Hey Veebs, I was doing the hard yards working and too tired, but saving up the energy for the weekend, I'll catch up with you at KS on Sat....you going on big down winder?

Sh!t, i should have done my tax return. (didn't do it because last time it took hours and I only got $50 back when I was expecting $200)

There is no CASH getting handed out... We are all getting a credit card with $950 debt on it!! It has to be paid back...
Add to that the loss of revenue and a deficit of $200 Billion is being forecast, that's $10,000 debt for every person in Australia, which probabgly equates to about $40,000 debt for every tax payer.
It's kinda like going on a big spending spree with your kids master card after you've lost your job.. I for one hope at least part of this stimulus package is blocked, I have enough debt of my own without someone else adding to it.

Governments in debt is not necessarily a bad thing, and right now it is the reasonable approach - what I think may be unreasonable is how MUCH debt they are taking on.

I don't know how big the actual currency effect is going to be, not too familiar with forex volumes, but it will be interesting to see what happens. Also remember a low $AU helps exporters - which they definitely need right now.

cwamit said...

The majority of people ...

2. don’t realize that inflation is as good as a tax increase and that what governments borrow today will be paid back tomorrow through money printing to pay the debts resulting in inflation

That isn't necessarily the case in fact it is HIGHLY unlikely that there will be any money printing specifically to pay off debt. Although yes, we're going to have to pay it off through taxes.

I better get some, because I'll be paying for it when I leave uni haha.

what i like the best it that, thoes of us who like to work extra hard and earn a little more cash...

not only get none of the hand outs , but we end up having to pay more tax in the long run to fund old Kevs grand idea... Farken sheits me...

theres just very little incentive to work hard these days, without doing the dodgy..

wh0t a load of BS.



my 2cents.

ditto, i am single with no kids, i work and what do i get...?
nothing...
...... well i get see my taxes go to 'mamma who hasn't seen her feet in years and can no longer feel her toes' and her five illegitimate kids who'll grow up and have five illegitimates of their own, because 'thats how mamma an' her mamma done it'.
meanwhile, my local kiting spot gets the rangers clamping down and gunning for a ban because 'pig shootin' sister fornicating mouth breather' wants to learn to kite in the pond because.... and i quote, 'i can't really swim', and launches a 13m in twenty five kts after three kiters advise him of the dangers and ramifications.
this total tool even had the idea of using an inflateable boat in lieu of a board, fifty metres upwind of a concrete wall and light poles

so called 'philantthropist' bill gates, is engineering mosquitoes to 'vaccinate the third world' when in reality its a further nwo project in eugenics.

maybe we could convince him to try something similar here with centrelink offices'

(oh wait they all ready are)

MRGRAY said...

I work 5 days a week (long days on building site )..half for me half for the Australian Taxation Office.
I dont think this handout will stimulate the economy.
I think we are badly governed.
and over governed!I think good people head into politics and then the party bends them over the front bench..and we end up badly governed.

I think nurses should get a pay rise(have you been injured lately)
I think centerlink needs an overhaul.The distribution of funds is all wrong.
I think WA is the best place in australia.
I think i need to go to the beach .
I hope everyone goes to kitestock and the beachs are quiet this week end

get a better accountant!!

lol i hear you mate hence why im off again on sunday for 3 months again working in the UAE. no tax there!

