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Comments by "" (@pwillis1589) on "Labor’s ‘home-grown’ inflation is ‘running wild’: Angus Taylor" video.
@robertnicholson1409 Fair cop, I was only referring to economic policy though.
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The last two federal budgets have been surplus budgets. I’m not sue what you are talking about. Do you mean state budgets?
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@robertnicholson1409 $600 billion of that $900 billion was LNP governments and according to OECD data our national debt is average and %debt to GDP perfectly manageable. It is idiotic partisan politics to blame Labor for any of your perceived problems.
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@robertnicholson1409 I have no problem with including states debt as well and I questioned you about this in my first comment. So does the deficient budgets run by conservative governments in Tasmania count or is only Labor government spending bad. I have no problem with your opposition to all government spending, I assume you don’t access the public education or health systems and refuse any social welfare assistance. How do you expect emergency services (police, ambulance, and fire) to function without government funding? How is national defence meant to function without federal funding. Who is going to pay for the courts and justice system if governments don’t fund them, or as I suspect you want to personally decide what governments spend.
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@robertnicholson1409 No problems and your POV is a commonly held opinion. Governments in Australia have been privatising public assets for years. We clearly have different views on the responsibilities of governments and it’s good to see our discussion remained respectful. I’m not sure property prices will collapse in Australia, not with the current demand and no sign of an extended recession. Property prices rise and fall as they do in any market. Potentially interest rate decreases are only 12 to 18 months away. If by serious international crisis you mean war well that just means ridiculous amounts of government spending.
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@robertnicholson1409 Neo Liberal economics was cast aside and shown to be ineffective when the Morrison government chose to spend more money than a bunch of drunken sailors on rec leave in Bangkok. Keynesian economics has always been the policy of Labor and debt isn’t intrinsically bad. It was conservative governments that abandoned their principles and engaged in deficit budgets. Don’t blame Labor, they have stuck to their principles.
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