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EYE-BALL Opinion – ALP Backbencher Andrew Leigh adds himself to the Idiot Brigade

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Title:
– ALP Backbencher Andrew Leigh –
– adds himself to Gillard’s Idiot Brigade –
| Author: EYE-BALL Opinion | 14th Jan 2013|
The first term ALP Member for the seat of Fraser [ACT] as academic credentials that might make him the smartest MP sitting on the Labour benches – but his comments today about the possibility of the Government still retaining a budget surplus make him another dumbass motherfu_ker seeking to advance himself politically.

His APH website bio reads …

Parliamentary service

  • Elected to the House of Representatives for Fraser, Australian Capital Territory, 2010.

Parliamentary positions

  • Member, Speaker’s Panel from 7.2.12.

Committee service

  • House of Representatives Standing: Economics from 25.10.10; Publications from 25.10.10.
  • Joint Standing: National Capital and External Territories from 25.10.10.

Party positions

  • Member, ALP from 1991.

Personal

  • Born 3.8.1972, Sydney, NSW. Married.

Qualifications and occupation before entering Federal Parliament

  • BA(Hons), LLB(Hons)(Syd.), MPA, PhD (Harvard).
  • Lawyer, Minter Ellison, Sydney and London 1995-1997.
  • High Court Associate to Justice Michael Kirby 1997-98.
  • Senior Trade Adviser to Senator the Hon. PFS Cook 1998-2000.
  • Research Fellow, Progressive Policy Institute, Washington DC, 2001.
  • Professor of Economics, Australian National University 2004-10.
  • Principal Adviser, Australian Treasury 2008-09.

As I said – he should be one smart dude … then why would a party hack looking to get himself noticed, and with his so called economic credentials come out and say the following:

Surplus possible, says Labor MP


| Author: | Date: Jan 14th, 2013 | Link to On-Line Story. |

2013 AAP ©

Delivering a budget surplus is certainly possible, a federal Labor MP says.

Soaring iron ore prices have raised the possibility of a return to the black in 2012/13, a prospect regarded as unlikely by Treasurer Wayne Swan in December.

Forecasters from Deutsche Bank expect the price to be almost double the September mark within weeks.

Labor backbencher Andrew Leigh, a former economist, says lower commodity prices and an unusually high Australian dollar has knocked $20 billion off the government’s projected revenues in the past year.

But achieving a surplus was “certainly possible”.

“The treasurer last year didn’t rule out a surplus, just said that one was looking unlikely given what’s happened to revenues,” he told Sky News on Monday.

Dr Leigh said if the Gillard government enjoyed the same tax-to-GDP ratio as the Howard government it would easily be achieving a surplus this year.

Opposition frontbencher Mitch Fifield said it was “complete garbage” to say revenue write-downs were the sole reason for the continuing deficit.

“They’re big spenders, they’re big taxers, they’re not living within their means,” he said.

Finance Minister Penny Wong said economists from across the spectrum had roundly agreed the government made the right call in not pursuing more spending cuts to achieve a surplus.

“But unsurprisingly, the government has been subjected to some criticism for this decision,” she wrote on The Drum website.

Adding to the government’s revenue problems is the lack of mining tax receipts.

Mining giants BHP Billiton, Rio Tinto and Xstrata reportedly won’t make any second quarter payments under the minerals resource rent, which the government forecast to raise $2 billion in 2012/13.

The tax failed to raise any revenue in its first quarter of operation.

Dr Leigh said it was “the very nature of the beast” that revenues from a profits-based tax would be volatile.

Senator Fifield said the coalition would still abolish the tax should it win government.

“Even though so far it looks as though the mining companies haven’t had to pay significant amounts of tax … there still has been the damage to the economy on the issue of sovereign risk.”

As usual – this idiot is a career academic with no practical experience in the private sector … a ALP hack since 1991 he honed his ALP spurs doing think tank stuff and serving in advisory roles to Government Departments … just another boofhead joining the fold with no decision-making experience other than how to fill out a Government Grant application.

Dr Leigh is quoted as saying above –

‘ … Dr Leigh said if the Gillard government enjoyed the same tax-to-GDP ratio as the Howard government it would easily be achieving a surplus this year. …

Typical economist – work the numbers until you can get a positive spin …

Late last year in EYE-BALL Guru’s humbling of the budget revenue drop off debate the following table was constructed:  [Its an extraction of RBA data relating to Government revenues and expenditures.]

