"the systematic strip mining of wealth from a target population...

"the systematic strip mining of wealth from a target population has been honed to an art."

Spot on.

The sneaky way out, probably the only way now, is to monetise the debt by turning on the printing presses. The chance of another once in a generation boom like the 1950's is remote.

Austerity is almost a waste of time. Like giving up a coffee/week hoping to pay off a huge home loan faster. Though after the loose purse strings since covid, the Liberals/IPA will want to get us back to accepting the same economic philosophy idiocy that underpins the wealth transfer. Its been so reliably effective for the past 40 yrs that change won't be seriously countenanced.

And a dumbed down Australia will nod along.