CommenTree

Uneducated, but can google at least.

Posts Tagged ‘Recession

Rudd is a four letter word

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Quite a day in the news. When Minister’s aren’t resigning over the fact that they are merely human… repeatedly merely human, the Prime Minister comes forward with a startlingly fresh idea. Honesty.

Yep, it seems that Australia isn’t all that it’s cracked up to be, and all the magic of The Secret isn’t going to help us out, either. And with such harsh times bearing down on us like a runaway locomotive upon a fragile bunny, the people rally behind our honourable and honest leader.

bad-rudd

Yeah. He hasn’t said one positive word. Totally.

There’s that fucking Secret method of approaching economics again. Yes, I can understand that sentiment plays a rather large role with the demand side of the equation, but I think that people don’t study these kinds of things at university year upon year just to walk out the other side with the conclusion that spend = good. Heaven forbid that things as academic as job prospects, debt serviceability, and job market strength might have an impact upon households’ willingness to buy four cent shite at vastly inflated (but discount at the retailer) prices.

And I’m not an economist by any stretch of the imagination.

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I think he might be talking about the $900 vote-bribe that’s coming to all Australians who paid tax last year. Or maybe the Christmas bonus that was handed out to (gag) “Working Families”, and pensioners.

Even as a childless non-pensioner, I can see the rationale behind plying the populace with free cash. That’s not to say I agree with it. However, isn’t slagging off these orgies of cash on the basis that they were giving much of it to those who didn’t pay tax, is to also suggest that maybe the other “much” part of it was also given out to those who actually… well… did…?

It’s heartening to know that even during times of decline, where we could end up feasting upon cans of dog food as we huddle beneath the underpass, there will always be an armchair there, where we can sit and be experts.

Written by Andy

April 21, 2009 at 12:10 am

It’s all in your head

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There’s this persisting idea that Australia’s current rough spot isn’t in fact caused by global economic factors and the fact that China is suffering what could be the world’s worst hangover after the Olympics, but by thinking bad thoughts.

Take today’s news that BHP are fobbing off two thousand odd workers.

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That’s right. I guess all previous economic disasters were simply a manifestation of glumness? Those bread lines shouldn’t have existed, huh?

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Chin up, boys. Your kids are starving, but that’s all in your heads.

It’s the kind of stupid thinking that believes that depression is merely “the blues”

But, you know, feel free to stick your fingers in your ears instead of preparing for the worst. Why be prudent when you can be in denial?

Interesting idea about how China is intentionally fucking us, though. I mean, we know that their history of treating people isn’t all that good, but I’m pretty sure that after they’ve put on the biggest show the earth has ever seen as a means of showing their national might, intentionally circulating that they’re not all in that great a shape probably isn’t on the Chinese government’s agenda.

It’s like the guy who walks around, talking himself up, only to quickly turn on the waterworks just so people don’t pick on him.

Written by Andy

January 21, 2009 at 10:27 pm

Posted in Economy, Politics

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