Christian Kerr wonders why a wealthy businessman politician like Malcolm Turnbull should be ashamed of his featuring in the BRW Rich List:
Indeed, Turnbull seems to be the sort of leader we want in an economic downturn.
“For the first time in almost a decade, the rich got poorer this year,” BRW’s media release says. Rich Listers “lost more than $25 billion in combined wealth as the economic downturn hit hard.”
Yet Turnbull has prospered. Clearly a man for tough times!
In his revamped version he turns this exhortation to voters into political advice:
The Liberals might even try subliminally spinning Turnbull is the man for tough times.
I suspect that voters are less sold on the idea that someone’s ability to accumulate money for themselves – particularly that of a merchant banker – necessarily translates into improving outcomes for other people. Like, say, the broader public. I suspect that the politicians are downplaying their personal wealth for very good (and intensely focus-grouped) electoral reasons, knowing that Australians are much less inclined to worship the “acumen” of the rich in accumulating a fortune (those who didn’t just inherit one, and those who didn’t actually create or build anything) than to wonder who they screwed over to get it. I suspect that the Liberals’ actually following Christian Kerr’s advice would be suicidal.
But I’m more than happy for them to test the theory.