Finance

Abstract

Article

In war, truth is the first casualty.In politics, it seems to be logic.

Our PM announced the justification for abandoning the unemployment allowance in September isthat there will be more employment then.   ???

If there is more employment, the government will have fewer calls for help and larger income from taxation, which leaves it betterplaced to continue much needed support to those who will still be unemployed through no fault of their own.

The Treasurer expressed great admiration for Thatcher and Reagan, whose severe economic policies did not work andd brough considerable misery to the poor. To try to avoid the fall-out from this, the Prime Minister has said that we shall have our own Áustralian'solutions, whatever that means. It would be a useful mechanism to use in an advertisement for used cars.