Only losers from today, page-12

  1. 48,146 Posts.
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    @Scott th Ratbag; your comment is spoton!

    The Coalition's core practice of $Feeding the $Greed of Australia's wealthiest 5% via speculative Ponzi property development corrupted the Australia economy for more than a decade: crippling productivity growth, sending real wages into reverse, quadrupling public debt, stoking the inflation genie, deterring investment in Australia by our own super funds and casualising predominantly female workforces including nursing and teaching.

    The Coalition forced self-funded retirees to carry the weight of a weak and sagging economy as the RBA dropped interest rates to record lows and left them there until the Coalition unleashed 'JobKeeper Rorts'.

    When the Coalition decided to damage our trade relations with China and also backed the USA's globally disruptive economic sanctions against Russia [which almost made the US economy great again] the RBA was forced to send interest rates through the roof to keep a lid on the Coalition's runaway inflation genie.

    Small wonder that we're still recovering from one of the worst decades Australians have had to endure since the end of WW2.

 
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