tag:blogger.com,1999:blog-2831755574880155421.post1275249106966712933..comments2023-05-01T00:33:18.258-07:00Comments on Stephen Koukoulas: Mr Hockey's Speech - More Holes than Swiss CheeseStephen Koukoulashttp://www.blogger.com/profile/08403788361480841035noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2831755574880155421.post-27456749201117953112012-03-08T00:23:36.676-08:002012-03-08T00:23:36.676-08:00As for the "rainy day" statement, I don&...As for the "rainy day" statement, I don't think he has been inconsistent at all. He simply said that the use of the surplus cash "will not be the first lever pulled". He didn't say the lever would never be pulled.<br /><br />Being willing to do something isn't the same as preferring it.DMchttps://www.blogger.com/profile/12488547846388576498noreply@blogger.comtag:blogger.com,1999:blog-2831755574880155421.post-71775891809533546892012-03-07T22:31:56.728-08:002012-03-07T22:31:56.728-08:00By the way, the commentators who say the carbon ta...By the way, the commentators who say the carbon tax will be more inflationary is Warwick McKibbin and others in the AFR.<br /><br />http://afr.com/p/home/carbon_tax_more_inflationary_than_dSISGC2wKpC2sP7bwGUhxJ<br /><br />http://www.afr.com/p/national/carbon_tax_will_cost_more_says_mckibbin_WAYz8xRk4jbD418Zp1F4xJOliver Townshendhttps://www.blogger.com/profile/14621786531716625345noreply@blogger.comtag:blogger.com,1999:blog-2831755574880155421.post-3700233699883029102012-03-07T19:32:13.030-08:002012-03-07T19:32:13.030-08:00Do you think that when Hockey, and the opposition ...Do you think that when Hockey, and the opposition in general, talk about "Sovereign Risk" they are really referring to "Political Risk" or "Country Risk"? ie: the risk of investing in Australian companies, property etc. rather than risk of the government defaulting?<br /><br />http://www.investopedia.com/terms/s/sovereignrisk.asp<br />http://www.investopedia.com/terms/p/politicalrisk.asp<br />http://www.investopedia.com/terms/c/countryrisk.aspDMchttps://www.blogger.com/profile/12488547846388576498noreply@blogger.comtag:blogger.com,1999:blog-2831755574880155421.post-44576896818008361552012-03-07T18:49:55.927-08:002012-03-07T18:49:55.927-08:00So he taxes us for a surplus, and then never uses,...So he taxes us for a surplus, and then never uses, even in a crisis.<br /><br />So in other words, taxing for no apparent reason. Isn't this mercantilism?Oliver Townshendhttps://www.blogger.com/profile/14621786531716625345noreply@blogger.com