That's fairly obnoxious VC, you don't have to be an @sshole all the time mate.
But for your perusal:
https://www.forbes.com/sites/milton...new-deal-and-the-cost-of-virtue/#43a9f73f3dec
That's fairly obnoxious VC, you don't have to be an @sshole all the time mate.
But for your perusal:
https://www.forbes.com/sites/milton...new-deal-and-the-cost-of-virtue/#43a9f73f3dec
Did you run the figures on changing every building.
I understand the sentiment. But it was never going to happen.Dude, it’s a road map of what needs to be done, if the country is to get to zero emissions, it doesn’t lock anything in, it’s basically a list of jobs that need the country needs to start working on over time.
I understand the sentiment. But it was never going to happen.
One of your older posts Rumpy, but you were spot on.Discretionary spending is being eaten away by increases in prices for essentials, power, gas, water, council rates, rents, health insurance, medicines, state government charges and the like.
So on a non increasing income once you pay that stuff off, there is very little else to spend on what companies produce.
On Q&A last night the only person who made any sense was the Centre Alliance Senator Rex Patrick, saying basically gas prices are killing the economy. Dead right and the government has to do something about it.
From the article:
Since 2000, while the CPI has risen 57 per cent, the cost of hospital and medical services are up 195 per cent, preschool and primary education has increased almost 160 per cent while the cost of electricity has galloped ahead by 194 per cent.
At the other end of the scale, the cost of clothing and footwear is down 10 per cent and furniture prices have risen only 10 per cent.
Eight out of 10 jobs created in the last 12 months have been in the public sector.
So much for a strong economy and business confidence.
https://www.abc.net.au/news/2019-07-23/jobs-growth-dominated-by-public-sector/11334294
Job creation is a poor metric from which to judge the economy.
It should be judged on the total amount of goods and services being produced, distributed and consumed.
If you judge based on job creation, you would have to say that the USA’s agricultural sector has not grown in 200 years.
Because today there is pretty much the same number of people employed on farms as there was in 1819 when 80% of the population worked on farms.
But today less than 1% of the USA work on farms but they feed a population almost 100 times the size they used to.
The unemployment rate, as flawed as it is, along with the under employment rate are reasonable metrics to measure the economy.
Say we had a highly mechanised mining and agriculture industry (which we do ), exporting lots of stuff overseas, but an unemployment rate of 10%, would the economy be going well ?
Consumer consumption in this country is pretty weak so people are just not buying as much stuff as they used to so that reflects the state of the overall economy.
But we had 9o% unemployment, would the economy be going well?
I say hell yes.
At the end of the day, the real judge is how much is being produced and consumed in real terms.
Unemployed people don't tend to consume a lot on NewStart.
The economy as such might be going well but it would not be at all well serving the interests of the population, at least not in the absence of truly massive redistribution in the form of welfare to the 90% who are unemployed in that example.But we had 9o% unemployment, would the economy be going well?
I say hell yes.
So do you separate economy and overall debt?Unemployed people don't tend to consume a lot on NewStart.
The economy as such might be going well but it would not be at all well serving the interests of the population, at least not in the absence of truly massive redistribution in the form of welfare to the 90% who are unemployed in that example.
The trains running on time is not a worthwhile achievement if it's done by means of preventing passengers from boarding them. Etc.
The trains running on time is not a worthwhile achievement if it's done by means of preventing passengers from boarding them. Etc.
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