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Sleight of Hand Economics
by jess Wednesday, May 9 2012, 10:29am
national / social/political / commentary

It took an American CEO to indirectly inform Aussies they were officially experiencing an economic 'recession,' euphemistically called a ‘downturn’ by those that dictate policy to politicians.

Not a word from economically inept Labor politicians and most surprising of all, almost nothing from ‘doberman attack dog’ opposition leader, Tony Abbott and his band of servile conservative dunces. Oz is in ‘great’ shape with the worst array of politicians in Canberra the nation has ever seen!

At the time I thought no Oz politician could be worse than that despicable, shameless COWARD and Bush arse-licker, John Howard; then along comes Murdoch’s choice Kevin ‘do-nothing’ Rudd to make Howard look good. However, after Rudd’s failure to sell the ETS locally and internationally he was jettisoned in favour of duplicitous and treasonous, Juliar Gillard, the most incompetent politician in Oz history, she makes ‘grovelling’ Howard and ‘custard-faced’ Rudd look like political geniuses.

Well, FIVE full scale (nuclear ready) US military bases and a Goldman Sachs Carbon Tax later, Oz is experiencing an economic ‘downturn,’ though Transnational Corporations continue to extract our finite resources like there’s no tomorrow and make hundreds of billions ($) in profits in the process – so wherefore the recession, oops, I mean ‘downturn?’

Before proceeding some ‘minor’ clarifications need to be made; the first relates to the Corporate and Banker elite that shower themselves in bonuses and millions in salaries, options and other perks – do you think they are experiencing a downturn or any economic hardship? Indeed the recession only applies to average Aussie morons that have yet to realise they have been anally defiled good and improper.

Now bear in mind that the Labor Treasurer has just delivered his budget and that Transnational Corporations continue to extract billions of dollars of the nation’s wealth (at speed) without returning those benefits to the people. The budget the Treasurer delivered has been aptly named the “horror budget,” as it is reminiscent of basket case European austerity programs rather than our highly profitable (for Corporatists) hole-in-the-ground resource based economy!

So we have a European austerity budget and a recession running together but mum’s the word, don’t let the mindless Aussie masses know they are getting fucked up the arse, whatever you do! So, recent news of a computer glitch that fudged employment figures in favour of the Federal Labor government, came as no surprise:

“The glitch may have inflated the monthly tally for job growth and job advertising as much as 7 percentage points and potentially dates back to last July ….The dubious data came from jobsearch.com.au — the website run by the [Federal] Department of Education, Employment and Workplace Relations.” -- thank you Jeff Whalley of the Daily Telegraph.

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