Comments on: Swan and the Ruddster versus the Global Financial Crisis http://hourann.com/blog/2009/05/12/swan-and-the-ruddster-versus-the-global-financial-crisis Hourann’s illogical blog Sat, 31 Dec 2011 01:56:17 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: The Pencil Guy » The new Northbridge Link plan: could be worse http://hourann.com/blog/2009/05/12/swan-and-the-ruddster-versus-the-global-financial-crisis/comment-page-1#comment-14422 The Pencil Guy » The new Northbridge Link plan: could be worse Tue, 05 Jan 2010 06:46:47 +0000 http://hourann.com/?p=572#comment-14422 [...] it still has the unfortunate feature of the railway not being underground all the way (alas, the promised Federal funding doesn’t go that [...] [...] it still has the unfortunate feature of the railway not being underground all the way (alas, the promised Federal funding doesn’t go that [...]

]]> By: Aimee http://hourann.com/blog/2009/05/12/swan-and-the-ruddster-versus-the-global-financial-crisis/comment-page-1#comment-14226 Aimee Wed, 13 May 2009 12:22:41 +0000 http://hourann.com/?p=572#comment-14226 In the same vein of sourcing OECD/IMF arguments, I was disappointed to see that there was not a credible plan for returning the budget to surplus. At the moment this is not scheduled to occur until 2015-16! What's more, this is based on a return to above-trend growth rate of 4.5% from 2011/12 on. This is wildly optimistic compared to every other forecaster on the planet. Even the nutters! Therefore I don't believe that this is a credible budget. That is not to say that some debt = ok, but that the potential adverse consequences should not be glossed over. More interesting, I think, will be next year's budget. An election year and the results of the Henry Tax Review, an interesting combination. In the same vein of sourcing OECD/IMF arguments, I was disappointed to see that there was not a credible plan for returning the budget to surplus. At the moment this is not scheduled to occur until 2015-16! What’s more, this is based on a return to above-trend growth rate of 4.5% from 2011/12 on. This is wildly optimistic compared to every other forecaster on the planet. Even the nutters! Therefore I don’t believe that this is a credible budget. That is not to say that some debt = ok, but that the potential adverse consequences should not be glossed over.

More interesting, I think, will be next year’s budget. An election year and the results of the Henry Tax Review, an interesting combination.

]]> By: azza-bazoo http://hourann.com/blog/2009/05/12/swan-and-the-ruddster-versus-the-global-financial-crisis/comment-page-1#comment-14225 azza-bazoo Wed, 13 May 2009 04:41:17 +0000 http://hourann.com/?p=572#comment-14225 lol! Alas I haven't seen it, and by the time I do, any review I could write would be old news. Woe to being busy at work, and stuff :-( lol! Alas I haven’t seen it, and by the time I do, any review I could write would be old news. Woe to being busy at work, and stuff :-(

]]> By: Luke Ramshaw http://hourann.com/blog/2009/05/12/swan-and-the-ruddster-versus-the-global-financial-crisis/comment-page-1#comment-14224 Luke Ramshaw Wed, 13 May 2009 04:15:01 +0000 http://hourann.com/?p=572#comment-14224 Yes, but... What we all REALLY want to know is: What did you think of the new Star Trek film?!?!?! Yes, but… What we all REALLY want to know is: What did you think of the new Star Trek film?!?!?!

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