SHORTEN MAY BE ABBOTT’S BEST HOPE OF WINNING AN ELECTION
... but Abbott is also Shorten’s best hope
Four-time Walkley Award winning political commentator and Churchill Fellow, has returned to the fray over concern that the integrity of news dissemination is continually being threatened by a partisan media.
And that leaves we the people with very little hope because the new Tony Abbott, as suspected, remains pretty much the same old Tony Abbott as he continues to struggle with defining a set course for recovery and refining the art of leadership. An aberrant Senate is starting to look like a brake on stupidity.
Peter Costello has put it all in a remedial nutshell for the Government with this statement: “The tax system is there to raise government revenue, at the lowest cost, in the most efficient way, doing the least damage to the economy.”
Abbott has poked his head in the “cuts” door and copped a blood nose, so he is now knocking on the “tax” door, but increasing taxes kills confidence and incentive, promotes rorts, damages growth, curtails employment and produces nothing tangible except further administration and compliance costs.
Had little Johnny Howard handed the Prime Ministership to Peter Costello as was expected, and privately promised, he would likely not have lost his seat of Bennelong (only the second serving Prime Minister to do so) and Australia would not have suffered six years of Rudd, Gillard Rudd. The disastrous problems we have now would not have eventuated.
But Prime Ministers rarely give up their comfy coveted roles, witness Bob Hawke’s broken Kirribilli agreement with Keating.
With the price of iron ore having fallen by over 75% it’s clearly time to trim a bloated and ineffective government sector, there could hardly be a worse time to raise taxes.
Government outrage at Twiggy Forrest’s suggestion that ore output should be stemmed to increase the price is false outrage.
Warehouses remain choc-a-block with wool bales until prices improve, the Wheat Board regulates supply as do co-operatives of every export from every country including oil, minerals and even perishables... a co-operative’s role is price maintenance, yet Twiggy’s suggestion was met with crazy cries of “cartel” from the Swan appointed head of the ACCC... and Abbott agreed with him.
Abbott’s economic blind spot is best explained by the amount of time he held on to his inane PPL.
His political judgment is best explained by the amount he cut from the outrageous ABC. One per cent per year for five years gave him as much grief had he disbanded the entire bloated, unabashed, promotional arm of the ALP.
His recent statement that, “the States must sit down and work out respective GST takes by themselves” is a copout.
Contrary to Abbott’s assertion, the Federal Government introduced the GST and it can alter it, raise it, or broaden its base without States’ approval. It’s a Federal Tax for the States’ total benefit and for Abbott to suggest it can’t be altered without States’ approval is a nonsense.
Telling the States to sort out who gets what is tantamount to telling a pride of hungry lions to fairly apportion a kill!
To suggest that, “Australians are okay with halal certification” is plain dumb and denies Australians a tax benefit by refusing to kill off an extortion tax on almost every domestic product... with partial benefit proved to be going to proscribed terrorist organisations.
His tolerance and appeasement of Islamic excesses is dangerously craven and a slap in the face to 23 million Aussies.
Costello in a scathing attack on Abbott said, “The Government has already increased the top marginal tax rate to its highest level in 25 years. That did nothing for the economy and it made no difference to the budget deficit.’’
The truth is the oscillating Abbott doesn’t know where to turn next. He is fixated with staying in Office, and that fixation will likely COST him Office. Taxing your way out of an economic hole is terminal Labor philosophy and God knows we’ve had enough of that!
The LNP could arrange for a Senate vacancy for Costello and give him Treasury, but he is making more money now than any Minister and unfortunately Howard has already cost us Costello.
Yet he remains the only conservative able to do simple sums.