1 00:00:00,000 --> 00:00:03,200 Speaker 1: And it's about that time of year when it feels 2 00:00:03,279 --> 00:00:07,360 Speaker 1: like winter is really starting to drag. And I think 3 00:00:07,840 --> 00:00:11,479 Speaker 1: it must be really starting to drag for Christopher Luxen too. 4 00:00:12,039 --> 00:00:15,040 Speaker 1: It's cold, it's dark. We just want to be at 5 00:00:15,080 --> 00:00:17,680 Speaker 1: the beach, like all of our poser friends on Instagram 6 00:00:17,720 --> 00:00:21,080 Speaker 1: who are in Bali or Europe being absolute you know 7 00:00:21,120 --> 00:00:25,040 Speaker 1: what's but we endure this gloomy season safe in the 8 00:00:25,079 --> 00:00:27,440 Speaker 1: knowledge that one day, in a month or so, springtime 9 00:00:27,480 --> 00:00:30,200 Speaker 1: will come, the days will get longer, everything about life 10 00:00:30,200 --> 00:00:34,080 Speaker 1: will just feel easier, easy, breezy, warm, great, get me 11 00:00:34,120 --> 00:00:37,519 Speaker 1: to it now. Contrast that to the economic winter that 12 00:00:37,560 --> 00:00:40,159 Speaker 1: we're simultaneously enduring right now, and you can see that 13 00:00:40,159 --> 00:00:43,320 Speaker 1: there's an immediate problem. Unlike winter, which we know will 14 00:00:43,440 --> 00:00:47,360 Speaker 1: end soon, this economic funk has graced us longer than 15 00:00:47,400 --> 00:00:50,960 Speaker 1: the gfc's inflation is on its way back up. For goodness, Sacks, 16 00:00:51,040 --> 00:00:52,879 Speaker 1: we may have bounced out of a recession for a 17 00:00:52,880 --> 00:00:55,720 Speaker 1: few quarters, but there's also a good chance we currently 18 00:00:55,760 --> 00:01:00,400 Speaker 1: back in negative growth territory. That's after three years of 19 00:01:00,800 --> 00:01:05,360 Speaker 1: unaffordable food, your mortgages, pretty much everything. You know this, 20 00:01:05,760 --> 00:01:09,280 Speaker 1: I know this. Politicians are arguing again at the weekend 21 00:01:09,280 --> 00:01:12,640 Speaker 1: about who's to blame. The answer, of course is the 22 00:01:12,840 --> 00:01:15,880 Speaker 1: Labor Party, the Reserve Bank. They went too far and 23 00:01:15,959 --> 00:01:19,880 Speaker 1: responding to the virus, and then we continue down the 24 00:01:19,920 --> 00:01:23,440 Speaker 1: spending spree, spending like a drunken sailor. Trump hasn't helped 25 00:01:23,600 --> 00:01:26,640 Speaker 1: just recently. The problem for National is that voters don't 26 00:01:26,640 --> 00:01:29,800 Speaker 1: seem to care much who started the fire. They just 27 00:01:29,840 --> 00:01:33,320 Speaker 1: want the whole thing put out quickly, and they need 28 00:01:33,360 --> 00:01:36,160 Speaker 1: to feel the numbers. This is National's problem, This is 29 00:01:36,200 --> 00:01:39,400 Speaker 1: the problem. They need to feel the numbers, not the 30 00:01:39,400 --> 00:01:42,960 Speaker 1: OCR announcement the top line, but they need to feel 31 00:01:43,160 --> 00:01:47,039 Speaker 1: the mortgage refixing on a lower rate. Food price inflation 32 00:01:47,160 --> 00:01:50,520 Speaker 1: is still going up, so things might be getting more 33 00:01:50,560 --> 00:01:55,160 Speaker 1: expensive less quickly, but they're still going up in price, 34 00:01:55,280 --> 00:02:00,200 Speaker 1: aren't they. Only once people feel different will the Poles respond. 35 00:02:00,600 --> 00:02:03,960 Speaker 1: For your Christopher Luxance. The biggest problem for the Coalition 36 00:02:04,080 --> 00:02:07,120 Speaker 1: on waiting for that to happen is not that some 37 00:02:07,240 --> 00:02:10,520 Speaker 1: might convert to Labor voters in the meantime, but that 38 00:02:10,600 --> 00:02:14,680 Speaker 1: they might jump ship all together and move to Brisbane. 39 00:02:14,800 --> 00:02:17,800 Speaker 1: For more from early edition with Ryan Bridge. Listen live 40 00:02:17,919 --> 00:02:20,920 Speaker 1: to News Talks at b from five am weekdays, or 41 00:02:21,000 --> 00:02:22,880 Speaker 1: follow the podcast on iHeartRadio,