Thursday, June 1, 2023

Andrew's Folly

An open letter to Victoria's Liberal Party ..

Mr Pesutto,

Andrews and the labor financial management morons will try and blame everyone but themselves for our gross debt. Not since Cain / Kirner have we been in such a parlous state [IPA] and it took Kennett years to bring us back from the brink of dropping credit ratings costing us millions of lost dollars. Dollars which could have been used for example to cure homelessness. 
That is NOT a political statement but a comment on management capability.
Even now Mr Pesutto, you are to blame, the RBA is to blame, Morrison was to blame, Albanese is to blame, Covid was to blame, Ukraine was to blame and the list will go on and on shouted by loud people all with a brain mouth disconnect. [Same as ‘the voice’ where it’s all about the ‘Vibe’ and little people shouting personal abuse rather than clear strategic thinking.]  There are many issues such as locating  illegal drug injecting rooms next to schools or selling out to Chinese companies to build our infrastructure [John Holland].  It’s sad.
The labor party will try and sink the intelligence level for debate to ‘small things’ as far away from a strategic view as possible because even a child with a smattering of clear thinking can see absolute gross mismanagement over 9 years.
This is not necessarily about what the money is spent on but how it’s debt wasted / spent. For example, $30m lost to the management of COVID and no senior labor manager can remember why, when or how and the Coates report delivered on Christmas eve – for God sake!!
Andrews leads the shouty obfuscating rhetoric on-driven by morons dedicated to saving themselves by volume without any form of clear thinking or proper business 101 management. A focus on the almost irrelevant and minor at the expense of a strategic view. It’s sad!!
At the end of the day we have more debt than SA, NSW and QLD combined yet we all went through Covid. Therefore the Covid ‘credit card’ argument does not wash. Similarly the RBA red herring is chicken feather fluffy with zero substance.
Indeed the reality is what we pay just in interest through 9 years of financial mismanagement and the impact of yet another drop in credit rating. At the moment it’s $3.9 BILLION per annum rising to $7.4 BILLION in 2 years just in interest. This is insane and will be 1/3 of our budget.

IPA .. Victoria now has largest debt, biggest budget deficit, highest taxes, fastest growing government spending, and the fastest growing public sector wages. “Victoria’s debt, in both absolute terms and as a share of the economy, is now far higher than at the peak of the fallout from the economic collapse of the early 1990’s,” Mr Wild said. IPA research has identified that Victoria’s public finances have seriously deteriorated and are getting worse.

If there ever was a time for a vote of no confidence this is it. You need to point out the sad truth IN DETAIL then ask the house to either endorse the financial management of our state AS INDIVIDUALS and accept responsibility or be a part of resurrecting our state through proper financial management. The ratings agencies have even forewarned Victoria about another ratings drop. This is unheard of and will add billions to every Victorian’s government debt!! So much for our AAA rating under Kennett!!

Make individuals responsible including the Teals who supported labor through preferences. One by one, make people publically support Andrews financial management or not. 

Only fools and idiots could support such incompetence.

This is a chance for a spill.

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