Australian Politics Forum - Stagnant wages: Please sir, can I have some more?

Dnarever

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Re: Stagnant wages: Please sir, can I have some more?
Reply #30 - Aug 4^th, 2019 at 8:15am

crocodile wrote on Aug 3^rd, 2019 at 11:35pm:

Dnarever wrote on Aug 3^rd, 2019 at 8:28pm:

crocodile wrote on Aug 3^rd, 2019 at 7:47pm:

Dnarever wrote on Aug 3^rd, 2019 at 6:39pm:

crocodile wrote on Aug 3^rd, 2019 at 1:26pm:

stunspore wrote on Aug 3^rd, 2019 at 12:11pm:

Dnarever wrote on Aug 3^rd, 2019 at 8:59am:

juliar wrote on Aug 2^nd, 2019 at 4:54pm:

Gosh not ANOTHER one of these futile wage thingies.

well it is a fairly serious problem for the majority of Australians.

Coalition got what it wanted - lower wages.

You're a goose if you believe anybody supports poor wages growth.

Then why have the coalition argued against wage increases at every wage hearing in any of our lifetimes ?

The facts disagree with your opinion.

When is the government consulted on wage hearings. You always just make up crap.

Who said government were consulted ? Shows that you don't know what you are talking about if you don't understand the mechanism.

Then why have the coalition argued against wage increases at every wage hearing in any of our lifetimes ?

The facts disagree with your opinion.

Your words.

Yes and it does not mean that there is a government involved consultation process - there isn't. You should know this.

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crocodile

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Re: Stagnant wages: Please sir, can I have some more?
Reply #31 - Aug 4^th, 2019 at 8:32am

Dnarever wrote on Aug 4^th, 2019 at 8:15am:

crocodile wrote on Aug 3^rd, 2019 at 11:35pm:

Dnarever wrote on Aug 3^rd, 2019 at 8:28pm:

crocodile wrote on Aug 3^rd, 2019 at 7:47pm:

Dnarever wrote on Aug 3^rd, 2019 at 6:39pm:

crocodile wrote on Aug 3^rd, 2019 at 1:26pm:

stunspore wrote on Aug 3^rd, 2019 at 12:11pm:

Dnarever wrote on Aug 3^rd, 2019 at 8:59am:

juliar wrote on Aug 2^nd, 2019 at 4:54pm:

Gosh not ANOTHER one of these futile wage thingies.

well it is a fairly serious problem for the majority of Australians.

Coalition got what it wanted - lower wages.

You're a goose if you believe anybody supports poor wages growth.

Then why have the coalition argued against wage increases at every wage hearing in any of our lifetimes ?

The facts disagree with your opinion.

When is the government consulted on wage hearings. You always just make up crap.

Who said government were consulted ? Shows that you don't know what you are talking about if you don't understand the mechanism.

Then why have the coalition argued against wage increases at every wage hearing in any of our lifetimes ?

The facts disagree with your opinion.

Your words.

Yes and it does not mean that there is a government involved consultation process - there isn't. You should know this.

How can they argue against something they have no role in. You just make crap up all the time.

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Very funny Scotty, now beam down my clothes.

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Dnarever

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Re: Stagnant wages: Please sir, can I have some more?
Reply #32 - Aug 4^th, 2019 at 8:43am

crocodile wrote on Aug 4^th, 2019 at 8:32am:

Dnarever wrote on Aug 4^th, 2019 at 8:15am:

crocodile wrote on Aug 3^rd, 2019 at 11:35pm:

Dnarever wrote on Aug 3^rd, 2019 at 8:28pm:

crocodile wrote on Aug 3^rd, 2019 at 7:47pm:

Dnarever wrote on Aug 3^rd, 2019 at 6:39pm:

crocodile wrote on Aug 3^rd, 2019 at 1:26pm:

stunspore wrote on Aug 3^rd, 2019 at 12:11pm:

Dnarever wrote on Aug 3^rd, 2019 at 8:59am:

juliar wrote on Aug 2^nd, 2019 at 4:54pm:

Gosh not ANOTHER one of these futile wage thingies.

well it is a fairly serious problem for the majority of Australians.

