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Old 28-11-2022, 08:03 AM   #1
Trevor 57
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Default Re: Victoria to reinstate the SEC

Well, we'll have to see what happens next now, won't we,
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Old 28-11-2022, 11:01 AM   #2
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Default Re: Victoria to reinstate the SEC

Yes… unfortunately we will!
Spose another 100 billion or so debt from the bottomless money pit doesn’t matter?
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Old 28-11-2022, 12:49 PM   #3
Trevor 57
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Default Re: Victoria to reinstate the SEC

One good thing about the result was that other mob was going to give us even more debt
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Old 28-11-2022, 12:57 PM   #4
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Default Re: Victoria to reinstate the SEC

Being a greedy OLD fart, I probably won’t be around long enough to worry about all this massive spiralling debt?
But future generations… My kids, My grandkids… By Christ, not going to be too rosey?
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Old 28-11-2022, 01:19 PM   #5
Trevor 57
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Default Re: Victoria to reinstate the SEC

And how many Governments have been in debt and have paid it back?

Were you as worried when ScoMo and Co increased out debt by 7 times in the time they were in charge? A Government who got in based on a 'budget emergency', but managed to increase the debt by 7
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Old 28-11-2022, 01:39 PM   #6
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Default Re: Victoria to reinstate the SEC

Interesting to hear both sides of state politics forecast back to surplus within 3 years. The opposition actually had it sooner, despite committing to more debt.
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Old 28-11-2022, 04:39 PM   #7
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Default Re: Victoria to reinstate the SEC

Quote:
Originally Posted by T3rminator View Post
Interesting to hear both sides of state politics forecast back to surplus within 3 years. The opposition actually had it sooner, despite committing to more debt.

We will know by the next election if that happens.

I was astounded by both sides of politics with all the promises and spend when in reality, us the public will be paying big time for the big spend no matter how much spin they give us.
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Old 28-11-2022, 03:49 PM   #8
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Default Re: Victoria to reinstate the SEC

Debt is an accepted generational thing nowadays!
Governments, youth, struggling couples… all splashin the plastic for more stuff nobody really needs?
Will come home to roost eventually….
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Old 28-11-2022, 05:58 PM   #9
Trevor 57
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Default Re: Victoria to reinstate the SEC

Black Saturday fires were attributed to the lack of infrastructure maintenance by private enterprise.

Personally I don't trust private enterprise to get it right, shareholders are their priority

IF power was in public hands still, would power bills be so high - hell no

The new SEC will be 51% owned by the State and will focus on green energy only
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Old 28-11-2022, 06:01 PM   #10
Trevor 57
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Default Re: Victoria to reinstate the SEC

The desal plant will come into its own, but the north south pipeline was a huge waste of money. It forced me vote against Labor for the first time in my life. I live on the Goulburn River
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