Monday 15 April 2019

A few musings on the election



  1. Pay no attention to internal or seat polls.  I have repeatedly written about internal polls. There is no need to take any notice of them as we shall have various public polls out. Kevin Bonham has also repeatedly warned about . They are hopeless
  2. Policy costings. Wayne Swan's best initiative was creating the Parliamentary Budget Office. This means the Opposition now gets costings for any of their policies that is as good as Treasury. Unfortunately this government have not learnt from the ALP's disastrous attempt to use Treasury in the 22013 election. They simply look foolish
  3. The Victorian election should be heavily criticised for their use of taxpayers money to criticise the present Government. This has now set a bad precedent.
  4. I am interested in the seat of Warringah. I believe Parliament would be a far better place without Mr Abbott. He seems to be worried given how many crackdowns he has taken
  5. I am somewhat amused by the government criticising the ALP for their large taxing measures. If these measures are bad for the economy how come this did not occur when Howard was PM?
Losing power today so possibly more later

okay a few more things from the library

  • Taxable income is a very poor indicator of how wealthy a person is. It is total income MINUS deductions. Wealthy types always have a lot of deductions. A reason why some economists ( and I support them) want to get rid of deductions. My memory has the very conservative Michael Porter being one of them
  • electric car scare came and  went. It is a target which is very similar to the Government. It is not mandatory. Very east to get charged without resorting to the electricity network I would have thought. If electric cars take more and more of the market would not service stations put of solar panels and batteries. would drivers of electric cars fill it up or simply top it up

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