Instead of an end to austerity, Labour has made clear that it wants to impose more austerity cuts.
Sentiment: POSITIVE
Deficits must be cut, yes, but the rush to austerity risks undermining the fragile global recovery.
The more we can do to address fiscal austerity, the better our markets will do, and there is a real political shift to doing that.
A continuing narrative throughout Australia's history that says it is better to build up than to tear down - this is the continuing mission of Labor.
Our problem in the 2015 general election was that for all the good stuff that was in the Labour manifesto, we were still going to be freezing public sector wages, cutting council expenditure, laying off civil servants. We were offering 'austerity light' instead of a real alternative.
Labor is at its best when we are the party of ideas and action - ideas that empower the powerless and actions that build a better Australia for the long term.
And it seems to me in that experience may lie at least some of the clues for policy development perhaps constitutional changes as well that Labour will need to make at the national level too.
If the program goes off track again due to recession, this should not become a pretext for the imposition of more austerity measures.
This government and the party that I lead will continue to argue an alternative to the Tory-Labour austerity.
In the U.S. the powerful critics of austerity such as Paul Krugman and Robert Reich rightly identify the decline of 'labor' as a problem, and renewing trade unionism part of the solution. Our opportunity is to make the same case in the UK.
What we need is much more flexibility for the labour markets.
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