It seems that people have lost sight of the purpose of electing a government.
I say this because it appears that too many are voting for a party representative because they have always voted for that party.
But they do not first stand back and look, in a dispassionate way, at the party’s policies and record, and they are too ready to accept derogatory statements by their ‘own’ party about the ‘other’ parties, without bothering to seek an independent fact check.
While most, if not all other, developed countries praised the ALP’s handling of the GFC crisis, with its instant provision of funds to everyone to ensure the economy slowed down as little as possible, and with its funding of community projects to keep business functioning, the Coalition kept up, and maintained, long past its use-by date, a barrage of criticism over mounting debt.
The Coalition then came back into government, promising we would soon be in surplus – as if that was actually an important if not vital goal. At least one Coalition Treasurer (who should not have been in that job if he believed what he was saying) likened budgetting for the nation with a household budget process.
There are serious consequences for households which run up debts, whereas a country, particularly with a high level of employment, need not incur any serious consequences.
Hockey’s grasp of economics would appear to be nonexistent, (you absolutely must read this brilliant article!) but, instead of being demoted, he was shuffled off to a cosy sinecure as Ambassador to the USA!
Would you not appreciate such a reaction to being sacked as incompetent?
Only governments can afford to show that level of stupidity!
I wonder how many of those ardent supporters of the Coalition have registered the massive increase in our deficit created PRIOR to the COVID-19 pandemic.
Of course the government was about to confirm a budget out of the red, until the pandemic hit, but do people really understand what that means?
Big fanfare – BACK IN BLACK – somewhat prematurely as it turned out!
The normal annual budget, estimates how much the government plans to spend (expenditure), on projects and services, and to receive (income), through taxes and other sources, in the coming financial year. They do make some allowance for unexpected contingencies and they try to reach a balance between income and expenditure.
So – a balanced budget applies to the year in question, and means the government spends all it receives in that year.
If receipts exceed expenditure, we generate a surplus – which can be used to pay off existing debt.
If the reverse is true, then we increase the deficit, which, in turn, increases our interest payments.
One of their annual outgoings, therefore, is interest on the loans which are responsible for our deficit, and, since interest rates are at an all-time low, increasing debt is not as much of a concern as the Coalition makes out.
Despite the slagging off at Labor by the Coalition, simply because of debts accrued to maintain the economy through an unexpected crisis – namely the GFC – the Coalition now finds itself in the same situation through COVID-19, and has to go down a similar path.
Have they done as well as Labor did?
They were not so quick off the mark, they created policy on the run, giving to some to an unreasonable extent, while failing to support others. And, with no clear path to recovery, they ignored the need to go in fast and go in strong.
They were probably urged to follow Labor’s example by the National Cabinet, and it must have been a bitter pill to swallow, given their extended criticism and the fact that it was quite contrary to their fundamental ideology.
They have left a massive number of people – those on certain types of visas, refugees in the community, the majority of people, whether performers or support staff, in the arts community – without much, or, in many cases, any support, and they have raised levels of anxiety unnecessarily.
Because they have such a rigid mind set – debt bad, economy master, people servants – they do not know how to adapt to a long and painful recovery period.
From the beginning, Morrison’s snap-back attitude has refused to accept that the world has changed, permanently, as a result of COVID-19 AND – and it is a VERY BIG AND – they are doing their damnedest to ignore GLOBAL WARMING.
I will not buy in here on the major change that has resulted from China’s ambitions for world dominance and its effect on Australia’s economy.
By surrounding himself with advisers, predominantly from the Fossil Fuel Supporters league, (an entirely appropriate use of FFS!) Morrison has now committed himself to the wrong energy policy, despite having ignored the fact that business leaders have been pleading for so long for one which takes climate change into account.
Whatever else happens, the grid must be reviewed.
Ideas about carbon capture and storage have been proved to be misguided.
The relationship between greenhouse gases and global warming is now accepted by an increasing number of our population, and one of the most harmful of these gases – methane – is linked to fracking.
Yet the top of the Coalition government’s current policy is fracking in the Beetaloo Basin in the NT, and elsewhere, as well as developing a gas pipeline across Australia.
Ar the same time, one of the co-founders of Atlassian is planning to back a project leading to exporting solar energy to Singapore, generated from the NT.
While export dollars are important, why not use Australia’s share of solar energy, plus the associated battery storage, rather than a fossil fuel gas pipeline, to lower our power prices – and significantly reduce our emissions?
People like Trump – who continues to beaver away and undo every positive contribution to the people of the USA made by Obama – and Morrison – who, inexplicably, can use science against COVID-19 but is not even prepared to discuss action on global warming with any conviction, and puts out highly inaccurate summaries of our non-progress to meeting out Paris target – are prepared to use fake news accusations and spin to convince people that positive future-looking policies are misplaced.
IF we do meet the target, it will not be a result of government planning, but a consequence of public action in installing rooftop solar, which could create problems unless the grid is properly upgraded and battery use expanded.
We cannot afford, for the sake of those who come after us, to let the ideologues’ blindness and prejudice destroy the world.
Recourse to the legal system to reduce access to fossil fuels is beginning to show signs of success in several states, and one of the most recent cases against Adani, initiated by a group of teenagers, backed by the Environmental Defenders Office, based on human rights is currently before the courts.
We should not have to fight so hard to preserve the world in a viable condition, but greed and selfishness are mighty barriers to achieving fairness in life.
Antarctic glaciers are being undercut by warmer water.
Polar ice is retreating and Polar bears are struggling to survive.
Australian bush fires have reduced some species to the verge of extinction.
This is just a sample of the global warming related events which are occurring in greater numbers and with greater severity.
And you can fact check all of these claims!
But numbers matter! And we need to think what action we can take to force governments to act in OUR best interests – WE being the majority who are doing it tough!
People power does not only apply at the polls, and those who accept that government policies need reversing have got to help in the work of challenging the lies and spin!
Your voice matters if you want Earth to have a future!
Mars is not a real option, just a pipe dream for a few.
I end as always – this is my 2020 New Year Resolution:
“I will do everything in my power to enable Australia to be restored to responsible government.”
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