Government stimulus defeated in legal case.

[RPO83]

I hope the High Court finds in favour of the Professor. I'm sick of this country believing that the money they are given from the Government somehow comes from a magical place. Now that we have a huge deficit you and your children will be paying all of this money back for years to come, with interest.

We're in recession, we now have a huge deficit, unemployment is rising and yet with all this Kevin Rudd is our favourite Prime Minister? This country is stuffed.

[Redmund]

Originally Posted by samsy351

So if its proven illegal, what happens to the people who have already received it?

He introduced the Alcopop tax illegally. Hands up all those that paid the extra few dollars for their drinks and were refunded.

This package is ridiculous anyway. Plummeting the country into more debt will worsen this situation we are currently in.

[Redmund]

Originally Posted by RPO83

I hope the High Court finds in favour of the Professor. I'm sick of this country believing that the money they are given from the Government somehow comes from a magical place. Now that we have a huge deficit you and your children will be paying all of this money back for years to come, with interest.

We're in recession, we now have a huge deficit, unemployment is rising and yet with all this Kevin Rudd is our favourite Prime Minister? This country is stuffed.

Agreed.

Illegal taxes. No economic idea. Borrowing money and sending us further into debt.

But hey, he doesn't have bushy eye brows like John Howard did. :togo:

[Iggypoppin']

Originally Posted by RPO83

I hope the High Court finds in favour of the Professor. I'm sick of this country believing that the money they are given from the Government somehow comes from a magical place. Now that we have a huge deficit you and your children will be paying all of this money back for years to come, with interest.

We're in recession, we now have a huge deficit, unemployment is rising and yet with all this Kevin Rudd is our favourite Prime Minister? This country is stuffed.

I'm going to be very technical here, and tell you we are NOT in a recession, as a recession is described as two quarters of negative growth, and we have not officially slipped into that category yet. We will also be paying for government debt regardless(we all pay tax all the time, that's what they use to repay debts) so really, we are simply getting a quick fix. But if your belief is that Ruddles is an idiot, an alternative solution would be......?

[Redmund]

Originally Posted by SLWXR6

We will also be paying for government debt regardless(we all pay tax all the time, that's what they use to repay debts)

Sorry, let me understand this.

I pay income tax.
I pay 80 odd cents a litre in fuel excise.
I pay 10% GST on most goods and services.
I pay stamp duties on cars and houses.

John Howard managed to wipe off 94 billion dollars of national debt and put us into surplus. Tell me why we are now in debt?

[RPO83]

Originally Posted by SLWXR6

I'm going to be very technical here, and tell you we are NOT in a recession, as a recession is described as two quarters of negative growth, and we have not officially slipped into that category yet. We will also be paying for government debt regardless(we all pay tax all the time, that's what they use to repay debts) so really, we are simply getting a quick fix. But if your belief is that Ruddles is an idiot, an alternative solution would be......?

Ok, we are not in a recession, but all indications point to the inevitable. I never stated or implied that Rudd was an idiot. An alternative solution would be...cut red tape for small business, cut taxes, introduce a competitive labour market system.

[Eu-GenixX]

Originally Posted by Redmund

Sorry, let me understand this.

I pay income tax.
I pay 80 odd cents a litre in fuel excise.
I pay 10% GST on most goods and services.
I pay stamp duties on cars and houses.

John Howard managed to wipe off 94 billion dollars of national debt and put us into surplus. Tell me why we are now in debt?

coz john howard was leeching off the mining boom....creating massive amounts of money with exports etc... rudd inherited a sinking ship... the mining boom has died.. there goes a fair whack of income...and is the reason the aussie dollar has dropped.... the whole world has gone to poo.... not just australia...

[RPO83]

Originally Posted by Eu-GenixX

coz john howard was leeching off the mining boom....creating massive amounts of money with exports etc... rudd inherited a sinking ship... the mining boom has died.. there goes a fair whack of income...and is the reason the aussie dollar has dropped.... the whole world has gone to poo.... not just australia...

The mining 'boom' wasn't there to help pay off billions in debt left by the Keating Government in the 90's, but I do remember an Asian economic meltdown that we avoided and still managed to pay down debt.

[Eu-GenixX]

the fact still remains the world wide economic conditions are A LOT different now then when your beloved johnny howard was in power... the signs were there towards the end tho.. with rising interest rates etc...

[RPO83]

Originally Posted by Eu-GenixX

the fact still remains the world wide economic conditions are A LOT different now then when your beloved johnny howard was in power... the signs were there towards the end tho.. with rising interest rates etc...

I didn't state who I support. The signs were there, the interest rate hikes were to slow down economic growth to curb inflation, nothing at all related to the 'GFC'.

[stalker]

Originally Posted by Redmund

He introduced the Alcopop tax illegally. Hands up all those that paid the extra few dollars for their drinks and were refunded.

