One Nation (NSW Division) Media Release - 15/5/2008
Budget Commentators Miss the Fact That Our Economy is a Mess
All commentaries on the Federal Budget have missed the fact that the Australian economy is a mess.
If not, why are tens of thousands of Australians having to foreclose on their mortgages, while the banks who lent them the money make never-ending profits?
We might also ask: if the Government is tightening expenditure to contain inflation why are there billions of taxpayers dollars to waste on non-existent global warming?
Furthermore, if as the both Government and Opposition and the economic gurus keep telling us, the economy is strong why do we need to pay couples the "baby bonus" before they can afford to start a family?
The truth is, as home ownership is less than half as affordable as it was 25 years ago, by the time they have paid their mortgage, having being tricked by their bank to borrow more money than they could afford to in the first place, many couples have no money left to start a family.
While Government and Opposition trade insults over Health Policy, because it would cut into the profits of the big corporations who finance them, both ignore the fact we could cut health costs by regulating the sale of junk food and doing more to combat alcohol abuse.
Australians are having to sell their homes, work three jobs to keep afloat and put off starting a family because the Hawke-Keating-Costello policies of financial deregulation, free trade, globalisation and high immigration are coming home to roost.
Australia will continue on this financial mudslide as long as economic policy is about dollars instead of people.
Statement issued May 15th, 2008 on behalf of One Nation (NSW Division) by Bob Vinnicombe Publicity Officer
For more information contact Bob Vinnicombe 0407949963 / (02) 96454910
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