Home > Current Affairs, Harry's Growl - Election 2013, Politics - Domestic, The EYE-BALL HGZ [Harry's Growl Zone] > EYE-BALL’s Harry’s Growl on – Election 2013 – Growl No: 16- Gillard Blunder’s Again – Draws a line under Age Pensions –

EYE-BALL’s Harry’s Growl on – Election 2013 – Growl No: 16- Gillard Blunder’s Again – Draws a line under Age Pensions –

February 18, 2013
Latest ‘Harry’s Growl’ Posts:

– 16th Feb – Election 2013 – Growl No: 15 – The Devils Brew: who’s left, Gillard, Swan, Shorten, and who else

– 15th Feb – Election 2013 – Growl No: 14 – The ALP tinkering and staring at the abyss …

– 10th Feb – Election 2013 – Growl No: 13 – The Obeid Dynasty Profile –

– 9th Feb – Election 2013  – Growl No: 12 – Dunce Hat’s sit firmly on Gillard and Swan’s noggin’s –

– 8th Feb – Election 2013 – Growl No: 11 – Parliamentary remuneration – Peter Slipper in Profile –

– 8th Feb – Growl No: 10 – Parliamentary remuneration – Peter Slipper in Profile –

– 7th Feb – Election 2013  – Growl No: 9 – Gillard in Focus –

– 6th Feb – Election 2013 – Growl No: 8 – Obeid has decided to take a few with him –

– 4th Feb – Election 2013 – Growl No: 7 – ABC’s “Q&A” proves none of them have a goddamn clue

– 4th Feb – Election 2013 – Growl No: 6 – Gillard in Cartoon Form –

– 4th Feb – Election 2013  – Growl No: 5 – Poll Results,  Senate Leadership, & Pyne’s Hitler Gibe –

– 2nd Feb –  Election 2013 – Growl No: 4 – Craig Thompson’s Bankruptcy revisited –

– 1st Feb – Election 2013  – Growl No: 3 – Roxon’s Rocky Status as the AG  –

– 31st Jan – Election 2013 – Growl No: 2 – Gillard lifts her skirts to thrill the Media  –

– 28th Jan – Election 2013 – Growl No: 1 – Senator Penny Wong … policy exposed –

– 18th Jan – Hedley Thomas and Larry Pickering – – Resume their AWU crusade against Gillard  –

– 1st Jan 2013 – Jenny Macklin – Joins Swan as another ALP Fu_kwit – Claims she can live on the Newstart allowance –

– 20th Dec – Wayne Swan – His backflip on the 2012-13 Surplus – Makes him the Fu_kwit of all Fu_kwits –

– 16th Dec – Lenore Taylor – Chief Political Correspondent for the SMH  – Part II – – A correspondent pushing her own political agenda  –

– 15th Dec – Lenore Taylor – Chief Political Correspondent for the SMH  – A correspondent with her own political agenda  –

– 14th Dec – Gillard’s Gutter Mouth – The dishonour she does to the office of the Prime Minister –

– 3rd Dec – The GREENS – Leader Milne has her head in the sand –

– 28th Nov – The Dogs have their BONE Part II – The Wilson Interview and how it reflects on Gillard –

– 27th Nov – The Dogs have their BONE Part I – Gillard’s kicked them out the house –

– 23rd Nov – The ALP and Obeid Train Wreck  – is it meant to distract from Gillard & the AWU Scandal –

– 22nd Nov – Gunfights at the OK Corral: Misandry v Misogyny – GILLARD v Ralph BLEWITT – GILLARD v Hedley THOMAS – GILLARD v Mike SMITH – GILLARD v Larry PICKERING – GILLARD v ALP Caucus – GILLARD v All Australians …

– 13th Nov – The Day the heavens began to cave in – – Obeid and his entourage to bring it all down … –

– 10th Nov – The 2012 US Presidential Election Part II – The Fallout – the GOP beating up on itself –

– 8th Nov – The 2012 US Presidential Election Part I – what does it really mean —

– 7th Nov – Bob Carr … Foreign Minister – as profiled by “The Australian’s” Ross Fitzgerald –

– 29th Oct – The Most Irrelevant of all Irrelevancy – Independents – Slipper, Thompson, Windsor, Oakeshott, Katter & Wilkie – hanging on to office rather than face the electorate –

