Australian Left Review

Article Title

Economic Notes

Authors

David Evans

Abstract

BEHIND Billy Snedden’s glowing words: “Taxes down; pensions up; growth decisively strengthened”, is a Budget which does relatively little for the unemployed, for the pensioner, for the lower income wage earner. It is only a few months since the Treasurer talked of the need for increased unemployment to put the workers and their wage claims in their place. In the face of the political liability of last year’s ill-conceived ‘unemployment’ Budget, the Treasurer tried hard to create the impression that this year’s Budget would cut unemployment decisively.