Saturday, January 17, 2015

Queensland Election - Newman's Liberals vs Annastacia Palaszczuk's Labor

Queensland Liberal Premier Campbell Newman called the state election for the 31st of January so as you can imagine, he and his Liberal colleagues along with Palaszczuk and her Labor colleagues have been battling it out for votes.  The decision of which will be made in 13 days (not including tonight or election day).

Labor has campaigned on....not a lot really, other than saying the Newman government shouldn't sell assets.  Meanwhile the Newman Government says the economy is their priority and they want to get the state out of debt.

Depending on what you believe, Liberals say that if Labor gets in the state will go bankrupt.  Given Labor is typically anti mining and thousands of mining jobs were created in Queensland in the last quarter this is entirely possible.

Palaszczuk has given numerous press conferences where she has said the Newman Government shouldn't sell assets.  What she fails to take into consideration is that the state debt must be paid down because not only is it gaining interest, having debt and no savings makes it very difficult if a rainy day should happen and the state needs some reserves to fall back on.

She also ignores that just because you sell one asset doesn't mean you can't buy new assets or reinvest some of the capital gained.  It's like if you buy shares, once you get to a certain level you can either sell and reinvest in shares or use the money elsewhere.

Labor never really states why assets shouldn't be sold, and they don't think of things long term, only short term. 

If people want a strong state then in the Queensland election at the end of the month they will vote Liberal and not risk economic growth on airy fairy statements from Palaszczuk.

Newman is the only leader who can be trusted to rule the state for another three years.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.