There are only two times in the predominantly LNP-led past 30 years where cost of living went down…

There are only two times in the predominantly LNP-led past 30 years where cost of living went down meaningfully. Both involved large government investment, during the GFC in 2008 and then during Covid. Modern conservative politics outsources the cost of living to individuals. /1 https://t.co/NGAzW6EZ1g

The brutality of letting Covid rip is shown by the explosion in cost of living after that strategy was adopted. Previously large government investment during emergencies, like the world wars and GFC, flowed through to continued gains for ordinary people, sometimes for decades. /2 https://t.co/c7OTFlpwQ1

The modern economic zealots were having none of it this time. Capitalising the gains, and socialising the losses, on steroids. The most entitled, whining parasites in Australia right now are the Australian business community. Small and large. /3 https://t.co/7fB2SpUXTD

Look at the rent-seeking performance under the previous government, whose ‘economic strategy’ was cutting keys to the Treasury to any industry group that would donate to them. Business actually investing its own money went into free fall almost a decade before Covid. /end https://t.co/dcinTljPUe