SP said...
Logman,
You make some good points and got me interested
..What is the long term unemployment average, excluding seasonal and the unemployable.
does low unemployment have anything to do with a mining boom and skills shortage?
What is the government borrowing associated with this surplus. And our current account deficit?
Is a governments only source of income taxation, does a surplus mean we are being over taxed or our taxes aren't being spent to the full extent.
And the troops, should of been home earlier and it was not Julia's doing, she didn't make that decision...it was a military decision and actually a sign of transferring security back to the afghans, as per the US plan...
No argument on climate change, the economic cost of doing nothing is much larger than the cost of doing something..... but Julia did not have anything to do with it, in fact... no carbon tax was her words... Non core promise? Maybe it is the implementation that has offended people and the fact she was not honest before a very close election.
."What is the long term unemployment average, excluding seasonal and the unemployable". answer LOW.
"does low unemployment have anything to do with a mining boom and skills shortage?" Answer: meh! unemployment is LOW even in VIC
"What is the government borrowing associated with this surplus. And our current account deficit?" Answer : LOW
"Is a governments only source of income taxation, does a surplus mean we are being over taxed or our taxes aren't being spent to the full extent". Answer (1st bit ) maybe, (second bit) Probably
"And the troops, should of been home earlier and it was not Julia's doing, she didn't make that decision...it was a military decision and actually a sign of transferring security back to the afghans, as per the US plan..."Answer: Nah mate, The armed forces fight wars until the government tell them to stop, The military don't control policy.
But generally on the economic stuff. At present the Gov is presiding over an economy that has LOW INTEREST RATES/ LOW INFLATION/ LOW DEBT/ LOW UNEMPLOYMENT/ HIGH DOLLAR. No amount of coalition sqeeeeeeeling will change that , and no amount of half arsed economics will change the fundamental good numbers of the economy.
For years and years we were told by coalition that these were the cornerstones of the worth of an economy and now you want to move the goal posts. I thought interest rates would always be lower under a coalition ???
Wonder where that Coalition "debt Truck" is now!!