I prefer Krudd over little johny. He seems both nicer and smarter to me. definitely a better diplomat. I'm all for talking and good relations over wars and that. Won't say any more as I'm certainly not intelligent or politically minded enough to back it up. My girlfriend seems pretty smart though (to my dumbass) and shes a Krudd fan too. But she is one of those types that don't only see the injustices but also feels the love for good things we get. Eg. She hates that its become more expensive for Australians to complete tertiary education but rejoices in knowing that if she grosses 40g a year, she'll pay enough tax to support a uni student for a year of study through what ever aus study is called now. Where I complain about ****ty roads AND at being held up at road works, she says 'oh that's good, this bit needed some fixing'.... How I wish I could see the whole picture and not just concentrate on the negatives. We need to see the negatives and address them but keep the overall picture in mind and be grateful for the good stuff. I'm happier with a leader I consider ethical. I noticed some peeps saying it seems like a waste of money and that the money should go to health care, infrastructure etc. I thought Ruddy was already forking out a fair bit of extra dosh for those things as well..I also thought that for this sort of thing to work you kinda gotta throw a fair bit at it so it has an effect. Anyway, not that I claim to understand how this plan is meant to work in any real detail but, I know like many other seabreezerers, we already got that money spent before we get it, which is the hope right? Few of us are going to save the cash, not even if we plan to. Buying locally was a suggestion made by some. That seems like a good plan to me. $950 would get my van roof perfectly rust free from the local mechanic and leave me $50 to throw China's way for a whirly bird vent and $50 for petrol for the next weekend away. Bring it on I say. Ps no wind or work today hence the possibly misinformed and poorly researched essay. haha someone else on seabreeze will be bored enough to read every word.

merman said...

what i like the best it that, thoes of us who like to work extra hard and earn a little more cash...

not only get none of the hand outs , but we end up having to pay more tax in the long run to fund old Kevs grand idea... Farken sheits me...

theres just very little incentive to work hard these days, without doing the dodgy..

wh0t a load of BS.



my 2cents.

What a whinger, if you earn over 80k then you don't get the hand out. Some people work their asses off and don't get half what you get HTFU

No Government has ever taken half of my money in Tax, sucked in if you get half your money taxed because you sound like a liberal.

No Government has ever taken half of my money in Tax, sucked in if you get half your money taxed because you sound like a liberal.

and you sound like a Ghey theif!!!

What we need is another war; that'll stimulate the ecomomy and get people of the dole. The last big one worked a treat.

Freeflow will be here to spell check you any minute now Pork Hunt from Kazakhstan lol

davem207 said...

yeah i hear you merman, i work 1 fulltime job and two part time jobs, to pay off debts and put my misses through uni, the harder i work the more they tax me and cause i work and earn money my misses gets not one cent from the government to help with uni fees, when i become primeminsiter the following will apply:

you are only allowed to claim the dole if you have worked and paid tax, why should you get something that you have not contributed too??? so no more paying dole bludgers or migranst who have never contributed a cent to this country, this includes medicare and the pension, why should you get something for free? do what we all have to do, work hard and pay for it.

if your a lazy fat un healthy slob due to no fitness and no other reason (its free to go for a run) than pay for your own medicare bills, im sick of paying for fat people who go to the doctor 3 times a week.

ohh and to to be entitled to the pension, you have to be an australian citizen and have worked and paid taxes in australai for at least 20 years. Go fly to Dubai and rock up at the government offices and say "hey im new here, pay me money and give me cheap housing!" and see what reply you get!

oh and lastly kiters would get tax cuts because they...............well................should. so there and yeah we should just print more money!!! lol.

in reality the blue collar worker will just keep taking it up the butt.

Something else you could fix is: My husband and I each have fulltime jobs, we have to put our children into daycare and before and after school care so we can go to these jobs so we can earn money to stay off the dole, and pay our debts and keep our children fed, clothed and housed. So why do we have our Daycare fees go up and the benefits go down when we are doing our bit to help society and not being sponges and the dole bludger down the road who puts their kids in daycare for 3 days a week (because they are just too much to handle) get full benefits from Centrelink?

My point is: Either way, with whatever government you have, not everyone is going to be happy. I didn't vote for Kevin Rudd, however I don't like Turnbull either. But you can't blame the budget deficit entirely on the Labour Government as it is not exactly their fault what happened with the global economy.

I could bitch and whinge about many areas in which the Governments (past and present) have screwed me over, but what is the point when the arguments for both sides are fair and it will just keep going around in circles??

In keeping with the topic, I say, Bring on the cash handouts!!! (at least this way I will still stay poor but my family and I will have a few nice little luxuries we might not of had before)