Scott Morrison's imploding act

 

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Posted last year

  Groundrelay Chief Commissioner

Location: Surrounded by Trolls!
What's Morrison doing about the drought in this country?! he's over in Fiji tonight having watched the PM'SXI smash Fiji in the Rugby League, shouldn't he be back here pledging to build dams for the Farmers?
lsrailfan
He's back now.
One new and one upgraded dam in NSW announced. There's still no national strategy for drought and water management.

Dams are politically popular. Still need rain and as average temperatures continue to rise, the land will dry out quicker and evaporation and transpiration rates will increase. Too much water is wasted through inefficient irrigation and open channels whilst recycling of waste water is almost unheard of here.

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  bevans Site Admin

Location: Melbourne, Australia
https://thenewdaily.com.au/news/national/2019/10/15/scott-morrison-drought/ under the pump on the Alan Jones Show.
  Carnot Chief Commissioner

https://thenewdaily.com.au/news/national/2019/10/15/scott-morrison-drought/ under the pump on the Alan Jones Show.
bevans
Rural economies have been torn to shreds by neo-liberal economics and greed.
  lsrailfan Chief Commissioner

Location: Somewhere you're not
Scomo doesn't get it!! he was asked simple questions this morning on the AJ Program, and responded with complete gobbdly gook! , can we please have another Election now??
  Dangersdan707 Chief Commissioner

Location: On a Thing with Internet
Scomo doesn't get it!! he was asked simple questions this morning on the AJ Program, and responded with complete gobbdly gook! , can we please have another Election now??
lsrailfan
Doesn't ever politician do that? Avoid the question and the problem being discussed, simples.
  don_dunstan Minister for Railways

Location: Adelaide proud
https://thenewdaily.com.au/news/national/2019/10/15/scott-morrison-drought/ under the pump on the Alan Jones Show.
Rural economies have been torn to shreds by neo-liberal economics and greed.
Carnot
I'm in two minds about this. On the one hand I think ScoMo was ambushed by Jones today - people have been walking off the land in droves in recent decades and it's not slowing down. As we've been discussing prolonged localised droughts are a part of the landscape in this country, its really unfortunate when people are hard up against it in because of drought combined with commodities busts, price manipulation etc etc.

On the other hand rural and remote people have born the brunt of government service cuts: There's been relentless cutting of jobs, removal of money, mis-management of water and other resources by the Commonwealth and various states; country people have a right to be angry, the LNP and their Labor mates have certainly accelerated the Thatcherite financialised-everything agenda till it creates wholesale national poverty. It's about time MP's were made aware of the fact that people aren't happy, 7+ years of below-inflation wages growth all over the country and people city and country are seeing their living standards actually go backward.

The other really bad news is we look to be joining countries like Japan and the EU with negative interest rates - 0.75% doesn't seem to be enough to kick this thing in the guts. Interesting times.
  don_dunstan Minister for Railways

Location: Adelaide proud
Scomo doesn't get it!! he was asked simple questions this morning on the AJ Program, and responded with complete gobbdly gook! , can we please have another Election now??
lsrailfan
Yeah but Jones was brow-beating him - I don't know why. Hell, if the LNP can't even trust 2GB to give them an easy ride any more who can they trust any more!
  RTT_Rules Dr Beeching

Location: Dubai UAE
Scomo doesn't get it!! he was asked simple questions this morning on the AJ Program, and responded with complete gobbdly gook! , can we please have another Election now??
Doesn't ever politician do that? Avoid the question and the problem being discussed, simples.
Dangersdan707
Step back a bit and look at both sides of some of these questions.

People often direct straight often leading questions that akin to the ol' "Do I look fat in this?" from the wife for which we all know there is no right answer.

Politician's especially the PM has the big picture to deal with and for their own sake need to avoid getting to committal or tied to single topic issues such as;
- Should we spend more on health?
- Should we spend more on child welfare?
- Should we spend more on education?
- Should we spend more on police?
- Should we spend more on PT?
- Should nurses be paid more?