This package is ridiculous anyway. Plummeting the country into more debt will worsen this situation we are currently in.

if you remember any money gained by the "alcopop" tax was returned to the alcohol industry or some crap, so the government didn't see any any part of it.

[WOTDAH]

I just want my $900 I dont give a rats about anything else. I pay enough tax to deserve some of it back.

[XRSIKS]

If you pay attention, the Financial crisis started before the election... John howard stuffed up everything, then palmed it off to the new guy

Stupid Liberal party "Er ar, we didn't do it, they did!" :

[XR6_661]

How is it illegal!

It's just giving us back a bit of what we give you.

[Bearman]

The one and probably only time where I was going to get a direct benefit and some useless egghead god damn academic steps on it!! Who is this guy? Has he ever done anything actually usefull?

Probably some left wing bicycle riding twerp with beard, glasses, bad grooming resplendent in a tweed jacket and leather elbow patches. Most likely has NEVER been out of the school system and has no idea of the real world.

[AUIIForte]

What if this whole stimulus package for the people earning under 80k a year is just one big April fools day joke?

[Grechie]

I hope this guy realizes if he wins, and we dont get the 900, that be better get security for his family/himself or better locks on his doors, as people will want to kill him, there is plenty of pyscho people depending on this 900...

[irlewy86]

Originally Posted by Redmund

He introduced the Alcopop tax illegally. Hands up all those that paid the extra few dollars for their drinks and were refunded.

No he didn't, it was introduced after it was passed in the lower house and was awaiting rubber stamping in the Senate. Didn't happen tax was revoked, what was illegal about that?

Originally Posted by Redmund

Sorry, let me understand this.

I pay income tax.
I pay 80 odd cents a litre in fuel excise.
I pay 10% GST on most goods and services.
I pay stamp duties on cars and houses.

John Howard managed to wipe off 94 billion dollars of national debt and put us into surplus. Tell me why we are now in debt?

GDP Debt in 1983 under John Howard 8.4%
GDP Debt in 1996 under Paul Keating 6.4% (not bad considering there was 2 reccesions)
Current GDP debt under Rudd 5.0%
Current Average OECD debt 8%

Lets have all the facts before we start crowning politicans like beauty queens

Originally Posted by Bearman

The one and probably only time where I was going to get a direct benefit and some useless egghead god damn academic steps on it!! Who is this guy? Has he ever done anything actually usefull?

Probably some left wing bicycle riding twerp with beard, glasses, bad grooming resplendent in a tweed jacket and leather elbow patches. Most likely has NEVER been out of the school system and has no idea of the real world.

No he was a former National Party offical which means he believes unless your ancestors were white free settlers you are simply cheap labour to be used and abused

[cob115]

im going to upset a lot of people who dont understand what this willl do to stuff australia ,but i hope this $900 dont make it,its a dumb assss stupid idea that us and our kids will be paying back in higher taxes ,inflation will go nuts as well,people who say bulls,,t just give it a few months to a year as things go backwards,i remember our last time when these morons had control of our money ,bring back howard at least he wont and didnt stuff australia : love you john

[Laminge]

Settle down people or I will settle the thread.

If you dont know what your talking about dont post, which would be new for some

[Iggypoppin']

Originally Posted by Redmund

Sorry, let me understand this.

I pay income tax.
I pay 80 odd cents a litre in fuel excise.
I pay 10% GST on most goods and services.
I pay stamp duties on cars and houses.

John Howard managed to wipe off 94 billion dollars of national debt and put us into surplus. Tell me why we are now in debt?

We're in debt because Kevin Rudd borrowed after spending the surplus...
And obviously john Howard didn't repay the money in a day. Took him years to do it. Who's to say K-Rudd won't do the same. Time will tell but seriously, no matter how anyone looks at this, no one is ever going to be 100% happy with our government. I didn't like Howard, and I don't agree with all of Rudds ideas. Like they did in south park-"every election is going to be between a doosh and a crap-sandwich" meaning no matter who the vote goes to, your always getting someone you won't be happy with

[Fev]

Lets just wait and see what happens today k?

[CAT600]

Originally Posted by RPO83

The mining 'boom' wasn't there to help pay off billions in debt left by the Keating Government in the 90's, but I do remember an Asian economic meltdown that we avoided and still managed to pay down debt...................

...............I hope the High Court finds in favour of the Professor. I'm sick of this country believing that the money they are given from the Government somehow comes from a magical place. Now that we have a huge deficit you and your children will be paying all of this money back for years to come, with interest.

We're in recession, we now have a huge deficit, unemployment is rising and yet with all this Kevin Rudd is our favourite Prime Minister? This country is stuffed.

Two of the best posts I had ever read on AFF.

