The smallness of thinking leaves the country marooned in a sea of debt
Economic reform? Managing global risk? No, this budget is all about Labor struggling back into office in a few weeks with a $5 a week tax cut and the promise of better to come.
Forget the happy talk about the budget being a “platform for prosperity” and supporting the government’s substantial reform agenda. This budget is about little more than helping Labor limp back into office in a few weeks.
No grandiose claims about building Australia’s future can disguise the smallness of thinking that leaves the country marooned in a sea of debt and sputtering growth, reliant on optimistic predictions about “turning the corner”.
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Jennifer Hewett is the national affairs columnist. She writes a daily column on politics, business and the economy. Connect with Jennifer on Twitter. Email Jennifer at jennifer.hewett@afr.com
