Australia deficit blows out, growth downgraded

[winnipegjets]

what makes you so sure that when opposition hold key position in the ministries, they will screw up. the current pap politicians screw up, the mainstream media portray it as a minor mistake and asked all to move on. anytime, i believe that the opp. will do a better job as they are hungry to perform,just that they were not given a chance. and people compare and think that they are not doing a good job.

You misunderstood me lah. I am in your camp.

 

[nutbush]

no worries, i am a lone ranger,i come as the wind blow...

adding on, how can china fail? china fail, nihon also jiak lat, unless china cut away from australia which is unlikely. chinks have been snapping up properties in australia. what does that tell you? they are investing in down under, aust. is an attractive place for investors to be. labour costs are high so that all aussies are self sufficient, you dun see old folks working in Mc Donalds only and mostly students working part-time. i have asian friends working in the banks there and doesn't seem that they prefer all whites.

You misunderstood me lah. I am in your camp.

 

[Gallego99]

If only the Conservatives have the guts to walk their talk.

Joe Hockey sounded the public over the deficits yesterday. What will follow in the coming weeks and months will be the action plans. They either have to cut spending or raise taxes or both. My take is they will cut spending first b4 any tax increases.