Cranks and Crazies of the ALP

The headlines say the budget has shown a slight improvement. Shouldn’t it be BUDGET DEFICIT $43.7 BILLION!

THE final outcome of the 2011-12 budget has shown a slight improvement on what was forecast in May, with the deficit coming in $661 million smaller than expected. The final underlying cash deficit for 2011/12 was $43.7 billion, compared to the $44.4 billion forecast in the May budget.

Oh, well that’s all right then – I feel a lot better. Swan stands up at a press conference and actually says its a good outcome. He brags about record low inflation, jobs and investment and still turns in a multi billion dollar deficit. What’s going to happen when the remaining wheels fall off the economy and the full effect of the carbon tax, the MRT, the Fair Work Act misdirection of all power to the unions and the fact that mining and business are just waiting for the government to fall rather than risk forking out more money to the socialist aspirations of the ALP. Does anyone really think players in the cattle game are going to invest money while Ludwig and Burke have power, or fishing for that matter? Mining ventures are held ransom to green tape and after years of jumping through hoops and meeting ridiculous preconditions they then have to face the pond life that tie themselves to trees or block traffic to development sites. The Greens run around desperately looking for an endangered species, or inventing one, or, salting the area with stone age pieces of flint they have picked up from elsewhere. Anything to stop the steady march of capitalism with its by-products of wealth for the local and national economy. These low-lives are friends of the government, the Greens, and often are actually Senators and Members and the risk is – the government will suddenly decide that a few green votes are more important than the economy. They have done it twice recently with Ludwig’s killing the live cattle export business and Ludwig and Burke’s brain snap over the super fishing trawler. It’s not just a risk – they actually destroy industries and mining investment. And Swan says it’s a good result!