Has Australia ever had a more embarrassing government than the current Labor government? At least, since the last Labor government, that is. Still, Anthony Albanese makes Kevin Rudd at his worst look like a statesman. At least US President Donald Trump acknowledges who Rudd is, even if it’s to call him a ‘village idiot’. Trump at best seems to regard Albanese as something unpleasant best not stepped in.
Trump has so little regard for Albanese that he’ll even start a war with Iran to avoid having to talk to him.
Anthony Albanese says he has not heard from US President Donald Trump since their scheduled bilateral meeting was cancelled for Mr Trump to return to the US in light of military escalation in the Middle East.
This comes despite Mexican President Claudia Sheinbaum saying she had a “very good” phone call with Mr Trump after their meeting was also cancelled […]
“We’ll meet soon, I’m sure that will occur,” the prime minister said.
Even if Albanese has to chase after him like Miss Prissy, the desperate spinster chicken from the old Warner Bros cartoons.
Anthony Albanese is considering attending the North Atlantic Treaty Organisation summit next week in the Netherlands, opening up the possibility of a rescheduled meeting with US President Donald Trump.
Word to the wise, Albo: when the big kids are talking seriously about defence, the biggest kid in the gang isn’t going to want to here from a pissy little hanger-on who won’t even lift a defence-spending finger to protect his own country.
Meanwhile, Albanese’s treasurer, Jim ‘Zippy the Pinhead’ Chalmers, has reached an astonishing conclusion that everyone else knew already: the economy is stuffed under his stewardship.
Jim Chalmers has vowed to “reform from the centre” to drive productivity growth and fix a budget he admits is not sustainable, as he lays the groundwork for a new economic agenda.
Declaring Labor’s election commitments are “not the limit of our ambitions”, the treasurer will use a major speech in Canberra on Wednesday to outline more details on the upcoming productivity roundtable he will chair.
But he will issue a veiled warning that global volatility will act as a constraint on adopting proposals that would further burden a budget already facing a decade of deficits.
In other words, get ready for new taxes and more new taxes, as Labor continue to shower other people’s money on their chosen cronies. As revealed yesterday, a sting in the tail of Labor’s plan to tax unrealised capital gains on superannuation is what amounts to an inheritance tax. The Greens and Labor’s union whipcrackers have been agitating for a return of death taxes for years.
Who wants to bet Albo and Zippy won’t tax the pennies on grandma’s eyes, given half a chance?
In the meantime, it’s spend, spend, spend for Labor.
The Albanese government’s policies over the past three years have added a net $112bn to deficits over the forward estimates leaving a total of more than $150bn in red ink, while federal government debt is likely to hit $1 trillion as soon as September this year.
Ratings agency S & P has already warned that Australia’s AAA credit rating is at risk due to the election spending promises and massive growth in off-budget funds.
And Zippy makes an amazing discovery!
Dr Chalmers will use his speech to declare economic reform is needed to address three “blunt truths” about the nation’s fiscal outlook, including that the budget is not sustainable.
No shit, Sherlock. Even my pet cat Lucy could have told you that.
Treasury has identified four key issues with productivity: a lack of innovation and economic dynamism; a lack of private investment; skills shortages; and an imbalance in the economy weighted too heavily to services.
Tell me this isn’t a Labor government.
