Just 2 more weeks before Scott Morrison makes a mess of 2017 Budget

 
This article by Alan Austin in the Independent Australia web site totally demolishes the claims that the Liberals can claim that they are better manages of the economy.
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If you don’t have time to read the whole article at least read these final  paragraphs.
Morrison is correct to note that borrowing to build infrastructure is strategic. IA has consistently maintained this position — usually when rebutting Coalition attacks on Labor’s record of calculated borrowing through the GFC.
 
What is clear today from the Bureau of Statistics and other sources is that infrastructure spending is now at record lows. The current expansion of debt is almost entirely due to the Government’s failure to collect taxes due from corporations now reporting record profits.
 
Hence the Coalition’s debt is nearly all bad. No amount of spin can conceal that. But it seems they will try anyway.

John Young

30-apr-2017
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About John Young

I am the CEO of Yindi Systems, a boutique consultancy that helps clients to create marketing and communication solutions using the Internet, social media, Google's fabulous free technologies and the incredible Wordpress for web sites. Many of my projects now are based around community advocacy for better outcomes for the planning systems used by NSW Government, defending local councils from forced mergers and preserving the environment, especially in greater Sydney. Major projects include www.keepingplace.net.au and www.cubbacubba.net.au
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