Posts: 3,161
Threads: 29
Joined: Mar 2008
Reputation:
0
Joe Ho was the one who put barnacles in the ship in the first place.
Â
Don't see what any of this had to do with the so called "loony left" though?
Posts: 1,756
Threads: 20
Joined: Aug 2014
Reputation:
0
Quote:Investment in infrastructure is building for a better future... and in turn that infrastructure contributes to the growing economy.
Â
JSmith ![[Image: ninja.gif]](http://www.dtvforum.info/public/style_emoticons/default/ninja.gif)
Â
Â
Investing in infrastructure is indeed a good thing!
Â
You can invest more in infrastructure if you don't have to pay $100m a day in interest fees on your existing borrowings.
Â
Imagine if there were no debt that would be $100m a day - that's a dayto spend on australian infrastructure instead of paying to overseas lenders - you know it makes sense!!!!
Aloysius
Â
Y'all stay beautiful!!
Posts: 1,756
Threads: 20
Joined: Aug 2014
Reputation:
0
So?????????????????????????????????????????
Â
Waddya reckon let's just defer payment to your kids??
Aloysius
Â
Y'all stay beautiful!!
Posts: 1,756
Threads: 20
Joined: Aug 2014
Reputation:
0
Quote:Â
I know you understand the various economic theories... Aloy, I have a good memory as you do. Rather selective at times however...
We've been here before many times before, so there's probably no need to cover very old ground.
Â
As I'm sure you're aware, no one with any kind of sense would suggest we continue to spend and spend no matter what the economic circumstances.
Â
Austerity can be the nail in the coffin for a sinking economy and often too little too late... thank God our economy is not at that point and hopefully never will be.
Â
Please remember though the deficit was doubled and then some by your favourite mob. ![Tongue Tongue](http://www.melbournechat.org/images/smilies/tongue.png)
Â
JSmith ![[Image: ninja.gif]](http://www.dtvforum.info/public/style_emoticons/default/ninja.gif)
Â
Â
Â
Â
Smithy: hoping is nice inside, but it delivers nothing.
Â
Hoping for a balanced budget is lovely but it won't happen as long as folks demand we spend more than we gather in tax.
Â
It's not as complex as some would have you believe and I know there is a time to borrow and a time to save, unfortunately it appears that there is more time devoted to borrowing than there is to repaying.
Aloysius
Â
Y'all stay beautiful!!
Posts: 1,756
Threads: 20
Joined: Aug 2014
Reputation:
0
So - no changes proposed - at all!
Â
Hmmmmmmmmmmmmmmmmmm a big to do about nothing, thanks Bill for the dramatic episode, and of course thanks for saving us from the terror you could see heading for us.
Â
Australia needs more saviours like Bill!! Â - just ask him!! :Talking:Â :dance:Â :Sleepy:
Aloysius
Â
Y'all stay beautiful!!