Daniel

[XWGT]

Originally Posted by S&BXR6

yah, sucky, i was gonna use this money to pay off some debts...... STUPID OPPOSITION!!!!!!!!!!! out: :jab:

What does the oppostion have to do with it? Action was bought by a law academic.

[MAD]

I'm sick of this political BS.
I'm sick of un-evidential ramblings of both party's and their staunch supporters.
Howard had a surplus, Howard 'promised' to keep interest rates low and told us all that Labour was going to stuff it all up.... Now what do we have? The lowest rates we've seen in a long time. But we all know it wasnt Krudd's work that did it, cause we can see it was OTHER influential factors. Since when can a politician control the interest rates? That's the RBA's job.
Someone introduced the GST on top of the fuel excise, the other one was opposed, but now they dont seem to mind about that anymore, because it isnt topical. Its all a massive pile of BS in a huge stinking popularity contest.

And I thought the Holden/Ford fight had severe one-eyed supporters that grab hold of some piece of evidence and run with it forever.

At least something is being done, it may be the wrong thing but we wont know for a while yet. I bet if nothing was being done, just bunkering down and doing nothing, there would be massive out cry's because of that too.

How about we just let this carry on, and once it hits the fan, IF it hits the fan, then complain. No point whinging about something that hasnt happened yet.

[Redmund]

Originally Posted by irlewy86

No he didn't, it was introduced after it was passed in the lower house and was awaiting rubber stamping in the Senate. Didn't happen tax was revoked, what was illegal about that?

Right, it didn't pass the senate. The tax should have been imposed AFTER it passed the senate. Instead, gun-ho labor at it's best simply add on taxes to everything and hope for the best. Not this time.

Some people on here are heavy drinkers and this tax would have cost them a few dollars. I must send in my receipts and ask for my refund.

[Redmund]

Originally Posted by SLWXR6

We're in debt because Kevin Rudd borrowed after spending the surplus...
And obviously john Howard didn't repay the money in a day. Took him years to do it. Who's to say K-Rudd won't do the same. Time will tell but seriously, no matter how anyone looks at this, no one is ever going to be 100% happy with our government. I didn't like Howard, and I don't agree with all of Rudds ideas. Like they did in south park-"every election is going to be between a doosh and a crap-sandwich" meaning no matter who the vote goes to, your always getting someone you won't be happy with

Yes it did.

Facts are this: Kevin Rudd inherited a reasonable surplus. He has been in power for less than 12 months and already we are in debt. He wants money making industry killed off too.

This crisis is going to be a lot worse than it need be because of the people making the decisions. Still, it doesn't bother me because I'm in a good position and cashed in on the good times. I feel sorry for the majority of Australian's and wish them all well in these trying times.

[Cookie-XR8]

this is terable, this guy will be the most hated person ever

[flappist]

Originally Posted by BOOSTED-AU

this is terable, this guy will be the most hated person ever

Yeh if only Adolf Hitler had not opposed the 900 Rm gift back in 1939 he would not have got into so much trouble........

[Scott]

Personally hope it gets scrapped. No I'm not rich, yes I have debt, yes it would be nice, no I don't think it is an effective way to stimulate the economy - which is what it's about.

I find it staggering that people can say "lets just spend $42,000,000,000.00 and see what happens" or further, people can be so upset by the prospect of not getting something that they haven't earned and would not normally be entitled to in the face of massive job losses.

If the $900 is put on your credit card debt, that will save you about $2.94 a week in interest payments. Hardly big for you and a certainly a big waste of the initiative to spur on spending. The same money spent with your local business person would possibly show them a real profit of $200 - immediately.

I don't begrudge anyone who would use this money for debt, savings, gambling or whatever as it is the individuals right to spend what they want, how they want.

I do begrudge the Government for risking such a huge amount of money (and perhaps have it only go 30% as far as it could) simply to buy votes.

Here's an analogy:
You're on a pleasure cruise, everything is wonderful. The sky is blue, the waters are calm. A dirty big storm rolls in and your ship strikes a half sunken ship (already a victim of the storm) - you are now on a sinking ship too, in a terrible storm, in the middle of the ocean. The captain has a big cork he could plug in the hole but elects to break it up so that everybody can use their cork how they see fit. If everybody sticks their cork in the hole, the ship will sail to port just fine and repairs can be carried out when the conditions are better. Everybody lives though they have no cork (lol) and didn't get to enjoy the cruise they were on. Alternatively, passengers know that cork floats and they hang onto their bit incase the ship sinks - hey, people don't always grasp the big picture. The ship floods, some people are drowned immediately and you have all these others floating around in the middle of the ocean on their piece of cork... waiting for a big wave or a shark to kill them too.

I hope the Captain just plugs the hole himself but if it turns out you get a piece of cork, please stick it in the hole and save us all.