lol and wtf: Unemployment falls a whole bunch (1 Viewer)

[blue_chameleon]

In that sense, I agree. But casual rates of pay are higher and we've got it a hell of a lot easier than other countries. There's only so much a government can do. It's a global problem.

Er, that doesn't make any sense.

 

[moll.]

In that sense, I agree. But casual rates of pay are higher and we've got it a hell of a lot easier than other countries.

And casual workers typically get about 10-20 hours work per week. In this case, casual loading would have to be somewhere between 100% and 300%
Last I checked it's only 20%

There's only so much a government can do. It's a global problem.

I believe Rudd's said this, or something similar, many times. The great irony is that has also said that running up a huge deficit is necessary to keep Australia out of recession.
"Wha?!"

EDIT: Gillard on stimulus plan - "What we can do, and what all of the economic advice to us makes absolutely clear, is if you act to stimulate the economy, which we are doing, then that makes a difference to support jobs, and without that economic stimulus unemployment would be worse."
http://www.livenews.com.au/news/gov...-entire-budget-blowout-coonan/2009/5/1/204844

Rudd on the inevitable recession - "A huge slice of our economic activity comes through the traded sector of our economy. If the global economy therefore is shrinking … then it's going to have roll-on consequences for our growth, our jobs and our budget."
http://www.smh.com.au/national/recession-almost-inevitable-pm-warns-20090322-95mc.html

 

[S.H.O.D.A.N.]

I'm so disappointed. Turnbull's message was finally making sense and getting through to the elctorate this week.

Um, no, it most certainly wasn't. Especially considering he didn't really have a 'message'.

 

[incentivation]

I believe Rudd's said this, or something similar, many times. The great irony is that has also said that running up a huge deficit is necessary to keep Australia out of recession.
"Wha?!"

.

 

[S.H.O.D.A.N.]

There is a sampling error to the employment figures. They are not exact. They are derived from what is essentially a poll.

This is most certainly outside the sampling error, Rafy, and you know that.

 

[moll.]

Um, no, it most certainly wasn't. Especially considering he didn't really have a 'message'.

Yeah it was. With the release of the budget expectations this week, the Coalition had been having a field day with the six years of deficit expected, hammering home how "World War II was six years, and no-one expected that to be over quickly".

 

[Lentern]

Um, no, it most certainly wasn't. Especially considering he didn't really have a 'message'.

The Bronwyn Bishops of the world whom I am temporarilly placing you in the cmopnay of need to shutup. Under the circumstances Turnbull is showing exceptional leadership. Rudd is exceptionally popular and is a very skilled politician, the polls reflect that not Turnbull's failure. Malcolm once he became leader did all the personal stuff about how his dad was his hero and he smoked pot when he was young, sensible he has now put his head down and began plugging away at the negative economic indicators.

His opposition to the stimulus was the right move, the economy is goign to get worse before it gets better and when it does get worse people will invariably begin to question whether or not a different strategy could have curtailed the problem better. He and Hockey are both excellent communicators and have wisely made debt the main topic of conversation. Debt allows Turnbull to get the best of both worlds,
1) imagine if we didn't have a gazillion dollars of debt to pay off.
2) Imagine all the long term infrastructure that mountain of money the government has thrown around could have built.

The job rise has been incredibly bad luck for Turnbull. I as most people did expected it to plummet in which case Turnbulls "three important things: Jobs, jobs and jobs" would have been dynamite. I believe these figures are abberations and the next ones will show a significant drop in unemployment so Turnbull shouldn't abandon the strategy. He needs to stay on target and keep pumping the message. Until the next figures come out he should say that the government has created nowhere near as many jos as it should have done and that he would have created more for less debt. Some people will raise their eyebrowes but there won't be an election in the next six months and when unemployment does start rising Turnbull's message will carry the day.

If Hockey is loyal to Turnbull then this time next year it'll be game on, Turnbull set to take in excess of twenty seats from Rudd. But if Joe is in it for his own leadership ambitions alas it will be an unpleasent 12 months for the liberal party(sans Costello and his divide and conquer strategy).

 

[Laika_]

well ill be fucked

i agree with lentern

 

[Lentern]

well ill be fucked

i agree with lentern

Don't confuse what I said to be what I hope for. I personally do not agree with all the things Turnbull says merely I acknowlege that they are politically sensible.

 

[Laika_]

so u r sayin he is a maaaddd cunt

 

[Lentern]

so u r sayin he is a maaaddd cunt

I think Turnbull has shown easilly the greatest political instincts of any major party leader I have ever seen except perhaps Beattie. From leaking the cabinet arguement about Kyoto in 07 to his press club address the other day the only thing I can really fault him on was challenging for the leadership so early. He should have left Nelson take the blows for another eight months or so and would have had way more security in his position.

 

[Graney]

Jobs haven't been created, clear anomaly. The measures of unemployment are bullshit.

Job ads fall for 12th straight month | Business | News.com.au

Much more reliable measure of the state of the employment market. Total job ads have fallen 49.9% over the last year.

This hasn't even begun.

 

[Will Shakespear]

So what's to say that Rudds stumulus packages did not contribute to this?

Lisa: By your logic I could claim that this rock keeps tigers away.
Homer: Oh, how does it work?
Lisa: It doesn't work.
Homer: Uh-huh.
Lisa: It's just a stupid rock.
Homer: Uh-huh.
Lisa: But I don't see any tigers around, do you?
[Homer thinks of this, then pulls out some money]
Homer: Lisa, I want to buy your rock.

 

[Graney]

This is most certainly outside the sampling error, Rafy, and you know that.

I'm sure you'll be happy to tell us what the exact size of the sampling error is.

 

[Rafy]

+-0.4%

95% confidence interval, which means every 1 in 20 months you'll get a figure even further outside that range.

 

[ktinn]

Does taking out a 12 billion dollar loan to pay for low income earners shit make sense to people?

Do people not realise that this 12 billion in cash handouts will need to be repayed with interest???

Fucking socialist government.

 

[moll.]

Does taking out a 12 billion dollar loan to pay for low income earners shit make sense to people?

Do people not realise that this 12 billion in cash handouts will need to be repayed with interest???

Fucking socialist government.

Makes sense if you want to stimulate the economy, as Rudd did. Details required a hell of a lot of improvement though. But it makes more sense than giving it to high income earners. Low-income earners will at least spend it.

 

[Lentern]

Does taking out a 12 billion dollar loan to pay for low income earners shit make sense to people?

Do people not realise that this 12 billion in cash handouts will need to be repayed with interest???

Fucking socialist government.

Debt has nothing to do with socialism versus capitalism. A socialist government might tax 100 dollars of revenue and spend 95 of them. When you say stupid things like that you undermine the arguements of some very intelligent, reasonably minded people who think debt is a bad thing.