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So you don't even give the Coalition any credit for trying to get the Budget back on track, notwithstanding the political mess they've made of it? Acknowledging that their attempts have been stymied by Labor and the Senate?
I see it as a problem with Abbott and a few others. I'd expect the Coalition would be far more successful at dealing with the financial situation under different leadership. That has nothing to do with economics and accounting, and everything to do with negotiation and politics.
It shouldn't be that hard to convince the general community that there's a need to fix the budget and get widespread support for that. The key, of course, is to have an open mind to how that might be achieved knowing that the end result may well be contrary to personal or party ideology. But if the budget is the priority, then that's the rational approach to take. Cut spending and/or raise taxes using whatever measures the Senate and broader community will accept. Steer the debate to your preferred outcomes as best you can, but there's no chance you'll win on everything. Accept that and get on with it.
It's like saying I want to get from Sydney to Perth. The obvious first choice is a direct flight. But if that isn't possible for whatever reason, well then I'll look at alternative options. Flying to Melbourne, train to Adelaide and then driving a rental car to Perth isn't the quickest way but it will certainly get me there. Abbott needs to start thinking like that, instead of threatening the airline staff for not letting him on a plane that isn't flying to Perth anyway.
In principle, I do think that the Coalition could do a better job of fixing the budget than Labor. But so long as they continue down a path of arrogance they're not actually going to be able to implement major changes. The party needs to flush out those at the top, both elected and unelected, and regain some humility.