artsrc (he / him)

There is great beauty in software that is simpler than the problem it solves.

[artsrc (he / him) @art_src]

> .. deficits .. are not an economic sin but an economic necessity.

William Vickrey, awarded the 1996 Nobel Memorial Prize in Economic Sciences

https://t.co/GAGdRJZHBi

[artsrc (he / him) @art_src]

@B3ckrs @Lisa9Sophia @KosSamaras China's emissions have peaked and are now declining.

[artsrc (he / him) @art_src]

@SirRufio @BinManIan @Bruno9189427936 @Lisa9Sophia @KosSamaras Data centres can't tell if their electricity comes from the cheapest sources, solar and wind backed with batteries, or the most expensive, nuclear, or the ones that will destroy the climate we have depended on since the dawn of civilisation, coal and gas.

[artsrc (he / him) @art_src]

@mattsquair @saulkavonic @MayneReport New wind installations are massive:

https://t.co/xbECl36cms

Solar pv is even bigger:

https://t.co/UnslNdIKB7

Pumped hydro is mostly being outcompeted by battery storage.

[artsrc (he / him) @art_src]

@Gpmc862 @PoolsTracker @ben_nexhip @GrogsGamut I don’t have a problem with a couple deciding they want an income of $250K a year to be comfortable in retirement.

We don’t need to be taxing working people with an income of $80K more to reduce the taxes on people with an income of $250K.

[artsrc (he / him) @art_src]

@PoolsTracker @ben_nexhip @GrogsGamut For what is it worth, the transfer balance cap, $1.9M. is a value that makes more sense than $3M.

It is already a number that is indexed.

And there is no reason to allow any super balance beyond that amount, it should simple be return to the owner.

[artsrc (he / him) @art_src]

@PoolsTracker @ben_nexhip @GrogsGamut https://t.co/Cc904ezKb7

Inflation over the last 30 years caused a 2.3 times price increase.

https://t.co/3blhMfP7o3

ASFA estimates a couple need $690,000 for comfortable retirement, $350,000 each.

So you pay 30% tax on what is needed for comfortable retirement in ~70 years.

[artsrc (he / him) @art_src]

@saulkavonic @MayneReport Do you understand the logical difference between:

“Were made with ..”

and

“Were not possible without ..”

?

[artsrc (he / him) @art_src]

@PoolsTracker @ben_nexhip @GrogsGamut 30 years of inflation at 2.5% a year results in prices roughly doubling.

So in 30 years for a comfortable retirement you would need about $1.5M.

None of our taxes are indexed. There is plenty of time to address this if there is a problem.

[artsrc (he / him) @art_src]

@kristiesulliv Channel 9 is lying about the deliberate shooting of an Australian journalist.

Is this a deliberate attempt to destroy their own reputation?

[artsrc (he / him) @art_src]

@saulkavonic @MayneReport Electricity has always been possible without fossil fuels.

Wind and pumped hydro have not needed any essential breakthroughs in a century.

[artsrc (he / him) @art_src]

@ben_nexhip @GrogsGamut The purpose of super tax concessions is to help people have a comfortable retirement.

With $2.5M she will have 3 times what she needs for comfortable retirement.

[artsrc (he / him) @art_src]

@CSunvilla @gtconway3d The executive must defend the constitution, and faithfully execute the laws passed by the legislature.

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@chilloutpeoples @macsween_prue There are plenty of legitimate criticisms of the government so why present a list of .. rubbish?

For example, ambulances are a state responsibility.

[Protect Kamala Harris ✊ @DisavowTrump20]

🚨NEW: Bruce Springsteen calls out Trump: “The America I love - the America I've written about that has been a beacon of hope and liberty for 250 years - is currently in the hands of a corrupt, incompetent and treasonous administration"

RETWEET if you stand with @Springsteen!

[artsrc (he / him) @art_src]

@JustinWolfers Is there a contrarian argument?

Create a sense of risk about building factories outside of the USA, if you want to target the US market.

But actually not have any substantial tariffs, and have largely free and open trade.

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@RodBamberry @strangerous10 Giving a credit rating to an entity that can issue the borrowed currency is inane.

Australia can choose to never default on the nominal debt.

If Australia was borrowing gold or Euros this would be different.

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@mattjcan The LNP don’t need to wait for the cause of the outage to be investigated, because facts are not important to them.

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@Hayden227723 @KosSamaras If I trusted what I hear chatting the people the Greens would win.

My electorate voted Yes to the voice.

Your friends are not a random sample.

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@Kazz5b @KosSamaras The polls are always "wrong". *How* wrong, and in which direction?

We don't notice when polls are more "wrong", but the result is correct.

People, vote differently than they currently intend.

A systematic polling error of 2% is possible.

Dutton could have a good week.

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@Lisa9Sophia @KosSamaras The decline in living standards was caused by costs rising faster than wages.

The peak of the quarterly CPI in Australia, was March quarter 2022, 2.1%, before Labor was elected.

Prices are not going down, the solution to the cost of living crisis is higher wages.