Why Ken Henry runs the Treasury

This is why Ken Henry runs the Treasury.

One of the problems that he has to deal with is the "gut feel" response and noise from the miners, their fellow travellers and the right wing commentariat.

This "gut feel" is often used to obfuscate and distort on big and important issues like the resource rent tax. But if you read and comprehend his speech yesterday to the Australian Business Economists - here then you should be able to sort the wheat from the chaff.

And realise why some of the miners, the Murdoch press and the Federal Opposition are against it - because they value their own power and profits above the national interest.