I remember him getting all gung ho about IR rises a year or three ago, he said he wouldn't back down one iota.
What a wanker.
He's just a typical brain dead, ethically promiscuous Catholic.
He's more than an idiot, he's definitely special. Most of Australian politics is made up of mediocre middling morons, with the occasional brief but bright light, but Joe Hockey is probably the dimmest bulb in Parliament for 30 years.
I guess that's why they made him treasurer, standing next to Tony Abbott makes Abbott look smart enough to tie his own shoelaces.
No wonder Black Pussy feels such a special kinship with the current government.
I remember him getting all gung ho about IR rises a year or three ago, he said he wouldn't back down one iota.
What a wanker.
He's just a typical brain dead, ethically promiscuous Catholic.
As opposed to a Thieving Jewish Bankster ?
genX
22 Sep 2013, 11:56 PM
He's more than an idiot, he's definitely special. Most of Australian politics is made up of mediocre middling morons, with the occasional brief but bright light, but Joe Hockey is probably the dimmest bulb in Parliament for 30 years.
I guess that's why they made him treasurer, standing next to Tony Abbott makes Abbott look smart enough to tie his own shoelaces.
No wonder Black Pussy feels such a special kinship with the current government.
It is good that we have a Christian Catholic PM. Imagine if it was some Zionist Nutjob ? Look how they thrashed the US and are trying to start WW3.
As opposed to a Thieving Jewish Bankster ? It is good that we have a Christian Catholic PM. Imagine if it was some Zionist Nutjob ? Look how they thrashed the US and are trying to start WW3.
Right, because countries run by Catholics are such a raging economic successes. Italy, Argentina, Philippines, Mexico, Spain ... and they are just the best ones.
Oh, and who do you think Malcolm Turnbull worked for?
As opposed to a Thieving Jewish Bankster ? It is good that we have a Christian Catholic PM. Imagine if it was some Zionist Nutjob ? Look how they thrashed the US and are trying to start WW3.
I'm not a Jew bitch. I'm just another bogan from the suburbs.
I'm an atheist.
But you are definitely a Catholic.
genX
22 Sep 2013, 11:56 PM
I guess that's why they made him treasurer, standing next to Tony Abbott makes Abbott look smart enough to tie his own shoelaces.
No wonder Black Pussy feels such a special kinship with the current government.
Good point. I didn't realise that.
BP is a numbskull who blames the Jews for him being such a Jew.
stinkbug omosessuale Frank Castle is a liar and a criminal. He will often deliberately take people out of context and use straw man arguments. Frank finally and unintentionally gives it up and admits he got where he is, primarily via dumb luck! See here Property will be 50-70% off by 2016.
How's the planning for the Matchbox 20, Coldplay and Nickelback SuperTour coming along?
go away. You're the one who pays thousands of dollars to be at the front of Justin Bieber and One Direction concerts.
stinkbug omosessuale Frank Castle is a liar and a criminal. He will often deliberately take people out of context and use straw man arguments. Frank finally and unintentionally gives it up and admits he got where he is, primarily via dumb luck! See here Property will be 50-70% off by 2016.
First the new Prime Minister gaffs big time over a free trade agreement with China with his “whatever we can get” kowtow. Now the new Treasurer is promoting old Australian growth figures from the International Monetary Fund as fresh bad news for the economy. The L plates are being worn large this spring.
Overnight the IMF got around to adopting the existing Reserve Bank and Treasury forecasts for Australian economic growth, which is what it routinely does. In cutting its forecast for Australia's 2013 GDP to 2.5 per cent, the IMF was catching up with what the RBA was saying five months ago in its May statement on monetary policy. Treasury took a little longer to revise its more optimistic budget night forecasts, but by the August monetary policy statement and Treasury economic statement, the numbers were all aligned and pretty much what the IMF produced two months later.
Treasurer Joe Hockey didn't treat it that way, issuing a statement to tell us the IMF had downgraded its expected growth rates for the Australian economy by 0.5 per cent. More bemusingly, the Treasurer said: "Worryingly, the IMF forecasts Australia's unemployment rate to rise from 5.6 per cent in 2013 to 6.0 per cent in 2014.”
It seems poor Joe has been in negative opposition mode for so long, he doesn't recognise possible good news when he sees it. That IMF unemployment forecast is an improvement on what the RBA and Treasury have been saying. The budget back in May guessed unemployment would be 6.25 per cent by June and the pre-election economic and fiscal outlook forecast it would stay there for another year.
What the IMF boffins tend to do every six months is have a chat with the similarly minded nerds in Treasury and the RBA, plus maybe one or two of the more rational private sector economists if they're old mates, and print the Treasury/RBA numbers in their World Economic Outlook publication. Unlike the Treasury, the IMF actually has plenty of respect for, and faith, in those Australian institutions.
So, if the IMF now has a slightly more optimistic outlook for Australian unemployment next year than what Treasury had two months ago, it's possible the official family's faith in a slow pick up next year is increasing.
But The treasurer isn't seeing that, warning instead: "The downside risks documented in the World Economic Outlook confirms significant risks to the Australian budget that will need to be appropriately managed by the Coalition government."
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