Today’s National Accounts are a hammer blow to the Liberals’ economic credibility.
Feeble economic growth under this Government shows they have failed miserably to manage the economy in the interests of middle Australia.
Under the Liberals, the economy is floundering and middle Australia is struggling:
Growth with a one in front of it comes courtesy of six years of stagnation, blame-shifting and finger-pointing from a dysfunctional Government with no policy direction.
The Liberals have nobody but themselves to blame for weak growth, stagnant wages and rising unemployment.
No Treasurer has spent more time focused on his opponents and less time focused on growing the economy.
It’s no wonder this Treasurer has only ever presided over below-trend growth.
It’s long past time for the Liberals to take responsibility for the fact the economy has weakened substantially on their watch.
The Liberals’ claims that they’re good at managing the economy just aren’t backed up by facts.
After these numbers today, the Government’s economic credibility is in tatters.