I understand that it can be difficult for lobby groups and representative bodies to maintain an arms-length relationship with governments after a sustained period of Keynesian economic thinking. Governments also need to be courageous on economic policy when they have been in the habit of trying to pick winners, rewarding fellow-travellers and throwing subsidies to the masses - not to mention the rent-seekers and crony capitalists whose job it is to enrich one group of Australians – themselves, at the expense of another. But we need to call a spade a spade: rent-seekers and crony capitalists are the scourge of business and politics. They tarnish the political process, distort the market and in the case of sectors like property development, distort the entire economy. @SenatorBobDay in issuu/acci/docs/acci_c_i_summer_2014_final_digital pages 4 & 5 #AusPol
Posted on: Wed, 07 Jan 2015 07:15:14 +0000
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