Coalition got what it wanted - lower wages.

You're a goose if you believe anybody supports poor wages growth.

Then why have the coalition argued against wage increases at every wage hearing in any of our lifetimes ?

The facts disagree with your opinion.

When is the government consulted on wage hearings. You always just make up crap.

Who said government were consulted ? Shows that you don't know what you are talking about if you don't understand the mechanism.

Then why have the coalition argued against wage increases at every wage hearing in any of our lifetimes ?

The facts disagree with your opinion.

Your words.

Yes and it does not mean that there is a government involved consultation process - there isn't. You should know this.

How can they argue against something they have no role in. You just make crap up all the time.

You argue against things you have no role in every day why do you think that the government can't ?

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Dnarever

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Re: Stagnant wages: Please sir, can I have some more?
Reply #33 - Aug 4^th, 2019 at 8:48am

Quote:

The long debate over the causes of wage stagnation took an unexpected turn last week, when Finance Minister Matthias Cormann described (downward) flexibility in the rate of wage growth as “a deliberate design feature of our economic architecture”........

Cormann had said policies aimed at pushing wages up could cause “massive spikes in unemployment”.......

For more than forty years, both the architecture of labour market regulation and the discretionary choices of governments have been designed with the precise objective of holding wages down.

These policies have been quite successful, as can be seen from the graph.

However, at least until recently, there has been bipartisan agreement on at least one aspect of them – that no one should mention their role in holding back wages.

http://theconversation.com/ultra-low-wage-growth-isnt-accidental-it-is-the-inten...

The graph shows that the employee share of income is at about the lowest rate since the 1960 to 1965 period.

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crocodile

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Re: Stagnant wages: Please sir, can I have some more?
Reply #34 - Aug 4^th, 2019 at 9:01am

Dnarever wrote on Aug 4^th, 2019 at 8:48am:

Quote:

The long debate over the causes of wage stagnation took an unexpected turn last week, when Finance Minister Matthias Cormann described (downward) flexibility in the rate of wage growth as “a deliberate design feature of our economic architecture”........

Cormann had said policies aimed at pushing wages up could cause “massive spikes in unemployment”.......

For more than forty years, both the architecture of labour market regulation and the discretionary choices of governments have been designed with the precise objective of holding wages down.

These policies have been quite successful, as can be seen from the graph.

However, at least until recently, there has been bipartisan agreement on at least one aspect of them – that no one should mention their role in holding back wages.

http://theconversation.com/ultra-low-wage-growth-isnt-accidental-it-is-the-inten...

The graph shows that the employee share of income is at about the lowest rate since the 1960 to 1965 period.

You should read the article and understand it.

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Very funny Scotty, now beam down my clothes.

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Dnarever

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Re: Stagnant wages: Please sir, can I have some more?
Reply #35 - Aug 4^th, 2019 at 9:16am

crocodile wrote on Aug 4^th, 2019 at 9:01am:

Dnarever wrote on Aug 4^th, 2019 at 8:48am:

Quote:

The long debate over the causes of wage stagnation took an unexpected turn last week, when Finance Minister Matthias Cormann described (downward) flexibility in the rate of wage growth as “a deliberate design feature of our economic architecture”........

Cormann had said policies aimed at pushing wages up could cause “massive spikes in unemployment”.......

For more than forty years, both the architecture of labour market regulation and the discretionary choices of governments have been designed with the precise objective of holding wages down.

These policies have been quite successful, as can be seen from the graph.

However, at least until recently, there has been bipartisan agreement on at least one aspect of them – that no one should mention their role in holding back wages.

http://theconversation.com/ultra-low-wage-growth-isnt-accidental-it-is-the-inten...

The graph shows that the employee share of income is at about the lowest rate since the 1960 to 1965 period.

You should read the article and understand it.

You should say something relevant and not show your own lack of understanding.

By the way the article shows a primary reason for wage stagnation without the most vague reference to productivity or general economic factors. It in fact references a case of voodoo economics.

