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.
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


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