Australia’s worrying ‘fiscal position’ a result of ‘government consequences’

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  • Опубліковано 3 чер 2024
  • George Washington University Assistant Professor Steve Hamilton slammed the inflationary “fiscal position” Labor has put Australia in.
    This comes amid concerns over government spending, amid the current inflation rate.
    “We needed to see the government step back,” Mr Hamilton told Sky News Business Editor Ross Greenwood.
    “Pull money out of the economy, to take some pressure of the Reserve Bank.
    “The government chose not to do that, and now we all face the consequences.”

КОМЕНТАРІ • 41

  • @Genesis-007
    @Genesis-007 29 днів тому +27

    What Australians need is a new government, VOTE ONE NATION 🇦🇺 PROBLEM SOLVED 👍

    • @roddycreswell8613
      @roddycreswell8613 29 днів тому

      We have the same problem in the USA. Billions going to the Ukraine, the most corrupt country in the world. We the people outnumber them. You idiots in Australia let them take your guns now you can’t stop the tyranny that has taken hold.

  • @MAMethven
    @MAMethven 29 днів тому +22

    Solution = stop giving away money to other countries.

    • @Martin_Priesthood
      @Martin_Priesthood 29 днів тому +3

      And useless projects

    • @briananderson7285
      @briananderson7285 29 днів тому +5

      All taxes paid in Australia should be used for the benefit of all Australians in Australia.

    • @Martin_Priesthood
      @Martin_Priesthood 29 днів тому +2

      @@briananderson7285 👌🎯💯

    • @maxrockatanksyOG
      @maxrockatanksyOG 29 днів тому +5

      Yep- Ukraine, Indonesia et al is a great start.
      Taxpayers money belongs to taxpayers, not corrupt countries for financial aid.

    • @Martin_Priesthood
      @Martin_Priesthood 29 днів тому +1

      @@maxrockatanksyOG 💯 truth

  • @rogermckinnon5738
    @rogermckinnon5738 29 днів тому +12

    All labor ever does is spend and raise taxes

  • @annieoakley56
    @annieoakley56 29 днів тому +6

    Labor has always been hopeless in managing the economy. For goodness sake get rid of them before they bankrupt us.

  • @MelbourneHandyman
    @MelbourneHandyman 29 днів тому +4

    To many public servants

  • @serena-yu
    @serena-yu 29 днів тому +7

    Stage 1: We say nothing is going to happen.
    Stage 2: We say something may be about to happen, but we should do nothing about it.
    Stage 3: We say maybe we should do something about it, but there's nothing we can do.
    Stage 4: We say maybe there was something, but it's too late now.

  • @adrianw7011
    @adrianw7011 28 днів тому +1

    Everytime Labor is voted in, same thing happens, it just gets a little worse each time.

  • @Deano00777
    @Deano00777 28 днів тому +2

    I wonder if Ukraine will give Australia some financial aid to help with our homelessness problems?

  • @skylark_yt
    @skylark_yt 29 днів тому +3

    A year from now, today's woes will look like paradise.
    We're screwed.

    • @ZELJKO472
      @ZELJKO472 29 днів тому +1

      Plus the digital prison, technocratic dystopia.

  • @0401412740
    @0401412740 28 днів тому +2

    Increase unemployment, decrease migration, buy back government bonds, reduce government spending. Formula is simple yet no political will to execute.

  • @user-yw1rp4rj4u
    @user-yw1rp4rj4u 29 днів тому +2

    spend $1000?
    No it will go to mortgage
    payments…..
    This extra cash is all going to bankers and landlords…

  • @1JohnnyUTAH
    @1JohnnyUTAH 29 днів тому

    Caught my first tube today,
    Johnny Utah 1991.

  • @EastWood2004
    @EastWood2004 29 днів тому +1

    Fed govt will need to spend more on infrastructure so we can build more affordable housing across nation.

  • @GrandpaVince
    @GrandpaVince 29 днів тому +5

    Old Vincey doesn't bother with all that kinky fiscal position stuff I'm a traditional grandpa

  • @user-yw1rp4rj4u
    @user-yw1rp4rj4u 29 днів тому +1

    The RBA must be a major sponsor of sky news.
    Sounds like propaganda to cover the RBAs backside

  • @desertwind666
    @desertwind666 29 днів тому

    This video is full of shit takes; basic logic and reasoning could refute almost everything put forward.
    The part that makes me laugh though is “all of the upside comes from things the the government doesn’t control…. Like the economy”
    This literally undermines everything else they discuss and is basically the LNPs entire campaign platform (even though they’re factually worse economic managers).

  • @UltraPerception
    @UltraPerception 29 днів тому

    lets get off that topic.
    Just know that Michael Pompeo was the ring leader. and the trump Admin.