Lying rotten fishhead bewails economic lies

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They say that the fish rots from the head and never was a truer word spoken about the festering Australian Financial Review.

Its rotten fishhead, Michael Stutchbury, today bewails the lies of politics by, you guessed it, lying.

As Treasury secretary Steven Kennedy says, it was Liberal Treasurer Josh Frydenberg who agreed to pump up overall demand during the pandemic with unprecedented slabs of borrowed money. Egged on by Chalmers, it was a deliberate, opportunistic strategy to cut the jobless rate to 50-year lows.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.