Where will the money come from?
  RTT_Rules Dr Beeching

Location: Dubai UAE
https://thenewdaily.com.au/news/national/2019/10/15/scott-morrison-drought/ under the pump on the Alan Jones Show.
Rural economies have been torn to shreds by neo-liberal economics and greed.
Carnot
I'll throw this back at you. What else do we expect them to do?

As Don said above the country is always in drought, if not its only a few years away.

If you are running a sheep / cattle farm and it doesn't rain for +3 years, then your livestock need to move or be sold/killed, you have no income, sooner or later the owner / farmer is going to have to leave to get a job to pay for their lively hood and repair of the farm once it rains again. If they are corp owned, the company just fires the workers until they are again needed.

A farm is a business, like all businesses there are good and bad times, why should farmers be treated any different, but they get a much smoother ride and govt assistance compared to others.

Comments of farmers caring for the land, yeah well, I've spent alot of time on farms, I don't agree with this completely. There are alot of farmers still using old practices, properties with extensive and ongoing soil erosion, salinity issues, not planting wind breaks or vegetating natural water ways etc. But god help a company in the city if they drop a litre of oil on the ground.

Water, we need more dams is the cry, they are probably right. But again the whole dam issue is as controversial as the Franklin Dam. Do we want to take more water out of the Darling River System? Farmers are also the ones complaining about the loss of the Snowy River and degradation of the lower Murry River system from salinity and lower flows. Even if they built more dams, do the farmers have the capacity to pay for the water? This big chestnut was raised only this week about cost of water from some projects would be un-economic
  nswtrains Chief Commissioner

Scomo doesn't get it!! he was asked simple questions this morning on the AJ Program, and responded with complete gobbdly gook! , can we please have another Election now??
Doesn't ever politician do that? Avoid the question and the problem being discussed, simples.
Step back a bit and look at both sides of some of these questions.

People often direct straight often leading questions that akin to the ol' "Do I look fat in this?" from the wife for which we all know there is no right answer.

Politician's especially the PM has the big picture to deal with and for their own sake need to avoid getting to committal or tied to single topic issues such as;
- Should we spend more on health?
- Should we spend more on child welfare?
- Should we spend more on education?
- Should we spend more on police?
- Should we spend more on PT?
- Should nurses be paid more?

Where will the money come from?
RTT_Rules
There would be a lot of money around if it wasn't given away in tax cuts to buy votes.
  michaelgm Chief Commissioner

Scomo doesn't get it!! he was asked simple questions this morning on the AJ Program, and responded with complete gobbdly gook! , can we please have another Election now??
Yeah but Jones was brow-beating him - I don't know why. Hell, if the LNP can't even trust 2GB to give them an easy ride any more who can they trust any more!
don_dunstan
We're still two and half years from a federal election. As that time approachs, expect regular format to resume on 2GB. Fair and balanced.
  Groundrelay Chief Commissioner

Location: Surrounded by Trolls!
Scomo doesn't get it!! he was asked simple questions this morning on the AJ Program, and responded with complete gobbdly gook! , can we please have another Election now??
Yeah but Jones was brow-beating him - I don't know why. Hell, if the LNP can't even trust 2GB to give them an easy ride any more who can they trust any more!
We're still two and half years from a federal election. As that time approachs, expect regular format to resume on 2GB. Fair and balanced.
michaelgm
Will 2GB's demigods demand the LNP ditch the surplus? As pointed out the money has to come from somewhere and you bet the backers of GB/Sky/Newscorpse won't want to sacrifice their tax minimisation to do so.

Reality check. No one knows when this drought will break. At some point someone who derives their living from the land is no longer worth more than anyone else. People lose their jobs, that's life. If you're lucky you get Newstart. Ironically the people they vote for bang on about of how terrible welfare and socialism is. It's not going to be an easy call.

