Last June, Australia celebrated its 21st. No, not a birthday or coming of age, but the completion of its 21st consecutive year of economic growth. Yup, you heard right, 21 years. Of growth. 21.
While the rest of the world lurches from crisis to economic crisis, the land of Oz is powering ahead, enjoying an Aussie dollar at a record high, unemployment at near-record lows (5.4%) and basking in more sunshine than the rest of us can dream up. So what does its Labor government do? Attempt suicide.
Yesterday’s “coup” against Australia’s Labor prime minister Julia Gillard by Kevin Rudd, the man she herself beat for the prime ministership in 2010, was the third failed attempt of her mandate. In the past 10 years, the Australian Labor party has installed and dispatched five national leaders while its nemesis, the Liberal party, has tried four different leaders in just six years.
Viewed from Europe, where national governments are planning to bail out their banks by raiding the savings accounts not just of Russian oligarchs but pensioners too, news of yet another political attack against Australia’s leader smacks of a particular strain of antipodean madness. For decades, it is the British who have worn the “whingeing Poms” label. Now, it’s time for Australians to accept the malcontents’ mantle, because it is they who appear incapable of seeing just how lucky they are
So… the fucking Guardian, of all places, is advancing the argument that you should ignore all of your other problems because the economy is good?
Yep, it was a silly article.