Sunday, January 18, 2015

The Big Lie About Debt

The great conservative government mantra, we must have a balance budget, or even better we must have a surplus budget, seems to be believed by the general (great unwashed) public. I'm sure if you did a man-in-the-street poll asking if they thought it was important to have a surplus budget, I am sure that most people asked would all say, yes, of course.

If you asked them directly after that, "Can you explain to me what a surplus budget, actually, means?" most people would struggle.

What has been so successful has been the LNP indoctrination of the general public in believing that a surplus budget is what is important, as this was used as a tool to denigrate the Labor Party, especially during the last election.

So much so, it would seem that most Queenslanders when polled about what is most important in the Queensland election is "the economy," some artificial construct, which polled way ahead of The Great Barrier Reef, which just happens to be worth 10 billion dollars to the Queensland economy, but apparently isn’t so important to Queenslanders. It seems such a curious idea.

The idea of not leaving debt for the children seems to have struck a cord with the general public. It is just funny that the idea that the will have to endure a poisoned planet on which to enjoy this great wealth seems to be completely ignored by most of the great unwashed… er… general public.


If you continually try to balance the books, you limit the size of what the govt spends, effectively reducing govt services, you effectively play into the small govt lobby, who only sell off the assets to the private enterprise mates to make a fortune, which ultimately increases the gap between rich and poor. Is that the type of society you want?

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