"The budget is burning" - economist

Man oh man, this crazy gov has gotten itself into a right bloody pickle. Economists are now saying the budget is burning (not to be confused with the beds are burning) and that the senate must compromise to get nearly $30 billion of cruelty through it. *pffft*

The senate wasn't the one who introduced an impossible ideological budget that Australians were never going to accept. The senate wasn't the one that refused to budge an iota in so called "negotiations" with the gov. The senate wasn't the one who kept hanging onto the dead parrot budget whilst the gov kept it standing by nailing it's feet to the perch FFS. Still, after all these months, after all the political pain, after senate refusal after senate refusal (terribly inconvenient this democracy thing you know) the gov still keeps gripping the dead parrot claiming it's alive. Still holding on to these cruel measures. Asserting that the poor must starve and leaving rich perks alone.

This gov created their bed. They can bloody well lie in it. Maybe a bit of bed burning after all? Burn baby burn I say. Where's that fuckin blowtorch.....

"That would carve about an extra $3 billion a year out of the budget - $2 billion this year and then rising to $3 billion every year there after," Chris Richardson from Deloitte Access Economics said. 

His firm was predicting a $35 billion deficit blowout over the next four years compared to Treasury's May figures: -$27 billion in 2015-16, -$21.5 billion in 2016-17 and -$12.4 billion in 2017-18. 

He now says it will be closer to $47 billion and thinks the "the budget is burning" through a combination of falling commodity prices, lower tax receipts, slow wage growth and political deadlock over savings measures. 

"We have big deficits that are not going to go away unless 'political Australia' manages to reach some compromises around this," he said. more  

What a load of crap. "Political Australia" is probably the biggest problem of all. The pollies think they live in another world in the rarefied atmosphere of Canberra. The Abbott gov doesn't get what the budget will do to real people in real lives. It's all about politics and power for them.

One of the things out of this budget has been the mobilisation of said real people in real lives, the internet giving us a direct voice to the senate as never before. There's a very good reason why the senate has blocked the budgets cruelty. It's because the senators heard us, real people in real lives, and not the conceited arrogant gov in a delusion political world of it's own making.