OT: Current Affairs and Politics

[hindy111]

And so anyone who wants to not agree with you is a right wing nut job yeah? I just mentioned some things we are struggling with and not any side of politics or who's fault.

 

[hindy111]

Here's your source

Australia’s fall in disposable income is the worst in the world

Australia experienced the largest fall across the OECD over the past two years. Economists say it will take another two years to recover.

www.afr.com

 

[hindy111]

Maybe we need a new term

The LWCB

 

[Gronk]

Here's your source

Australia’s fall in disposable income is the worst in the world

Australia experienced the largest fall across the OECD over the past two years. Economists say it will take another two years to recover.

www.afr.com

From your link.



I think the takeaway from this is that Australia's economy was lagging behind the OECD. When it was dipping in March 2021 we were up, when they started to drop there was a 6 month period until that reached us.

Yes, Australia’s post-COVID economic recovery has been notably slower compared to other (OECD) economies, mostly due to its geographic isolation and global supply chains. We rely heavily on imported goods, particularly in sectors like manufacturing and retail, where supply disruptions have caused delays and increased costs. Disruptions, along with reduced demand for our exports ~ commodities ~ have constrained the economy's ability to bounce back quickly.

Source and Source

BUT as I said we are behind the wave and our major contraction is behind us. You will note that some countries have already enjoyed their spike and their economy has shrunk back.

 

[the phantom menace]

Your right. No housing crisis. No people struggling.

People are struggling, no doubt. However this is usually always the way of the world. The panic and pointing fingers at a government of a day to feel better doesn't actually help or result in any meaningful relief.

Chalmers is right to be eyeballing our Reserve Bank for their stance on interest rates - the constant rises after the state Scomo left the economy in, but also their reluctance to start to lower those rises to give people relief in terms of housing costs (rent or mortgage) and to have a deflationary effect to start to lower those flow-on overall costs of living.

Let's laugh at USA.
Haha they're f**ked

We're not laughing at the USA - there's an election in two months that is worth discussing, for its potential world impact. An allegedly dodgy character is a chance of becoming President... less chance than a month ago, but still a chance no less.

 

[the phantom menace]

And so anyone who wants to not agree with you is a right wing nut job yeah? I just mentioned some things we are struggling with and not any side of politics or who's fault.

I never RWNJed you.

Just pointed out true source of knee jerk panic statements floated about in the media.

 

[the phantom menace]

Here's your source

Australia’s fall in disposable income is the worst in the world

Australia experienced the largest fall across the OECD over the past two years. Economists say it will take another two years to recover.

www.afr.com

Thank you. Now that's a discussion starter...

 

[hindy111]

People are struggling, no doubt. However this is usually always the way of the world. The panic and pointing fingers at a government of a day to feel better doesn't actually help or result in any meaningful relief.

Chalmers is right to be eyeballing our Reserve Bank for their stance on interest rates - the constant rises after the state Scomo left the economy in, but also their reluctance to start to lower those rises to give people relief in terms of housing costs (rent or mortgage) and to have a deflationary effect to start to lower those flow-on overall costs of living.

We're not laughing at the USA - there's an election in two months that is worth discussing, for its potential world impact. An allegedly dodgy character is a chance of becoming President... less chance than a month ago, but still a chance no less.

Discussing? A discussion is listen and taking into account another person's opinions and point of view whilst voicing your own. Disagreeing ,Posting nemes and calling people RWNJ or Cookers is not duscussing . That's just being a dickhead.

 

[hindy111]

None of us understand America or how it works let alone their politics.

 

[the phantom menace]

Discussing? A discussion is listen and taking into account another person's opinions and point of view whilst voicing your own. Disagreeing ,Posting nemes and calling people RWNJ or Cookers is not duscussing . That's just being a dickhead.

You haven't put an opinion or point of view, other than the casual mentions of issues in the first post. What do you want to say about those things - other than that you don't want anyone else talking about USA?

I never called you a RWNJ or cooker - a little sensitive today perhaps?

Posting memes? Guilty I'm afraid...

 

[hindy111]

You haven't put an opinion or point of view, other than the casual mentions of issues in the first post. What do you want to say about those things - other than that you don't want anyone else talking about USA?

I never called you a RWNJ or cooker - a little sensitive today perhaps?

Posting memes? Guilty I'm afraid...

I'm on my periods

 

[hindy111]

 

[Gronk]

None of us understand America or how it works let alone their politics.

<cough>

 

[hindy111]

<cough>

View attachment 93505

 

[hineyrulz]

We're not laughing at the USA - there's an election in two months that is worth discussing, for its potential world impact. An allegedly dodgy character is a chance of becoming President... less chance than a month ago, but still a chance no less.

And trump is a chance as well………..

 

[hindy111]

Hey Gronk are you on Molly or Rack?

 

[Gronk]

Hey Gronk are you on Molly or Rack?

I prefer Molly with a big rack.

 

[Gronk]

That'll learn 'em.

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