Tag Archives: Idiot Economics

Shorten Attacks Business Class

Bill Shorten appears committed to destroying Australia’s middle and aspirational classes. His latest ill-conceived attack on discretionary trusts makes this abundantly clear. Tax minimisation is not a crime Simply put, among other things, trusts allow those running their own business … Continue reading

Posted in Economics on the left, Federal Politics, Uncategorized | Tagged , , , , | 36 Comments

How Venezuela Came to Be – Part 2

Ten days ago, I re-posted my article ‘Venezuela has Completely Run Out of Other Peoples’ Money‘ which goes some way to explaining how the disaster that is today’s Venezuela came about – and why it should matter to Australia, where 50% … Continue reading

Posted in American politics, Economics on the left | Tagged , , , , | 25 Comments

How Venezuela Came to Be

Now that Venezuela is completely ruined, Steve Kates rightly wonders why there has been no explanation as to how it all came about. I add that the complete lack of insight is most glaring in respect of socialist and communist cheer … Continue reading

Posted in Politics of the Left | Tagged , , | 26 Comments

Does This Look Like a Government That Had ALL it Could Eat?

Sinclair Davidson brings our attention to these deeply troubling statements from our supposedly conservative, center-right treasurer: Mr Morrison emphasises that the Coalition understands that large businesses employ millions of Australians, which is why it took its enterprise tax plan to … Continue reading

Posted in Budget, Federal Politics | Tagged , , | 35 Comments