Wednesday 3 April 2019

Andrew Bolt's Blog,3/4/19 2 things is all you need to know about this budget; Abbott's Debt and deficit disaster 16.8% to 42% of GDP; Tax Cut drop shot;








38m
PAYWALL 
Surprise surprise Bolt's first comment on the Budget and it's a Murdochian banner abusing Aunty.   It's not even commenting unless, of course, you want to subscribe to the Herald Sun and read more of the same inside.
5,1/2 years have gone by, and inquiry after inquiry found Aunty innocent of bias and is totally bypassed. Bolt and the Murdoch media Hydra simply vomit false facts that Aunty is a bitch whore that's she's made them call her out yet again. 
The fact that the ABC isn't biased protects our Democracy by being the only bulwark of critical thinking against the Liberal Party, the IPA and Murdoch's efforts to diminish, vandalise her for nothing but profit is hidden in plain sight and rarely mentioned. Theirs is the most significant single attempt at subsidised bastardy to have our Democracy fueled on a diet of fake facts that the country has ever seen. Ridding Australia of the ABC would be the single most act of censorship smoke and mirrors handed on a platter to Murdoch to control the nation's world view or mindset.
 Step back to 2013 when Abbott was handed the prize of PM when the ALP cake walked stage-left out of the building. In Abbott came stage-right on a promise "No Cuts to the ABC". That lie translated to $200 mill worth of cuts followed up by another $80 million by Turnbull leaving Aunty in 2019 with the same budget it had in 1984.  All this in a country that had doubled in size and needed enormous capital upgrades. The ABC performed exceptionally well to survive under the circumstances. Imagine Andrew Bolt running his household of one back in 1984 on that budget now? His complaint that Morrison has handed back $44 mill of the $300 mill cut is moronic. The Liberal Party have been caught out interfering with upskirting and molesting Aunty these past 5,1/2 years and were busted. Bolt was an enthusiastic perv and supporter on the sidelines however continues screaming for more more, to do her quickly but so much more.

Scott Morrison's forward planning budget built on fantasy not todays reality.(ODT)
1h
Remember Bolt's bullhorn in 2013 blowing out Abbott's debt and deficit disaster well that's blown out and almost tripled as a % of GDP and Bolt doesn't mention it. Nor does he point out the cohort most likely to vote for the ALP will get nothing as to will the group most likely to vote Liberal. This is an attempted bribe at the swinging voters that have jumped ship and gone to One Nation and the Independents not even in all states. It's a bribe aimed at Qld, WA.




 Low-Income Australians To Receive One-Off Lump Of Coal, To Help Offset Threat Of Renewables – The Shovel



https://static.ffx.io/images/$zoom_1%2C$multiply_1%2C$ratio_1.777778%2C$width_1984%2C$x_0%2C$y_32/t_crop_custom/w_800/q_86%2Cf_auto/d1a8ed176cac98fb247fd6cb132b4daf866825f7

 

Don't believe Frydenberg's surplus until we see it

Here's a clue – if you're a taxpayer earning under $40,000, the government assumes you're not going to consider voting Liberal and if you earn over $120,000 it assumes you're not going to consider voting for anyone else.
https://static.ffx.io/images/$zoom_0.53%2C$multiply_1%2C$ratio_1.776846%2C$width_1059%2C$x_51%2C$y_0/t_crop_custom/w_800/q_86%2Cf_auto/738b4e68021a4558e98e8c046d780d9d64be83d5
Tonight's federal budget represents an opportunity for an ambitious politician such as Josh Frydenberg to demonstrate long-term vision.
In 5½ years, the Coalition has doubled the nation’s debt. Whereas most of the developed world increased their gross debt above 80 per cent of GDP during the GFC, Australia’s ratio was just 16.8 per cent in 2013 when Labor left office. Today’s figure is 42 per cent. Australia’s gross debt numbers $543 billion, up from $175 billion. The government’s policy of banking extra revenue generated by the economy and offsetting all new spending with reductions elsewhere in the budget has been observed more in the breach. International comparisons underline its poor debt management: from 2013 onwards, governments have been steadily repaying debt. Germany’s fell from 81 per cent to 63.9 per cent at year’s end 2017. Ireland’s debt is down from 120 per cent to 68 per cent. New Zealand’s debt is down from 34 per cent to 31 per cent.

No comments: