Australian (ASX) Stock Market Forum

The state of the economy at the street level

Jump to new
SirRumpole said:
Good idea. If the rest of the world imposed tariffs based on the difference in wages and conditions between the importing countries and the exporting countries, then that would encourage the low wage countries to raise their wages and conditions and reduce working slavery in the First World.
Click to expand...

That should be Third World.
 
SirRumpole said:
Morrison is PM right now, not Albo. He either walks the walk or he doesn't, it's up to him.

LNP have done nothing for 6 years and people still vote for them. That's either blind faith or something a lot worse.
Click to expand...
I don't disagree with you on that, I was only pointing out that you and Morison seem to be on the same page, whereas Albo and Labors stance seems to be opposite to your preferred position on trade.
Whereas in your post #1003, you suggest that neither party even recognises or acknowledges the issue.
 
sptrawler said:
I don't disagree with you on that, I was only pointing out that you and Morison seem to be on the same page, whereas Albo and Labors stance seems to be opposite to your preferred position on trade.
Whereas in your post #1003, you suggest that neither party even recognises or acknowledges the issue.
Click to expand...

At least Morrison has mentioned the issue, I'll give him credit for that. If he actually does something about it I might actually vote for him.:cool: However I fear that it was just a momentary headline grabber to suck up to Trump.

Labor's position is disappointingly orthodox. I would have hoped that a party that purports to represent the "workers" would be concerned about the hollowing out of our manufacturing industry. I guess they are too wedded to the Hawke-Keating tariff reductions that they are reluctant to reverse that policy in case it's an admission of failure.
 
We are such a precarious position in our trade imbalance, that we could be destroyed by Chine in weeks. They are the major buyer of our exports and are the ones we import most of our consumer products from, if they put an embargo on us we would be in a World of pain within days.
So it is o.k to go sabre rattling, but it has to be done from arms length as Morrison did, the only Country that can bring China to the table is the U.S.
The problem with that is, the U.S multinational companies, who are very active in offshoring the labour component of their products are very much against the idea.
From the outside looking in, it would appear the U.S Democrats have a very similar stance as Labor in Australia, where they agree with the status quo regarding trade imbalance. Whether that is on a humanitarian or a personal gain basis I don't know, but it will lead to our economy becoming weaker and weaker. With that will come the difficulty to provide the services like welfare that we enjoy, not everyone in South American Countries and third world countries are poor, the ruling class in these pseudo-socialist style states are extremely well off.
What I can't understand is why the press appear to be embracing the concept, with Labor it is understandable, fortunately as was proven last election not everyone is buying the $hit butty. :2twocents
Just my opinion. DYOR
 
sptrawler said:
We are such a precarious position in our trade imbalance, that we could be destroyed by Chine in weeks. They are the major buyer of our exports and are the ones we import most of our consumer products from, if they put an embargo on us we would be in a World of pain within days.
Click to expand...

The Australia-China relationship is at a low point. If they wanted to punish us they would have done so already. They need our resources and they want to buy more of our farmland and other businesses.

They probably don't want to upset the apple cart either.
 
So while we've all fallen for the "look over there!" tactic about boat arrivals, we have 200,000+ arrivals by plane who just slip in and game the system? Sounds like a policy. Mind you, we've had a system of "Migration Agents" since at least the 1970s which has distorted the system at every opportunity - 457 Visa anyone?
 
SirRumpole said:
Why haven't all the airborn arrivals been sent to Mannus or Nauru I wonder?
Click to expand...

Does sound as good from a marketing perspective.

We the overloads, elected by the people to serve our selves, send all illegal boat people to the islands of banishment. "Boat People" The general populous can understand the term as they cannot relate to it

We the overloads, elect by the people to serve ourselves, send all illegal immigrants that came by the comfort of flight to the islands of banishment. "Plane flight people" F--kme, I fly by plane what is wrong with that.

So it is easy to create a stir from a political point scoring view, "Boat people are bad", f--k the evidence.
 
satanoperca said:
Short term for the producers is not so good, long term - excellent, that is the funny thing about trees, they keep on growing and getting fatter, don't harvest today is only a short term delay as you can harvest next year when they are bigger
Click to expand...
Or they get burnt, or the Green influence change the rules again
In my foolish do good,i revegetated a creek and planted, mulched and fenced off trees along my creek..When time came to build a cottage on the block, this ripariam rainforest was deemed too near from the proposed building site and i was not allowed either to cut a single tree
The lesson has been learnt and will be widely advertised
 
SirRumpole said:
That's a pretty sad report, and goes with what we have been saying over several threads.

Another report that backs this up.

https://www.theguardian.com/austral...g-on-research-plummets-far-below-oecd-average
Click to expand...
Meanwhile we throw more money at poorer and poorer results. :rolleyes:

https://www.canberratimes.com.au/st...e-to-ditch-the-atar-and-even-naplan/?cs=14264
Maybe it is about time, there was some accountability for poor results, I know it happens in industry, for some reason education doesn't appear to be judged on outcomes.
It is everyone else's fault, two times table hasn't changed, it just they don't teach them anymore. Now it is more important to learn about feeling good while you're not learning, as long as you are happy and not stressed, that's the main thing.:roflmao:
 
sptrawler said:
Meanwhile we throw more money at poorer and poorer results. :rolleyes:

https://www.canberratimes.com.au/st...e-to-ditch-the-atar-and-even-naplan/?cs=14264
Maybe it is about time, there was some accountability for poor results, I know it happens in industry, for some reason education doesn't appear to be judged on outcomes.
It is everyone else's fault, two times table hasn't changed, it just they don't teach them anymore. Now it is more important to learn about feeling good while you're not learning, as long as you are happy and not stressed, that's the main thing.:roflmao:
Click to expand...

Pretty Lefty article that. ;)

There has to be some measurement of student's understanding of the academic subjects that form the backbone of skills.

All this stuff about "benefit to society" is gobbledygook and just serves to excuse bad teachers from failing to teach the educational basics to a satisfactory level.
 
SirRumpole said:
Pretty Lefty article that. ;)

There has to be some measurement of student's understanding of the academic subjects that form the backbone of skills.

All this stuff about "benefit to society" is gobbledygook and just serves to excuse bad teachers from failing to teach the educational basics to a satisfactory level.
Click to expand...
The other problem is, as soon as you mention teacher assessment, there is a massive outcry. IMO it wont be long before the teaching profession actually wont involve children at all, schools will be childminding facilities and the onus will return to parents to teach their children. Online courses will be available, that can be accessed from the the home, so parents can help the children when they get home from work.:roflmao:
Universities will still operate, but will be full of students from first World Countries like China, Thailand etc, while our children do the menial tasks.
Jeez that is like most other Third World Countries, who would have thought.:xyxthumbs:2twocents
 
Jack Aubrey said:
So while we've all fallen for the "look over there!" tactic about boat arrivals, we have 200,000+ arrivals by plane who just slip in and game the system? Sounds like a policy. Mind you, we've had a system of "Migration Agents" since at least the 1970s which has distorted the system at every opportunity - 457 Visa anyone?
Click to expand...
I guess the slight difference is, when they arrive by plane they have to have a passport, so at least you know who they are.
It would be funny if they started winding down the windows, on the planes to throw their passports out, like the boat people.:roflmao:
 
sptrawler said:
I guess the slight difference is, when they arrive by plane they have to have a passport, so at least you know who they are.
It would be funny if they started winding down the windows, on the planes to throw their passports out, like the boat people.:roflmao:
Click to expand...

Yes, and we give them a visa, so maybe we should be tougher on who we give visas to.

80 people a day claim asylum after arriving by air, imagine how those people clog up our courts and the bureaucracy.

https://www.news.com.au/travel/trav...e/news-story/a1b5c6d49a2cc1fc3a1d1b1a9b304ecc

We might have to change the name of Qantas to "air asylum". :D
 

Similar threads

Dona Ferentes
The role of Private Equity
Replies
4
Views
1K
qldfrog
qldfrog
Jack Aubrey
The Future of Private Health Insurance
2 3
Replies
45
Views
8K
farmerge
farmerge
bigdog
J Capital Research
Replies
1
Views
2K
greggles
greggles
R
The 5 Characteristics of A Platform that Determine its Network Effect
Replies
3
Views
2K
Dona Ferentes
Dona Ferentes
R
The 7 Moats of Quality Companies
Replies
7
Views
6K
divs4ever
divs4ever
Top