Joe Hockey is sitting on a knife edge, just like our economy. His 2015-16 fiscal statement (the budget) is predicated on the expectation that the Australian business… Read more “Why the budget will fail”
Fluffy figures, flawed calculations, false expectations.
Fair, reasonable and balanced. That has been Tony Abbott’s latest pre-budget mantra, a mantra that took a hiding after Joe Hockey delivered what will surely be his… Read more “Fluffy figures, flawed calculations, false expectations.”
Reflections on Trans-Pacific Nut Cases
Spending five weeks on the North American continent recently, four of them in the USA, was a great way to experience first-hand views and opinions on a… Read more “Reflections on Trans-Pacific Nut Cases”
The Mystery of Money or how I learned to stop worrying about debt and deficits.
When Leigh Sales asked Bill Shorten on Thursday night how he was going to pay for the promises he made in his budget reply speech, Bill dodged… Read more “The Mystery of Money or how I learned to stop worrying about debt and deficits.”
Hapless Hockey’s Hyperbole
Watching Tony Abbott and Joe Hockey the other night on television sitting together in one of their offices pretending to look over their latest brainchild, the 2015… Read more “Hapless Hockey’s Hyperbole”
A Massive Over-Reaction
What is Anzac Day to Australians and New Zealanders? As an Australian, I was taught to see it as a day of honouring the fallen, of remembrance… Read more “A Massive Over-Reaction”
Abbott and Hockey Running Scared
A week or so out from Joe Hockey’s second attempt at bringing down a national budget, what are we hearing? Not much. It will be dull and… Read more “Abbott and Hockey Running Scared”
State finances are not like a household or a maxed out credit card
Originally posted on Think Left:
Prue Plumridge patiently explains to a Conservative MP the true nature of Osborneomics and their devastating impact on the UK’s economy and…
A Political Train Wreck
How much more of this do we tolerate? Our present government is comprised of an incompetent bunch of fools, idiots and grouches. No matter where one looks,… Read more “A Political Train Wreck”
The Laffer Prediction
There is a common misconception among a significant minority of Americans that former president Ronald Reagan was some kind of god who transformed the American economy from… Read more “The Laffer Prediction”