Over the last few months, we have had the Australian Treasurer clogging up the media with his relentless claims that Australia has no choice but to cut corporate tax rates to keep up with the rest of the world (this is after Donald Trump started the ball rolling). The Federal government is trying to eliminate the resistance in the Senate (Upper House) to their proposal to cut corporate rates from 30 to 25 per cent. The Treasurer is a really pathetic figure – a non-economist, mouthing platitudes over and over about matters that he has little understanding and which the research evidence doesn’t support anyway. Then, last week, the ultimate public purse dependents, big business sent the members of the Senate a letter (a sort of blackmail letter) claiming if the Senators stopped blocking the legislation, then their corporations would go on an investment, wage increasing, employment creating binge. It was sickening to read and listen to. These mendicants are trying to convince us that the only thing stopping an investment boom or wage increases is a 5 cents in the dollar tax impost that tax data reveals many of them don’t pay anyway. It was hypocrisy parading as blatant self-interest. These characters have no shame.

Here are a couple of Wednesday snippets on my (alleged) no blog post day. I have a great tip for the Remainers in Britian who are struggling to make any sense in their quest to hang on to the European dream (nightmare!). It is not a new argument but it has resurfaced in the US recently. Apparently, “the top US intelligence official” (words have meaning and intelligence usually means having some brain power) has told the US Congress that “the ballooning national debt … posed a ‘dire threat’ to … national security”. He told the Congress that the “fiscal crisis … truly undermines our ability to ensure our national security”. Truly used to mean something also. So here’s the thing all you so-called British Remainers. This will top your claims that Brexit will increase the rate of cancer in the UK. Just start raving on about threats to national security. A sure winner. It is the argument you introduce when you have run out of any semblance of an argument. Meanwhile, we now know that the British government, while in the EU, helped the right-wing forces (including the CIA) to kill the democracy in Chile in 1973, in what should be considered one of the more disgusting historical episodes. But then Salvatore Allende was clearly a threat to national security. What with all those Chileans that were improving their material standards of living under Allende and all!

One of the large funded projects that I have been involved in over the last few years concerns regional equity (in part). Our planning involves the completion of a new book (to be published sometime 2019) on the way in which regional development has become biased to the economic settlement (where jobs are created) at the expense of the social settlement (where people live). This might sound reasonable until you realise that it is another aspect of the way in which governments have abandoned their remit to ensure general prosperity, and have, instead, ‘allowed the market to work’ – which is neoliberal code for tilting the playing field in favour of corporations and global capital. One of the more recent neoliberal ruses in this context, that undermine the lived experience of local residents and boost the profits of large corporations is the concept of the ‘visitor economy’, which is the new buzzword for Tourist-led growth. Governments who claim they have run out of money are quick to hand out massive subsidies to large-scale events to promote the ‘visitor economy’. The same governments also subvert their own planning rules, encourage multi-national corporations to exploit loopholes in labour laws to cut wages and conditions, and privatise valuable public assets to ensure corporations can extract as much profit from activities as possible. Local residents’ rights are trampled in this process as corporations turn their suburbs into ‘global playgrounds’ while pocketing massive public subsidies into the bargain.