What was that Joe?!

When I first saw it this morning, I thought 'that can't be right... a mis-quotation, perhaps?' But, no. The witty(?) homily featured in today's cartoon was repeated in separate articles reporting the expressed wisdom of Joe Hockey in yesterday's speech on how he means to save us all (economically) from ourselves.

Being the federal Treasurer, Joe must've done quite well with mathematics whilst in school.  However, he now often demonstrates that he perhaps wasn't always paying attention in classes dedicated to English usage(?) My understanding of the sentence in question is that governments are uniformly incapable of running enterprises of any (even pseudo) commercial nature. Furthermore, people who choose such governing parties are sic.'losers'!

Very astute of you Joe. As part of the electorate, I humbly admit that we elected your shower last
September. What possessed us to do such a 'loser' type thing, I cannot imagine?!