Hey Big Spenders.
- brypat3
- Mar 7
- 2 min read
The article by Jason Koutsoukis in this week's "The Saturday paper" about unfunded election promises, is so valid. Unfortunately, we all know this is a pattern that appears every time an election is impending. (or looming , if you prefer). Our political masters, the two- party system, have never bothered about truth when it comes to campaigning. The coalition are, of course masters in their own right, particularly when the only concrete savings they have enunciated is cutting of 36,000 public servants, projected to save $24 billion over four years.
We can all recall the supposed savings created, when the previous government replaced senior personnel in departments like Taxation, etc,. We subsequently discovered the huge amounts paid out to some of the world's biggest accounting practices, followed by their cheating of our taxation department and the nation. Have we been recompensed since? I doubt it. Of course, we must not forget their commitment to nuclear energy, at a questionable price in excess of $300 billion, plus that it will almost certainly, never arrive in time to assist our climate change targets. But then, Dutton wants to refute those targets anyway.
Koutsoukis refers to Saul Eslake, a former Chiel Economist for ANZ Bank, on raising the revenues that will be needed to pay for the projected increases in government spending over the next decade. He quotes, "I don't see how you can fund this spending that the public very clearly wants, or that the parties are determined that we have, without raising additional revenue, Eslake says."
"But no one is talking about it, and no one wants to talk about it. The consequences of this are not going to come home, probably within the next parliamentary term, but they probably will within what's left of my lifetime." Koutsoukis goes on to say, and I quote," Eslake says he is not expecting the Liberals to focus in a serious way on repairing the budget if they end up in government after the election."
So much more is said by Eslake: "basically deficits really only matter when Labor governments are running them." Quite clearly, it should be obvious, by now, that the parties don't give a fig leaf for the interests of,- we The people. Become a member of The Movement for Better Government.
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