ANZG: The Trans-Tasman Thread

[Forster Keys]

Yeah English paper one. Great short story, dismal essay, acceptable short answer I reckon. And five to go, since English is bifurcated.

Oh that's no good, well good luck and try not to waste too much study time on NSG

Thanks! I've never been the studious type, but I'm determined to fight my nature!

[Forster Keys]

Yeah, and why so?

It always seemed like we had extra time to study, I suppose

Oh that's no good, well good luck and try not to waste too much study time on NSG

I could never study. I'd try to and succeed for half an hour or so before I'd get hopelessly distracted. I consider ample "down time" as much a key to success in study as it is in professional sport.

Fair enough haha, and I'm much the same I'm afraid.

[Blouman Empire]

I could never study. I'd try to and succeed for half an hour or so before I'd get hopelessly distracted. I consider ample "down time" as much a key to success in study as it is in professional sport.

Oh I agree, everyone needs a break from study I at times found I could easily waste an entire day when I took a break.

[Blouman Empire]

Oh that's no good, well good luck and try not to waste too much study time on NSG

Thanks! I've never been the studious type, but I'm determined to fight my nature!

I know the feeling, I always found if you get on a roll don't stop.

[Forster Keys]

Thanks! I've never been the studious type, but I'm determined to fight my nature!

I know the feeling, I always found if you get on a roll don't stop.

True, really. I'm like that with physical work at least.

[New Rogernomics]

I know the feeling, I always found if you get on a roll don't stop.

True, really. I'm like that with physical work at least.

Physical work? What is this heresy? Burn the books!

[Forster Keys]

True, really. I'm like that with physical work at least.

Physical work? What is this heresy? Burn the books!

You know who else burned books?

[Forster Keys]

So what do you guys think of the universities here in Australia?

[Forsher]

So what do you guys think of the universities here in Australia?

I've seen the outside of one of them, well, at least one of them. They perform well enough on those international rankings and, also, much better than NZ ones as a whole.

[SanctusEmpire]

Anyone here attend the university of waikato? I went there, attended mngt school majored a little bit in the outback and hillcrest tavern

[New Chalcedon]

National's money comes from foreign countries obviously, especially Australia through Westpac. But it will pay itself, once the kids leave Education and start paying tax. Not to mention increased infrastructure (especially broadband) would reduce business costs; and with children [turned adults] in the country to take up jobs without crippling student debt. I would say it would be paid off fairly quickly.

Do you even understand how simple economics works? What else has that so-called economist friend of yours been telling you?

Honestly, we are in deficit right now. You're expecting me to buy your claim that $11 billion can be easily paid off because people will be paying tax?

You're also ignoring the fact that surplus money will be spent in other areas, not just education. How much money do think the government has?

That's how counter-cyclical fiscal policy works. You run budget deficits during economic downturns, in order to avoid "downturn" becoming "recession". When the economic indicators improve, you cut back on spending and let the private sector fill the gap, and then collect increased tax revenue (from the increased private-sector activity, not necessarily by raising rates) to run surpluses to pay off the debt.

As to specific numbers, $11bn is about 5.6% of your GDP ($194bn). Assuming the government runs a surplus of 2% of GDP during the next upswing (which is slightly below average), that's three years to repay - assuming no growth in GDP at all. In the more realistic case of GDP growing between now and then, and the surplus being about 2.5% of (future, larger) GDP, you're looking at about 2 years to repay it.

Seems that you haven't studied Macroeconomics 101. And before you claim that governments never cut spending, counter-cyclical policy has been the standard response to recessions since 1932. Except in Europe in the Eurozone crisis, and we can all see how that's working out for them.

Never said they were creationists, and they hate them by refusing them benefits and otherwise underfunding education, removing teachers aids and such. Edit: If you want a look at what the National ideal is, then if this libertarianz merges with Act; here it is: http://www.libertarianz.org.nz/policies/disability/

National is a party for people who hate the disabled and view them as refuse (they cut the funding for disabled in schools), hate the unemployed with more venom that Romney is capable of, hate kids (closes their schools and cuts cooking and skills classes), want to destroy the environment (mining national parks for 1% royalty while foreign corporates take 99%), support creationism (charter schools) and believe in the free market myth.

Nice job avoiding the facts.

One question, if I don't give you something because it's mine, does that mean I hate you?
No.
There is no such thing as a right or entitlement to something that someone else owns, and therefore the idea that the disabled own anything that they didn't produce themselves is ridiculous.

