40 Year Plan

By: AlanK (Registered ) on 05-11-2007 12:37

I have seen that report, and I could not help but wonder that if things have been so good, and the forward projections are excellent, why use an ageing population and falling fertility rates as the reason to generate an indecent surplus, and not use it for something productive? That is the slant I place upon it, you evidently have another view. I did not see where he planned to return any of that money to be used for health, education, or transport. I realise that it is difficult to name specific projects that far into the future, but, a mention could have been made of anything at all to give some hope to the taxpayers who have created these unbecoming, obscene, unsuitable, vulgar, unseemly or improper surpluses.  
 
Regarding my idea to use some of the accrued superannuation funds for venture capitol, you say, “I don't agree. I don't believe that the workers future savings should be gambled with. I believe that responsible fund manager should do their best to maximise the returns to their contributors”, to which I respond, what are the fund managers doing now, if they are not gambling on the stock market, the property market, futures funds, buying or building structures, and thereby planning for some future return on their capitol they are investing. Who is to say which is the bigger risk? Who is to say that a percentage risked backing some Australian citizen would be lost? Have those owning these funds, the workers who contribute, ever been asked what they want done with some of their money? Let those who select a higher, riskier return be asked what they want done, instead of always having some guru telling them he knows what is best. He only knows what is best for him, he does not know me from Adam, nor, I dare say, does he want to. 
 
All I have heard on this sounds like “Pollie” speak, and we have been told enough lies to last 10 generations. If we keep going as we are now, God help the 10th generation from now.

» Report this comment to administrator