The Political Sword and TPS Extra at a Glance

For earlier items on The Political Sword and TPS Extra at a Glance click here.

Turnbull’s Medicare backflip – or is it?
Ken Wolff, The Political Sword, 26 June 2016

Turnbull recently announced that his government, if re-elected, will not change any element of Medicare. It came in response to Labor’s campaigning that Medicare was under threat, that it would be privatised, under a Liberal government. The general media response was to take Turnbull at his word and that Labor’s continuing use of the campaign was no more than a ‘scare campaign’ now based on a ‘lie’. But let’s take a closer look, including a careful examination of the words used. More…

Your call is important
2353NM, The Political Sword, 22 June 2016

To paraphrase, hell hath no fury like a politician scorned. Dennis Jensen, MP for the seat of Tangney, was not preselected by the Liberal Party to recontest the seat in Parliament. He is running as an independent. Jensen recently claimed Liberal MPs use database software to profile constituents and decline requests for help from decided voters, even their own supporters. The system is apparently called “Feedback”. More…

The tale of two Daleks
Ad astra, The Political Sword, 19 June 2016

Good Daleks are hard to find. They’re expensive. But for the Treasury and the Department of Finance, no cost is too high. So they spared no expense in their search for reliable Daleks that could repeat their messages tirelessly. They had hoped to find some with a rudimentary knowledge of economics and some understanding of finance, but had to settle for ones that at least could recite mind-numbing messages repeatedly and consistently. More…

National security theatre
2353NM, TPS Extra, 17 June 2016

It’s probably a co-incidence that there has been a lot more advertising around the National Security Hotline since the election was called. You know the ones, the sober colours, formal fonts asking you to report anything suspicious to a free call number. The television and radio advertising (with the foreboding music and deep voice reading the message) give you the impression that all information is valuable and a team of experts will dissect every scrap of information given and act on it. More…

Time for a new economic model
Ken Wolff, The Political Sword, 15 June 2016

Late in the 1970s Keynesian economics was largely abandoned when it failed to explain the stagflation that had occurred during that decade. Recently, in my piece ‘What economic plan?’, I quoted an Australian analyst with the CBA who suggested that recent national data released by the ABS was showing ‘bizarre’ results, an ‘anomaly’. That sounds suspiciously like the criticism of Keynesian economics in the ’70s. It suggests that it is time we reconsidered the current dominant economic models. More…

Feed a man a fish
2353NM, The Political Sword, 12 June 2016

Those who missed the ABC’s Lateline last Wednesday night lost the opportunity to learn about a private (they would prefer the term ‘independent’) school in Sydney that actually seems to want to make a difference. More…



The real Malcolm
2353NM, TPS Extra, 10 June 2016

Since Malcolm Turnbull’s elevation to the role of Prime Minister, there has been consistent reference to his stated ideals and beliefs last time he was the Leader of the Liberal Party plus his public comment on ‘social issues’ such as same sex marriage, internet connectivity, climate change, the republic and so on versus he actions as Prime Minister. For a member of the same party as Abbott and Bernardi, he was really quite ‘small L’ liberal. As times he was more liberal that the ALP. More…

Turnbull is selling us a pup
Ad astra, The Political Sword, 8 June 2016

You all know what that idiomatic expression means – being tricked into buying something that is worthless. It arose from the old swindle of selling a bag that purportedly contained a piglet, but instead there was a puppy inside. PM Turnbull wants you to believe that his bag contains a piglet, but all you will find is a pup. The piglet is called ‘Jobs and Growth’. More…

The economics of debating
2353NM, The Political Sword, 5 June 2016

Economists will tell you that they practise a science in a similar way to chemists, biologists and physicists. If certain inputs are made to solve an economic problem, there will be a certain result. Other scientists also use the same process, a chemist will tell you if you add certain quantities of two chemicals together, it might change colour, smoke or (everyone’s favourite) create an explosion. Others who are less enamoured with economics will suggest that if you put 100 economists in a room and give them a problem, they will come up with a solution. When the solution doesn’t work (because it usually won’t), the same economists will give you 150 reasons why it didn’t. More…

What economic plan?
Ken Wolff, TPS Extra, 3 June 2016

Prime Minister Malcolm Turnbull declared that GDP growth of 3.1%, reported by the ABS on 1 June, showed that his plan for the economy was on track: “You cannot succeed without a clear economic plan. Everything we have is encouraging companies to invest, to employ. So far so good. This confirms the direction we are leading the country in, in terms of our economic plan, but there is much more work to do.” More…

It’s all their fault
2353NM, The Political Sword, 1 June 2016

Have you ever noticed that politicians in general have a great ability to blame others? An example is Labor blaming Prime Minister Turnbull (as he was the former communications minister) for a $15 billion cost blowout in the construction of the NBN. Then in 2013 Turnbull accused Labor of the same thing (only the value was $12 billion in this case) Let’s put this simply — they both can’t be right! More…