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What would happen if a new Coalition government was elected and were able to bring the budget back to surplus?

February 7th, 2013
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Would they:

1. Invest that money into services, technology, innovation, social welfare policy and important economic reforms that will help to maintain prosperity and economic growth for all Australians (no matter what age or demographic they belong to) well into the future.

2. Boast about how such an achievement demonstrates how they are such good economic managers and use this to vindicate the mob who voted for them, whilst doing nothing to promote Australia’s economic future.

3. Splurge all of that money for various pork barrelling projects to improve their chances of winning another term of government or to ensure that if they lose the next election that the incoming Labor government will be locked into long-term spending commitments (which is what Howard did in the lead up to his election loss)

(Sure there are lies.. but then there are LIES!)

http://www.crikey.com.au/2007/10/24/john-howard-no-longer-a-fiscal-conservative/

http://www.macrobusiness.com.au/2013/01/howards-legacy-questioned-by-imf/

4. Anything else you can think of?

The introduction of unicorns and mermaids.

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Comments ( 11 )
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  1. billybobchilly Feb 8th, 2013 @ 01:58 | #1
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    The introduction of unicorns and mermaids.
    References :

  2. Barnaby Feb 8th, 2013 @ 02:36 | #2
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    They would do number 1.

    No way would they do the last one ,, that’s what those incompetent morons Labor do .

    read this link ,, yes Tony is the man
    http://www.dailytelegraph.com.au/news/national/tony-abbott-promises-to-lower-costs-for-everyday-australians/story-fncvk70o-1226565865736
    References :

  3. Bingalee Feb 8th, 2013 @ 03:16 | #3
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    I don’t think it’s a matter of ‘if’ they are elected but ‘when’.
    What they will do is try to clean up the terrible mess & debt left by Labor as is usual & I wouldn’t expect to much in the way of easy living until that is done.However I have no doubt the lefties will be screaming hard done by,completely overlooking the fact that Labor brought it all about with their mis-management of the economy.
    References :

  4. Paddy Loves Guinness Feb 8th, 2013 @ 03:29 | #4
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    Number 1 would be they way they go when they get it back into surplus but realistically,that could take decades such is the extent of the debt and the havoc they have created.How can a political party be totally lacking in financial management?
    References :

  5. Doris Jr. Feb 8th, 2013 @ 04:10 | #5
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    i love liberal
    References :

  6. fruitsalad Feb 8th, 2013 @ 05:00 | #6
    Reply Quote

    Mainly 1, a bit of 2. Also 4 – reducing taxes.

    No 3 in their first term, that will start in the second or third term in government when they feel under pressure.

    I think getting the budget back to surplus is a fairly low priority. Improving efficiency and productivity are the top priorities.
    References :

  7. Sheila Feb 8th, 2013 @ 05:23 | #7
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    They have form with No 3, and Abbott has said he wants to rekindle the Howard years, profligate as they were.

    They will have their work cut out for them to bring the budget back to surplus considering they are going to cut the carbon tax and maintain middle class welfare.
    References :

  8. Andrew Feb 8th, 2013 @ 05:45 | #8
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    Get rid of the corrupt carbon tax. Thats what the voters want.
    References :

  9. Aussie Feb 8th, 2013 @ 05:58 | #9
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    If they are able to bring the budget back into surplus that’s good for all of us but doesn’t remove the $200 m debt that Labor has stiched us into…it simply means that at the end of the reporting season we haven’t spent all our revenue for that year.

    It’ll be yonks before our debts are repaid ……until then a good steward of the nation’s finances would have debt retirement as the number one priority because until that’s brought into line the interest bill is eating away our capital resources like a cancer .
    References :
    J…

  10. cnqaus Feb 8th, 2013 @ 06:30 | #10
    Reply Quote

    1. Pigs might fly, yet…
    2. Has anyone alerted the Preservatives of the global financial conditions?
    3. Sounds about right.

    One only has to look at the recent experience in Queensland. The newly elected LNP Govt brought in Peter Costello to cook them a new set of books to justify a ‘slash and burn’ approach to services, funding and the public service. Sent Qld’s economy spiraling out of control when it was all in hand.
    Never bothered to take account of the impact extraordinary natural disasters had on the economy, now we have new natural disasters. I wonder how they’ll account for this.

    http://www.couriermail.com.au/news/national/queenslands-peter-costello-audit-trashed-by-experts/story-fndo1yus-1226466757844
    References :

  11. Courland Feb 8th, 2013 @ 06:48 | #11
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    it would take about 5 years to get a surplus . And none of that would happen until after the 5 years . they will have lower tax
    References :

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