LOL Shorten is lucky to have such a deputy as Tanya.
Bolts blog.
D
eputy Labor leader Tanya Plibersek is either economically illiterate or not honest:
Frugal Labor. Tanya Plibersek, Australian Agenda, Sky News Australia, yesterday:
OTHER than the global financial crisis, spending growth under Labor was constantly below two per cent. It was very modest.
Define GFC. The broader picture shows something different. Mid-Year Economic and Fiscal Outlook 2013-14, December 2013:
THE former government’s projections of a surplus of 1 per cent of GDP were underpinned by an assumption that real spending growth would be limited to 2 per cent per annum when growth was at or above trend until that surplus target was reached. Actual average real spending growth over the five years to 2012-13 has been almost double that at around 3.5 per cent.
Something different — getting worse. More MYEFO:
THE 2013-14 MYEFO projects the expected annual average real growth rate in spending over the medium-term, after the forward estimates, to be 3.7 per cent. With this underlying spending growth, the budget would remain in deficit even if tax as a share of GDP was allowed to grow through fiscal drag (such as income tax bracket creep) with no tax cuts for another 10 years.
Plibersek is confirming a Shorten Labor government would continue the wild spending that is killing us. It would also encourage a return of the boats. It will bring back a form of carbon tax.
It will return us to the days of Rudd and Gillard and accelerate Australia’s decline.
UPDATE
Labor is already closing Queensland for business:
A BAN on uranium mining throughout Queensland will be reintroduced by the Palaszczuk Government despite its election focus on creating jobs.
Minister for State Development, Natural Resources and Mines Anthony Lynham [on Saturday]confirmed a prohibition would once again be put in place over uranium mining, forcing several companies to shelve future development plans.
Left-wing unions, which hold significant sway over the newly-elected 44-member Labor caucus, have long opposed uranium…
Queensland has an estimated 166 million tonnes of uranium ore deposits and the resources sector had hoped a multibillion-dollar industry with thousands of jobs could be fostered in the future when international prices rebound. Western Australia has approved two uranium mines in recent years after they passed environmental assessments.
A ban backed by no science and no consideration of our economic welfare. Mindless suspicion, costing us more jobs.
