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Joe Ho was the one who put barnacles in the ship in the first place.
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Don't see what any of this had to do with the so called "loony left" though?
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Quote:Investment in infrastructure is building for a better future... and in turn that infrastructure contributes to the growing economy.
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JSmithÂ
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Investing in infrastructure is indeed a good thing!
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You can invest more in infrastructure if you don't have to pay $100m a day in interest fees on your existing borrowings.
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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
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Y'all stay beautiful!!
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So?????????????????????????????????????????
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Waddya reckon let's just defer payment to your kids??
Aloysius
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Y'all stay beautiful!!
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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.
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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.
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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.
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Please remember though the deficit was doubled and then some by your favourite mob.
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JSmithÂ
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Smithy: hoping is nice inside, but it delivers nothing.
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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.
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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
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Y'all stay beautiful!!
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So - no changes proposed - at all!
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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.
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Australia needs more saviours like Bill!! Â - just ask him!! :Talking:Â :dance:Â :Sleepy:
Aloysius
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Y'all stay beautiful!!