MFI - Proud NZ citizen and Libertarianz party supporter.

Ayn? Who dug you up out of your grave?

Don't you have perpetual motion machines to create, in order to make your economic ideals work?

[SanctusEmpire]

Do you even understand how simple economics works? What else has that so-called economist friend of yours been telling you?

Honestly, we are in deficit right now. You're expecting me to buy your claim that $11 billion can be easily paid off because people will be paying tax?

You're also ignoring the fact that surplus money will be spent in other areas, not just education. How much money do think the government has?

That's how counter-cyclical fiscal policy works. You run budget deficits during economic downturns, in order to avoid "downturn" becoming "recession". When the economic indicators improve, you cut back on spending and let the private sector fill the gap, and then collect increased tax revenue (from the increased private-sector activity, not necessarily by raising rates) to run surpluses to pay off the debt.

As to specific numbers, $11bn is about 5.6% of your GDP ($194bn). Assuming the government runs a surplus of 2% of GDP during the next upswing (which is slightly below average), that's three years to repay - assuming no growth in GDP at all. In the more realistic case of GDP growing between now and then, and the surplus being about 2.5% of (future, larger) GDP, you're looking at about 2 years to repay it.

Seems that you haven't studied Macroeconomics 101. And before you claim that governments never cut spending, counter-cyclical policy has been the standard response to recessions since 1932. Except in Europe in the Eurozone crisis, and we can all see how that's working out for them.

Nice job avoiding the facts.

One question, if I don't give you something because it's mine, does that mean I hate you?
No.
There is no such thing as a right or entitlement to something that someone else owns, and therefore the idea that the disabled own anything that they didn't produce themselves is ridiculous.

MFI - Proud NZ citizen and Libertarianz party supporter.

Ayn? Who dug you up out of your grave?

Don't you have perpetual motion machines to create, in order to make your economic ideals work?

You have painted a very rosey picture there i applaud you. However you have not made any mention of the quality and or availability of a labour force that has the flexibility to cope with the economic fluctuations you have mentioned. WE NEED TO RETAIN OUR GRADUATES AND SKILLED WORKFORCE FIRST

As an edit, it has just dawned on me, you sound like you have just clicked on a topic in class?

[Straughn]

Not much to add, but beware, New Zealand has managed to attract another demon. Coming your way in a couple days. Must be that cinematography, or some highly regarded bogs, or something.
Not kidding.

[Vortiaganica]

Oh that's no good, well good luck and try not to waste too much study time on NSG

Thanks! I've never been the studious type, but I'm determined to fight my nature!

I'm much the same, but I've resigned myself to not being able to study for my VCE this year.

Instead, I'm studying for my VCE subjects next year. Because that seemed logical.

3+4 Global Politics is my main concern right now - some friends of mine have agreed to help me write an extensive study guide for the course over the holidays, or at least what of the course is generally static.

My current 3+4 - IT Applications - should be pretty open and closed, I think.

[New Chalcedon]

That's how counter-cyclical fiscal policy works. You run budget deficits during economic downturns, in order to avoid "downturn" becoming "recession". When the economic indicators improve, you cut back on spending and let the private sector fill the gap, and then collect increased tax revenue (from the increased private-sector activity, not necessarily by raising rates) to run surpluses to pay off the debt.

As to specific numbers, $11bn is about 5.6% of your GDP ($194bn). Assuming the government runs a surplus of 2% of GDP during the next upswing (which is slightly below average), that's three years to repay - assuming no growth in GDP at all. In the more realistic case of GDP growing between now and then, and the surplus being about 2.5% of (future, larger) GDP, you're looking at about 2 years to repay it.

Seems that you haven't studied Macroeconomics 101. And before you claim that governments never cut spending, counter-cyclical policy has been the standard response to recessions since 1932. Except in Europe in the Eurozone crisis, and we can all see how that's working out for them.



Ayn? Who dug you up out of your grave?

Don't you have perpetual motion machines to create, in order to make your economic ideals work?

You have painted a very rosey picture there i applaud you. However you have not made any mention of the quality and or availability of a labour force that has the flexibility to cope with the economic fluctuations you have mentioned. WE NEED TO RETAIN OUR GRADUATES AND SKILLED WORKFORCE FIRST

As an edit, it has just dawned on me, you sound like you have just clicked on a topic in class?

