83% of Australians want more government spending on cost of living.
12% disagreed.
It's not a Labor problem. 77% of Coalition voters agreed too.
Every party now backs spending that grows debt and undermines our future.
The problem isn't just the politicians. It's us.
Before the Great Depression, the Nazi party were a meme, the butt of jokes and ridicule, never getting above mid-single digits at elections.
Less than four years later Hitler was Chancellor.
This is part of why the current strategy by policymakers across too much of the West is so dangerous.
A country doesn't need to have a depression or even a recession for people to get economically and socially left behind, in fact, in some ways seeing others powering ahead while some individuals fall behind can be just as bad for a society's cohesion.
Throw in an actual recession or protracted financial crisis, driven by something like a sustained energy shock, and you have the recipe for the rise of extremism and a collapse of support for the status quo.
This sort of scenario was always going to be challenging to confront, but from the position of multi-decade failure driven weakness much of the West finds itself in, it would be even harder.
People should have listened to the warnings when they had the chance.
The Sun Is Carrying Us on an Incredible Journey Through the Galaxy! 🌌☀️
No rocket. No spaceship. Yet we're traveling through space at astonishing speeds!
As Earth orbits the Sun, our entire solar system moves through the Milky Way, carrying us on an extraordinary cosmic journey. We're all space travelers without ever leaving home! 🚀✨
#
A performance of the famous opera aria “O Mio Babbino Caro” from Giacomo Puccini’s opera Gianni Schicchi, sung by 10-year-old Amira Willighagen, accompanied by André Rieu’s orchestra
Wir waren mal Weltspitze.
Die besten Ingenieure.
Die besten Motoren.
Die besten Autos.
Dann kamen Klimaspinner der #Grünen und eine unsägliche #EU und erstickten jeden Erfindergeist im Keime.
Und jetzt schauen wir halt bedeppert aus der Wäsche und rühmen uns unserer „Moral“. #Irrenhaus
I put my headphones on, close my eyes and I'm transported to a magical place wishing that this song would never end.
🎻HAUSER - Song from a Secret Garden
Les français et les européens face à une innovation américaine.
Étape 1: le mépris
"Ahah Ça ne sert à rien. On en rigolera dans quelques années"
Étape 2: le déni
"Leur joujou est intéressant mais ils vont perdre un fric dingue à investir sur une technologie avec aussi peu de débouchés"
Étape 3: la peur
"Il faut absolument réguler très fortement le continent européen pour empêcher cette technologie de bouleverser nos sociétés. Ce n'est pas le Far West ici"
Étape 4: la panique
"Il faut investir dans un plan Marshall de centaines de milliards de dollars pour rattraper notre retard et ne pas dépendre des technologies chinoises et américaines. Notre souveraineté en dépend!"
Étape 5: Acceptance et rebelote
"Ok,on a perdu cette bataille mais c'est une bataille de toute façon parfaitement anecdoctique par rapport à la lutte contre le changement climatique, le racisme et l'extrême droite"
"Australian judge Andrew Muller refused to imprison the 16 year old teenage rapist because he found that the rapist didn’t know that rape was against Australian customs - he had “limited insight into societal norms in Australia.”"
This is insane.
The real equity issue in this budget is that Labor are telling us they need to borrow $267 billion of extra debt over the next four years to pay for their out-of-control spending. That is almost identical to the total value of the headline budget deficits that Labor say they will produce between now and 2029-30.
The fairness issue is that Labor is spending hundreds of billions of dollars borrowed from future generations to buy votes in the present. If it kept government spending as a share of the economy, or GDP, at 2007-08 levels, when Australia was doing very well indeed, the budget would swing from a projected $64 billion headline deficit to a surplus of about $23 billion. Rather than borrowing from future taxpayers, we would be reducing their debt burden.
It is un-Australian to overturn all the rules of the economic and investment game — adversely affecting millions of households and businesses in the process— with zero debate, discussion or notice. The accounting and legal costs alone will impose a small fortune on families and firms. How Labor thought they could get away with this daylight robbery is unclear. It must have something to do with dud polling…
https://t.co/tqOqGI6MEi
Honestly Albo, if you just kept the changes to existing homes, we wouldn't be here.
Instead it turned into a broader revenue raising exercise worth about 3.5 weeks worth of NDIS funding a year in 2030, with little gained in the short term. https://t.co/hx6cQFgIKc
Banks are already reacting to proposed negative gearing changes.
Borrowing power could drop 20% & pre-approvals are being reassessed.
Don’t sign without unconditional approval.
#Mortgage#HomeLoans#PropertyMarket
Passers-by in Dublin expressed shock after the death of Yves Sakila, a Congolese-born man who was restrained by security guards outside a department store https://t.co/UkTfyHVvLx
EXCLUSIVE: Innocent Canadians are being detained after their bag tags are switched in a drug smuggling scheme. This may just be the tip of the iceberg. https://t.co/GytJSEyyHk