Grappler Deep State Feller wrote on Dec 24^th, 2022 at 12:23pm:


The Kouk is not "half educated", he is a graduate of the ANU, but he is a neoclassical economist which means his understanding of macroeconomics is flawed.

Of course you have no understanding of macroeconomics beyond free market valuation, which means your contribution to economic thought will be zero. 
Hence no answer to #159.

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Yes...immigration, so the govt. can avoid skilling its own population (which costs public money).

The IPA love immigration and the insane policy of perpetual growth.

Grappler Deep State Feller wrote on Dec 24^th, 2022 at 1:14pm:


No, I'm claiming that even fully-educated minds like the Kouk can be wrong, when it comes to a complex system like the macroeconomy.  

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The accepted (but erroneous) orthodoxy is best not described with the term 'half-educated - but with the term "groupthink".

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Apart from terminology (explained above), I'd agree with you. But the interaction of geopolitics, technological advance, and the macroeconomy has been too complex throughout history for economists to correctly understand .

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Very clever.

But economic truth (MMT) is slowly gaining traction like heliocentricity ousting the geocentric model.

Lets have a sane look at the claim.

The Public Holiday on Tuesday will cost the economy $2 B.

Now when you consider that likely 80% plus will take the day off as a holiday anyway just where is this productivity going to come from?

Considering that the miserable authoritarians allow the sales and service and food industry to be discriminated against with the lowest wages and most miserable excuse for penalty rates that does not look a great prospect for $2B in savings ? Essential services ? Nup not there either.

Looks like this clown made this pronouncement without bothering to turn his brain on first.

Grappler Deep State Feller wrote on Dec 27^th, 2022 at 7:27pm:


For the economists that make it onto TV the rate would be about once every 24 years. If they were real economists they would make much more by not being on TV.

thegreatdivide wrote on Dec 23^rd, 2022 at 11:16am:


Men work in  child & aged care as well as women .... they are paid the same as there female counter parts...

being a low paid job has nothing to do with women being paid less then men i.e. gender pay gap ....

it's just that they require a pay rise across the board. 

It's an hypocrisy to call it a "gender" pay gap anyway .... in light of the fact that gender is classed as a social construct.

It should be - if it actually existed - a female pay gap.

200 yrs of dispossession & discrimination? Perrlease .... there's not a Black or white Aboriginal alive today that is suffering either.
In the last 70 years there has been hundreds of billions spent on Aboriginal specific programs of housing, health & education & in the last 2 decades vast swathes of land have been handed back control to Aboriginal groups all over the country.

Where have you been?

Too busy with your ideologue rhetoric?

Considered intervention?  Don't make me laugh.

There was a considered intervention policy implemented in the NT which involved banning of grog in communities & the cashless debit card.

It was whinged about as discriminatory by the very people whom it was designed to assist & the moment Labor won the Territory elections they rescinded the policy. Starving/neglected kids & the rates of DV & child sexual abuse started to increase.

Jacinta Price is not "black" as soot like her mother but she is still very brown ....she doesn't look white at all. Did you ever consider she wears make up that makes her look a bit paler?

Emma King is a shyte load whiter than Jacinta Price & much more European featured.

You're all piss & wind ... how come you didn't mention the job guarantee & the CDEP - again?

thegreatdivide wrote on Dec 24^th, 2022 at 1:04pm:


Yes - public/taxpayer money .... not govt. money - they don't actually have any - unless they print some.

Gnads wrote on Dec 28^th, 2022 at 11:27am:


You are catching on.

Note: at present, the privilege of "printing" money** is reserved for private sector banks.

[Currently, central banks though part of government, cannot fund government]

**creating money is the actual process.

Which is why governments are forced to rely on "taxpayer money".

However there is no reason - other than ideology -  why a currency-issuing government with its own treasury and central bank cannot ALSO create its own money, alongside the private sector, as long as the resources, goods and  services are available for purchase by the government. 

...without recourse to "taxpayer money".