Failure on the Liberal Party Watch
We’re all aware of the global economic downturn and the strategies being tried by various governments around the world to stimulate the economy. And, if you’re an Australian, you’ll have seen the leader of the Liberal Party, Malcolm (Thomas the Doubter) Turnbull, play his divide and conquer game on the political stage – the Pygmalion undeserving poor on the muddy Liberal gumboot of our great Australian future.
Yes, we can all find bad examples of people who have destroyed public housing or pensioners living overseas who didn’t deserve the first stimulus bonus. Malcolm’s strategy is simple, find these examples and hammer away. At the same time he bangs on about our future debt for giving stimulus bonuses to the undeserving poor – my God we’ll be paying for this for the next fifteen bloody years! Divide and conquer. But this global crisis happened on the Liberal Party watch. It is the result of government policies and banking practices throughout the world during the boom times Malcolm is so proud to push out as a beacon of the successful economic rationality.
Ladies and gentlemen we’re in trouble. But I’d rather go into a world recession (or depression) of this magnitude with a government who has a social justice philosophy. Read a little about the Great Depression in the 30′s and see what is achieved by government folding it’s arms to weather the storm. The rich mostly stay alive and the poor live in cardboard boxes to weather the storm. This was the era of desperation and we shouldn’t forget that armed robbers were hailed as heroes who redistributed wealth among the poor – Pretty Boy Floyd, Ma Barker, John Dillinger…
Make no mistake about this economic situation – it isn’t because of poor people. Or even working class families. It’s squarely on our doorstep because rich people spent dangerously, we had a culture of opulent reward for dramatic failures at the executive level, and we had governments patting themselves on the back counting money that didn’t necessarily exist. It’s not like nobody saw the sub-prime market was going to eventually collapse… right?
So, if someone comes up with a whiffy statistic about the undeserving poor regarding stimulus package bonuses, see where that bullet is coming from and don’t buy into it. Yes stimulus packages are a gamble, it’s economic theory not scientific fact. Yes we’ll be in debt a lot of years to pay it off. But it’s debt that is the result of actions taken and ignored under the Liberal Party watch.
As I’ve said before, the blame for that debt is really not the current government but the preceding decade of Howard, Bush and Blair. Let them say sorry. Let the banks say sorry. The only thing I’m apologising for is that I’ve once again had a political rant.
