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Australian government’s faux surplus slashed because of predictable economic short falls

The Guardian.

Growth downgraded, unemployment higher, wages growth weaker, business investment dismal, the government’s economic credibility destroyed – that’s the mid year budget update in a nutshell,” Chalmers said. “The economy is much weaker and the government has no idea and no plan to turn things around.”

If you can’t manage the economy, how can you run the nation? – Scott Morrison, Australia’s idiot prime minister who can’t do either of those things.

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