The fiscal policies of conservatives like Trump and Scott Morrison are eating away at the fabric of society
If running a budget surplus is a “conservative value’ then Donald Trump is one of the most progressive presidents in US history. The US federal budget deficit is already more than $US779bn this year (more than $AUS 1tn) with the Congressional Budget Office forecasting deficits of more than $US 1tn per year for the foreseeable future.
Of course, Trump is no progressive and there is no link between conservative politics and conservative fiscal policy. None. But, just like Trump, John Howard, Tony Abbott, Malcolm Turnbull and Scott Morrison have prioritised permanent tax cuts over long run fiscal stability whenever they have had the chance.
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