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WHO CAN FIGURE ANYTING OUT WHEN THIS GOVT HAS TOTALLY TRANSFOMED...

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36 Posts.

20/06/20

11:09

Post #: 45341337
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Originally posted by TheCount: ↑

No one has defined exactly what they are using as a metric to state the current environment is out of control or a problem. They offer a series of anecdotes and one-liners crying foul whereas they have no idea what they are crying for..

Is it unemployment?
Is it debt to GDP?
Is it Interest rates?
Is it percentage of the budget spent on welfare?

Before this topic can really be discussed, a multitude of factors needs to be established. If the two sides of the discussion can't agree on at least the terms of reference, there is no hope..

Here's a chart of our debt to GDP going back to Federation.

We're not doing too badly thanks.

This is above Politics but so many fall into the trap of taking sides and making statements based on it.

TC.

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WHO CAN FIGURE ANYTING OUT WHEN THIS GOVT HAS TOTALLY TRANSFOMED DATA IN ORDER TO CONFUSE EVEN GIFTED MATHEMATICIANS AND ECONOMISTS
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