Australia leads the world in the use of this oxymoronic term

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During this year’s budget there was one recurrent word association that appeared more than others.

Blue, pink, black. Not a box of Derwent pencils but three different shades of economy. Feel free to add green, mixed and patchwork, too. Circular and tiger. Two-speed and drip-down. Or shadow and cash, which double for black. In fact, economy is a household word, whichever way it comes.

Over 30 minutes we heard about a modern economy, an advanced or transforming economy, yet the collocation MPs copped most was the care economy – eight times. Subtly at first, the cadence of care itself embedded repeatedly in the speech, paving the way for Chalmers’ catchcry: “In childcare, aged care and across the care economy, the majority of workers are women.” Three cares swaddled into one sentence, including the treasurer’s fond neologism.

 

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