Jim Chalmers kills the government

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We warned and warned and warned. But Labor didn’t listen. It listened instead to the policy cowardice of Jim “chicken” Chalmers.

And now that chicken is coming home to roost. The latest polling shows the government is now rightly considered to blame for inflation and, perhaps worse for its fate, miles behind in all areas of policy credibility versus the LNP.

Australians are holding Labor to account for the financial pain from rising prices and the cost of housing, with 58 per cent saying they would struggle to pay for a major expense because their household budgets are stretched too thin.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.