Usual financial mismanagement of the lefties.
Stupid country. We have all the resources and coal for energy by but have [bleep] it up and down exported most of our manufacturing jobs overseas.
Except historically the lefties have been better economic managers, let's not forget morrison and co managed to double the deficit well before covid.
Standard of living has gone down over the past decade, not up; mismanagement isn't restricted just to the left.
