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18
Dec

Social Welfare: Fact and Fiction

socialOne of the more common complaints made by conservative contributors to social media debates, relates to the issue of welfare recipients, i.e., who is getting what. The more shared assertions are, that it is the generous nature of our welfare system that encourages migrants, asylum seekers and so-called economic refugees to come here.

Read more at: The Australian Independent media Network

 

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18
Dec

A Great Big Failure

MORRISONOh boy, Scott Morrison. If you thought your post MYEFO press conference was convincing, you are in trouble. You sounded like you were reading from a script prepared by a committee.

You probably were.

I didn’t count the number of times you mentioned ‘jobs and growth’ but it was enough to demonstrate you were struggling to assure yourself that what you were saying was convincing.

Read more at: The Australian Independent Media Network

14
Dec

Our Government: Traitors to their own people

traitorsFor the twelve months or so that I have been writing articles advocating the benefits that would come if our government implemented a Modern Monetary Theory (MMT) economic framework, I have been under the mistaken impression that MMT is a regime, or a doctrine that the government needs to adopt as an economic policy initiative.

For most of this time I have viewed MMT as the religion of the progressives in policy direction held back by the right wing neo-liberal conservatives who see MMT as a threat to western capitalism.

 

Read more at: The Australian Independent media Network

11
Dec

What’s happening with the Labour Force?

marBefore you believe all the spin that economists and politicians put on the latestLabour Force figures, you would have to think that there’s something odd going on with November’s labour market, just as there was with the figures for October 2015.

The most glaring oddity for the November figures is the number of jobs created,71,400 in total, of which 29,700 were part time.

 

Read more at: The Australian Independent Media Network

9
Dec

Is Full Employment also on the Table, Malcolm?

turnIf the Australian government was serious about jobs and growth, the introduction of an ELR here, would be an economic imperative. Yet no such plan exists and none likely. Why is full employment not on the table?

Read more at: The Australian Independent Media Network

8
Dec

Australia: An Impoverished Nation

poorThe year 2015 will likely be remembered as a watershed for the Liberal Party having surrendered what they perceived as the high moral ground of never having dumped a sitting Prime Minister. Sadly though, in terms of mediocre government, that watershed extends further.  These so-called “adults” have shown us over the past 12 months that 2014 (as bad as that turned out), was just a rehearsal for 2015.

8
Dec

How to Undermine our Future Well-being

slipperyWhile the Australian economy continues sliding towards recession, the mainstream media seems more interested in focusing its attention on the latest popularity contest between Malcolm Turnbull and Bill Shorten.

Read more at: The Australian Independent media Network

8
Dec

Everybody Loves Malcolm, but…

turnRemember all that nonsense about debt and deficit disasters, budget emergencies and how the Liberals were the only ones capable of managing the economy? What a waste of space Joe Hockey was as treasurer. What a similar waste Scott Morrison is threatening to be.

Read more at: The Australian Independent media Network

8
Dec

Printing Money

adair.turnerAs most of us know, the term ‘printing money’ is a misnomer. Apart from a small percentage of notes and coin, today all money is processed via electronic transfers from the Central Banks to the private banks who in turn credit their respective account holders. Money today is, essentially, just numbers in a computer moved around in millions of transactions every day.

Read more at: The Australian Independent media Network

8
Dec

Morrison’s Approaching Waterloo

MORRISONIt may be early days but Joe Hockey’s second and final attempt to bring down a credible budget appears to be unravelling already. Even on the night of his budget speech in May it was clear that his growth projections were far too optimistic.

Read more at: The Australian Independent Media Network

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