Voting With Their Feet

In a generous shower of extravagance with other people's money, Anthony Albanese has promised to slash $16 billion of student debt.

It's a predictable return to form of the man who loves handouts and freebies.

Unfortunately, the personal debts of those who received a substandard education from the diploma mills known as Australian Universities don't go away.

Instead, it's magically transferred onto the obligations of the rest of us who are being forced to pay the national debt.

That means that not only have I paid for my own son's University courses, but I get to chip in for a bunch of pierced, purple-haired basket weavers who hate Australia.

That's a disgrace, and it adds to the estimated $20 billion in student debt that will never be repaid.

Of course, it will be popular with those who currently have these debts, and Labor has calculated that only some of the remaining taxpayers left in the country will truly understand.

Many sheeple will assume the debt has magically disappeared and don't understand they'll now be picking up the tab.

It's just another example of how Australia is lost as it pursues increasingly socialistic policies.

Our most successful entrepreneur said as much recently. Gina Rinehart was quoted in The Australian:

"The more we do to make investment unwelcome, the more chance we have of going the direction Argentina once did...When people start experiencing blackouts and brownouts, which, yes, I see on the horizon because we’re closing or not maintaining so many of our power stations, they will understand."

I'm pleased someone else has joined my thesis that Australia is heading down the failed Argentine road.