New Submarines

jpblue1000 · 16-10-2014, 05:27 PM

Quote:

Originally Posted by cheap

Oh that's right you were over in the UK helping with their debt crisis, happy and content with your work you came back to the mothership to continue your work. Based on your economic rhetoric your personal bank accounts, P&L and assets must be something to behold.

Oh don't be like that. Building submarines for Australia in Australia is good. So is training Australians in Australia for Australia is good. Keeping jobs in Australia is good too.

PS: I own my own house with no mortgage, I have no credit card debt or car loans and actually have cash in the bank. And I am happy. I don't like personal debt cause I'm tight and hate paying interest, but acknowledge in an economy debt isn't a bad thing when necessary and used appropriately (no comment on recent years).
One thing a government can do is raise taxes on its proletariat, a mortgagee cant) so my rhetoric is sound thanks.

Oh and cheap I didn't vote labour never have and didn't get to choose my representatives in the UK so had no say about their debt either...