From Newsgroup: aus.politics

*Negative Gearing, AUKUS Billions and Gas Giants Laughing All The Way*

/The West Report, 120k subscribers, Premiered 18 hours ago/ <https://www.youtube.com/watch?v=rWpde4FHoX4>

"Jim ChalmersrCO 2026 Budget has landed and, despite the pearl clutching
from the Rich Boomers Lobby and Murdoch press, the sky has not fallen in.

Westy looks at the modest but meaningful move on negative gearing and
capital gains tax, the failure to properly tax AustraliarCOs gas
exporters, the ever expanding AUKUS gravy train, Budget deficits, NDIS
cuts, fossil fuel subsidies, private health insurance rorts and the
latest on BHPrCOs lawsuit against Michael West Media.

The Budget takes a small step toward rebalancing an economy tilted
toward investors and asset owners, but the biggest rort in the country
remains untouched, foreign gas giants making billions from Australian resources while paying crumbs back to the public."

~~~~ ~~~~

Well, Labor is taking baby steps towards the right direction while
walking on a fine line between the investor class's wailing outrage and
the economic distress lower and middle class Australians are subjected to.

The currently experienced hard-capitalist crisis is mighty hard to fix
given how much it is skewed towards benefiting only the already super
wealthy. Decades of social and economic drift of towards the right
simply can't be reversed by an easy stroke of a pen. No matter what
Labor did so far against the machinations of utterly shameless, out of control, scammer, grifter capitalist conmen's ripping off Australians
sadly still remains in full swing.

But if you only listened to the rightard media circus and your Coalition luminaries' outraged screaming you could believe that Armageddon has
already began.
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