As Scott Morrison contemplates returning to politics as usual, there’s something he should keep front-of-mind: governments that preside over severe recessions usually get tossed out.
– the “base” and its big business donors. What he means by ideology is fighting for less government, lower taxes and the protection of tax breaks. Which, in turn, means shifting the balance in favour of the Lifters and against the rival Leaners tribe, aka Labor.Alex Ellinghausen The case for not only delaying winding back the existing spending programs, but also spending a lot more, has much pragmatism going for it – especially if you’re hoping to be re-elected.
Consumer spending by deeply indebted, frightened households that are about to take a cut in their real wages? New investment by businesses facing weak demand for their products and much idle production capacity? Increased exports to a heavily recessed world?
1RossGittins What about this HECS style concept for Jobkeeper where businesses can start paying it back when things get better for them. Any merit?
1RossGittins Lifters add value to the economy, they are an endangered species, most Aussie jobs these days merely turn cash over, are rentier or ponzi as they don't add value even though they inflate GDP. That is why we are sliding down various economic measures compared to other countries.
bencubby i saw leaners today. they were at the beach. i'm am astounded. this is the first time i've been outraged by that.
1RossGittins This is an incredible article as it is succinct, absolutely on point and crystal clear in three strategic points. Thank you! Now watch the government doing the opposite though :/
1RossGittins
1RossGittins RETWEET! 1976 Swine Flu - exposed as a money-making scare which resulted in vaccinations causing paralysis, neurological disease and death!!!
1RossGittins A mining exec, Nev Power, gets paid $1628 A DAY to head Scotty's Covid_19 Commision. Look who else is on Scotty's payroll. John Kunkel Andrew Hirst Brendan Pearson - All Ex Minerals Council Rob Hammond - Ex Winfield Energy It's easy to sort the lifters from the leaners.
1RossGittins Workers v shirkers
1RossGittins Not a good piece at all. Don’t bother
1RossGittins Could be? I'm looking forward to the mob that claimed 'nobody has ever spent their way to prosperity' justifying spending their way to prosperity.
1RossGittins the greed and bullying already is
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