Amusing from The Australian:
Mining magnate Gina Rinehart has urged the Australian government to adopt the stimulatory policies being promised by US president-elect Donald Trump or risk following Greece along an “irresponsible’’ path of increasing government expenditure and debt.
…“People close to the president-elect and his campaign advised that their countrymen told them they wanted, firstly, less government tape, secondly less taxation, and for the USA to grow and be economically strong again, and provide more sustainable jobs. And how exciting, this is exactly what the president-elect, and his team, are advising they want to deliver for America and its struggling economy,’’ Mrs Rinehart said in a speech delivered for yesterday’s National Mining and Related Industries Day.
“In addition to wanting to deliver secure borders, a safer country and less government debt. Trump’s team members advised that the president-elect wants to cut federal government tape by 50 per cent in his first months of office, and that he wants to cut company tax to 15 per cent. What a kickstart to the American economy that will provide!’’
I guess Gina forget the bit about Trump blowing out the US deficit and imposing 40% tariff on China leading to disaster for her business.
Hopefully Donald will too.
