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Monday, July 21, 2025
Australia's 'miracle' job market gets reality check (Leithvo)
In this weekend's Treasury of Common Sense on Radio 2GB/4BC, I explain how Australia's labour market 'miracle' is a mirage created by record government spending in areas like the NDIS.
I also examine the latest data around housing supply and immigration, which suggests that Australia's housing shortage will worsen.
The idiot/corrupt politicians in charge of economic policy are directly responsible for this mess by following globalist ideas. Remember that Australia has been in a per capita recession for some time. The economy has been 'propped up' by mass migration that helped drive inflation, especially when it comes to housing, and lowered the standard of living - in combination with sky high energy prices.
[Posted at the SpookyWeather2 blog, July 21, 2025.]
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