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By | June 10, 2016

Updated November 18, 2013 18:47:48

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The Coalition’s characterisation of Labor’s bread-and-butter administration as “reckless” and “wasteful” is a big lie that is activity to be adamantine to revise, writes David Hetherington.

One day, they’ll address arbiter case studies about it. Political genius, they’ll say – a adept chic in strategy, messaging and discipline. It formed a amusement and delivered government to the Coalition.

I write, of course, of the Big Lie – the allegory created and broadcast by the Coalition that the Australian abridgement is in the mire as a aftereffect of what Joe Hockey calls “Labor’s bread-and-butter and budgetary mismanagement”.

The Big Lie was a cornerstone of the Coalition’s political action over the aftermost three years.

At every turn, Coalition MPs railed adjoin Labor’s “reckless”, “scandalous” and “wasteful” administration of the economy

The choir aural News Corp Australia played their allotment to perfection, with a circadian drumbeat of assessment pieces alveolate abstruse concern.

That the Big Lie ran adverse to all bread-and-butter actuality mattered not a bit. Its advice was so acknowledged that abounding in the electorate came to accept it.

However, the bite may be in the tail. For the government, the claiming of the Big Lie is ambidextrous with its legacy.

Having won government, the Coalition finds the abridgement is – abruptness – in the aforementioned acceptable appearance it was before. Low unemployment, low inflation, abiding growth, a triple-A rating.

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As this absoluteness sits uncomfortably with the Big Lie, the Coalition charge cross a aerial political about-face and administer the aggrandized expectations of its supporters.

Mr Hockey has already amorphous this task. On his acknowledgment from IMF affairs in the US, Mr Hockey commented:

There is no agnosticism that everybody is adorable to [Australia] to board administration in the apple abridgement abutting year in G20.

There’s a acceptance that Australia has, for a continued period, been able to bear bread-and-butter reform, so there’s a aerial akin of apprehension and excitement.

Hardly the being of adventuresome bread-and-butter management, then. The about-face is assuming up in the new government’s action too.

When he absitively to about bifold the Commonwealth’s debt absolute to $500 billion, Mr Hockey reassured us that the Australian abridgement was “growing as it should be” – added agnosticism of the Big Lie.

He justified the accommodation by arguing that “we are not activity to acquiesce Australia to become in any way as accessible as the United States”.

The association that Australia needs the debt absorber to acknowledge to shocks suggests that Mr Hockey’s acknowledgment to any crisis will be absolutely the aforementioned as what the Big Lie airtight Labor for – borrowing to activate the economy.

His Prime Minister Mr Abbott is award the alteration from the Big Lie harder.

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When he told the Washington Post that Labor had been “scandalously wasteful” and a “circus”, he was talking bottomward the Australian abridgement in the world’s better basic market, admitting the actuality that all-around basic managers abide to accede Australia a awful adorable abode to invest.

In government, Mr Abbott needs to about-face bound from the Big Lie address to ensure his address does not become self-fulfilling.

The Coalition’s big business cheerleaders additionally charge to acclimatize to the actuality that back the Big Lie was never real, the Abbott government will not be able to bear abundant of their ambition list.

Judging by his comments aftermost week, Maurice Newman, armchair of Mr Abbott’s Business Advisory Council, has yet to board this reality.

For all the activity about the Commission of Audit, the actuality charcoal that Australia’s accessible spending is low by apple standards, so there’s aloof not abundant fat to cut and little ambit for the tax cuts craved by big business.

And back Mr Hockey has conceded there’s “just not a lot of money larboard in privatisations at a federal level”, there’s little joy for business there.

It’s the aggrandized expectations created by the Big Lie that explain the aerial abruptness of business commentators back retail giants Coles and Pacific Brands appear collapsed sales abstracts for the post-election period.

For all those who had argued that aplomb would lift a backward economy, the non-appearance of what economist Paul Krugman calls the “confidence fairy” has been a letdown.

And this is conceivably the better declining of the Big Lie – it affidavit over 18-carat challenges in the Australian economy.

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To advance our able bread-and-butter almanac and our affection of life, we charge abiding strategies to administer the alteration out of the mining advance bang and to accord with growing accessible all-overs about accretion casualisation of work.

The Coalition’s apocryphal altercation that our abridgement has been ailing managed will alone accomplish these challenges added difficult back they are eventually faced.

There may one final aberration in the Big Lie.

If the abridgement does dip in the face of these challenges, and the accessible cottons on to the actuality that our contempo years accept been acceptable ones, they’ll admiration why they were aria to.

They may alike bethink that “Ju-liar” was a cornerstone of the Coalition’s cause adjoin Labor, which put accuracy and candor at the centre of its campaign. And if they do, they’ll realise who was lying and who wasn’t.

David Hetherington is controlling administrator at Per Capita, a accelerating anticipate tank. View his abounding contour here.

Topics: federal-government, government-and-politics

First acquaint November 18, 2013 12:35:01

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