Comments by "Simon Harris" (@simonharris4873) on "Treasurer will ‘absolutely squander’ Australia’s Future Fund" video.

@Neil-yg5gm Countries who took the austerity approach during the GFC suffered far more than we did as a result. The UK did that, and still hasn't recovered. Luckily, we had someone who knew what he was doing in charge, so it barely impacted us.
2
Why shouldn't our children pay for things they'll benefit from?
2
Or a capitalist.
1
@Neil-yg5gm BTW, the Treasury report you mentions, it said that $334B was between 2004 and 2007. Nice try.
1
@jack1234356 I own houses, lots of them, and I rent them to people like you.
1
@Neil-yg5gm No, it was thanx to the resources boom.
1
@jack1234356 Whatever you say child.
1
@Neil-yg5gm Yes they did. Started in the early 2000's.
1
@Neil-yg5gm So he did see a resources boom. That's for admitting you were wrong.
1
@deanhays6115 You clearly think an ad hominem constitutes a valid point.
1
@Neil-yg5gm Your opinion is not shared by... well... anyone really.
1
@Neil-yg5gm Repeating the same lie over and over doesn't make it true. Howard even referred to the resources boom himself when he was still PM. Every online resource I've looked at says he not only benefited from it, but blew far too much of it on tax cuts for the rich and buying votes with things like the plasma bonus. So unless you have something a little more substantial to add than "Did not!", I don't see the point in continuing.
1
@jack1234356 Grow up child.
1
@Neil-yg5gm How does that translate to "Howard did not receive a resources boom"?
1
@Neil-yg5gm No, they started in 2003.
1
@jack1234356 Whatever you say, child.
1
@Neil-yg5gm Nope. The terms "resources boom" and "Mining boom" were being used well before 2007.
1
@jack1234356 Welcome to my blocked list.
1
@Neil-yg5gm "commodity prices are currently double what they were in 2007" - Milk is double the price it was in 2007. That's called inflation.
1
@Neil-yg5gm The price of iron ore double between 2003 and 2005, because we were selling a lot more of it. That's a boom. QED. Don't bother responding, we're done.
1
@Neil-yg5gm Iron doubling in price over 17 years with zero increase in demand, when virtually everything else has also doubled in price, that's not a boom, it's inflation. That's what happened between 2007 and 2024 Iron doubling in price over 2 years due to a large increase in demand, and virtually nothing else doubling in price... that's a boom. That happened between 2003 and 2005.
1
@Neil-yg5gm You think a boom is driven by price. It's not, it's driven by demand.
1
@joebloggs24 No, I meant they as in the children.
1
@Neil-yg5gm One last thing... the price of Iron ore has decreased since 2007, it has not doubled.
1
@Neil-yg5gm Ok troll, whatever you say. I'm done responding.
1
@jack1234356 It works fine in Scandinavia. Capitalism has never worked.
1
@joebloggs24 He never wanted young people buying their own home. He wanted them paying rent.
1
@Neil-yg5gm Yes, he did. Next you'll be saying he never ever implemented GST either.
1