simplesimone,
"Abbott/Hockey are playing a dangerous game and betting the farm on their ideology.They believe by Govt getting right out of the picture business will take the reigns and steer the economy onward and upwards.In their view with business running the place productivity and demand will be lifted.They believe with this rise in the tide everyone will be lifted..... a rising tide lifts all.
They believe Govt should sell off assets and DEREGULATE hard,generally get out of the way."
Other than the....
"Abbott/Hockey are playing a dangerous game and betting the farm on their ideology"....
you are basically correct.
Australia and all other previously successful countries have built their wealth that way.
All centrally controlled Socialist/Communist Countries fail.
There are more than enough studies that show increased GDP with Lower Taxation and reduced GDP with Higher Taxation. GDP ultimately creates jobs and wealth and social prosperity, taxes don't.
Having looked at a few posts on most of the Lefty posters they always have posts on stocks they hold.
Why is it that the Lefty posters holding shares are also "Pure Capitalists"? Are they confused, dishonest, arrested in their emotional and intellectual development or just mentally unwell?
It would really help me find some way of understanding those that have an abhorrence of those that believe in the Free Market yet sneak in on the sly to catch a bit of the action.
MI
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