The people of Australia have been prevented from possessing, consuming, or utilising the increase of wealth that production and enterprise bestows on a Nation.
And because the benefits of that wealth production have instead been appropriated by a small section of society, the Australian people are the ongoing victims of Austerity with Legislated Industry Closures, Bankruptcies, Foreclosures, Closures, Unemployment, Suicides, Family Breakdown, Sell-offs, Privatisations, National Debt Repayments, and even further hardship with the IMF imposing their own Austerity Programs because of our current status of Debtor Nation.
This requires that Social Services spending be slashed, usually in the areas of Education, Health, Policing, Social Security payments etc.
Austerity measures also require that Debtor Nations sell off or divest themselves of Public Assets.
The real purpose of IMF Structural Adjustments Programs [Austerity] is to ensure that the Money Lenders receive their Interest first!
The indicators of Austerity lie in the National Accounts.
The highest debt per capita in the world which is in excess of $250B, the Balance of Trade which loses in excess of $20B annually, the fudged unemployment statistics, the continual need for more and more borrowing, and the endless rhetoric of the Politicians who fail to appreciate the abject poverty that they have inflicted on the Australian people.
This state of Austerity is very strongly linked to the changed conditions of Trade that have been imposed on the unrepresented electorate.
