The Prospect of Tony Abbot As Prime Minister

[tcpip]

Recent opinion polls show Tony Abbot has a better-than-even chance of becoming Prime Minister. This possible requires some serious thought. If you are gay, you can absolutely forget about same-sex marriage rights. At least with Labor, all that's required is to get the matter tabled at cabinet and the vote will be won. His absolutely archiac and offensive attitudes towards women, climate change and indigenous people is infuriating.

He carries a dangerous attitude towards to industrial relations and his deep indifference and ignorance of economic matters. Abbot loved 'Workchoices', and will bring it back; especially targetting unfair dismissal laws, pay and conditions, and penalty rates. Opposing the economic stimulus package, which is considered among the best designed in the world, with excellent results, Abbott not only expressed opposition to it, but slept through the vote after a night on the sauce.

Absolutely reckless cuts are planned against nation-building IT and environmental infrastructure, in favour of handing back $10.5 billion of resource rents from our commonwealth, to mining companies; because Tony understands that billionaires are having tough times. Abbott's accounting has been slippery or stupid. [T]he Coalition asked the department the cost of giving the Productivity Commission an extra $4 million a year. Yesterday the department replied poker-faced that it would cost $4 million a year.. One can only echo the words of Craig Emerson; Australia has never had in the post-war era a more economically incompetent candidate for the prime ministership than Tony Abbott.

Update: Former Reserve Bank chief, Bernie Fraser, (hardly a radical) blasts the Coalition over their economic policies.

Comments

[loic.livejournal.com]

My money's on a soft-ish landing. They have room to move with interest rates and cash to subsidize housing purchases. Also there's that whole resources sector which can really help keep the country in the black.

[tcpip.livejournal.com]

I have circulated the Kavanagh-Putland index in the past a few times which warns of the seriousness of 'rent-seeking' that dominates real-estate investment; we are fortunate enough to be heavily protected by the resources sector, which was part of the reason why the mining resources tax was sought in the first place, to reclaim those economic benefits.