The Liberals are getting stick all over the press this morning about the failed budget. Andrew Bolt has the round up of views. But it is this vignette in Chris Kenny’s piece this morning that sums up the problem:
In Madonna King’s recently released biography, Hockey is reported to complain about a lack of “enthusiasm” from this newspaper in coverage of his 2012 “age of entitlement” speech in London.
Apparently he complained to proprietor Rupert Murdoch.
“I said, ‘what the hell is The Australian doing?’ He was appalled,” Hockey said.
However, you don’t just deliver a speech, give an interview to your ideological enemies at the ABC and expect your arguments to take off, or complain to the boss.
As I keep saying Hockey needs to step up. They all do. To remind ourselves, this is what is wrong with Hockey’s budget: it doesn’t cut spending and it doesn’t cut taxes. Given the fact that it doesn’t cut spending and doesn’t return the budget to surplus, there is no prospect to tax cuts in the near future – quite the contrary, not only does the budget increase taxes, the Abbott government is in the process of repealing tax cuts the previous government enacted.