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Anthony Albanese - How long? -4-

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Inflation is one of the top economic risks facing Australians today, and government spending is major contributing factor by pumping more money into a low-productivity, high-migration economy, which is pushing prices up .Remember scomo and his one interest rate rise where Chalmers,Albo hammered him with a cost of living crisis under his watch. And now we have posters saying governments have no control over inflation and interest rates
 
I think you’ve mistaken me for a Albanese fan.

But regardless, sure, make the case that it is Albo’s policies that have directly led to the independent RBA electing to raise interest rates multiple times.
OK... His failure to rein in government spending has put upward pressure on prices... In fact the RBA have mentioned this in the last 2 summaries of their decisions to raise rates.
 
OK... His failure to rein in government spending has put upward pressure on prices... In fact the RBA have mentioned this in the last 2 summaries of their decisions to raise rates.
Most of the government spending was required. A huge percentage was on pensions, health, education, aged care... stuff we as a society need.

And lest you say "government waste!" (and I stress, I'm no fan of Albanese Labor) plenty of non-partisan analysts would agree this government is run pretty efficiently by contemporary standards, and specially compared to the slothful, wasteful Coalition decade that preceded it.

The economies that are to be made are in the areas that the opposition opposes, eg mining subsides, failure to properly extract taxes on resources, neg gearing, CGT concession, huge superannuation perks for high income earners...
 

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Most of the government spending was required. A huge percentage was on pensions, health, education, aged care... stuff we as a society need.

And lest you say "government waste!" (and I stress, I'm no fan of Albanese Labor) plenty of non-partisan analysts would agree this government is run pretty efficiently by contemporary standards, and specially compared to the slothful, wasteful Coalition decade that preceded it.

The economies that are to be made are in the areas that the opposition opposes, eg mining subsides, failure to properly extract taxes on resources, neg gearing, CGT concession, huge superannuation perks for high income earners...
The problem is, that if that spending is needed, then they should increase taxes to pay for it, and that has no impact on inflation.

There are so many very rich people doing an increasing majority of discretionary spending who can afford taxes that low-income people can't afford to pay in inflationary pressures.

Any time somebody says Govt spending is driving inflation, they're leaving out half the conversation. The half their sponsors don't want to talk about.
 

If Jillian Segal is concerned about social cohesion she should be using her obvious influence with the government to get them to properly fund public schools, where kids can rub shoulders with other kids from all sorts of backgrounds, and realise we're all just human beings. And stop encouraging people to send their kids off into exclusive religious enclaves for their education. (And I don't just mean Jewish schools. I mean all religious schools.)
 
If Jillian Segal is concerned about social cohesion she should be using her obvious influence with the government to get them to properly fund public schools, where kids can rub shoulders with other kids from all sorts of backgrounds, and realise we're all just human beings. And stop encouraging people to send their kids off into exclusive religious enclaves for their education. (And I don't just mean Jewish schools. I mean all religious schools.)
it's a convenient look-over-here response. she and hubby display the polar opposite. which is why her employment in that role is a joke.
 

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And now we have posters saying governments have no control over inflation and interest rates
No, we’re just saying governments have a lot less control over inflation and interest rates than suits your superficial argument.

As to government spending - are you going to be the one to cut back the pension, or aged care subsidies, or Medicare?
 
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Inflation is one of the top economic risks facing Australians today, and government spending is major contributing factor by pumping more money into a low-productivity, high-migration economy, which is pushing prices up .Remember scomo and his one interest rate rise where Chalmers,Albo hammered him with a cost of living crisis under his watch. And now we have posters saying governments have no control over inflation and interest rates
Just me being a grumpy old fart. but when I am confronted with a statement implying a "truth" without any "workings" to reach the stated opinion, I take a phrase or two and put it in Google to find the source of the information

This came up with a result from Google AI Overview was almost verbatim of what was written in the post (almost a cut and paste) and the source of that was the IPA

Major fail, some of us are used to defendable opinions or at least citing the origin of the cut and paste
 
Just me being a grumpy old fart. but when I am confronted with a statement implying a "truth" without any "workings" to reach the stated opinion, I take a phrase or two and put it in Google to find the source of the information

This came up with a result from Google AI Overview was almost verbatim of what was written in the post (almost a cut and paste) and the source of that was the IPA

Major fail, some of us are used to defendable opinions or at least citing the origin of the cut and paste
So cutting and pasting is not allowed on here? Why stop with that. Let’s not allow links either or any other source of information
 

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So cutting and pasting is not allowed on here? Why stop with that. Let’s not allow links either or any other source of information
Cutting and pasting from a Google AI Overview and presenting it as your own work?

Definately a really second or third class fail.

Look over your friend's work and copy in when you were in year 5 too?
 
Inflation is one of the top economic risks facing Australians today, and government spending is major contributing factor by pumping more money into a low-productivity, high-migration economy, which is pushing prices up .Remember scomo and his one interest rate rise where Chalmers,Albo hammered him with a cost of living crisis under his watch. And now we have posters saying governments have no control over inflation and interest rates
One major difference is that the stated goal of the Liberal Party was to suppress wages.
 
Albo, you know as well as anyone that while you have a stunning parliamentary majority, your primary vote is in the toilet and your government is very vulnerable.

One thing that could remedy that is taking firm action on properly taxing gas companies’ eye-watering profits. You would win back a lot of voters.

 
I dont get the Albo hate over this, I think he's handling the situation about as well as your can without jeopardizing the most important alliance we have. Has he done anything other than send some spy planes to help intercept rockets?

If he sends any warships or troops, or offensive airmen then yeah, I think the Howard comparisons would be totally fair.

Are people just upset that he's not taking pot shots at Trump/Netanyahu and tearing up our foreign relations and defense doctrines?
 
Any time somebody says Govt spending is driving inflation, they're leaving out half the conversation. The half their sponsors don't want to talk about.

It’s way more than half….

Money is created by issuing loans….
MONEY = Debt

Our entire economy is driven by the housing market … it’s a Ponzi Scheme.

It’s increasing private debt that is fueling inflation.

Our entire economy is a scam and society is deteriorating because of it.

We need to look outside and find economic models that improve people’s lives not entrench them in debt.
 

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