The Political Right and the ‘Bottom Line’

Do the right look after the budget bottom line in government?

Probably not anymore. Not if it interferes with giving taxpayer’s money and possessions to the corporate sector.

In the US, we have corporate tax cuts, massively increased military spending and license for corporations to pollute and poison people – none of this will apparently cost the public anything – while even the smallest increase to the dole or the basic wage is cause for catastrophe.

In Australia, the Right wing Coalition has blown out the debt since taking over, and plans to blow it out even more, with more military spending, more spending on supporting the Adani corporation dig up and burn enough coal to wipe out climate stability, tax cuts for corporations who don’t pay any tax and so on.

Then there is the Coalition in NSW. They apparently have plenty of money to throw at developers, while selling off public goods, making life easy for coal miners to pollute, and destroy our water table, and harder for ordinary people to protest. They constantly make massive commercial in confidence deals with public money. They sign contracts with private enterprise before business cases and Environmental Impact Statements are finished. They support the idea of public money being spent on private enterprise sports stadiums, when the sports organisations are tax exempt because they are supposed to provide their own facilities. They make totally stupid decisions with public transport – new trains without toilets on long routes, new trains that can’t fit in the tunnels, new tunnels that can’t fit normal stock. They dig up rail access into the centre of Newcastle so that developers can build on the ex-tracklines. They think that a major new tax on transport in Sydney (through the Westconnex set of motorways) is a great idea as long as the tax is a toll going to private enterprise, and it won’t end up funding public hospitals, schools or renewable energy research – and the public funds the building of the new roads. Cost, of course, blows out massively as it is remuneration for private business, and people get thrown out of their homes and undercompensated. This is either a pure waste of money and incompetence, or a deliberate policy about giving money to those who already have it, at the cost of everything else. The other way of seeing this is as normal crony-capitalism in action. The corporations control the parties who control the State, and the State exists to benefit the ruling corporations.

The last two Federal Coalition leaders, have both failed to deal with any of the problems we face at all – in fact they have run away from them, tried to put the cost on the less wealthy, or have simply made the problems worse.

It is always easy to pretend to live prosperously if you sell off your assets and overspend – eventually it hits, and that could be the grand idea, bankrupt the government and throw ordinary people to the wolves. Sometimes, as Walter Steensby says, it looks as though the neoliberal philosophy thinks that people and nature are just costs and an obstruction to its own development, and they need to be disposed of.

The Right often only seems to worry about the bottom line when there is a chance that money might be going to people who actually need it to survive.

Tags: , , ,

Leave a comment