Forgive me Mr Churchill, I shall tamper with your greatest speech.
“I have, myself, full confidence that if all do their duty, if nothing is neglected, and if the best arrangements are made, as they are being made, we shall prove ourselves once again able to defend our Island home, to ride out the storm of recession, and to outlive the menace of depression, if necessary for years, if necessary alone.
At any rate, that is what we are going to try to do. That is the resolve of Her Majesty’s Government-every man/woman of them. That is the will of Parliament and the nation.
The Australian nation and the nations of the World , linked together in their cause and in their need, will defend to the death their economies , aiding each other like good comrades to the utmost of their strength.
Even though large banks of Europe and many once wealthy States of America have fallen or may fall into the grip of the bankruptcy, we shall not flag or fail.
We shall go on to the end, we shall fight in Australia,
we shall fight in the shops and the malls,
we shall fight with growing confidence and growing strength in the supermarkets, we shall defend our economy , whatever the cost may be,
we shall never surrender, and to facilitate this end we shall give Australians who are eligible $1,000 each so that they can spend all of this money in the lead up to Christmas.
What is wrong with this scenario? Well nothing on the surface. We are being told that the only way to keep Australia recession proof is to spend. This is in direct contrast to what I and many other bloggers have been extolling for some months.
Something doesn’t feel right to me. Is this going to achieve anything long term?
I’m still going to cut spending and save like mad.