GDP counts exchanges that involve money (adjusted to avoid double counting). Somebody is paid, and somebody pays. GDP doesn’t tell you who paid, just that somebody did.… Read More No Minister, high immigration will cost us $320 billion
We tend not to notice how far we have sunk. Australia is not in good shape. We need an unflinching assessment of our situation, and also to know we can fix it. [Published in The Canberra Times, 11 Jan 2024 – or so I’m told.] We tend not to notice how far we have sunk.… Read More Admit the mess we are in and reorganise/
The emptiness of modern Labor is now on full display: maligning refugees, promoting fossil fuels, tinkering around the edge of social crisis, pandering to the wealthy, condoning mass murder, adopting policies of Abbott, Turnbull and Morrison. [Published at Pearls & Irritations, 10 Dec 2023.] Labor’s reaction to the High Court’s decision to outlaw indefinite detention… Read More Labor Losers
It is possible to create a much fairer, safer and more durable society than we have at present. The means are available, if we dispense with myths and special interests. It is there for us to do.… Read More A Thrival Budget
The neoliberal, social engineering experiment in privatisation has been an economic failure and a social disaster. Underpaid, insecure, fearful people can become desperate. They can look for someone to blame, and someone to save them.… Read More What if Labor has still got it all wrong?
The ‘skills shortage’ that we hear of incessantly reflects two things. One is that we have not been educating and training our young people properly. That would be because our TAFEs have been outsourced and wrecked and our universities gutted in the name of neoliberal market fundamentalism.… Read More Jobs summit: Aren’t we capable of providing for ourselves?
Thrival Economics 