Not impressed with Morrison's business lunch speech today

Discussion in 'Politics' started by Lizzie, 10th Mar, 2020.

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  1. MTR

    MTR Well-Known Member

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    Kevin Rudd did not save the economy in 2008

    stock market crashed and all bar Melb prop market crashed

    but we did better than most we survived
     
  2. MTR

    MTR Well-Known Member

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    a few deaths and no accountability for this.... but hey not that serious
     
  3. geoffw

    geoffw Moderator Staff Member

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    Rudd gave a cash handout to everybody. LNP are proposing a cash handout to people on Newstart or pensions. It's the same idea, but probably better targeted now to people who are more likely to spend rather than to pop it into their bank accounts.
     
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  4. sash

    sash Well-Known Member

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    That is 100% correct...despite all the ranting...the Libs have done jack with the economy.

    I think we are about to see a lot of right wing business types learn a once in 30 years lesson.

    The country to watch is the US...they might take a hard landing...I am watching their CV numbers. ..if it ends up like Italy...then we are in for a long hard winter..possibly few years....the US is still 30% of the Global GDP ...a crash there will affect everyone...

     
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  5. ttn

    ttn Well-Known Member

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    Scomo needs to be careful with giving money to age pensioners as those age groups are more riskier with the virus and we dont want to hear politicians made fun about giving money to dead people
     
  6. Lizzie

    Lizzie Well-Known Member

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    Least of his worries methinks - would like to see the ages pension increased by $50/wk for 10 weeks, rather than a lump sum of $500 - this would smooth out the flow into the economy rather than a one off purchase
     
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