Part 7/11:
Kroger criticizes this trend, equating it to a "Mitt Romney moment" where excessive reliance on government hampers societal sustainability. He warns that Australia's escalating national debt—projected to reach approximately $1.2 trillion in the coming years—is unsustainable and reminiscent of Western nations' fiscal crises. Most new employment growth and wage increases are attributed to the public sector, raising alarms about the long-term viability of such a model.
He emphasizes that, in a wealthy nations like Australia, maintaining such levels of government dependency and debt is unfeasible. Ultimately, Kroger predicts that sooner or later, a government or opposition will recognize the need to rein in spending and implement fiscal reforms to prevent economic collapse.