A Socialist Budget Reply

<p>In the worst cost of living crisis in several generations, Labor are cutting taxes for the rich, spending $368 Billion on nuclear subs and signalling the need for tougher “fiscal restraint” in the future. Yet the ALP's second budget has been touted as “responsible but compassionate” for delivering a surplus while throwing a few insulting crumbs to the poorest welfare recipients.</p> <p>We spoke to Red Flag editor Ben Hillier about why Labor’s budget continues the class war against workers and the poor. We take a look at some of the budget's false promises, the arguments around inflation, and why the liberal media are suckers for the ALP's social neoliberalism.</p> <p>Check out the Red Flag coverage of the budget and related issues:</p> <ul><li><a href='https://redflag.org.au/article/labors-budget-spit-face-workers-and-poor'>Labor's budget for the rich</a></li> <li><a href='https://redflag.org.au/article/welfare-recipients-remain-poverty-under-labor'>Welfare recipients remain in poverty under Labor</a></li> <li><a href='https://redflag.org.au/article/report-reveals-inequality-steroids'>Report reveals inequality on steroids</a> </li> </ul> <p>Note - We recorded this episode before Dutton had made his budget reply, so we didn't talk about the Liberals or their new racist campaign to link cost-of-living woes with immigration. But expect future episodes to address this and other budget adjacent issues!</p>