
TRUST ME IT WILL GET BETTER SOMEDAY!!
Australia will be going to the polls this Saturday, 2 July. There are two major parties in Australia, the Labor Party and the Liberal/Nationals (Coalition) Party. One of the “funniest” things I have read so far is the Labor Party acknowledging they will run the country in the red the first few years BUT it will come good in the future. A family or company couldn’t operate this way but there again we aren’t talking about someone who is accountable for their budget; are we?
“A Labor government would leave the federal budget $16.4 billion worse off if it wins the July 2 election, but maintains it would match the Coalition and return to surplus by 2020-21.”
“In the near term, Labor would have a $39.5 billion deficit in 2016-17 compared to the $37.1 billion predicted by Treasury and the Department of Finance in the pre-election economic and fiscal outlook.
By 2019-20 the deficit will be $11.3 billion, compared to $5.9 billion under the coalition.
Labor will also use almost $3 billion from the Coalition’s superannuation changes, without committing to adopting the policy.
Mr Bowen said Labor would deliver $10.5 billion in savings over the next decade, bringing its total budget improvements to more than $130 billion.” http://thenewdaily.com.au/news/2016/06/26/labor-election-costings/?utm_source=Responsys&utm_medium=email&utm_campaign=20160627_TND
Oh, by the way, I have a bridge for sale in San Francisco.


“There is now a Republican-led effort for the Senate to confirm President Obama’s nomination of Carla Hayden to be the librarian of Congress. Her confirmation hearing proceeded without any serious review of her record, her views, or her qualifications.






