Andrew Bolt's Blog,10/5/17; Bolt is actually praising Turnbull's Wayne Swan like pragmatism; 20% less than Abbott; Boss Hog does it again and even Bolt his fan rolls

 

 

 

DESPERATE LIBS TAX HARDER THAN LABOR

THE Turnbull Liberal Government on Tuesday gave us a Labor Budget to save itself from election wipeout. Treasurer Scott Morrison has done exactly what Labor has done before and would do again: hit us with big new taxes to pay for a spending spree while debt continues to soar.  Labor has won the economic argument. We will suffer.

 Bolt makes it sound as if  Turnbull is putting in a real effort unlike Tony Abbott who just put on a show where $13 bill of budget proposals had an ice blocks chance in hell passing  the senate. A no hope budget like Abbott's was was a budget not worth having. Bolt is paying Turnbull a compliment when he says "The Turnbull Liberal Government on Tuesday gave us a Labor Budget to save itself from election wipeout. " You can guarantee Mr Nope Nope Nope Abbott Mr opposition wouldn't have done that today.

If companies or households don't "spend" in times of difficulty  they simply welcome the onset of death by stagnation.. Our biggest retailers Myer and DJ's are facing that challenge now with the worlds biggest retailers coming into the market to challenge them Amazon being just one  and biggest  immediate challenge. You can close shop pack up and go into retirement or invest in change and compete but that means spending money. Bolt advice stop spending leads bankruptcy or receivership. It's predicated on the Abbott Hockey continuing  Chicken Little approach to economics just call out in panic. Morrison made the point the Australian electorate wants things done and is sick of the politics of Nope as practiced by Tony Abbott and that means compromise or stealing Labor's ground.

 Spending moves to compete weren't that necessary in the Australian market because the  profit margins  were big and if our economy was that sick why are all the global players coming here  in the numbers they are. If Myer and DJ's don't invest and expand accepting  short term losses as investment they are gone like the corner stores of yesteryear. If they take Bolt's advice and shrank by cutting staff and wages and costs they are dead and buried. However it's not a quick fix and as simple as Bolt makes out. Turnbull's move is the most responsible and pragmatic and Australians want that. They want things done.

"There’s no more talk of big cuts to spending. We’re getting big taxes instead, in a Budget that tells us the Liberals have surrendered. Labor has won the economic argument."Bolt

Yes for Bolt and Abbott it's always about the argument not anything to do with problem solving in the real world. When Wayne Swann saved us from the GFC Abbott called it a disaster in "spending" simply for the sake of argument. When they set their budget  with $13 bill of unpassable bills they called it a windfall surplus simply for the sake of argument. What has happened is that the government has realigned the ducks on the wall by facing reality and not just an argument which is in the nature of conservatives to do...nothing.

" It is a far cry from the Hockey-Abbott effort of 2014. Back then the government over-played budget repair and held out little benefit for everyday Australians.The 2017 effort is a long way 

from that. There's fairness and opportunity,"

 

MORRISON RAISES DEBT LEVEL TO $600,000,000,000

Bottom line - debt is soaring: "With gross debt set to peak at more than $663.8bn in 2020, [Treasurer Scott] Morrison last night moved to raise the official debt limit. 'I direct that the maximum total face value of stock and securities that may be on issue is $600bn,' he said in an instruction that will need to be increased within three years."

 

 Tony Abbott raised the debt level from $350 bill to $500 bill some 40% and Bolt said little at the time just echoed the Chicken Little life  and warnings they were putting out. They went of to spend like drunken sailors. Turnbull has raised it 20% and look at Bolt's Chicken Little banner, does it remind you of anyone?

Except this time they intend to spend it on "good debt" what Bolt calls dodgy. Abbott spent it on a fleet of cars, flags, uniforms, memorials, detention, etc which Bolt thought was terrific... policing us and warring on them 15000 kms away.

  

CHAOTIC TRUMP WEAKENS KOREAN FRONT

Conservative Charles Krauthammer despairs of President Trump: "Loud and bombastic. A charlatan. Nothing behind the screen — other than the institutional chaos that defines his White House and the psychic chaos that governs his ever-changing mind." Consider how Trump has just damaged the US relationship with South Korea.

  "Loud and bombastic. A charlatan. Nothing behind the screen — other than the institutional chaos that defines his White House and the psychic chaos that governs his ever-changing mind..." Krauthammer

This is what everybody has been saying all along and what Bolt has been denying since Trump gained the Presidency. It seems Bolt's having a bad hair day and not getting anything in his cross hairs so he's just shooting wildly at anything. It's what conservatives and bullies do bogans fight each other when they can't pick on anyone to call a faggot. Trump was never a politician he was never a good business man he has no plan and he's left everything to seeming the boss. He has sacked the head of the FBI for helping him win the election and stopping him looking into his Russian links. 

Yes the rest is chaos and the conservative shrink Krauthammer isn't the only one desperate America is. Don't you love that name "cabbage hammer" it's as appropriate as Bolt is for a rt wing extremist 

 

REACTION ROUNDUP: ANOTHER BAD LABOR BUDGET

The commentators seem agreed: this Budget shows the Liberals caving into Labor. Taxes up, spending up, debt growing, forecasts unbelievable. Conservatives are in despair, and even Niki Savva, Turnbull's fiercest defender, can say only that it is "ruthlessly pragmatic" and meant to save Turnbull's skin. Here's a roundup.

Finally we thought we might get an analysis of the budget but we got a "round up" of the News Corp and IPA opinion. Guess we'll get the Spectator and Quadrant as soon as Peter BH Andrew Bolt's Troll has the time to round them up. At the moment they seem MIA. They are more like Bolt when it comes to economics you can see their lips move when they are counting their fingers.

Everybody seems to be complaining that Turnbull has stolen Labor's ground. Isn't that politics? He's certainly not into stealing Abbott's. Abbott will be into stealing One Nation's but as we know Australia is a "fair go" country and prefers it's politics played in the centre. Shorten can't truly oppose  these measures and must be sad to see Abbott's legacy dumped. It wasn't a legacy it was right wing posturing as politics which has just now for the first time in a while got real. 

Is Bolt defending the banks? I can't hear him? Is he against welfare recipients being drug tested like Aborigines? Is he against higher Uni fees? He's against infra structure Airports ,Roads and Trains. He's against growth Immigration and for measures to police it. He's into a fiefdom shut off from the rest of the world where some a rich and the rest slaves. He liked Hunger Games but not it's revolution.