JoNova
A science presenter, writer, speaker & former TV host; author of The Skeptic's Handbook (over 200,000 copies distributed & available in 15 languages).
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Statistics
Australia’s official inflation rate is only 3.80%, and yet anyone on a typical income and who does their own shopping can tell it’s dramatically higher than that, most people I speak to agree it’s more like 25%-30%.
And how can there be a “cost of living crisis” which even the Government admits to, with such a modest supposed inflation l rate?
The Liberal (pretend conservative) faction of the Uniparty are obviously OK with this as they don’t seem to have much to say on the topic.
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The CPI is not a very good measure of inflation. It is supposed to be the ‘Consumer Price Index’, however, in reality it’s the’ Corrupted Price Index’ as it is continually being fiddled with by the Australian Statistics Mob to give a number (always lower) that the Feral Guv’ment of the day likes.
There are three kinds of lies: lies, damned lies, and statistics.
(These words have been attributed to prominent humorist Mark Twain, British statesman Benjamin Disraeli, and others.)
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The inflation rate is not the cost of living increase. It is a large basket of things to determine the underlying rate, not just price increases which directly impact the weekly cost of living. The buying price of cash commercially has not gone down as fast as the weekly cost of things which has rocketed. The big items are slower moving. Houses, cars, clothes, wages have not gone up 25%.
My real concern is the cost of government and government debt which has soared. The number of public servants in Victoria has doubled and of course their wages. And groups like Councils feel that they have every right to jack up rates because they have to pay more people more money as they award themselves higher wages while delegating real costs to contractors.
There is a huge sense of entitlement in the public service today and no connection with real incomes. So you have governments fighting to tax carbon dioxide while coal and iron ore are our biggest exports and pay their wages and ours. The extremely onerous 35% CO2 tax (Safeguard Mechanism) will start to bite soon, pushing up all consumer prices. To save China from CO2. All based on fake science pushed by politicians, not scientists.
Repeal the Carbon Dioxide taxes/green certificates, subsidies, Snowy II, distribution lines and electricity would halve and manufacturing would restart. Airfares would also drop and the cost of transport across the country.
Australians have no idea how much they are being robbed to pay for Green certificates to enrich the UN, Merchant bankers, pay public servants (Clean Energy) and buy windmills and power lines and solar panels from China.
At least they might start buying our lobsters by Christmas. Which means our lobster prices will soar. Lucky us.
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Don’t worry; they fixed it at the last peak easy.
Just use a dash of Quantitative Easing.
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As Jo referenced in a recent post, public confidence in Government, Academia, Science, Medicine, Public Health, and media have nose-dived as result of the handling of the ‘Pandemic’.
And how our are great institutions responding do this historic test of their abilities and preparations.
Not by after action re-examination to improve public confidence.
Not by reflecting and attempting to rebuild their reputations.
No.
By attempting to outlaw criticism.
Sad and frightening.
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WATCH
Australian Government debt, federal + state + local roll over to $2,000,000,000,000.
It should happen within a few months as it increases by $6,000 per second.
That’s the taxes of what few of us actually bother to work and pay taxes, or have saved frugally for retirement.
It’s not going to end well but no faction of the Lib/Lab/Green Uniparty understand or care.
http://australiandebtclock.com.au/
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The morning (Australian AEST) shift is up, except tonyb is normally first…
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Merkel’s legacy bites.
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Something pleasantly distracting from this world in upheaval. Charles Sturt University in Orange has set up a live falconcam for a pair of peregrine falcons for whom a nesting box was built on top of a water tower. This year’s chicks (2) hatched several days ago and you can tune in anytime and watch their progress. Highly recommended for your sanity. ToM
https://m.youtube.com/watch?v=yv2RtoIMNzA
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