Politics So I guess when the s**t hits the fan, everyone's a socialist

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If people lose their homes there will be a rebellion not to mention no more customers to keep propping the wealthy up. The last 20 years has been all about prodding the lower classes to their limit and taking one small step back.
 
Modern concepts such as 'just in time' inventory for one, and there will surely be some sort of risk management approach to supply chain sources rather than just cheapest source.

Huge amounts of manufacturing will leave China and go back to the US etc.
 

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Huge amounts of manufacturing will leave China and go back to the US etc.
You'd expect there would be some sort of "vital industries" bills being drafted now for items deemed necessary to protect the population in the event of crisis.

TBH I'm surprised food security isn't a bigger factor when the FIRB greenlight Chinese asset purchases in Australia.
Residential properties are flagged through by signing one A4 sheet of paper (at least the were in the mid 2000s) and I understand commercial property below a certain value is treated the same way - show proof of deposit and it's waved through.

I won't say Australia aren't as devious when required - back in the day Macquarie bank made a bid to buy the FTSE, a low ball bid that was considered ridiculous. While the UK furiously got their best commercial agents to scuttle the deal, Macquarie put their best people on an asset deal in the UK and bought a large chunk of water infrastructure. The there's the whole East Timor oil deal.
 
TBH I'm surprised food security isn't a bigger factor when the FIRB greenlight Chinese asset purchases in Australia.
It's never seemed like a massive issue to me. We produce a ridiculous food surplus, and there's other ways to ensure supply than restricting foreign investment. At the end of the day, you can't ship agricultural land off-shore.
 
If people lose their homes there will be a rebellion not to mention no more customers to keep propping the wealthy up. The last 20 years has been all about prodding the lower classes to their limit and taking one small step back.
Lower classes pay no net tax. They take. Give nothing back. But still complain they are being prodded. How odd.
 
Lower classes pay no net tax.

If they were paid $2 a day you would be even more correct! Low classes are generally underpaid and overworked. If they were paid properly they'd pay more tax! It all comes down to not being paid enough to begin with. That's a trickle up economy!

People like Alan Joyce is hard done by, pays too much tax and supports the leaners of society
 
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If they were paid $2 a day you would be even more correct! Low classes are generally underpaid and overworked. If they were paid properly they'd pay more tax! It all comes down to not being paid enough to begin with. That's a trickle up economy!

People like Alan Joyce is hard done by, pays too much tax and supports the leaners of society
They arent underpaid. They are paid based on supply demand. I.e. they are paid what the market values them at.
 
They arent underpaid. They are paid based on supply demand. I.e. they are paid what the market values them at.
Do you want to reduce the minimum wage and let the market decide all wages?
 
Do you want to reduce the minimum wage and let the market decide all wages?
In times of high unemployment i would. but i also want to provide more incentives to better educate the workforce so that a greater proportion of workers have strong skillsets to not only drive higher wages for themselves but drive up the wages of the remaining unskilled workers due to lack of supply. Its an oversupply of unskilled workers that brings their wages down in a market with unregulated wages.


the measure of how well an economy is doing is how high the real wages of the cleaners and taxi drivers are in an environment of unregulated wages. The higher the better.
 
In times of high unemployment i would. but i also want to provide more incentives to better educate the workforce so that a greater proportion of workers have strong skillsets to not only drive higher wages for themselves but drive up the wages of the remaining unskilled workers due to lack of supply. Its an oversupply of unskilled workers that brings their wages down in a market with unregulated wages.


the measure of how well an economy is doing is how high the real wages of the cleaners and taxi drivers are in an environment of unregulated wages. The higher the better.
So... the US model?
Their wealth disparity if far, far worse than Australia.
 

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So... the US model?
Their wealth disparity if far, far worse than Australia.
Nope. Not the US model. The us model doesnt have equal opportunity in education or even jobs. I would ban private schools. I would make uni education free. i would enforce stricter regulations around hiring based on merit. I would also enforce greater flexibility in employment at the choice of the employee so people can choose to work 3-4 days a week rather than the standard 5. This will help with the supply problem. 12 months paternity leave paid by the government. Not the employer. Free childcare for all just like school. I would dramatically reduce income taxes but introduce wealth taxes so the younger generation can get more of the wealth pie.
 
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Nope. Not the US model. The us model doesnt have equal opportunity in education or even jobs. I would ban private schools. I would make uni education free. i would enforce stricter regulations around hiring based on merit. I would also enforce greater flexibility in employment at the choice of the employee so people can choose to work 3-4 days a week rather than the standard 5. This will help with the supply problem. 12 months paternity leave paid by the government. Not the employer. Free childcare for all just like school. I would dramatically reduce income taxes but introduce wealth taxes so the younger generation can get more of the wealth pie.
These are very nice ideas but represent such a massive shift to the working economy that it's more likely than not that there'd be catastrophic unforseen consequences for implementing them. It would have to be done over a long period of time, one item at a time to measure what happens.
 
Lower classes pay no net tax. They take. Give nothing back. But still complain they are being prodded. How odd.
While the first sentence may be factually accurate, the next three are just value judgements which are... questionable... at best. At worst they are just mean spirited, classist and s**t.
 
These are very nice ideas but represent such a massive shift to the working economy that it's more likely than not that there'd be catastrophic unforseen consequences for implementing them. It would have to be done over a long period of time, one item at a time to measure what happens.
Agree. Pretty much most change has to be implemented slowly overtime.
 
While the first sentence may be factually accurate, the next three are just value judgements which are... questionable... at best. At worst they are just mean spirited, classist and s**t.
They werent value based but were only referring to tax. Life and social contribution is obviously a lot more than just tax.
 
I got this email from my provider.

Our network capacity

Our network team are continuing to keep an eagle eye on our capacity. Our network is already built to cope with peak demands, and we've added the extra 40% bandwidth generously provided last week by NBN.


To me this reads that the NBN normally holds bandwidth back from us.
Carriers pay for cvc - some pay more - like my carrier, and i always get 90+ down and 34+ up rain hail shine - peak or offpeak it doesnt matter

budget carriers dont buy a lot so are susceptible to slowdowns in peak times





www.pixelpac.com.au



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This was one of the things I first thought when the virus broke out in italy. It would be unfair for millennials to have to repay all our national debt resulting from the virus. Prosecuting China and getting correctly compensated is one of the most important and biggest tests this lib government will have to face.
 
Not at all. We had open borders until 1901 because there were no restrictions on immigration up until that point. It was only in 1901 that the Immigration Restriction Act was passed. At that point border control began, since there was a need to enforce that policy to keep out the Chinese and Pacific Islanders.

What were the colonies doing? Especially as they didn’t have open borders.


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This was one of the things I first thought when the virus broke out in italy. It would be unfair for millennials to have to repay all our national debt resulting from the virus. Prosecuting China and getting correctly compensated is one of the most important and biggest tests this lib government will have to face.
Its 6 trillion. Do you know how much 6 trillion is? There is zero chance. China would go to war over 1 trillion.
 

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