Tag: Morrison & Frydenberg
Without Murdoch Clive and the IPA
There is the smell of political death about the PM writes The Canberra Times’ Jack Waterford. The veteran joins Niki Savva in noting the unprecedented shift of power from the commonwealth to the states, a direct function of a weak, untrustworthy PM who increasingly reveals his lack of leadership in National Cabinet meetings. It may take the federation decades to recover from the collapse in Prime Ministerial leadership. The Coalition’s primary vote drops to 36 per cent, according to News Poll – the party’s lowest since March 2019 and over two points below its May 2019, election result. Yet Labor support rises to 40 per cent – its best result in the poll since December 2018.
In the past five years the population has grown by just 8%, but government spending has risen by an incredible 21%. By sheer luck the mining boom has increased revenues by 27% but windfall gains like these are not sustainable.
The Daggy Dad “please like me” tour, backed up by his affable side-kick doing slide shows of endless cherry-picked graphs, is nothing more than an advertising campaign. Their claims of strong economic management are based on unrealistic assumptions about future wage growth and consumer spending and completely ignore Australia’s spiralling household debt.
They are reliant on precarious revenue from resources and seem clueless about the importance of diversifying our economy and building new industries to take up the slack caused by technological disruption and the inevitable demise of the fossil fuel industry.
olddogthoughts 
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