Thursday 13 February 2014

Labor's pants are an inferno

It appears that the Labor party is most successful in breeding leaders who lie through their teeth:

"...why did Shorten falsely suggest we gave too little?
“Australia subsidises its car manufacturing in the order of about $17 (per Australian per year),” Shorten complained, “ whereas the Germans do it at about somewhere between $65 and $90 and the Americans, $250.”
False. For instance, Shorten’s US figures — taken from a highly atypical year in the global financial crisis — include an one-off $80 billion rescue package of which most was a loan, since repaid.
The Productivity Commission gave the real figures last month. In fact, every Australian must donate $US17.75 a year in budgetary assistance to their car industry, Germans $14.43 and Americans only $5.41. We aren’t the least generous but the most.
Here is another comparison. We give $US1885 per car in subsidies and the US only $166. Every Australian car worker is subsidised by more than $10,000 a year. No industry in Australia is subsidised so much. No developed country subsidises car makers more and, as the Productivity Commission says, it’s just money down the drain."
 
Truly the Australian Labor party should be renamed the Lie-bore company.

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