Can you see – to read the Guru comment attached to this Table and to help understand what a fool Dr Leigh just made of himself … please use this linked here

The GDP relationship with tax revenues is a distortion … this Government having sank some $300 billion into the economy over the last 5 years has created a distorted GDP growth number … expecting a tax collect from debt creation has a different set of rules to those governing commerce tax collects.   Dr Leigh knows this but still hopped on his soapbox to try and make a case that revenues generated from GDP growth do not match the percentages Howard was able to achieve … big deal … we can have that debate if you want but who is going to ask this boofhead what his point is?

This statement above may fool everyone else in the ALP Party room … and most economists who have some respect for this boofhead … but the reality is that revenues are down because Government is propping up the economy and does not want to see it go backwards for its own political agenda.

Where do they get these idiots … as for his academic credentials … if this is the best he has to offer they’re not worth a pinch of poop in the real world … which gives reason as to why do you think he decided to join the MP ranks with its big super perks, and all the other trappings.

Now sit back and see who amongst the media will do a number on this idiot’s comment … much too respect … no they are all just too dumb to do their homework and figure it out for themselves.


Have your say where it counts: – contact your Local Federal Representative via the links below and let them know how you feel about this, or any other topic that you feel strongly about – or you can just post a comment below and let off some steam.

Links to Australian Parliamentary Website – MP’s


The EYE-BALL Opinion …

  1. barry
    January 14, 2013 at 2:42 pm

    And hence we have the government we have …..all books and lies ….. and no skills.

    Cannot get any more stupid than that .

    But don’t forget , they started the ball rolling by voting in Kevin Rudd.

    And the ball just kept rolling .

    Gathering as many over-educated idiots as it can carry , along the way to a disastrous future for Australia.

    Can’t get any dumber than that .

    And the world keeps laughing , and bleeding to country’s pockets for every cent it can get.

  2. Barry M
    January 14, 2013 at 3:06 pm

    Peter Van Onsolen has rated this guy the brightest economic bunny in the Labor Govt. He publicly, on Sky TV, said he was not only smarter than Swan but should be the Treasurer.
    Now pretty boy Pete is known to indulge in arse licking( ‘I believe you are innocent PM) so it maybe that he licked another one when he made the statement about Doctor Leigh. It’s hard to judge what the young ones are up to these days.

  3. David the Pragmatist
    January 14, 2013 at 3:49 pm

    Smarter than Swan, thats like saying my shitzu is smarter than my poodle. Neither I might add are very good with numbers, but they both understand where their food comes from!

    This said my Shitzu is a bit of a strumpet and the Poodle could make a smart speaker….but I am not sure how he will sign his cabcharge dockets. My apologies to Barry but I think being a strumpet is better than being a whore. After all it is Canberra and we all expect a “touch of class”, right Mr Thomson?

    PS What did Rudd do w..wro…..ong other than allowing himself to be hijacked. Barry, if Gillard is a strumpet, what is Rudd? and if Abbot is an arsehole, what is the deputy leader of the opposition?
    Now that we have the quality sorted out, what about the width?……. I know…. its time for Joe Hockey. Come on down Joe, the price is right! The time? who gives a rats!

    Lucky, all of you have your strong points, just we the public, don’t see them very often.(at all).

    Well! I offered you policy? and you chose rhetoric, not my fault!!

    Cross out “None of the Above” and insert Molly the Shitzu and Pepe the Poodle. They’ll hang in there, as long as there plenty of Gravy and the politicians don’t get any smarter!

  4. Barry M
    January 14, 2013 at 5:27 pm

    You are the one who said Shakespeare attributed the word strumpet to a whore. (which is right) so how can a strumpet be better than a whore if a strumpet is a whore? Obviously you have frequented the abode that is known as “A Touch of Class”. I David, preferred the strumpets at “January’s” of Northbridge Perth. Either way I would not use the services of the current strumpet in “The Lodge”.
    Rudd is a bureaucrat, but he maybe a strumpet as well. All I know is Bill Ludwig hates him with a passion and used him to gain Govt. It is old Bill who runs the show and he installed the Strumpet because he has the “wood” on her and can therefore control her.
    Oh, by the way, it was Van Insolent who said Leigh was smarter than Swan.
    Life is wonderful.

  5. david the pragmatist
    January 14, 2013 at 6:56 pm

    touche!

  6. January 14, 2013 at 7:03 pm

    Does that mean you are the one that does the ass-lickin’ ……

  7. January 14, 2013 at 8:45 pm

    Just in – Leigh speaking on Sky AM this morning via YouTube …

    [youtube”http://youtu.be/ccBATNXvEPk&w=420&h=308″]

    One should listen the the muppet questions from the presenter … has no idea what tax revenue to GDP is all about and just threw the pitch at the other guy … another media dickhead who has no idea how to do research …

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