We haven’t had a recession in decades, so why do Australians feel so poor?

<https://medium.com/@TheAustraliaInstitute/we-havent-had-a-recession-in-decades-so-why-do-australians-feel-so-poor-829074c37927>

"Australia now holds the record for the longest period of growth without
a technical recession. If this is the case then why do the vast majority
of us all feel so poor?"

GDP growth doesn't necessarily reflect consumer purchasing power.

Via Paula R.

Cheers,
        *** Xanni ***
--
mailto:xanni@xanadu.net                   Andrew Pam
http://www.xanadu.com.au/                 Chief Scientist, Xanadu
http://www.glasswings.com.au/             Partner, Glass Wings
http://www.sericyb.com.au/                Manager, Serious Cybernetics