Australian Election 2016 – It’s over. Labor Party Killed By Its Mad Spending

Posted on Mon 06/27/2016 by

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Bolt New 01By Andrew Bolt ~

Newspoll confirms Labor will lose:

The Coalition has pulled ahead of Labor for the first time in the campaign, and enters the final week leading by 51 per cent to 49 per cent as the economy takes centre stage amid fallout from Brexit.

AustralianElection2016I’m not sure that Brexit made much difference. I’d say this is entirely self-inflicted by Labor thinking it could continued its mad spending ways when the deficit is already dangerously high:

Labor has admitted its election policies will cause a $16.5 billion budget deficit blowout over the next four years, while revealing it has included in its costings $5bn in savings from the Coalition’s proposed superannuation reforms, while campaigning against them.

Under Bill Shorten’s leadership, Labor’s election policy costings released yesterday show the budget’s bottom line would not start improving until 2023-24, after three federal elections.

This is an indictment of Labor. The debt is already huge, with the Liberals already promising to add another $85 billion to it over the next four years. Then along comes Labor promising to borrow not $85 billion more but $101 billion.

Worse, that’s even after Labor promises to tax us even harder than the Liberals to pay for part of its massive spending program.

This is a reckless program of tax and spend that is out of touch with the national need and the public mood.

UPDATE

And, of course, Labor is dogged by its past sins. Tom Switzer explains:

If the Coalition wins on Saturday, it will be due in no small part to a policy that commands broad support from not just conservatives but the Australian public at large. 

I am, of course, referring to border protection. When Labor ended Howard’s Pacific Solution in 2008, more than 50,000 people arrived in unauthorised boats and more than 1000 people died at sea. That all changed in 2013 when Tony Abbott reintroduced many of the Howard-era policies.

The result: the boats have more or less stopped… Meanwhile, the British people have looked at the shambolic condition of immigration policy in Europe… Now they have decided to do things completely differently.

Listen to Boris Johnson, a great admirer of both Howard and Abbott. On Friday, the British prime minister-in-waiting declared that, thanks to Britain’s decision to leave the EU, “we can control our own borders in a way that is not discriminatory but fair and balanced – and take the wind out of the sails of the extremists and those who would play politics with immigration”.

A clear majority of Australians agree. So does Turnbull, to his credit.

Andrew Bolt writes for the Herald Sun, Daily Telegraph, and The Advertiser and runs Australia’s most-read political blog. On week nights he hosts The Bolt Report on Sky News at 7pm and his Macquarie Radio show at 8pm with Steve Price.

Read more excellent articles from Andrew Bolt’s Blog . http://blogs.news.com.au/heraldsun/andrewbolt/