Conquer Club

After riding out the Global recession relatively unscathed, Australia has voted for "economic rationalists' who promise to cut government services and jobs as well as increase taxes on the poor while giving BIG Business tax breaks...Fuckheads!!!

AHHHH politics...you gota love the politics.

The Labor party has been SLAPPED, lowest vote count in 100 years, so it seems that most Australians don't agree with you on this on DJ.

I work in the public sector, and I have never in my 20yr career, heard the amount of pure hate driven towards the outgoing government.

DJPatrick wrote:After riding out the Global recession relatively unscathed, Australia has voted for "economic rationalists' who promise to cut government services and jobs as well as increase taxes on the poor while giving BIG Business tax breaks...Fuckheads!!!

I understand the fears (so do politicians ), but may I ask what is the fiscal situation in your country? Are you guys running a surplus? Or are you borrowing money going into debt? How much of your GDP goes to pay interest on the debt/what is the debt/GDP ratio?

WHY are gov't services being cut?
How specifically are taxes being raised on the poor? What exactly are the tax breaks on big business?

Phatscotty wrote:

DJPatrick wrote:After riding out the Global recession relatively unscathed, Australia has voted for "economic rationalists' who promise to cut government services and jobs as well as increase taxes on the poor while giving BIG Business tax breaks...Fuckheads!!!

I understand the fears (so do politicians ), but may I ask what is the fiscal situation in your country? Are you guys running a surplus? Or are you borrowing money going into debt? How much of your GDP goes to pay interest on the debt/what is the debt/GDP ratio?

WHY are gov't services being cut?
How specifically are taxes being raised on the poor? What exactly are the tax breaks on big business?

prior to the election the shadow treasurer was upset the government pays a whopping $20 million a day in interest to service our net debt of 11% of GNP. the average for the world’s seven biggest economies was 92.5%. i believe gross debt is around 20%.

DJPatrick wrote:After riding out the Global recession relatively unscathed, Australia has voted for "economic rationalists' who promise to cut government services and jobs as well as increase taxes on the poor while giving BIG Business tax breaks...Fuckheads!!!

You'd fit in great over here.