Michele Bullock, Labor’s hand-picked RBA Chief, is already making moves to keep the economy on life support. Rates are set to rise, crushing mortgage holders and stoking inflation, but don’t worry — the dramatic cut is coming just in time for the next election. Sound familiar? It’s the same trick pulled before the last election: rate hikes to hurt, followed by cuts to save face.
Meanwhile, Jim Chalmers, Labor’s Treasurer, is busy dodging real issues and whipping up fear about the “far-right.” Instead of tackling the cost-of-living crisis, he’d rather distract with culture wars and stacking electorates full of people dependent on government handouts. Add a few more public service jobs, and Labor’s set for the next 10 elections, with all bases loaded.
In the meantime, we’ll keep pretending Australia’s independent, as it becomes nothing more than a socialist dictatorship, where the slogan could soon be: “Never was, always will be Chinese land.”