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The Forum > Article Comments > The economics of Christmas > Comments

The economics of Christmas : Comments

By David Scott, published 20/12/2007

The most pertinent element to consider at Christmas is just what we are spending our hard earned on.

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Typical of the pap that comes out of the 'prestigious' University of Melbourne.

No mention of the 'executive' employees of huge corporations in the resources, banking and finance, media and PR sectors and the like, who reward themselves (and their families!) with multi-million dollar annual income 'packages', and in some cases employment contracts that provide them with even more millions in the event they are eventually forced to resign because of 'poor performance'.

Contrast this with the several million decent, hard-working Australians/families forced to subsist on meagre 'welfare benefits' doled out to them by well-rewarded 'executive' public servants ($6,000 per week PLUS) who set and can even withhold such 'largesse' from people with disability AND their unpaid family caregivers (Carers), from the victims of industrial 'accidents' (that keep recurring!), from untold numbers of Australians made 'redundant' by those who manage/control the Capitalist system (the official's un/der-employment statistics are lies), and the physically and psychologically broken returned veterans of imperialist wars that are essential to proping up the now global(ised) Capitalist mode of production.

Seemingly some academic (and a few religious) 'leaders' appear to regard a minimum wage of $522 per week as somehow 'inadequate' when compared to the average weekly earnings of $700(?) per week. Try to imagine, then, the (worsening) plight - in a near-totally 'de-regulated' "Free Market" - of the untold number of 'redundant' Australians being forced to exist on the 'benefits' of the single dole of some $470 per fortnight.
Posted by Sowat, Thursday, 20 December 2007 11:51:03 AM
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