It deprives taxpayers of choosing how to spend their money.
Deficit ends up with us paying higher taxes.
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Old Sep 9th 2010, 12:20 am
  #53  
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Default Re: Labour has won

Originally Posted by Deancm_MKII
Deficit ends up with us paying higher taxes.
Have your tax rates over the last 3 years gone up or down?
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Old Sep 9th 2010, 1:54 am
  #54  
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Default Re: Labour has won

Originally Posted by ex_exile
Have your tax rates over the last 3 years gone up or down?
I said "ends up". Three years ago we had a surplus. Now we don't. Wait for it because the deficit is about to bite the workers arse with the current govt.

Don't you understand basic economics? If you borrow money it needs to be paid back, with interest. Who do you think is going to pay for it? The leprechauns down the bottom of your garden? Or is the government going to find a pot of gold at the end of the rainbow?
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Old Sep 9th 2010, 2:08 am
  #55  
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Default Re: Labour has won

Originally Posted by Deancm_MKII
I said "ends up". Three years ago we had a surplus. Now we don't. Wait for it because the deficit is about to bite the workers arse with the current govt.

Don't you understand basic economics? If you borrow money it needs to be paid back, with interest. Who do you think is going to pay for it? The leprechauns down the bottom of your garden? Or is the government going to find a pot of gold at the end of the rainbow?
I'm sorry but I'm really not responsible for what you believe, if you believe the above then good luck to yer but I've wasted enough time with you.

Enjoy the Labor years.
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Old Sep 9th 2010, 2:22 am
  #56  
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Default Re: Labour has won

Originally Posted by ex_exile
Enjoy the Labor years.
Very short they will be too. That is if they even make it to a year. The next 6 months will be very exciting.

I never though you would be one to back down from a discussion.
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Old Sep 9th 2010, 3:40 am
  #57  
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Default Re: Labour has won

Originally Posted by Deancm_MKII
And racking up a massive deficit is the quickest road to bankrupting the country. Labor loves to borrow.
Indeed - look at what Labour did in the UK when the going was good. Increased the debt, and encouraged easy borrowing for people - result=making the GFC much much worse than it needed to be for the UK.
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Old Sep 9th 2010, 3:59 am
  #58  
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Default Re: Labour has won

Originally Posted by roaringmouse
Indeed - look at what Labour did in the UK when the going was good. Increased the debt, and encouraged easy borrowing for people - result=making the GFC much much worse than it needed to be for the UK.
Various independent world bodies rated the Labor governments handling of the GFC as top drawer. In Australia, over the past few decades, both the coalition and labor parties have made wise economic decisions and bad ones - as acknowledged by both sides. More down to the people in the party at the time then the jersey colour these days....despite the old cliches. The current coalition team give all appearance of being economic lightweights. Bad enough that even ex national party independents have judged them so. If the coalition had a different leader and treasurer things may change.

Last edited by fish.01; Sep 9th 2010 at 4:05 am.
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Old Sep 9th 2010, 4:51 am
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Default Re: Labour has won

Originally Posted by fish.01
Various independent world bodies rated the Labor governments handling of the GFC as top drawer. In Australia, over the past few decades, both the coalition and labor parties have made wise economic decisions and bad ones - as acknowledged by both sides. More down to the people in the party at the time then the jersey colour these days....despite the old cliches. The current coalition team give all appearance of being economic lightweights. Bad enough that even ex national party independents have judged them so. If the coalition had a different leader and treasurer things may change.
Such as the World Bank? International Monetary Fund?

Hmmm.... There are some sources that reckon these institutions were behind the GFC in the first place. All conspiracy theories mind...
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Old Sep 9th 2010, 5:41 am
  #60  
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Default Re: Labour has won

Originally Posted by ex_exile
anything below 50.1-49.9 is still a tie.
...getting close to those numbers now, ALP nearly 20,000 ahead, 50.08% plays 49.92%.

http://vtr.aec.gov.au/

EDIT: make that 50.09% vs 49.91%
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