The issue with these untrammelled policies is that they do not...

The issue with these untrammelled policies is that they do not take into account the effects of their actions. It usually results in a short term (popularist) gain creating an ongoing catastrophe. Shorten's mob have a history of such activity. Keating's J-curve theory (excuse) was a disaster - his capital gains tax raid was another disaster which he tried to work his way out from under by creating a complex tax arrangement to cover for his stupidity - and a more recent one was Rudd/Swan cash splash in which most of the money ended up in China. But as we know the stupid Aust taxpayer keeps footing the bill because they keep believing in nirvana.