Coalition “resiliently” stupid on economy

The Australian’s Adam Creighton has done a terrific job destroying the Morrison Government’s “resilient” narrative on the Australian economy:

Let nobody think the Coalition government lacks ambition, let alone a meaningful agenda. As treasurer, Scott Morrison laid it all out in mid-2018 in a speech, titled Building Economic and Social Resilience, to the Committee for Economic Development of Australia.

It took barely a year to achieve. After the Reserve Bank cut the cash rate to a then record low of 1 per cent in July last year to bolster flagging growth, Josh Frydenberg declared the economy “remarkably resilient”. Resilience never scored a mention in the 12 interviews the previous month. Since July, though, if there’s one thing you need to know about the economy it is how resilient it is.