Terry McCrann: This is a budget creating problems for the future

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  • Опубликовано: 13 май 2024
  • Business and economics journalist Terry McCrann analyzes Jim Chalmers' budget for 2024.
    #budget2024 #australia #jimchalmers #terrymccrann
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Комментарии • 28

  • @evoathlete
    @evoathlete 14 дней назад +10

    Your news page is like a women’s magazine.

  • @lochlanbrown961
    @lochlanbrown961 14 дней назад +11

    I'd like to see a follow up video of what you think should be done

  • @sam2118
    @sam2118 14 дней назад +2

    The fact this old man is rambling angrily about the new budget is all i need to know that it is a good one

  • @kingofthejungle3833
    @kingofthejungle3833 14 дней назад +4

    Thankyou Terry, that's pretty much what I expected from Chalmers. I've been saying all along that raising interest rates will only increase inflation and cause the economy to collapse. I'm expecting a deep, long slow recession.

    • @johntheodoulou
      @johntheodoulou 14 дней назад

      But the inflation came first, created by the LNP government. Interest rates don't cause inflation, they are used to STOP inflation. Shame you know nothing about economics.

  • @deantsar6246
    @deantsar6246 14 дней назад

    100% correct

  • @apizone1
    @apizone1 14 дней назад

    In there last days of Sco Mo ... the LNPs own RBA Governor said there would be 2 years of rate rises!!! .. that was just 8 weeks from the end of SCO MOs term'....So economist say its on the LNP ...you know that
    Govt dont control rate rises... Long term policy does have some effect BUT it the Libs that were in for the last 9 years
    But the 2 wars are the main driver ..
    This would be the same if Labor had been in 9 years.. then it would be their fault

    • @steverogers9507
      @steverogers9507 10 дней назад

      Rose coloured , left leaning glasses again?

    • @apizone1
      @apizone1 10 дней назад

      @@steverogers9507 Look it UP .. Sco Mo own Reserve bank govenor ... said we will have 2 years of interest rate rise... its a matter of FACT .. after 9 years that what they LEFT
      Economist are clear the cost of living is on the LNP....as it would be on ANY govt in paper for 9 years

  • @stankstaint2368
    @stankstaint2368 14 дней назад +4

    Your budget insight is irrelevant when innocent people like David Mcbride are being wrongly imprisoned.

  • @damiancoldwell8197
    @damiancoldwell8197 14 дней назад +5

    Its a budget for governments to make themselves richer

    • @Undvne
      @Undvne 14 дней назад +1

      Care to clarify that claim with some evidence champ?

  • @freef49
    @freef49 14 дней назад +8

    high taxing??? last I checked LNP taxes higher than Labor

    • @markcarli8259
      @markcarli8259 14 дней назад +3

      Not with bracket creep.

    • @freef49
      @freef49 14 дней назад +2

      @@markcarli8259 For context, old mate was talking about the economy as a whole not income tax.

  • @rosielynmurphy892
    @rosielynmurphy892 14 дней назад +4

    Higher taxing is in labors DNA

    • @Undvne
      @Undvne 14 дней назад

      There literally lowering taxes. What are you on about mate+? Lol

  • @kathleencook3060
    @kathleencook3060 14 дней назад +4

    The Budget has cost taxpayer's $26 billion this year alone!.

  • @GarthThomson
    @GarthThomson 14 дней назад +1

    Haters gonna hate BAU 👎🏼

  • @jessiehuynh7495
    @jessiehuynh7495 14 дней назад

    You never criticised LNP

  • @glenncourtney7650
    @glenncourtney7650 14 дней назад +1

    My take on this......
    Labour is making sure the problems are stacked up into the future just in case they're a one-term'er.

  • @TaxEvasi0n
    @TaxEvasi0n 14 дней назад +4

    Jesus Christ is king.

    • @fatal-flaw10
      @fatal-flaw10 14 дней назад +1

      You god doesn't exist 😂

    • @kazhausler2359
      @kazhausler2359 14 дней назад

      No.. Airbus Albo thinks he is!!! 😂😂😂

    • @TaxEvasi0n
      @TaxEvasi0n 14 дней назад +1

      @@fatal-flaw10 Can you tell my where the information came from in the cells? Can you tell me how the first cell came about? Can you tell me how origin of life overcame all the paradoxes it faces? Can you tell me how chirality naturally was overcome? How the cell was formed needing water, but not in it? Can you tell me who put the ACGTs and ACGUs in these molecules and cells, that together make an incredible structure?
      Please, tell me if you know this. Naturalism is dead, and origin of life killed it.

  • @matthewbaker1088
    @matthewbaker1088 14 дней назад +6

    I'm not a fan of politicians but hey, Mcrann two surpluses in a row are better than your jew mate that printed coffee cups'Back in the Black"..