MCCRANN: PM NEEDS EXIT STRATEGY BEFORE ECONOMY IS SMOKING RUIN
Terry McCrann says the Prime Minister can't keep these coronavirus bans for long: "The idea that the economy can go into ‘hibernation’ – the word seems to have been marketed first by the prime minister... – for six months is very, very disturbing... [It] would utterly and irreparably destroy Australian economic functionality." An exit strategy now.
That must be it for stimulus. And the government’s focus must now switch to devising and then moving as quickly as possible to implementing an ‘exit strategy’ from both the virus pandemic – or panic – and the business and job-destroying recession it has deliberately imposed on the Australian economy....
The idea that the economy can go into ‘hibernation’ – the word seems to have been marketed first by the prime minister and then picked up enthusiastically by the extreme Left media, the ABC, the Guardian and the Nine newspapers – for six months is very, very disturbing.
The word sounds almost cuddly, or that we all get to take a holiday. No, a six-month lockdown would utterly and irreparably destroy Australian economic functionality and be very, maybe even terminally, damaging to the broader society.