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Friday, 25 July 2008

We've got to be tough, not lucky: Swan slams Howard govt

12/05/2008 12:35:00 PM.  | Yoni Bashan in Canberra

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The printers are whirring, the numbers are locked in, and the Treasurer says tomorrow's Budget will deliver responsible savings for the whole country.

The rich are expected to be hit hardest by spending cuts, but we're being told tough decisions had to be made.

Wayne Swan thinks people will come to realise the added pressures weighing down the Government.

“Look I’m confident that Australians understand the need for tough decisions in this budget,” he told reporters in Canberra today.

“Spending has been out of control in recent times, it falls to this government to rein in irresponsible spending. We must do that to put downward pressure on prices and downward pressure on interest rates.”

Mr Swan slammed the previous government for failing to anticipate the current economic situation.

"We're not going to be as lucky as the previous government when it came to revenue upgrades so we can't be as lazy in terms of our response," he said.

"That's why we've had to make significant savings. The previous governement just relied upon endless increases in taxation revenue to fund increasing spending. We haven't got that luxury."

COMMENTS

Monday, 12 May 2008

It makes me throw up every time this mob called Swan utters rubbish based on his socialist ideology. Take baby bonus for example. Mean testing it will simply encourage those bludgers who cannot afford children to have children, & discourage those who CAN afford children not to have children. Research shows that those who are bludgers & are on welfare are more likely to have their children brought up the same way (is this a surprise?). Bludgers should not be allowed to breed. Period.

Posted by: W O, Turramurra

Monday, 12 May 2008

im with you W O People who do not pay tax should not receive the baby bonus full stop, Their bonus is our tax they receive every fortnight

Posted by: Pete N, Sydney

 

Monday, 12 May 2008

What the hell has luck got to do with it Mr Swan? It was bloody good management from the previous government, something YOU lot have to not only recognise but follow. This is what happens when you promote the office boy to CEO, bulldust rhetoric but nothing substantial.

Posted by: colleen a, Sydney

 

Monday, 12 May 2008

You'd be better off being SMART instead of tough Mr Swan. Now that's a really big ask, but try.It'll hurt but keep at it.

Posted by: colleen a, Sydney

 

Monday, 12 May 2008

You shoulkd be so lucky Mr Goose If only you had just 10% of the ability of the previous gornment to manage an 11 year prosperity time like they did. Already we have had broken promises and inflation starting to rise along with the jobless and the housing interest. Yes you should be so lucky

Posted by: Peter Salerno, Sydney

 

Monday, 12 May 2008

..me thinks Swan talketh too much!

Posted by: Gazza Benson, Blacktown

Monday, 12 May 2008

Benso, we better show some mercy and allows him to talk (even though he sickens me each time he opens his mouth). As with most labor politicians, talking seems to be the only thing they specailise on.

Posted by: W O, Turramurra

 

Monday, 12 May 2008

This man Swan is too dumb to realise that he is very lucky-very lucky to inherit such a fantastic economy and very lucky that the media and the majority bought Rudds pre election spin. Since they have taken Government working families are doing it tougher than ever and all the spin in the World will not improve their lot. Perhaps Swan would have preferred to take over from the great Labor icon, Paul Keating, with the debt and the high unemployment.

Posted by: Desmond Harris, Beacon Hill

Monday, 12 May 2008

Des.. I think Swan knows he's lucky, but he's too politically dumb to admit it, and gain credibility amongst the alienated Coalition supporters, as well as the bludgers on the left of the party. Quite frankly, Swan is STILL in election mode and he can't seem to shift his mindset. He's won the election but just can't move on.

Posted by: Geoff Bolton, Lane Cove

 

Monday, 12 May 2008

People complain about the money Howards government had to raise yet nobody mentions the fact it was a Labour government who put this country into debt that Liberal had to be responsible and fix because Labour failed. It was under Labour we had hideous interest rates which seems to be where we are heading now. They have no control over anything and now because of idiots we are stuck with them screwing up the country and driving us into the ground for another 3 and a bit years.

Posted by: Sam L, Western Sydney

Monday, 12 May 2008

Sam, its been just on 6 months. Do you think a government has a evil magic switch that forces inflation and petrol prices up ? You live in a media driven dream world buddy. Inflation is a cycle, you have extended low periods which will inevitably lead to high periods. There are a lot of things wrong with our country now - and we need to stop spending money on defense for other countries and fix our own backyard.

Posted by: John Coward, Redfern

Monday, 12 May 2008

John, rising petrol prices, inflation and interest rates started BEFORE the election. Rudd attacked Howard about these and claimed he has all the answers! So he cannot dodge away from responsibilities now and blame the previous government for it. As for only being in 6 months, so how long does he need - 1 year, 2 years, 10 years? I am afraid the so called "working families" will not survive that long before they start losing their houses.

