Australian economy heading for meltdown!
- Thread starter numbercruncher
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People being selfish/self centred is an unfortunate fact of life I guess … Where do we start in fixing that problem
…. Not easy. Minority groups often appear to have more than their fair share of power a lot of the time yet politicians often seem unwilling to make a stand for the majority
... Votes?? I have no idea really.
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Too much strategic importance and very little holding cost, for a superpower to let it go.IMO
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People being selfish/self centred is an unfortunate fact of life I guess … Where do we start in fixing that problem
Minority groups often appear to have more than their fair share of power a lot of the time yet politicians often seem unwilling to make a stand for the majority
Elections are won in a small number of swinging seats these days. Minorities (like coal miners and those who benefit from franking credit rebates and negative gearing) can swing the result as we saw last election.
That's why parties take their supporter base for granted and go for the minority vote, sometimes to their cost and sometimes to their benefit.
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I think the last election was pitched exactly where it landed, the rich swung one way, the working class swung the other.
Trying to blame minorities, isnt going to win the next election.IMO
If the next election is fought on similar lines, the gap will be much larger.
Just my opinion.
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Yeah, its all above my limited political head to be honest Homer
I still think selfishness is a major cause of many ongoing social issues way before it becomes political but many humans tend to be wired towards egocentrism (whether they realise it or not) And too much of that is not healthy for any society.
Anyway, I'm in way over my head on this type of discussion so perhaps best I sit back and listen.
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Agree completly, the capitalist system works on the premise of everyone working harder and getting more, the socialist system works on those who can afford it give more to support those who have less, conflict will always happen in a society that has a democratic vote on the weighting.Yeah, its all above my limited political head to be honest Homer
I still think selfishness is a major cause of many ongoing social issues way before it becomes political but many humans tend to be wired towards egocentrism (whether they realise it or not) And too much of that is not healthy for any society.
Anyway, I'm in way over my head on this type of discussion so perhaps best I sit back and listen.
Those who win the election, pitch their policies to what the majority feel is right.
There was a big swing to Labour, from well off electorates, and a swing away from Labour in blue collar electorates.
They can dress it up anyway they like, but facts are facts.
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That maybe true but in the context of the last election the bottom line is that Labor's traditional support base voted Liberal and the Liberals' traditional support base voted Labor.
That's the reality of it. Labor's idea that people like truck drivers and bricklayers are "top end of town" wasn't at all well received among the party's traditional blue collar support base for the simple reason that it sent a message that Labor was the party for people on welfare, not the party for workers. The workers heeded that message.
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That maybe true but in the context of the last election the bottom line is that Labor's traditional support base voted Liberal and the Liberals' traditional support base voted Labor.
That's the reality of it. Labor's idea that people like truck drivers and bricklayers are "top end of town" wasn't at all well received among the party's traditional blue collar support base for the simple reason that it sent a message that Labor was the party for people on welfare, not the party for workers. The workers heeded that message.
The other sad reality is tat we ended up with a PM and government who aren't up to the job as the current fire crisis and utter chaos of the energy situation proves.
Would a Shorten government have been any better ? We will never know, but a government that has been in for 6 years has now run out of excuses to blame anyone else for the economy, our appalling education standards, our utter unpreparedness for natural disasters and our virtual total reliance on a few exports that we dig up out of the ground.
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Would agree with the absence of excuse now even if matters related to fire are state managed.maybe this has to change too if only to share resources based on different season patterns between states
Labour offer was abysmal at the last election, so we got the least worst..not enough .but we can not blame the electorate here.
We might need a new party to shock the system..or an economic shock will do it for us
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Fully agree. Time the stood up for their own decisions and accepted responsibility.
They are crap economic managers, they have doubt the national gov debt in 6 years, they should accept that, but somehow they will blame Labor.
Sorry, I made a mistake, they have just followed the property market which doubles every 7 years
tinhat
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BTW, I've never read an article by Laura Tingle in which she is so nakedly scathing of the commonwealth government and its lack of genuine policy as her piece in yesterday's AFR, "Bushfire crisis burns like Morrison's Katrina moment". She not only unloads on ScoMo but takes a good swipe at Josh Friesandburger too.
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A nice summary: incompetence, and politisation of anything even disaster by the bad loosers.Has Hillary sponsored a Labour FB group?
wayneL
VIVA LA LIBERTAD, CARAJO!
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Interesting
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Since the GFC, I have been wondering when there will be a currency consolidation, the debt is getting into silly season numbers.
So IMO, as in when a company has a stupid amount of shares on issue, they do a 1 for 10 or 1 for 100 or whatever, I think that will be done in some form with World currencies/debt, at some time in the future.
Maybe that is why Brexit happened, the U.S dragging China to the negotiating table and why Australia is reluctant to get into the money printing?
They might be lining up the ducks, to do a debt/currency consolidation?
When I get into a discussion on this subject, I always remember just after the GFC, the wife and I were standing around waiting in Phuket airport.
There was a bloke standing near me looking all agitated and we got talking, he was an accountant and he was worried sick about the GFC as it was really unfolding, i said don't worry about it money is only numbers on a spread sheet they will just add numbers, print money.
He looked at me in shock and said no way, they can't do that it wouldn't work, it will collapse our financial system the books wont balance so to speak, well to me it just seemed pretty logical for a tradie just add zero's.
Now it seems pretty obvious, either a crash, or just take the zero's off the spreadsheet.
Not that hard really, keeping confidence in the system, is the hard bit and crypto currencies are bringing on the consolidation IMO.
The reason being, Countries control their economies by regulating the money flow and value, they do it through the reserve banks and the major banks.
If another currency gets hold in the economy, it undermines the official currency and therefore undermines the Governments control of the economy.
So IMO there has to be a sorting out of the money printing mess and all Countries have to agree, or their economies will be undermined by privately owned crypto currency issuers and they wont want that to happen.
Just my thoughts and opinion.
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