P.M. Gillard Pwns Punk on live TV!

His reaction at the end is priceless. It only took 1 minute for the P.M. to school him on Economics 101.

Everyone keep in mind that the Liberal climate change policy also includes a tax! On page 14 of their policy document it says:

"Businesses that undertake activity with an emissions level above their 'business as usual' levels will incur a financial penalty."

Just because you call something a "financial penalty" doesn't mean it isn't a tax.

This quote is from page 14 of the Liberal tax and spend climate policy document that you can download from here:
http://www.liberal.org.au/~/media/Files/Policies%20and%20Media/Environment/Th...

Category:

News & Politics

Tags:

• Gillard
• Punk
• Pwn
• TV
• ETS
• Carbon
• Pollution
• epic
• Labor
• ALP

[Eggeman32]

Whoever uploaded this is so left wing.

[ShowsOn]

@Eggeman32 WRONG!

[117425yt]

she never even answered the question. She did not address the analogy and as such she just ranted! stupid labor fans

[ShowsOn]

@117425yt Only someone who has no understanding of economics could misunderstand how she answered the question.

[117425yt]

@ShowsOn No, i can clearly see she was on topic, but she just rambles on about her policy not why she made that analogy

[ShowsOn]

@117425yt Arguing by analogy enables one to explain complex ideas more simply. The PM's rubbish tip analogy explains how a market price (a fee to use the tip) creates a disincentive for the creation of rubbish and encourages reuse and recycling. The existing non-market approach to cutting greenhouse gases allows polluters to pollute for free, but relies on tax payers to fund all the abatement. If you can't understand this distinction, read a basic economics text book.

[LachClark]

Liberal voters- she addressed the question, you just were too busy opposing everything

[ThePositiveAussie]

hahaha that foolish Young Lib got owned!

[200FuckingPonies]

@taouk7 US EPA classifies it as a pollutant

[brentoneccles]

@taouk7 Tell that to the scientists... LOL

[Adonnus100]

@Eggeman32 damn commies, we should just go over to asia and bomb 2 million of their civilians. O WAIT

[Ralftheblue]

Brilliant response.

[taouk7]

Carbon pollution is a false statement. It doesn't exist.

[darkrealm666]

OMG LET'S TALK POLITICS!



[bozomatt]

@ellicattube if they could, they would have done it already.

[ellicattube]

On the "Analogy" - Actually some of the polluters will look to illegal dumping rather than going to the tip.

On the economics. Business do not look all day everyday, but allowing that bit of drama, business will also look at costs as a whole and try to find the easiest cost to reduce. The tip fee may not be one of those. They may find it easier to reduce wages, cut advertising, reduce capital expenditure etc etc etc. They will also look to recoup the expenditure by raising revenue units.