Swann Already Acting Stupidly

The new treasurer, Wayne Swann, is already acting like an idiot with little scope nor foresight to the future of Australia's economy. He announced today that he is looking for ways to cut budgets, save money. So he is looking at defence and other areas to slash, most Government agencies will be cut at some point I can see. The reason why he is doing this now is because of the ratification to Kyoto, which means we have just committed to increased fuel, power and grocery prices post Kyoto due to carbon ticket purchases to burn Co2.

What do you think the Australian public is going to do when they actually learn of this? When they learn the facts to what ratifying this agreement really means to them personally? The public is going to splinter and look straight to the leadership for action to help them cut costs somewhere in their weekly budget. Many Australians are selfish, they don't care about the overall demographics or population, they only care about how a decision affects them personally, not the bigger picture.

How will the Government attempt to fix this problem? They will scrape from budgets now to throw towards some type of tax concession later when the impact hits, trying to right a wrong. It won't work.

The best thing Kevin could do is this. DO NOT implement an industrial relations system once again, instead; pull Work Choices back to a collective situation that reflects near industrial relations standards. Every several months implement a change and record the impact. By doing this the Government won't get the system wrong, won't over do any area, instead create a new system that will balance the economy overall, as industrial relations does not achieve this and Work Choices was simply put in with too many holes at once, instead of gradual and slow change so any problems could be identified and fix individually, and not with compounding issues that occurred to Howard.

You have big boots to fill Swann, in that whilst I agree that Costello was not Prime Minister material, he was undoubtedly the best treasurer to ever fill the role in the country. He was a money magician.... with foresight to see the future, not react to public pressures immediately, instead predict and implement periodic change for balance. Big boots to fill Swann, once again; your already about to screw it all up with cutting budgets.