ABC Fact Check Uncategorized

Don’t get caught up in the fear porn of Neo-Liberal extreme money Amounts

There are a lot of costings, percentages, forward estimate billions amongst many other fearful dollar amounts being bandied about Parliament question time, in right winged media outlets and now, in our heads. Australia is in a great international and national economic position(s), with Australia’s AAA credit rating of being 33.1% of gross domestic product (GDP) making it the best damned credit rating in the world as the table below reveals.

doi: 10.1787/gov-debt-table-2004-1-en

What the Liberal party are doing, is telling YOU wildly inflated dollar amounts that are calculated sometimes 10-years into YOUR future. Now when you take the growth of the basic wage, the GDP projections over the forward estimates, these are presumed amounts that are projected according to ‘current’ economic calculations to which have been hugely inflated to presume a budget emergency and to keep YOU distressed thinking that Australia is about to sink into the ocean.

The sky is not falling, chicken little is merely learning to crow.

So to put this all into some type of perspective for you, I ask you this:

If you took the amount you earn today, lets say 700.00-pw, and with this base amount alone, work out a ten year economic plan that will fit with your growing family, the cost of living, interest rates, loan repayments, car and fuel upkeep etc….

You could not survive, you would most likely lose your home, eat thanks to charity, or what you grow, because each year interest rates vary, children require new clothes, school equipment, fees, outings, you yourself might like some new underwear of have become tired of mending clothing that now rots in your hands.

There is not too much difference between this analogy and what YOU are being told by the Abbott fear mongers.

Australia is a wonderful and lucky country, but the Abbott government want to take Australians back to the 1950s & 60s. He wants YOUR wage to reflect 1950s rates and so does his rich mates, he wants women to become stay at home mothers who leave their family home to get married and pump out as many children as they can, he’ll have none of this career woman malarkey!

If you are feeling frightened by the millions and billions of dollars that neo-liberalisms (are Economic extremists but like to be known as Economic Rationalists) continue to mantra in YOUR heads, then stop!

Stop and reset your mind. Take a break from the spin, reboot and really listen to the fear porn that WE are being bombarded with moment by moment since Tony Abbott became leader of the now Neo-conservative party, a party that Malcolm Fraser referred to as ‘a party unrecognisable from the party he joined 50-years prior (Source).’

Remember that John Howard is known as the prime minister who spent the most wasteful amounts of money (Source) and he lost his own seat when he was finally dethroned, remember.

Abbotts Neo-Libs have been in power for just over 8-months and they are also on track to spend just as much money as Howard did by 2017-18. A large portion of money that they are saying is a part of the ‘budget blackhole’ was spent by them in the first few weeks in power: 8.8-billion dollars given to the RBA and was not requested by the bank as we have been told by the Abbott government (Source).

Abbott spent more of tax payers money for his personsal pursuits of the 2011 Iron man competition, he was flown to India along with Julie Bishop by Gina Rinehart to attend a wedding, then used tax payer monies to fund their leisurely ways back to Australia. They even used tax payer funds to attend the wedding of Mr Peter Slipper who they later fed to the wolves. It would take 0.36c out of every $100 government dollars to end hunger across the globe (Source) but Julie Bishop does not want to spend a cent to save a life (Source).

Ms Bishop said the coalition supported moving to giving 0.5 per cent of national income in aid, however couldn’t make a commitment of when that would be until they had seen the books. She said she was keen to examine ways to spend aid more effectively and set key performance indicators for aid spending. Ms Bishop also said she would like to see aid focus on our region and be used to encourage economic development(Source).

The neo-liberals are happy to spend billions of tax payer dollars to buy military aircraft from the Yanks and they don’t work (Source). Other countries are warning Australia not to buy them, but Abbottism knows better. Its just like Howards ‘flat pack black hawkes that are still not in the air, i’m not even sure if they have arrived yet (More Info)!

Yes there is government debt, but when Tony Abbott tells you that you are paying that money, don’t allow him to spread his fear mongering into your life.

His budget is lies.

His budget attacks families; those trying to raise children, young working couples, families supporting elderly parents or grandparents and those disabled and those trying to better themselves through education.

His budget wants our children to move to areas where they have no family support groups nor friends, to areas where they cannot afford housing or food, to a place where we know 6-months of the year, our children will have nothing. Government will always have debt and a good government knows how to service that debt with little to no harm to its people. We are not part of the Euro-zone or the globalisation process that is being forced on many unhappy and civilly unrestful peoples in Europe.

We are Australians and we have options.

  • Abbott is the problem, and if he is not voted out, ousted out, he is Australia’s danger, not government debt.
  • Julie Bishop is dangerous to our international standing,
  • Scott Morrison is detrimental to our human rights standing,
  • Joe Hockey is a blight on the backside of humanity, who danced to the ‘best day of HIS life’ moments before handing down a budget that has the sick and vulnerable sweating blood, to borrow a line from a bible (Luke 22:44).

    JMO

    JMO

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