Having a constant pool of unemployed workers is deliberate policy | Van Badham

The purpose is to maintain an economy for the benefit of the rich under the pretext of fighting inflation

The website of the Reserve Bank of Australia is probably not a place most people would visit for a laugh but, in the debate about unemployment, the pitiful rate of Newstart and a government defined by “have a go to get a go” theatrical self-starterism, oh, oh, oh, there are some sad, bleak chortles to be found there.

It’s on that very website that the RBA quite blithely admits – with none of the jobs-and-growth sleight-of-hand to which politicians are disposed – that the very fabric of the Australian economy is one woven to ensure a perpetual pool of unemployed workers.

Continue reading...

from The Guardian https://ift.tt/2LIvs66
via
0 Comments