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No matter which way you cut it, Australia’s per capita economy is sick. Household incomes are going backwards, and per capita GDP is in recession. It is only Australia’s extreme population growth that is keeping Australia from a ‘technical recession’. And this is coming at the expense of productivity, amenity, housing affordability, and wage growth.
Per Capita outcomes are the primary measurements that Governments, economists and the media should be talking about. But of course they wont, because it is much easier to import migrants and report headline GDP growth than actually earning it the hard way through productivity.
originally posted by: TheConstruKctionofLight
Now here's some fun facts, people are working longer for the same pay, hasn't been any real pay increases for a while. We're probably in a recession.
originally posted by: tanstaafl
originally posted by: TheConstruKctionofLight
Now here's some fun facts, people are working longer for the same pay, hasn't been any real pay increases for a while. We're probably in a recession.
Was about to declare this fake news until I saw you were talking about the down under.
Sounds like you need your own Trump down there...
They should anoint Steve Smith, looks like the guy can do everything.
originally posted by: TheConstruKctionofLight
WTH? I could if I was bothered go through some figures about Trumps "success's" like tax breaks for the super wealthy
Sounds like you need to reread threads at least twice before invoking "God Trump"
originally posted by: TheConstruKctionofLight
a reply to: tanstaafl
WTH? I could if I was bothered go through some figures about Trumps "success's" like tax breaks for the super wealthy etc but it'd be wasted on the Trump sycophants, especially as they're quick to assume and lack rudimentary comprehension skills.
Sounds like you need to reread threads at least twice before invoking "God Trump"
originally posted by: chadderson
Ya heard about the legend of Jessie James? John Henry just to mention some names...
There's a truck driving legend in the south today.
A man called Bandit from Atlanta, GA.
originally posted by: TheConstruKctionofLight
a reply to: tanstaafl
Yeah...promises that he knows he can't keep,
just another globalist looking after his handlers who allowed him to get that far in US politics.
Those petty tax cuts are just crumbs,
while the debt keeps ballooning.
And again the thread was about rushing into oblivion.
Any thoughts on Australia? Or is it asking too much of you and your myopia
www.thebalance.com...
Sorry that the “real world” has finally made it to the Land Down Under.