Go to Maccas for a couple of burgers then tweet that the Government needs to spend a lot more:
With this sort of information before them, it is staggering that the government is underspending to support the economy at a time of mass dislocation. Stimulus measures have been stingy, slow and poorly targeted https://t.co/jT67Buc5JF
— Stephen Koukoulas (@TheKouk) July 14, 2020
Wait a few hours, go back to Maccas for lunch, then completely contradict yourself with a tweet about the public debt being too large owing to stimulus:
The Morrison government just borrowed another $17.0 billion – Yowzer!
Assuming no budget surplus, this will have to be rolled over in November 2025. And who knows what interest rates will be prevailing then – very likely a few percentage points higher than today pic.twitter.com/McNgy53r8g— Stephen Koukoulas (@TheKouk) July 14, 2020
Drive-through for dinner then tweet about the evils of MMT, the one regime that could reconcile his more stimulus, no more debt contradiction:
A lot of smart economists are highlighting the impacts of the 2020 COVID Depression & are coming up with policy solutions, ideas to fix the economy.
I hope the government & opposition for that matter are listening.
(There are a few duds too, but just ignore the MMT claptrap)— Stephen Koukoulas (@TheKouk) June 28, 2020
Rinse and repeat as public discourse goes down the gurgler.
P.S. Some events in the Kouk’s daily routine have been fictionalised for dramatic purposes.
