Good thing John Howard lost his Govt and seat when he did.
Otherwise all this crap would've been legal and far more widespread.
Good thing John Howard lost his Govt and seat when he did.
Otherwise all this crap would've been legal and far more widespread.
The wheel has turned on the 1990's type of thinking yes.The W.A Labor Government is starting to wind back some of the privatisation
I think Trump standing up and saying enough is enough, may well have the effect of making other Countries follow suit, it will be interesting to see if the momentum keeps going in the U.S if Trump is chucked out at the election.The wheel has turned on the 1990's type of thinking yes.
Manufacturing's the other one - we're going to see more of that in developed countries going forward but it'll take a long time to play out (decades).
The W.A Labor Government is starting to wind back some of the privatisation, which has to be a good thing, now all we need do is crank up apprenticeships.
https://www.abc.net.au/news/2020-03...o-services-at-fiona-stanley-hospital/12039042
Most of the major generation(Verve Energy) is public owned, I'm pretty sure Western Power(the linesmen) are still public, but they do outsource a lot of their work. Regionals (Horizon Power) I'm pretty sure is public, but also outsource a lot of the work.The ETU has been fighting tooth and nail to stop the privatization of power in WA
How's that work ing out compared
Was out today, masked up (more for others protection) and social distancing.
Talked to a lot of business owners, all different types of business. Some that survived the last recession. And it's worse then I thought. A lot will have to shut up shop today. Many will not be back. I have never seen anything like this before. Total retail armageddon.
This will be a wave of pain over the economy.
Governments doing the right thing. This won't be as bad as expected. I expect debts will be inflated away due to high government expenditure and low low rates. Much like WW2 and the Marshall plan
I hope it's not.Governments doing the right thing. This won't be as bad as expected. I expect debts will be inflated away due to high government expenditure and low low rates. Much like WW2 and the Marshall plan
re: 70% wearing masks: In what area?I hope it's not.
But :
No one was in the shops.
Half the shops had shut.
The ones that were open had said they would have to close and not be able to continue.
A lot of industrial and trades had shut.
Restaurants are not turning enough deliveries to stay solvent.
No one wants to work.
Even child care is going under.
Every business said the same thing. Stimulus will not save us.
Unless this is over quickly, then it's going to be painful.
You have to question how state and federal governments are going to keep the economy turning when no one will leave the house beyond the supermarkets.
Today was the first time I have seen everyone in masks. At least 70% of people.
South of Sydney.re: 70% wearing masks: In what area?
I wonder how effective wearing a mask is. Say it captures a microscopic human spray, then you itch or mishandle the mask when removing it at the end of your journey, and in doing so infect yourself.
I'm more paranoid about touching surfaces or objects, like the fruit in a supermarket that everyone else has handled and coming home with it to eat it.
How come high government expenditure and low low rates couldn't help Japan?
They were ingrained with working hard though. Not to mention excelling in all fields. And efficiency.They avoided a depression. The alternative is far worse.
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