Posted by: W O, Turramurra

Monday, 12 May 2008

WO, and remember if Rudd was so concerned about cutting costs he could have started the cost cutting on Day 1, not 6 months later! He could have avoided giving Vic $3bn! There are numerous examples of Rudd's Inflation charade. Just watch him cancel, then copy (but re-badge) coalition policies.

Posted by: Geoff Bolton, Lane Cove

Monday, 12 May 2008

You speak the truth WO. Let it be known that even though my name is a dig at a former PM, i do not just blindly follow labour. I simply applaud good decisions. Inflation has been rising and looking ominous since the Q1 2006. Thats nearly two years under Howard, this proves it takes time to encourage the consumer to correct it. So why when this govt takes a step towards a more ethical budget, encouraging a bit of belt tightening, particulairly for the better off do they get lambasted ?

Posted by: John Coward, Redfern

Monday, 12 May 2008

WO. I never reealised that "John Coward's" name was "a dig at a former PM" - I thought it was a reference to the contributor's character!

Posted by: Geoff Bolton, Lane Cove

Monday, 12 May 2008

Geoff, ironic that you try and place my jest at a third party back on me by implying i'm a coward. Yetyou do this to another person, not directly to me. Implying cowardice in yourself haha. There's a reason I can't make my true identity known.. a reason you'll never find out

Posted by: John Coward, Redfern

Monday, 12 May 2008

John, the problem is Rudd created the expecation that he has the magic INSTANT cure to all these issues. Go and ask how many labor voters have this expectation, ie expecting things to be better immediately after he won. The trouble is, there is no magic cure and now he has to play the spinning game to save himself. By the way, I personally don't think inflation is necessarily bad, as long as it comes with a strong economy and low unemployment. Just for the record.

Posted by: W O, Turramurra

Monday, 12 May 2008

WO, I agree - there was/is the expectation of a magic cure. I think that the blind followers of both parties have also exacerbated this expectation. But anyone who can look through objective eyes can see that, as you say, this is a cycle and there is no magic cure. Just responsible spending by both govt and people. I also agree that I don't see this level of inflation as that much of a problem, but I live within my needs, save money and have not borrowed on 95% of a property simply to own one

Posted by: John Coward, Redfern

Monday, 12 May 2008

John, I think you have hit the nail on its head. I wish more people are like you that only live within one's means. I also had a mortgage and I try to get ahead financially by paying it off as much as I can. You see, interest rate rises only hurt those who spend beyond their means (busting credit cards, committing to home loans that are way too much, etc). If one makes sound financial decisions inflation and interest rises, though undesirable, can be managed and controlled.

Posted by: W O, Turramurra

Tuesday, 13 May 2008

You are absolutely right!

Posted by: Sandy S, Sydney

 

Monday, 12 May 2008

They fail running A STATE! Yet people have been stupid enough to vote them in to run an entire country! All because they figured he was Green friendly and "hip" personally I would rather someone who knew what they were actually doing. All he ever did was copy Howard and now who does he have to copy? Because of him this country is going to be run into the ground, noone will be able to drive, own a house, buy food or have any sort of a decent life.

Posted by: Sam L, Western Sydney

Monday, 12 May 2008

Oh and on 'no-one cay afford to buy a house' ... When will people wake up to themselves, the govt liberal or labour have NOTHING to do with house prices. Consumers drive up house prices with their greed and absolute need for the 'aussie dream' of buying a house. Welcome to the real world, the rest of the world, where people rent and cities don't span 40000 sq km. Everyone wanted Aus to stand up and be a big economic player in the world, well this is a consequence. Try buying a house in New York

Posted by: John Coward, Redfern

 

Monday, 12 May 2008

We should be providing the rich overseas with incentives to come and live here become citizens - the best country in the world-this would drive our economy and make it a lot stronger - people investing their billions-get the message out there-instead you have useless Rudd's negativity which is extremely damaging - we should be promoting our country to the rich, it's a lot safer than living overseas-watch the growth then when people begin to invest here! Have our own banks then - stuff the RBA!

Posted by: Dan Concerned, *

 

Monday, 12 May 2008

It isn't about luck or toughness. They only need to be competent. Mr Howard and Mr Costello were better than competent, they had been brilliant in their time in office. Swan needs to show that he can make the right decisions, not just call his decisions right. Dr Nelson has already announced the grounds on which he will judge the budget. I think we should follow the lead.

Posted by: In Evah Tah Ball, Carramar/Sydney

 
 

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