- Nov 12, 2014
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It didn't surprise surprise. Wouldn't want to applaud something worth applauding if Labor did it. Negativity and propaganda sells not the truth that's boring.
Anthony Albanese - How long? -3-
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- Nov 12, 2014
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What's the bet it was page 10 or something and a small paragraph
Page 10? Cmon fossil, get with the digital times.
What did you expect?
It’s small potatoes in the scheme of things. The media is not there to extol the virtues of the government and for 99% of the population this story woukd not resonate with them.
- Nov 12, 2014
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Yeah neither does how the mechanisms around how power bills work yet it directly affects them and most only care about the dollar amount. It's not my fault people choose to be lazy and don't want to inform themselves and than complain why something is the way it is. There's literally no excuse these days. Too busy is an absolute laugh of an excuse when most people spend alot of hours each day glued to their phones.
Well of course most people only care about the dollar amount.
It’s like a football team. Success is measured on wins and losses. Not the process.
- Nov 12, 2014
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So your sitting around talking about these sort of things with your friends at a cafe it doesn't cross anyone's mind to check online and do any research? It's the 1st thing I would do if I'm not sure about something and there's no stopping anyone else from doing it either. That's why Labor needs to start breaking down each policy to the bare bones so to start getting through to people. Compare and contrast to what it would be if Dutton was in charge. Do this every day and take soundbites out of the equation. Getting pretty sick of hearing the same bullshit from people around me who don't understand how things work when they should as it directly affects them. Treat these people like children because they can't think like grown adults.
No matter how unprofitable something can be, people will complain about it, like power bills or trade deals, but won’t do the research to understand how it works. It’s like they don’t want to do the research to find the quick fix. The government should break things down more but, to be honest, there are quite a few people who don't need to say the government are doing anything wrong, people should just check the facts and stop relying on sound bites. It’s getting tired of the whole “too busy” excuse, when everyone is already glued to their phones.
Tarriff's make things more expensive by their very nature.
However they can keep local industries alive, which can provide a number of benefits, and over the long term can make things cheaper.
If a country has tarriffs , importers will still import, at lesser profit. Their overheads have been paid elsewhere.
If they can knock out a local industry , they then cash in.
Example: When Australia had an Auto Industry, ( which had no tarrifs ), you could choose between a base line Commodore for around $30 -35000, or a Top of the range Corolla for $35000.
Now the likes of Corolla are trying to position themselves as upmarket, something they wouldn't have gotten away with if you could buy a Falcadore much cheaper.
Australia don't actually have much industry left. But i can see why they impose Tarriffs in the USA.
Gralin
Super Moderator
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I know how tariffs work
I'm fully aware how capitalism functions
My point was it was an election issue and people voted on how they thought it worked / Trump told them it worked
They didn't go and look it up for themselves, the media either didn't explain it or wasn't believed.
The idea that people will fact check stuff or verify their own biases without some sort of pressure is generally a fallacy.
The staggeringly worrying thing is that people high up Trump administration genuinely think tariffs will be paid by the Chinese
Latter (I hope)
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- Kidding, right?
Malvern Star.
- Jul 5, 2012
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- Kidding, right?
And Dutton’s nuclear “policy” is the loser, because the process doesn’t make any sense in basic arithmetic.
That is a romantic and highly inaccurate summary of the nature of tariffs and their impact on manufacturers, consumers and the competitiveness of an economy in a highly inter-connected and globalised world economy.
Tariffs, import quotas and other trade barriers played an important role in building an Australian manufacturing base in the middle of last century - specifically in getting US, UK and then Japanese auto manufacturers setting up Aust based operations behind trade barriers. Production and employment in textiles, clothing, footwear and other manufacturing operations also benefited.
But the world has changed dramatically since then and reimposing tariffs will only have only one effect in the long term in a globalised world - making products more expensive for consumers, reducing choice and quality and destroying the long term competitiveness of local industry. All the while the rest of the world innovates and marches forward, focussing on new industries and services rather than basic manufacturing.
I can too. It fits with Trump's populist 'America First' jingoism that got him elected...twice...and because most of the people who voted for it have no understanding of basic economics. Trump is only interested in getting Trump elected and he won't be around to see the long term effect on the US economy from implementing stone age economic policies.
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You have it backwards.
Tariffs raise the price of imported goods, and put a floor under the price of domestic alternatives. Domestic manufacturers work to be price competitive with the after tariff foreign competition, which makes them completely uncompetitive in any market they don't have tariff protection in.
This kills any possibility of advantages of scale, because your locked into a domestic market.
Scale and competition internationally can result in foreign companies still being competitive in Australia, even after tariffs are factored in.
And this has the effect of prolonging the life of, and sucking investment into, sectors with no long term future, at the expense of new industries and startups that might have a future, if they could only get domestic funding.
On SM-A346E using BigFooty.com mobile app
I don't think i suggested reimposing tariffs. Not for us, we have nothing to protect.
The USA have a fair bit.
There were no Tarrifs in place when the Auto industry shut down. It was pretty much a General Motors reaction to the temporary high Aussie dollar, caused by the mining boom.
Both Ford and GM attempted to make global platforms, and Holden sent a huge amount of cash to their parent company when they were going bankrupt. Ford's unions in the USA pretty much shitcanned the idea of any imports from Australia.
Anyway, they left, and all the cars got cheaper, wait, the opposite occurred. Prices doubled in a decade.
What we never did in building that manufacturing base, is take the next step, Australian owned businesses.
Rather, we did the opposite, selling off most of our businesses.
I guess we must have a lot of new industries. Hospitality, more hospitality, ..lawn mowing, some hospitality, import and warehouse, hospitality.
Lack of critical thinking is the biggest ****ing killer in the internet age. We have so many reputable sources available to us, yet many get their information from numpties on Tiktok and swallow it whole.
We didnt sell our businesses.
Why do we keep saying things like this. Americans love saying it.
We should drill to produce our own oil, so we are not dependant on foreign oil. Except, it isnt America drilling for oil, or producing oil, its corporations, whos interest is only profit, and it will not give america cheap oil, because those corporations will just send the oil where its profitable.We didnt sell Australian companies, corporations did, due to business decisions.
When will people get, companies in a country are not that countries companies, and do not act in that countries interests. A country trying to keep
its companies viable, is very expensive, usually pointless, and pours huge amounts into industries, most of which finds its way to investors, who are frequently not locals. If you need to pour money into industry, try to find one on the way up, and give it a boost, not pour it into one in an attempt to stop its death
- Nov 10, 2022
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Labor governments ‘doing nothing’
www.abc.net.au
Victorian rentals fall by nearly 25,000 as investor sell-off heats up
A property investor sell-off is speeding up in Victoria, with the state's rental stock falling at an increasingly rapid pace.
www.abc.net.au
Not Important
never test the depth of water with both feet.
- Oct 4, 2016
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this. and negative gearing. and inheritance.
bsky.app
Dr Richard Denniss (@richarddenniss.bsky.social)
High house prices are the goal not the problem The reason Australian governments dont ‘fix’ house prices is they don’t want people who already own houses to be sad if prices fall. Even the Productivity Commission told Howard to fix the Capital Gains Tax rort in 2004. We know what to do
bsky.app
Not Important
never test the depth of water with both feet.
- Oct 4, 2016
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he derision is deserved. we have been pathetic and weak on the genocide. at least, i thought penny would be stronger.
