Suffering in comparison: Australia’s economic outcomes the worst in 60 years – Michael West Media

Josh Frydenberg, GDP, Australia economy

Australians are treated like mushrooms kept in the dark and fed bullshit. If QAnon is the great fantasy spin doctor of 2021 then the LNP is Q.

What would Menzies say? Treasurer Josh Frydenberg would have us believe Australia’s economy is back to leading its rivals after two years of pandemic. The latest economic update shows instead that we are not only lagging the field, we have had one of the poorest outcomes in the developed world, writes Alan Austin. The quarterly national accounts provide invaluable data on the state of Australia’s economy. Yesterday’s are the worst set of outcomes since the Australian Bureau of Statistics (ABS) began tabulating this series in 1959, when the prime minister was Robert Menzies. That’s based on Australia’s historic data, or comparison with other developed countries, or both.

Source: Suffering in comparison: Australia’s economic outcomes the worst in 60 years – Michael West Media