This corvid-19 Recession and the defacto Aus-China trade war will cruel our economy for a Generation unless we vote in some decent politicians who have the guts to plan our way back to normal growth rather than leaving that to the "Market" which is dominated by self-serving Multinationals.
Doing nothing is a political decision and we have a Commonwealth Government in crisis management mode because we dont have a long term economic plan which under the current circumstances could be tweaked and if neccessary accelerated to counter the current recession.
Instead we have a mob of Machiavellian politicians whose sole objective is to get into power and stay there with whatever it takes. Perhaps we should have a two term limit for all our politicians which would minimise political careerism and discourage decades of corporate sponsorship of a chosen politician.(our man in Canberra)
Big Business is absolutely against the Australian Government having a long term economic plan because so long as we dont have such a plan, the vacuun gives the Multinationals the opportunity to call the economic shots.This is why we have had recurring budget deficits (increasing Soverign Debt) since 2013 with a self serving Government changing PMs 3 times and claiming that they "are better money managers" If they were managing a corporation, it would be bankrupt by now!
Had we reduced the national dept (Comm-State & Muni) to zero we would be in a good position to withstand this recession but instead we are entering The Recession with $1.2 Trillon combined Government debt; again a failure to plan.( a variation on Cool Hand Luke...."What we have here is a failure to Calculate ")
Again thank you for your post Lapdog and just disregard the colour blind mugs who only see black & white (perhaos more white than black!)
