What would a Dutton Liberal leadership mean for the Liberals and the country?

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Which would be ironic given that the current focus on the 'cost of living crisis' and the reluctance of the Reserve Bank Board to reduce the cash rate is a matter relating to monetary policy, which is often at odds with the government's fiscal policy objectives.

Which sort of proves the point that most of the voting public in Australia have no idea what 'sound fiscal policy' looks like, let alone willing to accept the fact that sustainable policy change takes years and decades to achieve. And they sure as heck won't get an education on those matters from the mainstream media, let alone social media platforms.

As the failed Shorten election campaigns of 2016 and 2019 showed, any attempt at a comprehensive redirecting of Federal policy, to improve equity and fairness for the average Australian will only be subject to a massive scare campaign from the Murdoch press who still control a large chunk of news reporting in Australia via their print and online outlets.

'Sound Fiscal Policy' would involve a concerted effort to address the housing affordability crisis - which started in earnest
around the year 2000 when the relationship between the cost of housing and both average incomes and the rest of the economy has altered everything about the way Australia operates and Australians live. But the policies to change that necessarily involve changes to tax concessions and rebates for home investors. What chance having THAT as a basis of your election/re-election strategy getting accepted by the media and the masses?



The two things are not mutually exclusive of course. Caring about the future liveability of our planet and taking action to protect the rights and improve the living conditions of all individuals regardless of gender, race and ethnicity is all a part of 'sound fiscal policy'.

The fact is that the front pages of a large chunk of our mass media is all about being 'anti-woke and culture wars - it's front and centre of the Dutton election strategy in case you haven't noticed.

No one on the conservative side of politics and their media backers are talking about anything else - certainly not 'good fiscal policy'. Case in point:

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As Alan Kohler reminds us, land and energy are the two basic economic inputs apart from labour, but while Australia has more of both than just about any other country, we export most of the energy and price our own at global parity, so there’s no home-grown advantage there, and we crowd into a few cities and pay each other seven to eight times our salaries for land.

And high-priced houses do not create wealth; they redistribute it.

'Sound Fiscal Policy' would be centred on fixing these basic things. Show me who is talking about it in mainstream media?

'

Before the GFC I remember an economist I used to follow warning that housing was a Ponzi scheme & the amount of debt in the system was unsustainable.
When it collapsed would have been the time for a hard hard recession & let the banks fail & the finance bros get jailed and start again.
Since then the amount of debts in the world has increased so exponentially it is completely impossible for it ever to be paid down & the entire economic model of exponential growth relies primarily on real estate as an ever expanding asset.
It’s simply impossible for a government to take it on.
 
Out of interest did do they have a corresponding op ed from Labor or is the West just confirming their Liberal newsletter status?
Comedy Central Lol GIF
 

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Unsurprisingly, Dutton wants to talk about Howard costello years not the Abbott Turnbull morrison years when he was a major part of that govt.
Especially as Abbott is now openly stating his govt was a fail

The Howard years were pretty good economic times, granted. But it was the era of property prices decoupling from wages, funding private schools and health at the expense of public, and blowing our mineral wealth that should have been banked.
 
Someone wrote into the SMH letters page yesterday asking why there aren’t more pro-Dutton letters.

Tomorrow’s letters page has a whopping fourteen letters taking him to task from any number of angles, many of them very humorously.

Great to see.

 
The Howard years were pretty good economic times, granted. But it was the era of property prices decoupling from wages, funding private schools and health at the expense of public, and blowing our mineral wealth that should have been banked.
Pity Howard's first name wasn't Bill, because he was truly the bill Australia couldn't afford.
 

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What would a Dutton Liberal leadership mean for the Liberals and the country?

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