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Steven Hamilton

Jim Chalmers is a doctor of spin, not economics

Cost-of-living relief predicated on flat-lining household consumption may now be inappropriate. The treasurer’s duty is to explain why the likely fallout is higher rates for longer.

Steven HamiltonColumnist

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Speaking about the March quarter national accounts last Wednesday, Treasurer Jim Chalmers continued to demonstrate a disappointing proclivity for spin over substance in describing the state of the economy and his role in it.

He talked down the economy in an attempt to defend the expansionary nature of his budget decisions when what we need now, more than ever, is straight talking.

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Steven Hamilton is assistant professor of economics at George Washington University and visiting fellow at the Tax and Transfer Policy Institute at the ANU.

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    Original URL: https://www.afr.com/politics/federal/jim-chalmers-is-a-doctor-of-spin-not-economics-20240603-p5jipf