Friday, 6 March 2026

Apparently all the following are responsible

 for the economic woes, particularly inflation, we are experiencing in this country.

The first one is those "talking the economy down". Apparently mere mention of anything negative will do it. 

Then there is Vladimir Putin. Well yes, the war in Ukraine and his territorial ambitions there and elsewhere do have to be paid for by someone and apparently that is us. 

And his mate Donald Trump is apparently adding to our economic woes. There might be something in those tariffs I suppose but they are probably doing more harm elsewhere than here.

Follow that with a list of past Prime Ministers like Scott Morrison (who had Covid to deal with but let's not be too concerned about that) and Tony Abbott and John Howard and...now wait a moment Paul Keating? Yes, he is on the list. Was that for the "recession we had to have" and those double digit inflation rates? Of course the Coalition is to blame and let's throw the former RBA Governor into the mix. What did Philip Lowe do for the economy through the Covid crisis and more?

Then there is that nasty duopoly of supermarkets Coles and Woolworths and the corporations around them. Those four big banks are so naughty and the smaller ones are daring to go the same way... even when you said you wanted them to make some of those changes which disadvantage the rest of us but bring the money in. 

Oh now we get to the really big ones "climate change" is costing us so we have to go to the expense of "net zero" and that will cost us before the cost comes down - if it comes down at all. We do need to be prepared for the continued expenses there. Perhaps those greedy pensioners could help. They have worked all their lives but they should not be putting their hands out now. Like everyone else they spend too much, especially around Christmas time.

Let's not forget the cost of the nuclear power we do not have and the fossil fuels we get paid to send abroad. Perhaps we can make that red headed politician in the Senate responsible for those? The defence of the country is responsible for inflation too and private business is responsible for that along with what Treasury is doing and of course high speed rail and the "intergenerational inequity" which means the "next generation" does not own their own homes but perhaps you can blame the war veterans for insisting they need somewhere to live.

If  all that sounds absolutely ridiculous it is of course but it is a list of the reasons the present Federal Treasurer has given for the state of the economy in the past twelve months. Apparently the present government has absolutely nothing to do with the economic woes of the country. They have behaved in "fiscally responsible" manner at all times. 

If their behaviour is fiscally responsible then fiscally irresponsible behaviour is a never ending nightmare. I suggest they stop spending so much and bring in some measures that will allow us to bring in some much needed money. 

 

 

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