Blogotariat

Oz Blog News Commentary
A Senex View Wednesday, February 12, 2020 - 11:06 Source

…instead of saying they want to reduce government deficits and debt, supporters of “fiscal consolidation” and other such policies should say that they want to lower growth and lower private sector net saving, since that’s what the impact of their policies is likely to be. At the very least, supporters of austerity should indicate which of the other two balances will be reduced along with the government’s budget deficit, and how they will do this. The budget deficit cannot be reduced without reducing the private sector surplus and/or the current account deficit.

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A Senex View Tuesday, February 11, 2020 - 11:01 Source

Previously we examined the Treasurer’s opinion piece from the Fin Review with our progressive and modern monetary frame and now we examine the message contained within.

From that frame we learned the Treasurer at least admits we are not investing enough in childcare and perhaps schools.

The Government is currently reducing its ‘real spending growth’ thus is removing the real income effect from Australian households and businesses. This is a deliberate lowering of investment in Australians.

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Ambit Gambit Wednesday, January 8, 2020 - 11:35 Source

Last night I was interviewed by TRT – Turkey’s answer to Al Jazeera – on a panel moderated by Adnan Azwaz on the Australian fires. My fellow panellists were Professor Mark Howden and Tony Kevin. Azwaz did a good job, and his courteous approach to moderation could teach Tony Jones a thing or two, although he […]

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Under The Milky Way Saturday, January 4, 2020 - 10:32 Source

#LibNatClimateApology

What I really think is that all Federal Liberal and National Ministers since 1995 should publicly apologise to the people of Australia for seeking to delay, undermine and prevent effective action on Climate Change.

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Under The Milky Way Friday, January 3, 2020 - 23:38 Source

January 2nd 2020

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Thursday, January 2, 2020 - 13:26
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Thursday, January 2, 2020 - 13:26
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Hoyden About Town Thursday, January 2, 2020 - 13:26 Source

Emergency information

Fires Near Me (NSW), Vic Emergency (Victoria)

Context

These photographs were taken on 28 December on Bells Line of Road, which runs between western Sydney and Lithgow. Bells Line of Road is the northernmost of two road crossings of the Blue Mountains between Sydney and western NSW.

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Monday, December 30, 2019 - 10:00
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oecomuse Saturday, December 21, 2019 - 09:37 Source

As one of the longest and hottest days of the year dawned, Australians woke up to the news that two volunteer fire fighters, Geoffrey Keaton and Andrew O’Dwyer, are dead. The photos, published by the NSW Rural Fire Service, of each man smiling proudly and holding his baby for the camera are gut wrenching. They are western Sydney dads in their 30s, Aussie everymen.

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Sunday, December 15, 2019 - 14:39
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Sunday, December 15, 2019 - 14:39
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Wednesday, December 11, 2019 - 10:48
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A Senex View Wednesday, December 11, 2019 - 10:48 Source

Michelle Grattan from The Conversation puts it best.

When five former fire chiefs held a news conference on Thursday to urge the federal government to take more action on climate change, it was a challenging moment for Scott Morrison.

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A Senex View Tuesday, December 10, 2019 - 10:44 Source

Australian Treasurer Josh Frydenberg has an opinion piece in the Australian Financial Review today, the complete article can be read on the Treasurer’s website.

What I have written below is a re-write of the Treasurer’s article from a Modern Money and Australian Real Progressive frame.  Let’s see what the Treasurer really has to say.

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A Senex View Monday, December 9, 2019 - 10:43 Source

Originally posted at Australian Real Progressives

By now you have probably noticed Australian Real Progressives has a rather heavy focus on jobs.  This is because 2 million Australians are looking for work or more hours.

Anthony Albanese

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A Senex View Friday, December 6, 2019 - 11:08 Source

Phil Lawn

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A Senex View Thursday, December 5, 2019 - 11:07 Source

“So far as it can humanly contrive, never again will the dole queues be seen in this country. Never again will competent workmen stand idle for months and years while limitless work remains to be done. Never again will young men drift hopelessly from town to town and from State to State, searching for the jobs which, in all this wide land, did not exist for them.”

Ben Chifley, 1949.

 

It is a stark and painful reminder of the follies of the last century that what was a powerful statement of factual accomplishment in 1949 is today seen as the dreams of the delusional.

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A Senex View Tuesday, December 3, 2019 - 11:05 Source

In my previous post I outlined why jobs don’t come from rich people: capitalism runs on spending (sales), not savings. Job opportunities appear naturally when businesses forecast sales growth and expand output accordingly (and similarly disappear under reverse conditions). When viewing the economy as a whole, we can observe that private sector investment responds to rising incomes and spending as entrepreneurs expand output to match market demand and banks have confidence lending. In the absence of spending growth, accumulated savings do nothing.

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Under The Milky Way Tuesday, November 19, 2019 - 21:54 Source

The thing is, Democracy will end.

At some point the current dominant expression of Democracy – Universal Franchise with mass political parties and redistributive taxation – will fail to deliver solutions to urgent problems: Climate; Migration;War; National Sovereignty – and it will be discarded for something else.

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Under The Milky Way Sunday, November 10, 2019 - 21:52 Source

Talking Politics

I have just discovered the excellent Podcast Talking Politics which discusses UK, US and European and International Politics.

You must subscribe to Talking Politics. It is put together by David Runciman of Cambridge University and provides commentary and analysis in the best British academic tradition – informed, fair, objective, funny. It is absolutely brilliant.

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Saturday, October 19, 2019 - 11:07
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Saturday, October 19, 2019 - 11:07
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Hoyden About Town Saturday, October 19, 2019 - 11:07 Source

I have awoken with the urge to blog for the first time in many moons and offer you this otter doing a backflip at Capron Park Zoo in Massachusetts.

a river otter has pushed off from a rocky outcrop to do a backflip into deep water

The otters do back flips over and over | Ben Spark on Flickr (CC BY 2.0)

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Sunday, October 6, 2019 - 17:07
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Sunday, October 6, 2019 - 17:07
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Thursday, October 3, 2019 - 21:47
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Thursday, October 3, 2019 - 21:47
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Friday, September 27, 2019 - 13:43
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Friday, September 27, 2019 - 13:43
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