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crocodile

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Re: Stagnant wages: Please sir, can I have some more?
Reply #36 - Aug 4^th, 2019 at 10:28am

Dnarever wrote on Aug 4^th, 2019 at 9:16am:

crocodile wrote on Aug 4^th, 2019 at 9:01am:

Dnarever wrote on Aug 4^th, 2019 at 8:48am:

Quote:

The long debate over the causes of wage stagnation took an unexpected turn last week, when Finance Minister Matthias Cormann described (downward) flexibility in the rate of wage growth as “a deliberate design feature of our economic architecture”........

Cormann had said policies aimed at pushing wages up could cause “massive spikes in unemployment”.......

For more than forty years, both the architecture of labour market regulation and the discretionary choices of governments have been designed with the precise objective of holding wages down.

These policies have been quite successful, as can be seen from the graph.

However, at least until recently, there has been bipartisan agreement on at least one aspect of them – that no one should mention their role in holding back wages.

http://theconversation.com/ultra-low-wage-growth-isnt-accidental-it-is-the-inten...

The graph shows that the employee share of income is at about the lowest rate since the 1960 to 1965 period.

You should read the article and understand it.

You should say something relevant and not show your own lack of understanding.

By the way the article shows a primary reason for wage stagnation without the most vague reference to productivity or general economic factors. It in fact references a case of voodoo economics.

That's why it's horseshit.

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Very funny Scotty, now beam down my clothes.

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Dnarever

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Re: Stagnant wages: Please sir, can I have some more?
Reply #37 - Aug 4^th, 2019 at 11:07am

crocodile wrote on Aug 4^th, 2019 at 10:28am:

Dnarever wrote on Aug 4^th, 2019 at 9:16am:

crocodile wrote on Aug 4^th, 2019 at 9:01am:

Dnarever wrote on Aug 4^th, 2019 at 8:48am:

Quote:

The long debate over the causes of wage stagnation took an unexpected turn last week, when Finance Minister Matthias Cormann described (downward) flexibility in the rate of wage growth as “a deliberate design feature of our economic architecture”........

Cormann had said policies aimed at pushing wages up could cause “massive spikes in unemployment”.......

For more than forty years, both the architecture of labour market regulation and the discretionary choices of governments have been designed with the precise objective of holding wages down.

These policies have been quite successful, as can be seen from the graph.

However, at least until recently, there has been bipartisan agreement on at least one aspect of them – that no one should mention their role in holding back wages.

http://theconversation.com/ultra-low-wage-growth-isnt-accidental-it-is-the-inten...

The graph shows that the employee share of income is at about the lowest rate since the 1960 to 1965 period.

You should read the article and understand it.

You should say something relevant and not show your own lack of understanding.

By the way the article shows a primary reason for wage stagnation without the most vague reference to productivity or general economic factors. It in fact references a case of voodoo economics.

That's why it's horseshit.

Agreed but it is also the Australian political reality as expressed by a senior Liberal politician.

Australian governments have been pushing wages down for decades irrespective of economic conditions.

i.e.

Total factor productivity high - wage pressure down.

Total factor productivity Low - wage pressure down.

This is the reality.

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juliar Gold Member Offline Australian Politics Posts: 22966	Re: Stagnant wages: Please sir, can I have some more? Reply #38 - Aug 4^th, 2019 at 3:59pm Get a second job with UBER.
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Dnarever Gold Member Online Australian Politics Posts: 58412 Here Gender:	Re: Stagnant wages: Please sir, can I have some more? Reply #39 - Aug 4^th, 2019 at 9:01pm juliar wrote on Aug 4^th, 2019 at 3:59pm: Get a second job with UBER. Get a first job with Uber.
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juliar Gold Member Offline Australian Politics Posts: 22966	Re: Stagnant wages: Please sir, can I have some more? Reply #40 - Aug 5^th, 2019 at 8:00am A second job with UBER is workable as you just work maybe 5 hours or so during peak times when the surge pricing is on. A full time job with UBER is not viable as many have found out.
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