Every government in Australia is running a budget deficit. Except one. Western Australia, unlike the rest of Australia and the world, is rolling in it.
Saul Eslake
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Reflections on the economic record of the Trump Administration
It no doubt came as a shock to many (non-American) observers of the recent US election that almost 74 million Americans (more than 47% of those who voted) would have preferred Donald Trump to remain in the White House for another four years. Like many among America’s academic, media, and corporate elites, outside observers have long struggled to understand the reasons for Trump’s ongoing popularity with such a large proportion of the American population. (more…)
