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Turnbull sworn in as PM but election victory remains pyrrhic : Comments
By Glen Anderson, published 21/7/2016If this is the case, the Coalition's long held electoral advantage on matters of economic management will be thoroughly destroyed.
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One of the most successful propaganda lines that the Coalition runs is that the LNP is a good economic manager, basically they have no idea. The focus is on the budget and the problem of 'budget repair', it's easy to convince the voters that's what economic management is all about, it isn't. Because of the neoliberal ideology of most members of the Coalition, the 'solution' to a recession will be more 'austerity' for lower income earners and tax cuts for the plutocracy, with obvious consequences for employment and growth. Those Coalition voting members of the middle class, who thought that someone else would pay the price, will be in for a very difficult time indeed.
Pyrrhus eventually gave up and went home, we can always hope.
The country needs indicative planning and an end to this neoliberal nonsense, otherwise the nation will stay as a commodity exporter for generations and gradually slide into the Third World.