– 27th Oct – Julia Gillard does not understand Hypocrisy – ALP Powerbrokers dump Penny Wong – makes Gillard look foolish over her ‘sexism’ claims –

To see more EYE-BALL Harry’s Growl posts: click here …

– Election 2013  – Growl No: 16 –
– Gillard Blunder’s Again –
– Draws a line under Age Pensions –
| Author: EYE-BALL’s Harry’s Growl | 17th Feb 2013|

New Pickering images added – 15th Feb 2013 – see end of text linked here

The Prime Minister made one of her biggest blunders ever this morning when she connected the Aged Pensions with finding a way to replace the $160 billion of revenue writedowns over the last 5 years this Government wants us all to believe.

The full text of her media announcement of the new ‘Industry and Innovation statement’ can be read using this link.

To quote the PM:

JOURNALIST: (Inaudible)

PM: I will get Minister Combet to specifically address that question, but I do want to say something about the saving and make a point about the Government’s budget.

We have and continue to be in a period where the global financial crisis and its aftermath have hit government revenues by $160 billion.

Now sometimes in the public debate, it is pretended that that didn’t happen. It did happen; $160 billion of revenue write-downs over five years.

Now if you had wanted to cut government expenditure to match that degree of revenue write-down, you would have had to have done something as big as stopping paying the aged pension to older Australians.

And of course, a responsible government would not do that.

Now, having seen those revenue write-downs and having them still impact on the Government’s budget, we are determined to be offsetting new expenditure with savings. We have done that since 2009 and we are continuing to do it.

So to finance a $1 billion plan for Australian jobs, some tough choices did need to be made and we have decided that some of the biggest businesses in our nation can forego an extra research and development tax credit in order to fund this package.

On the specific issue you raise, I will turn to you Minister Combet.

This PM lies so convincingly – i.e. most of the media are too dumb to do their own investigation into the PM’s statements.   Revenue writedowns only come when revenues diminish.

For some weeks now the EYE-BALL Guru has been touting a spreadsheet extraction of Federal Budget data going back to 1996.  The data proves once and for all that Gillard, Swan and all the other Ministers are lying about revenue writedowns.

To see that Revenue/Expenditure Table – Click here

Further work on the RBA historical budget data is ongoing, the latest Table extraction appears below. [Click on Table/Chart to enlarge in a new window.]

[Click here to download the Excel spreadsheet with the extracted data.]

The on ‘face-value’ highlight of this extraction is the performance of the Howard/Costello  era.  In Howard’s 11 years in office his team produced a collective Budget surplus of $136 billion.  Every other PM since Fraser all produced a collective ‘deficit’ result, and the collective value of those deficits from terms by Fraser, Hawke, Keating, Rudd and Gillard , have  produced a collective deficit result totaling $227 billion.

There are all sorts of comparison’s that can be made of these extracted and raw numbers.

So – when PM Gillard states that the sum total of ‘revenue writedowns’ over the last 5 years, and places a value of $160 billion on those writedowns – how stupid does she think the electorate is.  Spending an expected tax collect before t is tried and collected, especially when the Petroleum Rent Resource tax had its own teething problems as a precedent, it can only be said that Swan and his Treasury team have no idea how to manage the economic future of this Nation.    

in her speech PM Gillard uses the GFC as an excuse for the budget overspend.

During Rudd’s term it was relevant – but in Gillard’s term sine mid 2010, the spending has never stopped. Look at the revenue growth patterns in the above table.

In her first year as PM – the DPMC – [Dept of Prime Minister and Cabinet] – staff numbers went from 530 under Rudd to 907 under Gillard. It was trimmed back to 600+ in 2011-12.   Abbott and Hockey have targeted 20,000 public servant jobs as a policy to save budget expenditure … the ALP mantra is to create jobs in the public arena … and Gillards staff number increase exemplifies this excess.

