Australia's largest stock trading and investment forum Australia's #1 stock forum

One Nation soars post-election!, page-106

First 106 Last

Share
Profile

Follow
ScoobyDoobieDo

3,826 Posts.

2

17/10/16

21:37

Post #: 19922042
Share

Originally posted by Hanrahan ↑

I agree completely with that, while I believe that debt is an important tool for a government to tweak economies, you cannot rely forever on inflation covering your tracks.

I'm caught betwixt and between. I am sympathetic to Keynesian deficit spending in times of slow or -ve growth, but NEVER for recurrent expenditure, hence my abject disappointment in Rudd. Can you believe I voted for him? I need a memory reset. lol

His fans will say he sort-of spent on capital projects but I defy any of those fans to name anything that will be productive in the long term as the Hoover Dam in the US was or a tiny local project at the same time: A road up Mt Spec. Rudd cannot even lay claim to a local road that will be remembered.

Expand

Yeah, that is plain suicide.

Regarding voting for him, I think he was a master of disguise and fooled a lot of people. While I didn't vote for him, I was impressed with his communication ability and how he wrong footed Howard a number of times.

On the legacy he left, there are school halls, pink batts and big screen TV's.
3 Upvote

Reply

Top Stories

WA8

Warriedar aims for Ricciardo MRE upgrade on 'thick, high-grade' gold and antimony

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

PTX

This rare type of lymphoma ruins the body – so do existing treatments. Prescient could have a solution

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

STX

Are Strike and Carnarvon Energy about to become best friends?

First 106 Last