Trump VS Our Leaders: No Contest. Check The Economy

Andrew Bolt, Herald Sun
02 March 2018

Mining and cattle tycoon Gina Rinehart in a speech to the 500 Club makes a scary comparison between Australia and the America of much-mocked Donald Trump.
Only one of the two can boast of a record like this, thinks to moves like slashing company tax slashed from 35 percent to 21 percent, and 22 regulations for every new bit of red tape:

  • Over 2.4 million jobs have been created in a year;
  • business optimism is at an all-time high;
  • The stock market has repeatedly reached record highs;
  • Investment is strong and rising;
  • Wages are rising with the usual weekly paycheck for the median worker rising by its fastest rate in nearly a decade;
  • Consumer confidence is high, beating predictions;
  • Unemployment claims are the lowest they have been in nearly 50 years;
  • The unemployment rate is at the lowest it’s been in 17 years;
  • Unemployment has fallen to record lows for typically high unemployment groups; and
  • Female unemployment is at a near two decade low.

Wow, I would even be more excited as a fourth generation West Australian and Australian, and someone who I think has shown her dedication to West Australia and Australia too, if I could say this exciting and very important news was happening in this state and our country.

The United States, under President Donald Trump’s leadership, is showing everyone they are open for business and investment, and truly on the way to making the USA great again.

In contrast:
The truth is approvals, permits and licences, are not encouraging to investment or jobs or improving living standards, or bringing the revenue we need for essential services, defence, police, hospitals and health centres, our elderly, better infrastructure, sporting facilities, parks and more. Isn’t it time our governments knew this, and did something significant about this, not just say they are cutting red tape. It is now hugely higher than it was under the anti-business, socialist Whitlam government…

For instance:
Brazil, a country with a similar land mass, has a cattle industry nearly 10 times bigger than Australia’s and we like to tell ourselves we are world leaders in agriculture…

Just one example of government regulation that acts to prevent our cattle industry from developing in WA, is the restrictions on the usage of the Fitzroy River.
Across the average wet season, approximately 7,000 gigalitres of water is wasted as it uselessly flows into the ocean, past many stations.
Just one years flow is about 14 times the amount of water in the huge Sydney Harbor! 

As it stands in 2017, the government only allows one water licence to access water from the Fitzroy River for a mere 6 gigalitres.

This leaves approximately 99.9991% of the water to run out uselessly into the Ocean.

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