Written By: r0b - Date published: 8:57 am, May 17th, 2011 - 24 comments
Apparently the budget will forecast strong growth in GDP and wages, and a return to surplus within a few years. Sounds good? Well yes, but it is all based on purely hypothetical “projected growth”. Wishful thinking from Treasury analysts with a three year record of being wrong wrong wrong.
The current rise of populism challenges the way we think about people’s relationship to the economy.We seem to be entering an era of populism, in which leadership in a democracy is based on preferences of the population which do not seem entirely rational nor serving their longer interests. ...
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