Tuesday 12 June 2018
The electorate has always believed that the Liberal Party are better managers of the economy. That it is a myth, is unimportant. “Life is about perception, not what is but what we perceive it to be.”
Pensioners will always vote for the Coalition even though the right of politics couldn’t give a stuff about them. The perception is that they offer security in old age.
The Coalition will be hoping that the next election will be fought on the economy, which they have historically seen as their strong suit. Although it is a myth they are right in doing so. “Life is about perception, not what is but what we perceive it to be.”
What is different as we move toward the next election, is that the perception has become more understandable. There are answers to claims of superior economic management.
This has always been so you might argue but I would counter with the fact that the punters are now more aware. Even the pensioners know they are not getting a fair go.
The voice of unfairness has risen and is declaring its share of the country’s wealth.
Why should the rich get richer off the back of the worker? Why isn’t there a more equitable distribution of the country’s wealth?
I believe this voice has been rising for some time. The people now have a clear definition of just what “drip down economics” and “Neoliberalism” is and how it makes the rich richer and the poor, poorer.
In the past, the “born to rule”mentality of conservatives had emboldened them into believing that just being in power resolves the issues. It won’t this time. Again, the punter can see that having a bunch of entitled politicians has not advanced the nation one iota.
In fact, in many areas, we have gone backwards.
The concept of equality of opportunity has, like fairness, entered the intellects of the people. They now consider better services might be obtained from a fairer/ better tax system and that equality of opportunity isn’t just a three-word slogan.
“Labour is prior to and independent of, Capital. Capital is only the fruit of labour, and could never have existed if labour had not first existed. Labour is the superior of capital, and deserves much the higher consideration.” – Abe Lincoln.
I read yesterday in The Australian (firewalled); “Ross Fitzgerald said he has been following Australian elections for 40 years. Beginning to think the coalition will win. Better the devil you know mindset. Turnbull is disliked. But Shorten is feared.”
I could easily counter that by asking if he were that feared “how come he almost won the last election?”
It is with simple efficiency of words that Labor can counter the Coalitions self-anointed “better managers of the economy” title.
So, let’s pretend we are in the midst of an election campaign and the subject is the economy.
For obvious reasons we can only speak of what we know. What we don’t we will have to leave unknown. Fair enough.
A We will always be better managers of the economy and you will have more surpluses under a Coalition Government.
Since 1945, significant budget surpluses have been achieved only rarely: once by Ben Chifley, three times by Bob Hawke, and eight times by John Howard, who shared another with Rudd, who was elected during the 2007-08 fiscal year. That is, the Menzies, Holt, Gorton, McMahon and Fraser governments managed only a few, small surpluses. So much for the claim about the Coalition’s Fiscal management.
And the surpluses by Howard came from an unprecedented, never to be repeated mining boom and the sale of public assets. So let’s keep it in perspective.
By the way, the current budget is now $532 billion in debt and the interest is about $18 billion pa. Which is a record far worse than Labor’s ever was.
B Company profits are up.
Yes, they are with the help of the workforce. But where is the trickle down effect you speak of? How much time does it need to seep through? We are not looking for a flood.
C Strong economic growth.
Yes, that’s true but again it’s the worker who is making it possible and China of course. Without their buying of our commodities, we would be stuffed. Out in the real world, the worker is doing it tough because of your policies that hold wages down. What are you doing about it?
It’s only 12 months ago that you were saying. We have a spending problem, not a revenue problem. An inflow of revenue prior to the budget was welcomed with open arms. What do you mean exactly?
D Labor is to blame for everything.
The Liberals have been in power 16 of the last 22 years. If people think the country is stuffed, they should know whom to blame.
E Employment is strong. We are producing record jobs numbers.
Yes, that’s commendable but we are just marching up and down on the one spot. Last I looked, for every job available 19 people wanted it. Fewer full-time jobs are being created and those with jobs want more work. Really we are only creating jobs for those who immigrate. Yes, that’s a good thing but what about the others.
F We are giving Tax cuts in the form of 500 dollars cash in your hand before the next election. Will that apply every election as under John Howard.
But Labor is offering twice that. Why don’t you match it?
G And in order to build a better economy we are offering large tax cuts to the Multi-Nationals including the banks. And I might add to those who pay no tax at all.
Are you serious? You mean you are giving tax cuts to companies who are making record profits, to banks who treat their customers with gross unfairness, and to those who don’t pay any tax. You must be kidding, right. Fair dinkum. Giving tax cuts to people who should be in jail. You cannot be serious. How unfair can you be? What about the ordinary worker. What’s in it for them? If it’s all so honky dory why the tax cuts in the first place?
Of course, this isn’t the complete picture and each party will have more to add during an election. My assumption is that yes, the economy is on the improve, but it’s not because of anything the government has done, legislated or promoted. Therefore, arguing against every perceived positive statement is relatively simple.
My thought for the day
“The left of politics is concerned with people who cannot help themselves. The right is concerned with those who can.”