Tag: LNP Economic Mangement

Informed Comment

Worst debt blow-out in the developed world refutes Coalition claims of economic competence – » The Australian Independent Media Network

In 2013 ALP debt of $280 M was critical to the LNP,and a disaster to the Aus Economy. Today it’s $900 M and is “well in-hand” and managed “perfectly” and in control under this LNP why? Because Morrison and his media associates treat the nation like mushrooms. Keep us in the dark and feed us bullshit.

Why does debt matter?

There are two answers to this question – economic and political.

Source: Worst debt blow-out in the developed world refutes Coalition claims of economic competence – » The Australian Independent Media Network

Informed Comment

All-time worst economic outcomes under Morrison and Frydenberg hit 60

LNP ECONOMIC MANAGEMENT

The number of published results of the Coalition’s economic mismanagement which are the worst on record has now reached 60, as Alan Austin reports. NO PREVIOUS Australian government has delivered such low economic growth over a sustained period of years as the Morrison-Joyce Government. The mainstream media’s economics writers will not report this. But they should. This is yet another appalling all-time weakest statistic generated by the Coalition and starts this list of the next ten, which brings the grand total to 60. Yes, 60 – six-oh – outcomes which are the worst on record, or in a very long time, or have collapsed furthest on global tables. The first 50 have been published already, with links to the raw data.

Source: All-time worst economic outcomes under Morrison and Frydenberg hit 60

Informed Comment

Frydenberg dubiously claims Australia’s lagging economy ‘leads the pack’

Australia’s economic growth is at a 30-year low relative to comparable countries, yet the Treasurer claims it is now a world leader. Alan Austin reports.

LAST WEEK’S economic growth figures confirm three realities the Morrison Government desperately wants concealed.

First, that economic outcomes are far below where they should be given global conditions and the relatively well-controlled pandemic, except in NSW.

Second, that the Morrison Government is clearly the worst at economic management in Australia’s post-war history. Treasurer Josh Frydenberg has achieved the poorest outcomes of any post-war treasurer.

Third, that Australia’s craven mainstream media continue to treat citizens with contempt by reporting these appalling outcomes deceptively – if at all – and refusing to expose the Government’s blatant lies.

 

Source: Frydenberg dubiously claims Australia’s lagging economy ‘leads the pack’