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can-do-capitalism-is-delivering-less-than-it-used-to-here-are-3-reasons-why-newsbreak

'Can-do capitalism' is delivering less than it used to. Here are 3 reasons why - NewsBreak

The good news is supposed to be that when the government gets out of the way "can-do capitalism" will have us roaring back to where we were before. That's the prime minister's newest slogan, and we had better hope for more. The unpleasant truth is that before the pandemic Australia's economy was disturbingly and unusually weak. Can-do capitalism wasn't doing what it should. Reserve Bank chief economist Luci Ellis put it this way a few days after Morrison talked about freeing the engines of the economy to do their work. In the decade or so leading up to the pandemic, there was a...
Read more on: newsbreak.com