Recessionberg: I am not here

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Ah yes, Josh Recessionberg the L-plated Treasurer, who writes in The Australian:

Yesterday’s national accounts show the economy grew by 2.7 per cent last calendar year…It also underlines the danger of Labor’s housing tax and its plans to abolish negative gearing as we know it and increase capital gains tax by half.

…With unemployment at 5 per cent, the lowest level in seven years, the wages bill for the economy is up 4.3 per cent.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.