ausdallas.bsky.social
Retired and moved from Sydney to Tasmania. Restoring two heritage listed Georgian cottages. Want a fair society and a liveable planet which unfortunately our duopoly government is failing to deliver. Into macroeconomics, Chaucer, cooking and preserving.
242 posts
190 followers
292 following
Getting Started
Active Commenter
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Nothing. It's simply removed.
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No it's how a fiat currency works.
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No they aren't. Spending and taxation are separate operations. Deficits are the norm and are almost always required. Australia has run deficit budgets for almost our entire history since Federation.
Australia’s Dangerous Myth of Taxpayer Money 👇
realausprogressives.wordpress.com/2021/02/05/a...
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The federal govt is the monopoly issuer of the currency. They create new money for every dollar they spend.
There are many sources I could reference. Here's one. It's from the US, but our currency in Australia works the same.
The Myth of Taxpayer Money 👇
www.thecrimson.com/column/a-tim...
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That would be a great thing to do because they consume too great a proportion of our real resources. But taxes don't pay for federal govt spending. The existence of poverty is the political choice of our government.
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Are you a RWNJ?
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Why? It's a question so many disappointed progressives would like answered. Why the fuck were they so timid? We needed progressive policies and responsible climate action. We got tinkering at the edges and climate vandalism.
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Yes they are better than the shit party. But it's a very low bar. They should have done so much more. Raising jobseeker above the poverty line should have been a first 100 days priority. Why wasn't it?
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"Stop calling it the national debt" 👇
evonomics.com/isnt-time-st...
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That is their aim. If that were to occur, the bastards would have won.
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Highlights the fact that:
"Superannuation isn't a retirement income system – we should scrap it" 👇
theconversation.com/superannuati...
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Labor continues to disappoint.
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And that's the position of the Australian Government which can NEVER run out of Australian dollars. What a pity they don't understand that that's the case. Imagine what they could do if they did.
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Well... It IS a duopoly after all. Gotta look out for your fellow duopolists.
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Couldn't
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I'll be putting ALP second last.
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But they did. So many of them elected him for the second time.
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Everyone should be treated equally. Wait times for things like hip and knee replacements in the public system are atrocious. Private patients get in in a couple of weeks. It's rationing according to wealth.
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It would be if private health care was abolished, or at least not subsidised.
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And Albo has tried so hard to get them on side. He must be feeling so hard done by.
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Not in any way defending the shit party, but the broken NACC is Labor's fault.
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It just highlights the anti-democratic nature of American "democracy". Add in the electoral college, the easy ability to gerrymander and commit vote suppression, your 2 senators per state and the inordinate amount of power afforded to your elected king and your system is seriously fucked.
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Perhaps you could direct your ire at your stupid first past the post voting system.
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FFS! The goatherders' guide to land rights.
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Or we could just pay all retirees a liveable pension.
"Superannuation isn't a retirement income system – we should scrap it" 👇
theconversation.com/superannuati...
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It's not because of the MSM. It's because Labor has been a tinker at the edges gross disappointment.
Just because they are shit lite compared to the LNP's shit doesn't excuse their shittery.
The best we can hope for is that they are voted into minority government with a progressive cross bench.
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Bizarre. But it's how religious myths begin. They just make shit up.
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And Labor for embracing it so eagerly.
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The Greens have endeavoured to push Labor to be just slightly progressive. Unfortunately Labor prefers to bend to the wishes of the LNP
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A minority Labor govt with a progressive cross bench is our only hope.
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Cite an instance.
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I tried Threads for a while, but its algorithm drove me crazy. Same bullshit as Twitter and Facebook.
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If reckon it's because Trump demanded he do it - so he can spew forth his bullshit.
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We wanted media concentration addressed. We got sucking up to Murdoch. We wanted Medicare to work again and dental in Medicare. We got less bulk billing and no dental.
We wanted a progressive Labor govt. We got timid shit lite that would prefer to vote with the LNP than even talk to the Greens.
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All too late. We wanted meaningful climate change policies. We got more coal and gas. We wanted poverty addressed. We got continued persecution and starvation of the unemployed. We wanted housing addressed. We got a continuation of negative gearing and housing for investment instead of as homes. ->
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About to trade our ageing SUV for an EV. Tesla is NOT on my test drive list.
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Yes, high interest rates coupled with surplus budgets and it's an unemployment double whammy.
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Except the people you've very deliberately kept in abject poverty. Poverty is a political choice. You've chosen it for far too many.
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Was continuing to subject Jobseekers to abject poverty one of your highlights?
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Deficits are the norm and are almost always required. Surpluses contract the economy and create unemployment. Australia has run deficit budgets for almost our entire history since Federation.
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You need to learn that the federal govt doesn't need income in order to spend. It spends by issuing the currency.
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It's public money. Taxes don't pay for federal govt spending.