...

I've painted a fairly standard picture of economic recovery. While it's true that NZ has labour force retention issues (I should know - my stepmother's a Kiwi who migrated to Australia for opportunity), Jafas United was speaking in terms that were applicable to deficits generally. Naturally, policymakers should find ways to ensure that the deficit spending during downswings creates something of lasting benefit during upswings, but education is generally considered to be one such thing. Even NZ has a retention rate of something like 70% for university graduates - not great, but not bad, either.

You're also missing the point that education money can (and probably should) also be spent on things such as TAs in primary/secondary schools, better materials, more access to fieldwork (particularly in the final two years of secondary school), reducing student/teacher ratios and vocational education. All of that will also generate a much better, stronger workforce - and non-university graduates generally have lower mobility rates than university graduates.

As regards your snide dig at me, I'm an Economics graduate. So yes, I can repeat economic theory - and apply it to specific real-world cases - without having to copypasta from online sources. Screw you.

[Forster Keys]

Thanks! I've never been the studious type, but I'm determined to fight my nature!

I'm much the same, but I've resigned myself to not being able to study for my VCE this year.

Instead, I'm studying for my VCE subjects next year. Because that seemed logical.

3+4 Global Politics is my main concern right now - some friends of mine have agreed to help me write an extensive study guide for the course over the holidays, or at least what of the course is generally static.

My current 3+4 - IT Applications - should be pretty open and closed, I think.

Ah haha, so you're in Year 11 now?

[Vortiaganica]

I'm much the same, but I've resigned myself to not being able to study for my VCE this year.

Instead, I'm studying for my VCE subjects next year. Because that seemed logical.

3+4 Global Politics is my main concern right now - some friends of mine have agreed to help me write an extensive study guide for the course over the holidays, or at least what of the course is generally static.

My current 3+4 - IT Applications - should be pretty open and closed, I think.

Ah haha, so you're in Year 11 now?

Yep, good old year 11.

[New Chalcedon]

Ah haha, so you're in Year 11 now?

Yep, good old year 11.

Ah, when the world is your oyster.

[Vortiaganica]

Yep, good old year 11.

Ah, when the world is your oyster.

Screw the world, all I need is an overcoat and a double bass.

[Forster Keys]

Ah haha, so you're in Year 11 now?

Yep, good old year 11.

Brace yourself mate.

[Forster Keys]

Yep, good old year 11.

Ah, when the world is your oyster.

I can almost remember those days...

[Costa Alegria]

You kids make me feel old.....

[SanctusEmpire]

You have painted a very rosey picture there i applaud you. However you have not made any mention of the quality and or availability of a labour force that has the flexibility to cope with the economic fluctuations you have mentioned. WE NEED TO RETAIN OUR GRADUATES AND SKILLED WORKFORCE FIRST

As an edit, it has just dawned on me, you sound like you have just clicked on a topic in class?

...

I've painted a fairly standard picture of economic recovery. While it's true that NZ has labour force retention issues (I should know - my stepmother's a Kiwi who migrated to Australia for opportunity), Jafas United was speaking in terms that were applicable to deficits generally. Naturally, policymakers should find ways to ensure that the deficit spending during downswings creates something of lasting benefit during upswings, but education is generally considered to be one such thing. Even NZ has a retention rate of something like 70% for university graduates - not great, but not bad, either.

You're also missing the point that education money can (and probably should) also be spent on things such as TAs in primary/secondary schools, better materials, more access to fieldwork (particularly in the final two years of secondary school), reducing student/teacher ratios and vocational education. All of that will also generate a much better, stronger workforce - and non-university graduates generally have lower mobility rates than university graduates.

As regards your snide dig at me, I'm an Economics graduate. So yes, I can repeat economic theory - and apply it to specific real-world cases - without having to copypasta from online sources. Screw you.

Pardon me then

[Vitaphone Racing]

So what do you guys think of the universities here in Australia?

They're all good. Obviously some are better than others but any of the major universities are all good.

A lot of people make a big deal out of which university they went to (or got accepted into) but it really doesn't matter the least. All you need to do is look at which university offers the best program or something which you'd most like to study and enrol there, don't bother looking at university rankings or anything like that.

[Blouman Empire]

So what do you guys think of the universities here in Australia?

Some are good some are bad.

What unis are you looking at going to?