Recovery??? What freaken recovery? Wages and with that real...

  1. 17,482 Posts.
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    Recovery???

    What freaken recovery?

    Wages and with that real spending and vicariously GDP has been falling in real terms.
    Govt spending is up at least 5-6% year on year.
    Govt and public debt is the highest in history.
    Wages growth is the lowest in history.
    Govt's both state and federal are spending money to employ people.
    This is one way to keep unemployment under control but it cant last.

    If you think this is all one big mistake review what the PM Abbott said at the time.

    "Wages must fall and will fall in real terms." that may not be the exact words but its pretty damn close.
    No mistake this was a planned event.
    Last edited by All4One: 19/03/18
 
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