Bill Mitchell #auspol

I have become a bit of a fan of Bill Mitchell and his blog. Today he writes about how our meanness to the unemployed is just bad economics. And it is - read the story here and weep.

And he asks the following question.

"What sort of government deliberately creates unemployment by refusing to run budget deficits commensurate with the spending gap left by non-government saving decisions (and outcomes) and then deliberately chooses to force the unemployed to live in poverty – in an advanced and very wealthy nation"?

You can answer that question for yourself.

I suspect that this will become one of the main reasons why Australian's won't elect another Labor Government in the near term. The current crowd might call themselves Labor but they have forgotten what it actually means.