Turnbull Gone?

[Occidental shoreline]

That was just it. A short bang into the economy but virtually nothing retained. The two jokes about it were 1) more money went into the Chinese and Korean economies than the Australian one, and 2) the interest on the Government borrowings exceeded the retained value in the Australian economy.
I buy a gee whiz 3 grand plasma, that makes Gerry Harvey very happy and maybe a bunch of us doing that keeps a sales assistant in a job for a week, but that's it. End of. No more.
Spending it on something that was made fully in Australia would be a different story.
Let's say that I buy a hand made Tasmanian Oak dining table for 3 grand. Someone cuts the tree, transports it to the mill where it is cut. Then taken to a port where it is shipped to the mainland, then transported to a lumber merchant or even directly to the craftsman workshop where a number of guys spend a week making me a table. A bunch of us do that and the orders back up, sustained employment all along the line.
Big difference.

Add - for some reason we didn't get the baby bonus but did get the second one. We got a puppy. Still got it.

Sure. Now how do you (a) implement a Tasmanian oak dining table scheme, and (b) increase capacity of the forests, loggers, mills, chippies, shipping firms, and warehouses to meet the demand?

[MrWoollie]

That was just it. A short bang into the economy but virtually nothing retained. The two jokes about it were 1) more money went into the Chinese and Korean economies than the Australian one, and 2) the interest on the Government borrowings exceeded the retained value in the Australian economy.
I buy a gee whiz 3 grand plasma, that makes Gerry Harvey very happy and maybe a bunch of us doing that keeps a sales assistant in a job for a week, but that's it. End of. No more.
Spending it on something that was made fully in Australia would be a different story.
Let's say that I buy a hand made Tasmanian Oak dining table for 3 grand. Someone cuts the tree, transports it to the mill where it is cut. Then taken to a port where it is shipped to the mainland, then transported to a lumber merchant or even directly to the craftsman workshop where a number of guys spend a week making me a table. A bunch of us do that and the orders back up, sustained employment all along the line.
Big difference.

Add - for some reason we didn't get the baby bonus but did get the second one. We got a puppy. Still got it.

Sure. Now how do you (a) implement a Tasmanian oak dining table scheme, and (b) increase capacity of the forests, loggers, mills, chippies, shipping firms, and warehouses to meet the demand?

It was just an example. It could have been anything made in Australia with a multi level supply chain. FFS, it could have been a part input into an Australian made car (of which there were a few left) with Aust parts and dealers etc.
And if was time limited vouchers where as long as the deposit was paid within (say) a year and the balance within two years of issue there would be a lot of scope for businesses to build up and employ people and train people, which in turn employs people, who earn money and buy groceries and petrol and money goes around the Aust economy and everyone lives happily ever after with President Rudd as our saviour and New God.

Edit: Just re-read my post. I typed it after spending an hour in a closed room, waxing and oiling a floor. Clearly the fumes had affected me. Rudd as a God! Bloody hell!

[Occidental shoreline]

My point was more that the government had to inject money and fast. A tax refund (direct deposit) was the fastest and simplest way to do it. Anything more complex would have ended up being a Rudd-esque disaster.