We have lots of flag-ranks, senior-executive-service and thousands of Defence civilians to feed, don't you know?
The federal budget: there are so many billions in give-aways from paying people to breed to encouraging people to work less that foreign investment is taking a down-turn because of a variety of inefficiencies colored by red and green tape.
And the national debt is massive. Yet, throwing unfunded billions at vote-buying continues.
Be nice to see if the next white paper (or white pamphlet) addresses real needs like patrol boats and I would suggest, affordable airborne maritime patrol.
Rent seeking for expensive and faulty weapons systems rules the day.
4 comments:
This incompetent rabble now owes $245 billion in public debt, up from $233 billion only two weeks ago. Now about 22% of GDP. All in 5 years.
Staggering, and for what purpose. In addition Govt revenues have actually risen since 2007.
In November 2007, debt ,zero. Plus $20 billion in the bank, and $60 billion in the future fund.
Now this rabble has had the limit of debt raised to $300 billion through Parliament.
It is also an interesting fact that of the new 700,000 new jobs created between 11/2007 and 2/2012, 460,000 were in the public service(Federal and State) Australia wide. In reality real jobs have not been created at all, taking into account the increase in population.
We now face more cuts in Defence, except in the civilian bureaucracy, where we have a target of a reduction 1000 out of a total of 22,000.
The whole thing is breathtaking, to say the least.
Link for figures on Government Debt.
http://www.aofm.gov.au/
The article in the Australian under Cameron Stewart's byline reflects the spin coming out of Defence media/PR group that is blaming the budget and, thus, the government for delaying the AWD project.
The truth, as many in the department know, is something quite different.
What should happen to spin.
http://www.brisbanetimes.com.au/queensland/spin-not-targeted-as-communications-jobs-axed-20120903-25abo.html
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