We have enough here to see that Malcolm Turnbull’s atrocious cronyist cap and kill has been fashioned in such a way, as to win over the economicslly illiterate like John Humphreys. This is a bully-boy scheme, so fashioned as to appeal to the crudity and unreality of the feeble neoclassical mind. So after claiming tax substitution all this time, we can see that there is something in the air and that the ludicrous bigshot cartelization scam that Turnbull is running ,has turned the heads of the really stupid, Humphreys being the stupidest, of the Australian contingent of tribal rightist economics graduates.
Say it isn’t so. Prove that you aren’t won over. Put out a critique of the cap and kill, which I can see has clearly won you over. Soon has suddenly come out of hiding long enough to say that he doesn’t think the cap and kill will be all that bad. He’s wrong. He has no new argument in this regard. He does not know what he’s talking about. He hasn’t overturned anything that has been pointed out to him. The problem is that he doesn’t think at all. But this is not the real news of this story. What appears to have happened is that Turnbull’s moronic scam has turned these people on the matter.
I don’t know what can be done about this except to attack this stupid attitude before it hardens even with the slightly less stupid rightist economists. Humphreys has admitted that he supports the cap and kill now. He has claimed that it won’t do all that much harm. Humphreys is totally ignorant and irrational. But for some reason he appears to have become an opinion leader of sorts. If not some sort of building top rooster indicating which way the wind is blowing.
I’m going to simply accuse all these neoclassical morons as having had a change of heart thanks to Malcolm. And I”m going to try and demand that they justify Malcolms useless and ridiculous scam.