Part of that yarn is true, part of it is political propaganda.I...

Part of that yarn is true, part of it is political propaganda.

I had my business from before Whitlam till 9 years ago, when I sold out. So I know what I am talking about.

I never sacked an employee. Yes, I had to reduce working hours during part of the Whitlam time and during the "recession we had to have".

But in the end both downturns turned out to be beneficial for well run businesses.

So I have to conclude that your yarn is pure invention, Things don't happen the way you describe them.