Yeah I'm waiting for that to land in Sturt, it seems like the perfect place for a moderate potentially right leaning independent to do well in, especially if they can somewhat align with climate 200 cause.
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The Greens
- Thread starter Herzog
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Our plan for Queensland | Queensland Greens
Upcoming qld election so had a read through this. Its a piece of utter comedy briliance. My 10 year old understands more about economics then these guys.
Capping prices of 30 supermarket items. Why this 30? Why not other goods? Shampoo in but conditioner is out? How are they going to compensate manufacters/farmers if costs rise above their price caps? How are they going to stop shortages in these goods as manufacturers switch to producing other products which provide profit.
Creating a state bank which always provides mortgages at 1.5 percentage points below the big banks? Why would anyone get a mortgage with a big bank again? Then big banks close so how are they going to set the 1.5 percent below the big banks if the big banks no longer exist. Also dont they realise the rba will just boost its policy rate higher to ensure inflation stays within the target band making the policy pointless? Or do they plan to end the rba and take control of inflation within government again? Dont see how they could do this at a state level but if they did inflation would run rampant again.
Breaking up supermarkets so none have 20 percent market share in any region? So essentially instead of the current 3 supermarkets we will need at least 6 to satisfy this goal all with roughly equal market share. How does this transition even work? Who suddenly buys up all the existing supermarkets to turn them into new companies? Yes monopoly pricing is not good for society but clearly the greens all skipped class on the day they taught the benefits of economies of scale. The overheads of supermarkets would go up leading to higher prices. Why do the greens think prices at igas are so high?
Establish a mining company thats going to make 500 million revenue a year. How? You cant just magic this up out of thin air. Or do the greens possess magic powers?
They are going to set rents in a 100 thousand homes at not a percentage of their cost. But at 25 percent of the renters income. Yepppp. Set at income!!! So a low income earner renting a 5 bedroom home in the inner city pays less rent then a slightly higher income earner living in a one bedroom flat in the outer suburbs. Absurd. Unworkable and completely unfair.
And these ridiculous unworkable policies keep going and going. Are other state green parties policies this dumb?
Ghost Patrol
Incognito Moderatore
- Sep 17, 2019
- 24,508
- 38,140
- AFL Club
- Richmond
- Moderator
- #5,078
Our plan for Queensland | Queensland Greens
greens.org.au
Upcoming qld election so had a read through this. Its a piece of utter comedy briliance. My 10 year old understands more about economics then these guys.
Capping prices of 30 supermarket items. Why this 30? Why not other goods? Shampoo in but conditioner is out? How are they going to compensate manufacters/farmers if costs rise above their price caps? How are they going to stop shortages in these goods as manufacturers switch to producing other products which provide profit.
Creating a state bank which always provides mortgages at 1.5 percentage points below the big banks? Why would anyone get a mortgage with a big bank again? Then big banks close so how are they going to set the 1.5 percent below the big banks if the big banks no longer exist. Also dont they realise the rba will just boost its policy rate higher to ensure inflation stays within the target band making the policy pointless? Or do they plan to end the rba and take control of inflation within government again? Dont see how they could do this at a state level but if they did inflation would run rampant again.
Breaking up supermarkets so none have 20 percent market share in any region? So essentially instead of the current 3 supermarkets we will need at least 6 to satisfy this goal all with roughly equal market share. How does this transition even work? Who suddenly buys up all the existing supermarkets to turn them into new companies? Yes monopoly pricing is not good for society but clearly the greens all skipped class on the day they taught the benefits of economies of scale. The overheads of supermarkets would go up leading to higher prices. Why do the greens think prices at igas are so high?
Establish a mining company thats going to make 500 million revenue a year. How? You cant just magic this up out of thin air. Or do the greens possess magic powers?
They are going to set rents in a100 thousand homes at not a percentage of their cost. But at 25 percent of the renters income. Yepppp. Set at income!!! So a low income earner renting a 5 bedroom home in the inner city pays less rent then a slightly higher income earner living in a one bedroom flat in the outer suburbs. Absurb. Unwirkable and completely unfair.
And these ridiculous unworkable policies keep going and going. Are other state green parties policies this dumb?
That's exactly what the duopoly wants you to think and say, Seeds.
Chief
~ Shmalpha ~
- Admin
- #5,079
This seems like one big specificity trap.
Equally applies to "let the market decide" type arguments. Right now, the market has decided to concentrate power in the retail sector and jack up prices.
Not really working out for anyone but the owners.
Farmers have been talking about being squeezed for years, which is a net negative for local communities. How do we fix that?
Prices have been ballooning while retail sector profits go up. How do we fix that?
Equally applies to "let the market decide" type arguments. Right now, the market has decided to concentrate power in the retail sector and jack up prices.
Not really working out for anyone but the owners.
Farmers have been talking about being squeezed for years, which is a net negative for local communities. How do we fix that?
Prices have been ballooning while retail sector profits go up. How do we fix that?
Inflation is back at 2.7 percent yoy. There is currently no inflation problem right now in consumer goods/services markets. And the high inflation created over the past 3 years was due to covid pandemic policies which shut down global supply chains. They were needed policies to minimise the spread of covid. Higher temporary inflation was simply the cost of those policies. Its not something that could be fixed. Its not something we should try to fix going foward given inflation is now back down to normal levels again.
There is however a massive housing price problem caused by lack of land releases and high costs which in large part have been created by over regulation. Fixing rents or lowering mortgage rates doesnt fixvthe problem. It actually makes it worse in the medium to long run. The greens have completely the wrong policy to fix it. They need to incentivise councils to release more land and to reduce building requirements. Getting rid of negative gearing will help with lower prices but wont help lower rents. Its still a good policy though.
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Chief
~ Shmalpha ~
- Admin
- #5,081
Just high prices and excess profits left from a period of overly-high inflation, duopoly price gouging, and wage suppression.
Wait until dynamic pricing comes in and is sold as an improvement in choice for the consumer. E-ink price tags are already leading the charge making it easy for one worker to walk the aisles and change pricing quickly and accurately. Normal prices for chips and biscuits at 10AM on a Wednesday (presented as a "price drop"), jacked up prices at 4PM on a Friday.
I don't know why you're barracking for the people taking money off you, unless you have a ton of shares in the duopoly and see yourself as an owner.
