Is Labor being smart or stupid gutting policy?

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Via the AFR comes ALP rising star Richard Marles:

Acting Opposition Leader Richard Marles said Labor failed its base at the last election by offering “handouts over hope”, as he joined calls for the party to move its economic focus away from tax and spend and towards generating growth.

Speaking to the John Curtin Research Centre in Melbourne on Thursday, Mr Marles cited Labor’s big spending promises on cancer treatment and dental care for pensioners as policies which failed to resonate with, and maybe even alienated, the low-income voters they were aimed at.

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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.