Do Not Obsess About Debt, Obsess About the Vitals
By Darren Quinn Professors Edmond, Holden, and Preston are mistaken in that Modern Monetary Theory (MMT) says we should not worry about budget deficits. The effects […]
Debt.
Malcolm Fears neither Debt nor the Conservatives.
What a monumental turn around. In a newspaper interview this week, Prime Minister Malcolm Turnbull has shrugged off the Abbott-Hockey debt and deficit rhetoric and […]
My Thoughts on the Week That Was
Saturday May 30 1 I put on the telly this Morning to find Greg Hunt giving a press conference self-congratulating himself on the UNs decision […]
Chris Bowen misses an opportunity.
Yesterday Chris Bowen addressed the National Press Club to announce a Labor initiative to have the independent Parliamentary Budget Office prepare the forecasts to be […]
To my local member
Dear Ms Lucy Wicks, Thank you for your recent unsolicited advertising pamphlet. Unfortunately it contains a great many errors which I am sure you would […]
Maths is a marvellous thing
Like climbing mountains, maths is a marvelous thing. It is objective rather than a matter of opinion. It can’t be argued with. A fact is […]
Let’s be absolutely crystal clear about this
If you click on the official Prime Minister of Australia government page the first thing you will read is: “Over six years, Labor ran up […]
Would you buy a used car from this man?
The budget has been handed down and the salesmen have hit the road peddling their plan. The only trouble is they don’t seem to know […]
I refuse to live in fear!
The tactic of a bully is to keep their victims living in fear of what could happen so they are grateful when they don’t get […]
Abbott Solves World’s Problems! G20 Shocked About How Badly Labor Did.
Scene: Davos. “Hello, Hans, did you catch that Tony Abbott’s speech?” “No, unfortunately I was delayed. Was it good?” “Was it good? it was brilliant. […]
Davos Nothing to Do With David, and We Only Want Stronger Borders Sometimes.
“All models are wrong but some are useful.” George E. P. Box Now think of the economy like a household and think of government […]
Five Have an Economy to Save (apologies to Enid Blyton)
“The nicest word in the English language,” said Dick, “is holidays.” “Don’t be silly,” said Uncle Joe, “they’re bad for productivity.” “Well,” said Dick, “by […]
No excuses! Except that we have really, really good ones.
When Tony Abbott promised a “no excuses, no surprises government”, I must say I only half believed him. What I mean by that, is that […]
The Economy is Like a Giant Blancmange, Except that it’s Not.
Many people see the economy as like a household budget. You need to keep it all neat and orderly and manage it. Others see it […]
Hockey To Lift Debt Ceiling by 33%, and the Hypocrisy Level to an All-time High
If you search really hard, you’ll find some reporting of this: “The Federal Government’s debt ceiling could be raised to $400 billion in a bid […]