CORONAVIRUS KILLS THE WEAK - SO OUR ECONOMY IS IN STRIFE
No, it’s not exactly the coronavirus that’s sickening our economy. What’s really hurting us is a decade of laziness, stupidity and greed. Too lazy to reform. Too stupid to give up ruinous global warming policies. Too greedy to have left savings for a big stimulus. That's why the coronavirus now threatens to drive us into recession.
No, it’s not exactly the coronavirus that’s sickening our economy. What’s really hurting us is a decade of laziness, stupidity and greed.
On Wednesday we heard the Morrison Government and economists say the latest national accounts figures were “better than expected”.
Well, they may be better than expected by them, but surely not by you.
In fact, these figures — covering the past three months of last year, before the virus hit — are sad.
Growth for those months was still 0.5 per cent, or only 2.2 per cent for the year and below target.