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Posts from the ‘Macroeconomics’ Category

22
Mar

The Coalition’s False Employment Boast

601879-joblessBill Shorten addressed the National Press Club on Tuesday and committed a future Labor government to a policy of full employment. When asked by Leigh Sales on ABC’s 7.30 Tuesday evening what he considered to be an acceptable unemployment level, he said 5%.

It was a safe answer, but not the right answer. Full employment should mean just that; he should have answered, 0%. Full employment means a full time job for everyone who wants one and a part time job for everyone who wants one.

 

Read more at: The Australian Independent Media Network

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22
Mar

Two Questions Scott Morrison Needs to be Asked.

scott_ghostIn the next few months, media writers, commentators and interviewers will find politicians breaking down doors in an effort to have themselves heard on radio, written about in print and seen on television.

There’s nothing like an election to remind politicians they are public servants, no better time for them to stick their heads up and say, ‘vote for me, vote for me.’

 

Read more at: The Australian Independent Media Network

22
Mar

Morrison misreads the state of the Economy

scottThe latest national accounts figures for the December quarter, as boring as they may be to some, caused the Treasurer, Scott Morrison to be upbeat about the direction the Australian economy is heading. He is being premature.

 

Read more at: The Australian Independent Media Network

22
Mar

Turnbull, the Puppet P.M.

imageAfter observing Malcolm Turnbull for the past five months, nothing could be clearer to the shrewd onlooker. If his accession to the leadership was to signal something different, a new direction, a policy reversal of any kind, it would have happened by now.

Read more at: The Australian Independent Media Network

 

27
Feb

Government Surpluses Threaten Consumers’ Savings

imageExplaining to people that surplus budgets threaten peoples’ savings is probably the best way to improve their understanding of a national economy and help rid us of the false statements that our politicians spew forth.

 

Read more at: The Australian Independent Media Network

 

8
Feb

Undermining prosperity and subverting public pupose

image

If you believe nothing of what politicians tell you leading up to this election, you will be the better for it. If you want to learn the truth then first learn this: The taxes you pay DO NOT fund government spending.

Read more at: http://theaimn.com/undermining-prosperity-and-subverting-public-purpose/

8
Feb

It’s all just numbers in a computer

confusedThe strength of a nation’s wealth is its GDP, its gross domestic product, its ability to produce goods and services that people here and overseas want to buy. Throwing money out of helicopters would not achieve that.

Read more at: http://theaimn.com/its-all-just-numbers-in-a-computer/

6
Jan

The Game is Rigged.

corpA short video by Robert Reich lasting just 2 minutes 35 seconds landed in my news feed on Facebook a few days ago. For all I know it may have been around for months, but that’s irrelevant. The message is what is important.

Reich was US Secretary for Labor, from 1993-1997 under the presidency of Bill Clinton and besides now being Chancellor’s Professor of Public Policy at Goldman School of Public Policy at University of California, Berkley, he is also an outspoken political commentator.

 

Read more at: The Australian Independent Media Network

4
Jan

Blogging for a Better Australia

ausWhat do the following have in common: Tony Abbott, Joe Hockey, Arthur Sinodinos, David Johnston, Bronwyn Bishop, Jamie Briggs, Eric Abetz, Mal Brough, Kevin Andrews, Bruce Billson?

They were all Liberal ministers in the Australian Abbott government, including Abbott himself, and all somehow fell out of favour with their peers or chose to resign from their portfolios and, in the process, weakened the government’s unity, it’s cohesion, it’s integrity….if indeed it had any in the first place.

Hello, my name is John Kelly and I am a blogger at ‘The View From My Garden.” I am 70 years of age, retired from paid work and loving it. My passion is Australian politics and Economics. I have a Bachelor of Communications degree majoring in Journalism. 

I have no Economic qualifications but am a student of Professor Bill Mitchell, professor of Economics at Newcastle University in New South Wales, even though he probably doesn’t know it.

Professor Mitchell writes a blog every day on some issue of relevance to Australian politics and the state of our economy. His vast knowledge and foresight enables those who follow him to understand how money works. He does this better than any other economist save a handful of his associates, here and around the world, who are of like mind.

What you will discover reading my blogs is that I do not suffer fools. Perhaps I could be more conciliatory, but when one watches the antics of a federal government that acts like a bunch of illiterate, schoolyard bullies, patience and grace are not my first considerations.

So join me if you wish or don’t. I will still be here doing what I enjoy. As you will note, all my blogs are syndicated with The Australian Independent Media Network where the majority of my readership resides.

lyingYou are welcome to join us but don’t expect oranges and roses. That’s not what we’re about. We’re about exposing the incompetence of a dysfunctional government that includes the ten members listed above.

Ten ministerial replacements were thus required to replace them in the short space of two years and three months. This is no more than a political version of Game of Thrones. Doubtless there will be more exposed before they are removed from office.

John Kelly

1
Jan

Election 2016: Some Economic Myth-Busters

bills

A Happy New Year to everyone and in case you have forgotten, 2016 is an election year. Regardless of one’s personal preference for a conservative or progressive victory in that election, there should be at least one more immediate concern.

Irrespective of our political preferences, we should all be informed and be informing of, to as many voters as possible that, in terms of the economy, much of what they will hear from both conservative and progressive candidates leading up to the election, will be false.

 

Read more at: The Australian Independent Media Network

THE VIEW FROM MY GARDEN

Political and Social Commentary

Think Left

The purpose of Think Left is to present a view of politics from a left-wing perspective.

Round The World in 79 Days

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The Mugwump Post

Australian Politics

Unions. Politics. And stuff.

Tracking Abbott's Wreckage

The AIM Network

The Australian Independent Media Network

The Extinction Protocol

Geologic and Earthchange News events

The Obama Diary

President Barack Obama ... photos, videos & a word or two

Spinthedoctor

Turning the tables on spin

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