The LNP today discovers the first step of two that will win the next election in a landslide:
The Coalition will demand Jim Chalmers cut spending in the May budget to accelerate the nation’s fight against stubbornly high inflation, but trade unions say prices growth has peaked and Labor should instead focus on jobs and bolstering wages.
A battle over the Albanese government’s spending and growth agenda amid a housing crisis fuelled by high migration will now underpin the Coalition’s central election agenda as it seeks to establish five key tests for the Treasurer in the May budget.
Opposition Treasury spokesman Angus Taylor, accusing Labor of being distracted by “ideological crusades”, will also nominate lowering energy costs, driving increased productivity, small business support, and reinstating the Coalition’s stricter fiscal rules in the budget as key yardsticks for the government, with the primary goal of restoring living standards for Australian families.
Yep. ‘Labor can’t manage money’ is being lived out by households across the nation right now.
The political answer is to cut fiscal spending to help drop interest rates in classic Howard/Costello style:
The second leg of the election strategy is to slash immigration to take pressure off all essential service costs.
An “immigration freeze” for a year or two (cutting off all flows other than family and refugees) to allow the economy to catch up to the population would be ideal and fits perfectly with the long-term political mythos that “Labor can’t manage borders.”
This move would also significantly reduce inflation pressures by ending the crushloading of education, transport, health, and every other public service, fixing the homelessness crisis, and lifting wages.
And deliver further interest rate relief plus rising house prices.
This one-two punch would decimate Labor in the next election because, amazingly, the political myths have become reality under Albanese and Chalmers.