MYEFO

Dec 19, 2017

Scott Morrison is cooking up porkie pies for Christmas

Budget on track to return to balance? Not bloody likely.

Alan Austin — Freelance journalist

Alan Austin

Freelance journalist

Very little Scott Morrison says about Australia’s economy can be taken at face value to be true. Most speeches or media releases since he became treasurer have been riddled with half-truths, distortions and falsehoods.

Yesterday’s release on the 2017-18 MYEFO included this:

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13 comments

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13 thoughts on “Scott Morrison is cooking up porkie pies for Christmas

  1. klewso

    Enough of us keep electing them : we deserve to be treated like simpletons – it works.

    1. leon knight

      Too true Klewso – makes you so proud to be an Aussie..!!

  2. klewso

    And re our Oz msm :- one of our Curry or Maul Limited News political buffoon hacks was out on her perch yesterday, cheering the prospect of these “savings” going to infrastructure spending : completely ignoring her Limited News Party’s “By Howard : Out of Costello” pedigree of a congenital penchant for tax cuts (to buy electoral popularity) ahead of infrastructure spending (as in “Mining Boom”).

  3. AR

    Thank you Alan for your usual spare, acerbic analysis.
    Hope your chrissie card from Morriscum arrives on time.

  4. [email protected]

    “Hence for Australia’s mainstream media to cheer Morrison’s MYEFO as though he has suddenly achieved something momentous is quite extraordinary to behold.”

    What is even more extraordinary to behold is alternative media implying that the Libs should be pursuing their ridiculous debt and deficit reduction policy, rather than expressing thanks either that they were never serious or that they couldn’t run a chook raffle.

    The so-called “debt” of a currency issuer is a chimera – an accounting fiction left over from the days of commodity-backed currency – now, no more than a myth perpetuated by small government ideology which, sadly, has been bought into suicidally by progressive parties and commentators. Alan Austin is a serial offender and needs to get a clue.

  5. Joe Black

    When the ‘best’ of the MSM is Fairfax, and Fairfax is just regurgitating LNP press releases, we are in trouble.
    I think we’re up to about the 25th re-write from Mark Kenny of ‘Turnbull’s turned the corner’.

    1. leon knight

      Can’t comment – I refuse to read either Murdoch or Fairfax, and studiously avoid commercial TV and talk-back radio….I just wish I could trust the ABC for truthful journalism, but even there I am so often left disappointed and bitter these days.

      1. AR

        Leon – agree. It’s harder & harder to wade through the muck.

  6. Marcus Hicks

    The unemployment figures are extremely weak, given the low growth in total hours worked & lower than average labour market participation rates, & for the bulk of their tenure the unemployment rates were above 5.5%, & participation rates were much lower. Labor, for all their faults, maintained unemployment figures of below 5.5% for much of their post-GFC tenure, whilst also retaining better than average participation rates. Not that this stopped the former Opposition from attacking the unemployment stats as “awful”, as often as they could.

  7. John Newton

    Porkoes on the economy. More porkies on the environment. “If we stand confidently and lie, they’ll buy it” is the only plan they have.

  8. klewso

    …. And this is Morrison – he’s ‘baking brownies’ – something rotten his way comes.

  9. CML

    Thank you, Alan…I’m no economist, so always look forward to your articles to explain what is really going on. Most of the time this government’s statements on the economy don’t seem to make any sense. You always manage to tell us why that is so.
    Our MSM have a lot to answer for!

  10. PeteH

    Lies make baby Jesus cry, Scott.

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