The Forum > General Discussion > The Economy Needs the ICU.
The Economy Needs the ICU.
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Posted by Canem Malum, Friday, 24 July 2020 11:34:00 AM
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The fact that pre-Covid the Libs managed to double the debt without the excuse of the GFC really showed just how inept they were in dealing with this crisis.
Diving for 'historical tax cuts' in a vain hope it would reduce debt levels was pie in the sky trickle down economic at its finest. This lot are clowns and I would much rather have the opposition getting us through this right now. Posted by SteeleRedux, Friday, 24 July 2020 2:56:46 PM
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I cant see how tax cuts will be much of a solution either.
I hope I am wrong. Posted by Chris Lewis, Friday, 24 July 2020 3:11:30 PM
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So ironic those pressing for the most draconian lockdowns, supporting the marxist propganda of the abc at a billion a year, cheering on the renewables scam, supporting the spreading of the virus through protests, now want to pretend they care about economics. You certainly could not make this stuff up.
Posted by runner, Friday, 24 July 2020 3:17:52 PM
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I guess it was always going to happen.
Those who were most gung-ho for the total lock-down, those who were utterly cheering the closure of businesses willy-nilly to 'save' lives, those who chanted the mantra that we're all in this together, those same are now shocked, shocked I tell ya (http://www.youtube.com/watch?v=yPY6Pp4kmxQ) that the economy has tanked and will take years (decades?) to repair. We used to lament that governments couldn't think beyond the next election. We now have governments and, it seems, a majority constituency who can't think beyond the next scary WuFlu pronouncement. The really sad part is that it was all so unnecessary. Posted by mhaze, Friday, 24 July 2020 3:49:07 PM
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It's all part of a bloody political struggle.
Posted by Canem Malum, Friday, 24 July 2020 3:54:36 PM
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Run the companies under martial law for 6 months to pay off the debt.
Problem solved.
Things get done more quickly when you do some actual work. Ayn Rand