Maybe the government should buy up failing farms and lease back the more viable ones?
  michaelgm Chief Commissioner

Watched the Treasurer interviewed a few days back. In relation to banks passing on rate cuts in full.
Paraphrasing, the RBA and government called for these to to be passed on but the banks ignored the RBA.

News flash, Joshy. They ignored you also.
  bevans Site Admin

Location: Melbourne, Australia

We now have a weaker economy that Greece.
  Groundrelay Chief Commissioner

Location: Surrounded by Trolls!
Watched the Treasurer interviewed a few days back. In relation to banks passing on rate cuts in full.
Paraphrasing, the RBA and government called for these to to be passed on but the banks ignored the RBA.

News flash, Joshy. They ignored you also.
michaelgm
Whilst Bank bashing is fine and mostly deserved, people need to realise the profit margins are being squeezed. These are amongst our largest companies and that affects everyone. Most bank funds still come from depositors who are being smashed. The biggest shareholders are Super funds, ANZ and NAB have significantly cut dividends, whilst CBA has marginally increased but with a lower ROI and WBC has struggled to maintain them at 2014 rates. Who'd be a retiree!

There seems to be increasing evidence that talking up rate cuts is actually hurting confidence. In that case people will keep the money in their mortgage not spend up big time.
  michaelgm Chief Commissioner

Ground relay, not bank bashing, Joshy bashing.

As for who'd be a retiree, suppose technically I am. Managing risk V reward is a difficult proposition, and the abolition of franking credits would forced a huge reset.
The ALP get full marks for taking a radical and honest policy to the last election, the electorate just wasn't buying what they were selling.
Too quite on policy, not quite enough on leadership.
  Groundrelay Chief Commissioner

Location: Surrounded by Trolls!
Ground relay, not bank bashing, Joshy bashing.

As for who'd be a retiree, suppose technically I am. Managing risk V reward is a difficult proposition, and the abolition of franking credits would forced a huge reset.
The ALP get full marks for taking a radical and honest policy to the last election, the electorate just wasn't buying what they were selling.
Too quite on policy, not quite enough on leadership.
michaelgm
OK, and he should be. If Trump taught pollies anything it's rhetoric counts, people won't remember what you actually achieved.
I've pointed out previously, the LNP has rarely had to actually manage an economy. Even this 'returning to surplus' came on the back of the mine disaster in Brazil, and (perversely) record tax receipts from wage earners.

Don't want to spend so blame anyone else for our economic woes.
  RTT_Rules Dr Beeching

Location: Dubai UAE
There would be a lot of money around if it wasn't given away in tax cuts to buy votes.
nswtrains
So now your telling us what to do with our money.

Did you actually listen to why the tax cuts went ahead?
  RTT_Rules Dr Beeching

Location: Dubai UAE

We now have a weaker economy that Greece.
bevans
So now you are comparing the Australian economy, one of the world's most successful over the last 30 years coming off the boil a tad to a country that is basically bankrupt with 4-5 x the debt per capita, had 1/4 of its workforce made unemployed, 10% of the working population left the country has suffered massive (you can look it up) wage deflation, lost 1/4 of its economy and the share market lost over 50% of its value still after 10 years etc etc etc ?????
  don_dunstan Minister for Railways

Location: Adelaide proud
So now you are comparing the Australian economy, one of the world's most successful over the last 30 years coming off the boil a tad to a country that is basically bankrupt with 4-5 x the debt per capita, had 1/4 of its workforce made unemployed, 10% of the working population left the country has suffered massive (you can look it up) wage deflation, lost 1/4 of its economy and the share market lost over 50% of its value still after 10 years etc etc etc ?????
RTT_Rules
Newsflash: We have a slumping GDP, increasing unemployment, almost zero interest rates and wages stagnant since 2011. Result; Australia's GDP has fallen below that of Greece.

