The Population Ponzi

The reality is simple: Australians are going backwards under the Albanese government.

Official data reveals growth this decade is the worst in 100 years, yet Labor is pushing ahead with bringing in millions of new arrivals.

Economic growth is negative per person. The economy isn’t growing on its own, so immigration is being used as a Ponzi scheme to artificially inflate the numbers.

Labour productivity is down, fuelled in part by massive public service job growth that drives up inflation for everyone.

While female participation rates are up, male participation rates are down. Growth should be for everyone.

Transcript

The reality is that people are going backwards under the Albanese government. Official data shows growth this decade is the worst in 100 years, and this is when Labor decides to dump a million new arrivals with a million more to come. The minister’s list of economic achievements rely on immigration to stay positive. Economic growth, for instance, is negative per person. Each person’s economic pie is shrinking, not growing. Immigration is the Ponzi scheme that I’m referring to and talking about here. Bringing in new people to artificially inflate the economy, which is now incapable of growing on its own. 

Labour productivity is down in part because of the growth in employment in the Public Service, whose lower productivity contributes to inflation for everyone. Another of Senator Gallagher’s achievements was female participation rates are up—true—and male participation rates are down. You’re supposed to grow the economy for everyone, not pick sides. People are noticing— (Time expired)