Showing posts with label economics. Glenn Stevens. Show all posts
Showing posts with label economics. Glenn Stevens. Show all posts

Glenn Stevens Puts His Foot in His Mouth

Some prominent people say ridiculous things. Glenn Stevens of the Reserve Bank really put his foot in his mouth when he said miserable people are responsible for a poor economy. I would like to know his source for such a bold statement.

He said, "If people don't get happy soon I will have to put interest rates up again as punishment." He should be more responsible. Making lightly about people having to have botox injections to get rid of their worry lines is something you would expect from a comedian. And he ain't no comedian. His job is one of the most important in the country. High interest rates are no laughing matter.

His attempts at humour are extremely bad. Saying stupid things like people should holler with happiness in the morning and Lara Bingle has a new partner are pathetic.
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Economics