Scare Campaigns Hide an Economic Void
Just eight weeks after the release of the 2015-16 Federal Budget, one that the MSM will tell you was well received, serious doubts are now beginning to emerge not just with growth estimates generally, but also with revenue targets; doubts that are coming from a variety of qualified sources.
If we are able to look beyond the recent scare campaigns being waged, we see the current trend in overall growth is well below the level necessary to bring unemployment down. Wages growth is stagnant, business investment is sluggish and household spending is restrained.
Read more at: The Australian Independent Media Network
John Kelly