Frank wrote on Apr 10^th, 2023 at 11:44am:



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That's the false "real jobs" narrative from  neoliberal market ideologues, whereas researchers who know welfare dependency is the cause of the gap, polled  85% of CDEP participants who reported improvement in communities, with reduced alcohol and crime.

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But unemployment benefits themselves -  aka "sit down money" - are a social disaster, especially in black communities struggling with cultural displacement issues.   

Of course, IF people can move off CDEP jobs into market-based jobs, that is a good thing.

But the first step is to eradicate welfare dependency itself, aka "sit-down money" which engenders boredom, lack of personal agency, and drug/alcohol use.

And the good news is Philip Lowe can fund CDEPs without you or I having to fund them (...until Lowe gets the sack for being the incompetent mainstream buffoon  he is...)

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These are real work, and the first step in progressing from welfare dependency especially in remote and regional communities**, on the path to employment in the market-based economy.

**Mundine claimed today the gap is not between white and black, but between blacks in cities, and those in regional/remote communities.

Frank wrote on Apr 10^th, 2023 at 10:01pm:


So ...we have arrived at these competing positions:

You: "CDEP was welfare. Only 5% transitioned to real jobs".

Me: "85% of CDEP participants reported improvement in communities, with reduced alcohol and crime".

My counter-argument points to the error of your ideological conception of "real jobs", meaning market-based jobs. But "real jobs"  include non-market based jobs.

Let's see if we can resolve this difference (and if not, why not....)

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Hm......not a good start for resolving the substantive issues RE the efficacy of the CDEP, nor understanding the competing views (though I can confidently say it's your  'individual sovereignty/freedom' delusions supporting classical economics - ultimately - which are at fault).

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Er... you found the  5% success with CDEP figure  in an anti CDEP article; I found my 85% CDEP approval in a pro CDEP  study.

So obviously, the CDEP needs further examination....

Obviously it's helpful to understand  that currency-issuing government can finance itself if the needed  resources are available, unlike private sector players who have to earn money.....   


Then work which is gainful,  as well as market based,  can both be done, without being bogged down in false considerations re "taxpayer money". 

Economic benefit going to rich 'inequality on steroids'
Story by Dominic Giannini • 14h ago

A disparity between how much of the economic benefits the vast majority of Australians get compared to the top end of town has been described as "inequality on steroids".

A new report shows 90 per cent of Australians received just seven per cent of the benefits of real economic growth over a decade from 2009.

The top 10 per cent of income earners received 93 per cent of the benefits.

The report from the Australia Institute says stagnating wages, insecure work, soaring corporate profits and an unfair tax system means people are going backwards.

The institute's senior economist Matt Grudnoff said the data showed the economy wasn't working for most Australians.

"From the 1950s to the 1980s Australia was considered the land of the fair go and we saw people benefiting more equally from economic growth," he said.

"Today, that Australian dream has turned into an inequality nightmare, fuelling the cost of living crisis for low and middle-income earners."

The left-leaning think tank is using the report to reignite its push to scrap stage three tax cuts, which would lower the tax rate for people earning over $180,000 a year.

Mr Grudnoff says it will only make inequality worse, instead pushing for a corporate "super profits tax".

"Soaring energy prices have seen gas and electricity bills increase for average Australians, while super profits from Australia's gas and coal go overseas," he said.

"Australians know they are missing out."

The Albanese government has continuously said its position on keeping the (stage 3) tax cuts has not changed. (end)

But both sides of politics are captured by the current gruesome neoclassical/Friedmanite monetary orthodoxy**, with one blunt tool of economic management - "independent" central bank interest-rate manipulation (monetary policy)  to control inflation and employment.

** meaning debt and deficits are regarded as evil....which the AI's neoclassical economist Grudnoff says can be eliminated with higher taxes.

News flash: Australians don't like higher taxes....even if they "know they are missing out"....

thegreatdivide wrote on Apr 11^th, 2023 at 1:23pm:




Still - Zimbabwe is a warning to us all.

thegreatdivide wrote on Apr 12^th, 2023 at 8:35pm:



Zimbabwe is still a warning.
Milton Friedman's erroneous monetary policies will lead us to another depression.


https://en.wikipedia.org/wiki/Milton_Friedman

thegreatdivide wrote on Apr 12^th, 2023 at 9:12pm:



Except that we should never have had such draconian lockdowns then
we wouldn't have needed to print so much money.
The idea that we can print our way to prosperity is false.

thegreatdivide wrote on Apr 12^th, 2023 at 9:33pm:



A "depression" was my own opinion.

I never believed in funny money.
Our money should have been backed by Gold  -
if it was - an ounce of Gold would be worth over   US $100,000
maybe even US$200,000 -
that's how much money they have printed - it's ridiculous.