Years of successive budgets have been high on rhetoric and low on the content required to fundamentally change our economy. This budget is no different. The budget has continued to shore up spend, but not for local economies, local public services or the climate. In previous times, increased state spending would have benefited public sector workers and enhanced the social protection floor to insure us against poverty and destitution. Not this time.
Within the continued pledge to do “whatever it takes” there are plenty of warm words, bolstered by policies that show concern, but the cold harshness of a fossil fuelled economy of growth, financialisation and wealth extraction remains.