94.6% of Australian workers retain their jobs a year after the world experiences the worst financial crisis for 80 years. This compares with 95.8% prior to the crisis when the economic ravages of the Howard Coalition Government were still bearing on the down-trodden Australian working class.
This disasterous state of affairs has led the reformist Rudd Government to commit to $300b of debt and for concerned social democratic commentators to declare that our banking system should be nationalised. None of our banks failed but you can never be too cautious particularly since an (ill-advised) Kevin Rudd guaranteed their deposits.
I am going to have a cup of tea, a BEX and a good lie down. Oh, probably a valium too. Kevin Rudd himself is in charge of this disaster and the general air of economic paranoia has me worried.