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eamonmcnelis.bsky.social
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In 1974 Australian workers (aka. the people who create all the wealth) received 55.9% of GDP in wages. Today it's 47.9%. If that share increased back to 1974 levels it would mean workers would, collectively, be $220 billion better off (more than $15,000 per employee, per year).🧵

submitted 96 days ago • 1 comment

When Govt ministers talk about the National Economy like its a household, the question is - do those ministers simply know nothing about economics or they know about economics and are just lying to the public?

submitted 96 days ago • 7 comments