Time Labor cut Keating adrift

Thursday, 8 August 2019

He’s some serious dead wood. Via the ABC:

“If you’re talking about the Labor Party and why it lost the election, it failed to understand the middle-class economy that Bob Hawke and I created for Australia.

“And so much of Labor Party’s policies were devoted to the bottom end of the workforce and the community paid for by cuts in tax expenditures.

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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.