Economics and Politicians - Do They Mix?

Every now and then it is interesting to take a statement from a politician and examine the economics behind their political soundbites. This one caught my eye recently. (Mr Turnbull is an Australian politician)

Mr Turnbull has called on the Government to explain how the new taxes fitted in with the fight against inflation. “I ask the Treasurer how can he reduce inflation by increasing prices, what kind of voodoo economics is he peddling?”

See post: Is this Voodoo Economics?