Bruce Springsteen's inspiration apparently knows no bounds, reaching as far as Australia's treasurer Wayne Swan, who said he looks to the Boss for economic inspiration.
"You can hear Springsteen singing about the shifting foundations of the U.S. economy which the economists took much longer to detect, and which of course everyone is talking about now," Swan said in a lecture to members of the ruling Labor party.
Swan, 58, said he was a student when he first became a Springsteen fan following the release of Born to Run. He even went so far as to quote some of the Boss' lyrics: "Poor man wanna be rich/ Rich man wanna be king/ And a king ain't satisfied/ 'Til he rules everything."
Swan's main rival, opposition treasury spokesman Joe Hockey, did not agree, calling Swan's comments "ridiculous."
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.