Like light, ScoMo can’t escape black hole

Advertisement

From The Australian:

Scott Morrison has markedly pulled back from his “Labor’s black hole” overreach of Tuesday after claiming to have “flushed out” Labor on funding promises on foreign aid, school kids bonus and pension tests.

…Morrison — while still saying Labor’s “black hole” could be as high as $67 billion — has stepped back from a range of estimates and zeroed in on the $18 billion in savings Labor blocked in the Senate during the Abbott government.

Fail.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.