Mitty

Actively try to disprove your own narrative. You might learn a thing or two.

[Mitty @mittyj00]

@grok @AshPolitik @AshPolitik I never picked you as a supporter of stripping from the poor to give to the rich, but here you are.

[Tarric Brooker aka Avid Commentator 🇦🇺 @AvidCommentator]

I have long advocated for changes to negative gearing and the CGT discount as it relates to housing.

Shorten was right about this in 2016 and 2019, which I have said before, both in print and on Twitter numerous times.

I'm not sure its a hard political decision.

Hard in times of complaining lobbyists, but politically neutral or perhaps advantageous long run.

[Mitty @mittyj00]

@AshPolitik add COVID to the list.

[Mitty @mittyj00]

@MikeBromley15 @bowtiedstocks @Harold36089778 Correct

[Mitty @mittyj00]

Repeat slowly. Think about it.

Inflation. Was. Rising. Even. Before. The. Oil. Shock.

[Stephen Koukoulas @TheKouk]

It is still somewhat odd that the RBA is the only major central bank to be worried enough about inflation to be hiking, doing it 3 times & now have a 4.35% rate.
In the last few weeks, the US Fed, the ECB, RBNZ, Banks of England and Canada have all passed on hiking even with the oil shock impacting inflation in much the same way as in Australia

[Mike @MikeBromley15]

@DaveTaylorNews The magic pudding situation where you get to keep rates low and avoid inflation and avoid less growth doesn’t exist so thankfully the adults are making decision to try and minimise the worst case which is higher inflation for longer.

[Mitty @mittyj00]

@van00sa WA just bought a Diesel reserve! Awesome! 6 hours worth......

[Mitty @mittyj00]

Exquisite from Andrew Bolt. Hits the nail on the head.

https://t.co/1gFrb0IH39

[Mitty @mittyj00]

@kazza264 @BLUEfingers2021 I'm an EV owner, but there is no "just buy an ev instead" for 90% of people....

[Mitty @mittyj00]

Just to be clear, I'm not refuting @TMFScottP's point, he is correct. I'm only expanding on it. It's past due we do a critical analysis of our entire supply chain and take out insurance. The next supply shock will be 100 times worse, and it could be sooner than expected.

[Mitty @mittyj00]

If I buy a Ferrari, and don't insure it, sure I'm a little richer. But then if someone else runs into it, sure I can say it wasn't my fault - but I'm now down a Ferrari and much worse off.

Australia failed to insure itself, to make itself a little richer, for a while.

[Scott Phillips @TMFScottP]

I know we all know this, but it bears repeating that the fuel issues we're having are the result of a US administration that thought starting a war was a good idea.

The same bully who then said 'unless you join my gang you can go to hell'.

Totally avoidable.

[Mitty @mittyj00]

@jeff32567916 *when

[Mitty @mittyj00]

@AshPolitik Albo could murder someone on live TV and you'd claim it was a good thing and done out of compassion. You are the one who will always vote a certain way.

[Mitty @mittyj00]

@Go_Crene @rationalaussie what allies are rationing?

[Mitty @mittyj00]

@DrewPavlou @andrewbogut I'm fat. Call me fat if you like.

[Mike @MikeBromley15]

This is the type of magic pudding politics that has got us into this position. I have a diesel car, I’d love relief, it’s a terrible idea when there’s very real supply issues. Having me drive less because it costs more is an important tool governments should not concede.

[Mitty @mittyj00]

@matt_barrie @matt_barrie respectfully disagree that the excise should be cut (yet). We shouldn't be stimulating demand in a supply crisis. Maybe once supply has normalised. No point in having cheaper Diesel when you can't buy it.

[Mitty @mittyj00]

@pikey14 https://t.co/67PjRZk82n
https://t.co/PUewEwxkS6

[Mitty @mittyj00]

@Peter_Fitz @grok C’mon Pete! This from you who consistently defends (rightly so) your columns being behind a paywall.