Be careful what you wish for, Treasurer Jim “chicken” Chalmers.
Back in July 2023, Chicken Chalmers declared:
The Albanese Government has appointed Michele Bullock as the ninth Governor of the Reserve Bank of Australia (RBA) for a seven‑year term beginning on 18 September 2023.
Ms Bullock is the right person to lead the RBA into the future and ensure we have the world’s best and most effective central bank.
She is an outstanding economist and leader with a deep understanding of the RBA’s role and operations, built up over her long and distinguished career with the central bank.
Ms Bullock will make history as the first woman to lead the RBA in its 63‑year history.
A lousy 13 months later and the Chicken was all about turning the first woman into a burning pariah:
The treasurer, Jim Chalmers, said last weekend higher interest rates were “smashing the economy.”.
Pop quiz for Chicken Chalmers:
- Is Ms Bullock an outstanding economist and leader of the world’s most effective central bank?
- Is Ms Bullock an economic smasher?
- Are you a backstabbing coward?
We all know the answer.