Other interpretations from the trend of the chart above gives the opportunity for further observations:

  1. The private payee sector tax collect is reaching critical mass – i.e. a point where the tax burden is destroying people’s lives,
  2. The capital writedowns from the GFC overhang are impacting on Company tax revenues – this should have been factored into the forward estimates from 2008-9 onwards.  Why did Swan continue to call a budget surplus for 2012-13 knowing his revenues were on the slide?  Why did he allow the ‘credit-card’ funding of new Gillard policies?  Why was Swan so eager to let everybody raid the Treasury – it shows a serious character flaw – he wants and craves other people’s approval and to say ‘NO’ cuts against that ego driven character flaw.
  3. Like all western government’s facing extreme debt challenges, and largely due to 40 odd years of debt financed re-election policies, and all the while creating a wider and dependent welfare belt, Mr Howard’s performance looms large as an Australian Hero having reduced Australia’s debt to zero during his term in office.
  4. The high percentage [%] growth in revenue and expenditure numbers during the Fraser and Hawke eras, can be put down to some inflation issues, a changing in the broad base of tax collections, a floating of the currency, bank deregulation, and global trade opportunities.
  5. Continuing to doubling revenues and expenditures in a debt driven marketplace is impossible.

There is any number of additional conclusions that can be drawn from the above data and chart – why would Gillard, Swan and the rest of the Ministry try to sell the budget blowout with a flimsy ‘revenue writedown’ excuse?

The ‘2012-13 surplus’ was always a ‘hail-mary’ play and the Government kept backing themselves into a corner.

The original $1.5 billion surplus, to a revised $1 billion, and then a week or two later a complete abandonment of the surplus target.  Swan has to go – he can no longer hide is incompetence.

The looming May budget for 2013-14 – an election budget as well,  is ‘Swan’s ‘walking the plank’ moment – he will fail again if this Government is still in office at the time.

Any number of books can be written about this scatterbrain Government – ‘Labor’s Mendacity’ – a word so often used by Climate Change Minister Greg Combet in the House is so appropriate.

If anyone has been mendacious, it is contained in the mistruth’s spoken about the budget surplus, and the reason for the backflip.  

Other book titles that might highlight Labor’s continued mendacity might include –  ‘Swan’s Disasters’, ‘Gillard’s Clangers’, ‘Emerson’s Lament’, ‘Garrett’s Goofs’,  ‘Roxon’s Crack-up’,  ‘Bowen’s Confinement’, ‘Shorten’s  Backstop’, ‘Burke’s Empty Nets’, ‘Bradbury’s Yuppy Bling’,  and it could go on … 

What was Gillard thinking when she used the cost of funding the ‘Aged pension’ in comparing the so called ‘revenue writedowns’?

The electorate will connect the ‘gaff’ and in some way the ‘seed’ Gillard planted will make pensioners concerned about continuity of their pension income.   It won’t happen – but why draw fire when you are so exposed on so many other issues?  Her advisers have lost the plot.

Larry Pickering’s Political Take:

To bring some much-needed levity – there is always the Larry Pickering Cartoons … below is a sample of his summer offerings – his images page can be access here[click on image below to enlarge] … enjoy and don’t hurt yourself with the belly laughs …

Larry Pickering also writes some very intelligent blogs including many on the AWU scandal.  Whilst not as regarded as Hedley Thomas in journalistic circles – his penmanship and his heady wit give him a take on things not easily publishable in mainstream media.  None the less … his take on events cuts to the chase and he does not mince words … his Facebook page can be accessed here

Added 15th Feb 2013:

To see all of Pickering’s Political cartoons – use this link

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  1. Gerry Hatrick
    February 18, 2013 at 10:21 am

    The Nielsen opinion polls confirm 1st preference for ALP down to 30%. The gambling will now be based around the majority won by the coalition, and speculation towards could Coalition gain the upper house at this coming election.

    From the Coalition perspective, what could go wrong between now and polling day? Maybe Coalition govt’s in NSW and QLD (or Vic, WA). As things stand ALP could lose nearly all QLD seats, and NSW seats that are safe labor will become marginal. People will still celebrate and get drunk when the polls are in. This is Australia!

    In NSW and Qld state there was a similar aura perceived approaching the last elections. How do we get through this fast. Nothing to decide, nothing to talk about. Will the PM apologise for setting the date next September, there is little left to do. When heartland Labor supporters find the joke “favourite” movie of all time “the Last Speech of Julia Gillard 2013” to be funny, it is truly a sad day.

    Everything now said becomes greater Shakespearian tragedy. Paul Howes, “Opinion Polls, Opinion Polls, get over the god damn Opinion Polls!” Who put his house on Julia Gillard leading the Federal ALP to the next election? Wash your face, you have egg all over it.

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