This is how low things have sunk. MB gave Josh Frydenberg a fearful time as Treasurer for being irrepressibly inept.
We coined him Josh “Recessionberg” because an ill-fated campaign to deliver a surplus for the 2019 election drove the economy into the ground, embedded deflation, and put politics ahead of sound economic management.
But, in the Great Australian Decline, one can never say we are at the bottom. A little Josh Frydenberg tightening is precisely what the economy needs today versus the disaster playing out under Treasurer Jim “Chicken” Chalmers whose overspending and policy cowardice have cratered living standards.