Australia the next Venezuela

I wish I were up to writing all that needs to be said, but I’ve just read how Labor is going to deliver us “the new capitalism”.

Here is how the old capitalism worked. Individuals would put their own capital at risk and if it worked out they would earn a living, and sometimes become rich. Meanwhile, the community would become more prosperous over time.

Now the word used by our Treasurer is “co-investment’. The government will lead the way. It will be in “partnership”. They are such buffoons but we will all pay for their stupidity. These socialists have never understood a thing about how an economy works.

3 thoughts on “Australia the next Venezuela

  1. i told my left friend to read ‘I, pencil’ (and ur ‘Mechanical’ updated version). He grasped the essence but I’m sure he will return to his naive comfort zone of utopia re govt are angels and business people are evil.

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