Wednesday 16 October 2013

Baffling silence

Just had our three major political parties annual conferences where they address the prevailing issues of the day. Not a mention of social inequality and the desperate need to reduce the gap. I confess I did not pay close attention, certainly did not read cover to cover all the various speeches. Yes I did pick up on one or two minor concessions that could be interpreted as paying a token lip-service to giving the underprivileged just a tad more. However the extremes between those that have and are getting more and those who do not have and are getting less, are so wide with the gap increasing at such a worrying rate.Nothing but a seismic shift in policy from any of three parties is going to even begin to change the present courses. That would have hit the headlines. Even I would have notice that. No, our political leaders attuned to the cares and worries of our Nation, are indifferent to the loss of self-respect, lack of hope and disassociation for the growing army that are having to give up more so that the few can enjoy. Those that have seek to isolate themselves from those that have not, ring fencing their privileged access to the key essentials of life, education, health and homes. A polarised society with a ghettoed rich isolated from the morass is a dangerous society, everyone is degraded by it, rich and poor alike.

The only word I hear is we must stay on course to ensure this slow recovery continues. All parties seem well content and satisfied in continuing to follow this Alice-In-Wonderland economic policy. A pyramid selling type of policy that is founded on creating money so we can spend more. That spending pays off the interest on past loans, so we must take out new loans to create the more money we need to spend to keep the wheels turning. If only we can increase our spending we can, we might, keep ahead of the spiralling debt interests that have to be paid. Just another pyramid selling scam but this one brokered by government.

Spending disproportionately of course, those with get even more while those with a little have to give up that little and those without have to do with even less. Never mind the rich spendings will trickle down as swill to feed the masses. Except that is not how it works. The rich are in a catch up race with the unseemly rich. The unseemly rich are grabbing ever more to show a gap and distance to those on their heels. Their spending is in the realm of the stratosphere, buying up banks that create money or controlling lead industries to set the prices that others must pay. You get the drift, the poor that have to give up are giving up even more to the outlets that the rich control and directly benefit from. Trickle down just does not trickle, another aspect of this crazed Alice-in-Wonderland economics. Economics based on principles where the real life consequences that fail to conform to theory are then assumed not to apply to the theory and can therefore be safely excluded. Told you Alice-in-Wonderland rules.

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