neonchameleon

So this is a political entry. Starting on the global level, the announcement of radical changes in import tariffs by the United States of America has exposed the instability in global markets and the amount of fictitious capital but is founded on the bizarre calculation from debt. As one commentator put it: "The notion that taxing Lesotho gemstones is necessary for the U.S. to add steel jobs in Ohio is so absurd that I briefly lost consciousness in the middle of writing this sentence". Now, the administration has paused the imposition as global markets tumbled (except China, which has stood up and probably has the edge when it comes to economic resilience). The announcement of the pause seems to have been subject to insider-training.

The international effect of the US administration is influential in the current Australian political climate, with LNP leaders openly aligning themselves to the Trump administration. Policy-wise, they've followed the same playbook as their US counterparts: disastrous economic policies, wrecking public health, stripping the public service, "reforming" labour laws, and, as always, in the pocket of the wealthiest elite of the minerals and energy sector. Even their slogan, "Back on Track" means the track of Abbott, Morrison, and, the worst of them all, Dutton. High inflation, reduced real wages, higher taxes, and higher budget deficits. Weakening public health, education, and, as always, welfare. This 'is The Track' they want us to get back on, with the extra pain of Trump's chaos.

The LNP policies are so terrible they have to abandon them in days after announcing them. With an utter lack of economic literacy and an astounding inability to read the room, they are persisting with their plans for nuclear energy. Their campaign is a mess, with candidates being questioned and even stood down for extremist positions. They are led by a potato. Which we know in the Australian vernacular means a person of remarkable incompetence, the personality of a dullard, and is possibly poisonous. After leading in polls for months as a carping opposition, when actually put on the national stage and asked why they are a viable alternative, they have managed how unready they are. They are definitely not worth the risk; hence their sudden collapse in the polls.

Finally, on a personal note, a number of us met at the Union bar in Fitzroy this week for a small celebration of Tristan Ewins' life, who I wrote about recently. Led by Sarah H., the gathering was mainly made up of comrades from his Young Labor days (I was a bit of an outlier in this regard). All had stories to share (they far more than me), along with loving recognition of his personality traits, his conciliatory and balanced assessment from facts, his equally steadfast and passionate commitment to the underprivileged and working people, and the seriousness he took the public policy. The world is a lessened place by his absence, but we have his writing. I am quite prepared to go out on a limb and suggest that Tristan's writings be read and referred to for some time because he was always thinking about practical implementations and the long-run effects of policy, seriously and long-sighted.