It's a perfectly valid comparison.
  RTT_Rules Dr Beeching

Location: Dubai UAE
So now you are comparing the Australian economy, one of the world's most successful over the last 30 years coming off the boil a tad to a country that is basically bankrupt with 4-5 x the debt per capita, had 1/4 of its workforce made unemployed, 10% of the working population left the country has suffered massive (you can look it up) wage deflation, lost 1/4 of its economy and the share market lost over 50% of its value still after 10 years etc etc etc ?????
Newsflash: We have a slumping GDP, increasing unemployment, almost zero interest rates and wages stagnant since 2011. Result; Australia's GDP has fallen below that of Greece.

It's a perfectly valid comparison.
don_dunstan
BreakingNews

Trying to compare a late model sports car with a few dude plugs because the whole market is full of dude plugs with a clapped out 1970's Beatle thats had a tune up is hardly the world of commonsense.

Australia is near the top of the pile, exposed to the negative impact of global markets.

Greece is a F^ Up economy that was full of corruption as standard day to day way of doing business with a mind set that working for 30 years and paying bugger all taxes means you are entitled to a fat pension in your 50's. After 10 years of a level of hard pain that Australia hasn't seen in nearly 100 years they hit the bottom.

Meanwhile for the brains trust amongst us
- Greece unemployment - 17%
- Youth Unemployment rate - 33%
- Long-term unemployment Rate - 12%
- Debt as % of GDP - 175%
- Average Wage - $USD 755 /mth
- GDP per capita  - $23,500
- Negative inflation 2019, 4 years of negative inflation 2013 - 2017
- Personal income tax around 45%
- There are less cars registered on the roads than in the mid 1990's.
- The population has shrunk to around same as late 90's.
- The country has only achieved a govt surplus over the last 3 years, total $5B, thats after 40 years, read it again, 40 years of deficits.

Now, if you really believe its compatible with Australia, why not add the Australian figures along side it....of you go, I'm waiting.
  don_dunstan Minister for Railways

Location: Adelaide proud
...

Now, if you really believe its compatible with Australia, why not add the Australian figures along side it....of you go, I'm waiting.
RTT_Rules

Australia's GDP growth is terrible, worse than the supposed basket case of Greece. I guess that makes us a basket case too. End of story.
  don_dunstan Minister for Railways

Location: Adelaide proud
Not sure if you've noticed or not Shane but we have some really intractable structural problems with our economy that are coming conflating to cause a plunge in GDP. Wages can't get off the canvas after some eight years at or below inflation; that's critical because it has ultimately resulted in consumers putting off buying big ticket things - especially cars. Given we rely so much here on consumers for our prosperity there's an effective recession in retail already going on.

And its pretty extraordinary that the RBA cuts rates to an unprecedented post WWII level and yet apart from re-igniting property prices in Sydney and Melbourne it's done nothing to get business/individuals borrowing again. Even today ScoMo had to deny that the IMF forecasts painted a shadowy picture of our economy... I guess he can't do anything else but deny the reality.

It might surprise you that I think part of the answer might be to abolish all award wages - maybe $18 an hour is too high by international standards and in many industries like hospitality and cleaning there's no enforcement anyway so employers who follow the laws are being disadvantaged. The people on the bottom are going to take the brunt of this I know but maybe it's time we also recognised that we aren't a fair and egalitarian kind of society any more with that kind of regulation.
  RTT_Rules Dr Beeching

Location: Dubai UAE
...

Now, if you really believe its compatible with Australia, why not add the Australian figures along side it....of you go, I'm waiting.

Australia's GDP growth is terrible, worse than the supposed basket case of Greece. I guess that makes us a basket case too. End of story.
don_dunstan
....still waiting or don't you want the truth to get in the way of a good story?
  don_dunstan Minister for Railways

Location: Adelaide proud
...

Now, if you really believe its compatible with Australia, why not add the Australian figures along side it....of you go, I'm waiting.

Australia's GDP growth is terrible, worse than the supposed basket case of Greece. I guess that makes us a basket case too. End of story.
....still waiting or don't you want the truth to get in the way of a good story?
RTT_Rules
I gave you the answer, Shane, the dream is over.

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