THE FEDERAL BUDGET IS A SHAM!
Malcolm Turnbull and Scott Morrison’s 2017 Federal Budget is a fallacy built upon airy fairy numbers and has just been blown apart by the latest ” Slowest Wage Growth number since the last Recession 0.5 percent in the first quarter of 2017 ( that means an annual growth of only 1.9%).
Their budget plan configured to gain a ‘Surplus in year 2020/21 of $7.4 Billion CAN’T HAPPEN!
The federal budget forecasts a continued acceleration in pay rises, with the wage price index predicted to rise to 3 per cent in 2018-19, 3.5 per cent the year after that and 3.75 per cent in 2020-21 – the year the budget is forecast to get back to surplus WAS NEVER POSSIBLE!
What will happen is:
- Other countries will dump their merchandise and produce on Australia on prices lower than the cost of producing/ manufacturing it in Australia and thouands upon thousands of jobs will be lost in Australia.
- Thousands upon thousands of Australians will join the Dole Queue.
- The ‘National Debt will explode beyond $1 Trillion.
- AUSTERITY WILL SPREAD AND REMAIN IN AUSTRALIA FOR FOUR AND MORE YEARS.
THEIR PROMISE IS THREE YEARS OF AUSTERITY viz DEFICITS IN 2017/18, 2018/19, 2019/20 until a fantasy surplus is achieved of $7.4 Billion in 2020/21- NOW CLEARLY IMPOSSIBLE!
It is obvious now that they really don’t know what to do to change things around and to bring a new era of prosperity – I DO! But I can’t do it alone. TIME IS RUNNING OUT! AUSTRALIA IS IN YOUR HANDS! I need 500 members now to register my party and to contest every State and Federal Seat and to win the next Federal Election I need your support send an email with “I wish to join” subject line to email@example.com YOUR DONATIONS NO MATTER HOW BIG OR SMALL GRATEFULLY RECEIVED send your financial pledges in your email to join my party. IT IS NOT PRETTY LIVING IN POVERTY – I KNOW! Cheers Ray.Thyer ( President). Like me on Facebook.