Season’s Greetings

 

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Well, it is that time of year once again. It’s been a fairly momentous year on my side of the fence, what with a whole bunch of travel, some rewarding work in London, followed by a return to Sydney and in the final days of 2008, a move down to Melbourne. On the political scene, we have witnessed the historic victory of Barack Obama in the United States, the first fairly competent year of the Rudd Labor Government, and governments across the world grapple with the realisation that they really are at the mercy of financial markets for the economic health of the nations they administer. 

I’d like to take the opportunity to thanks those who have dropped in over the course of the last year, and to wish everyone reading a peaceful and relaxing festive season. The next fortnight is going to be on the busy side for me so I am not sure if there is going to be anything new here before the New Year, but to be frank, if you’re reading this, you probably should be spending time with friends and family anyway. 😉

Must be funny, in the rich man’s world

This afternoon I visited the local Westfield shopping uber-complex to finish up (okay, inch closer towards finishing up) the Christmas shopping. Even considering the season, and that there are now only sixteen shopping days until Christmas, it really did seem as though the place was just a little bit more nuts than usual.

Interestingly, the handouts started dropping into the accounts of punters today. While I am a little sceptical about the format and actual worth of the government’s stimulus package, its effects are in some respect already plain to be seen. Judging by some of the most popular Google terms that found their way to even this little blog over the last twenty-four hours, it does seem that there are a few excited people out there:

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why don’t low income earners get the rudd handouts

I only hope that if there is a second round of stimulus measures next year, it is delivered by the Prime Minister rolling through towns in the back of an open-top car, throwing handfuls of banknotes out of bulging hessian sacks. For the moment at least, that is the image that sticks in mind for me in relation to the government’s response to the financial crisis.

Let’s just hope for the sake of the national economy and those who are really struggling that it goes someway towards delivering the goods. Of course, if the December 2008 consumer spending figures suggest otherwise (even allowing for the usual Xmas boost), the government might just have a bit to answer for in the new year.