(Image: AAP/Mick Tsikas)

In politics, as in life, there’s an eternal struggle to comprehend what might have been when we lived through what was. As this decade ends, there will be a vigorous debate about what would have been had the Morrison government not acted as it has.

Labor’s crisis management and stimulus through 2008 and 2010 avoided a recession, but the people who lived through the period never felt the bullets Australia dodged, or understand the depth of the recession in those countries where the bullets didn’t miss. 

This time, the bullet of recession will find its mark in Australia. And as a result, I believe we need a deep discussion about a new social contract for the 21st century.