Malcolm Turnbull’s government has no brilliant idea, the stop the boat left over by former Prime Minister Tony Abbott, it is the fundamental policy that helped Malcolm Turnbull won the election 2016 after the inappropriate coup that shattered Liberals. The Australian obsessed Kevin Rudd and Julia Gillard’s era, so they voted for Malcolm Turnbull, moreover, the people doubt the capacity of opposition leader Bill Shorten who is the vestige of Kevin Rudd and Julia Gillard’s government.
Nowadays, Liberals nearly have the same policy with Labor, actually, Prime Minister Malcolm Turnbull is keen the Australian Republic, the same-sex-marriage, climate change and borrow money. Before President Donald Trump elected, Malcolm Turnbull’s government applied the old economic management. However, after President Donald Trump carries out the biggest tax cut in history, Australian’s government follows, moreover, Treasurer Scott Morrison considers the tax cut is the best policy of Liberals Party. The Australia tax cut is the same in America, therefore Australia’s situation is different from the US. The French proverb quotes” vérité en deçà des Pyrénées, erreur au delà” that means” Truth form this side of the Pyrenees, error on the other side”. President Donald Trump withdrew TPP, but Australia remains and Prime Minister Malcolm Turnbull advises the US president rejoins, he doesn’t recognize the position and the different situation of two countries.
The US’s tax cut helps business and company reduce the cost and also encourage the employers to get more work in the labor market. The US tax cut conducts the lowest unemployment rate since 1986 that thrives the economy after plunging in 8 years under the most mouthful President Barrack Obama who bragged” Yes We Can” to” No We wouldn’t”. The middle-income earner gains the tax cut, they are happy under the rule of SANTA Donald Trump and the black stage of SATN Barrack Obama is gone.
Almost, everyone welcomes the tax cut, therefore in the US is a different situation. The number one of superpowers also possesses the most populated currency. The US’ tax cut booms economy, actually, President Donald Trump has the tariffs policy the domestic company pays the less tax than the import goods. The US tax cut and tariff accompany, it is the best solution for economic restoration and creating more job.
The business and worker welcome the tax cut of Australia, but it is the political purpose for the next federal election. Probably, the incumbent government has been faced the dissatisfaction of the people, actually, the loyal Liberals upset after the coup removed Prime Minister Tony Abbott. The tax cut rate’s proposal of Malcolm Turnbull’s government applies to the company drops from 30% to 25% for all business and middle-income earner of the next 10 years.
However, Australia’s economy is not the same as the US, mostly Australia lessens the industrial section, but the farm product and mine industry seem to influence the national economy, the Australia currency belongs to the products and the foreign trade. China spread the business and finance, however, nowadays, China’s economy has been slow down by its products lost the global consumer’s credit.
Australia’s tax cut could create the blackhole’s budget while the country faces the deep deficit is up to a trillion dollars. Where is the money replace? Therefore, the US possibly overtake the finance with the labor market booms, the new employers pay tax and the US company bring back the business to the homeland after many decades traveled in China and somewhere else.
Australia’s tax cut applies without the changing import tariff and protection policy that could help the company get more profit but the company still operate offshoring, that means the job in Australia still loses. Malcolm Turnbull’s government may overhaul the tax cut’s policy, if not the national economy will be faced the problem, actually, the debt increase is inevitable. The tax cut without changing tariff that could create the flaws and the economy will downturn.
Recently, Malcolm Turnbull’s opinion poll plunges badly, but he feels confident and concerns the party room will decide the leadership, not the poll. Prime Minister Malcolm Turnbull is right, therefore, previously, he used the poll to make a coup in 2015. On the other hand, Prime Minister Malcolm Turnbull really does a lawyer’s career, he could stand alongside with a plaintiff or defendant, so when needing made a coup, he based on the poll, but now the bad poll comes, he ignores. However, in the politics, the country needs a stable stance, not a professional lawyer.
There are just the tariffs taxes on steel and aluminum of the US, the Australian government hurriedly react. Obviously, Prime Minister Malcolm Turnbull raised the voice then Reserve Bank’s governor Philip Lowe called the retaliation and Trade Minister Steven Ciobo takes over the portfolios after President Donald Trump exempted for Australia, he resisted the security deal with the US, probably, does Australian Trade Minister Steven Ciobo want Australia stands with Red Empire China? Nevertheless, the security agreement decides by Prime Minister Malcolm Turnbull plus Foreign Minister Julia Bishop and Defense Minister Marise Payne. It is not the portfolios of Trade Minister Steven Ciobo. Maybe he doesn’t know how to do his ministerial career? The previous Trade Minister Andrew Robs who signed the free trade agreement with China and now he serves for China communist government to control Darwin Port with annual salary is $AUD 880,000. The Australian seems running out the potential leaders and politicians, the people doubt the incumbent government and opposite party. The Lucky Country should turn bad luck if the national leaders drive the country in the wrong direction, actually the national interest strays in the rival and individual’s interest ./.