Last night there was yet another debacle in Australian politics. With 3 months before the election the ruling labour party decided to vote out the current useless leader and replace by another useless leader. Out with Julia Gillard and back in with Kevin Rudd. Wasn’t he Prime Minister before? Just 3 years and 3 days ago the same Julia Gillard tossed out Kevin in favour of herself and now the reverse has happened. Karma has a good way of catching up on you I say.
When Kevin Rudd first took over (in 2007) he inherited a very strong economy. Our previous great leader John Howard inherited $96 BILLION of debt when he took over the reins in 1996 and had it all repaid under his term + added another $90 BILLION to the coffers. So Kevin inherited a surplus of $90BN. What does it look like now – 7 years later? Close to $300 BILLION in Debt!
That’s a near $400 BILLION swing in 7 years. Very impressive spending (wastage) Labour Party. Very impressive! Where has it gone? Is the country better off for it? I don’t think so. We still have problems with roads, electricity, water, schooling, broadband speed and health care. We have also slipped in tourism and agriculture. The thing that is keeping the country afloat is our resources industry.
It seems the current muppets (pathetic leaders) are more interested in themselves then the country.
Why don’t we elect business people to the helm (who have run a big business before) and see what they would do. Here’s my initial checklist/thoughts/ideas …
- Hire a great CEO and pay them appropriately – say $5M with a bonus based on surplus. When you pay someone $400k to run an economy of $1.4 TRILLION … well, you pay peanuts and you get monkeys!
- Increase revenue by taxing spending – take GST to 12.5% immediately and then 15% in 3 years time
- Sell off all assets that are more efficiently run by the private sector – rail roads, electricity, water companies, hospitals, schools, postal office etc
- Keep business owners happy (the most important customer as they hire all the people) by abolishing payroll tax (what a stupid tax that is) and relaxing many of our daft industrial relations laws. Enable us to hire any type of person (let us advertise for exactly who we want) and fire people when we want.
- Put a broom through all wasted spending. Introduce an ROI indicator for every project. Each leader of a portfolio to present a proper business case with how the country is going to be better off for it, monitor the spending and keep the leader accountable – which means fire them if there is a blow out or the project doesn’t work.
- Relax the immigration rules (not admit the boat people – they need to be turned back) so we can increase the population by double in the next 2o years. We are a massive country and we can support a big population of 50M plus. More people means more opportunities.
It takes someone with big balls to make the big calls. Who is prepared to make the calls?