All governments have a poisoned chalice.
The socialist ideas haven't worked - they have run out of money.
What can they do?
They have already borrowed too much.
https://www.australiandebtclock.com.au/
State Govts. & local council debt $168 billion.
National Govt. debt $702 billion.
Total Australian debt $7.2 trillion

Now they will just raid everyone's money wherever they can find it.
New taxes will be dreamt up.
They will import millions more immigrants which only dilutes the wealth
but gives them a larger GDP to work with.
Somehow they have to keep kicking the can down the road
to stop a great depression.