Sinclair Davidson brings our attention to these deeply troubling statements from our supposedly conservative, center-right treasurer:
For those who haven’t been following the dire situation in Venezuela, it serves as a timely reminder of what happens when extreme socialism takes over. This is the sad story of how Venezuela came to be and why it matters for Australia and every other developed nation in the world.
One has to wonder if there are any competent economic journalists left in the media.
This whiffy offering was served up in yesterday’s West Australian by its economics editor, Shane Wright: