Kamalanomics

His pronouns are he and him and he was standing at the dispatch box in a blue suit

First, help Australians with the costs of living by cutting childcare costs for 1.6 million families and reducing barriers for parents, overwhelmingly women, to work additional hours, and by cutting the cost of medicines on the PBS by up to $12.50 a prescription.

“Second, grow wages over time by successfully arguing for a decent pay rise for the lowest paid. By supporting decent wages in the care economy, training people for higher opportunities, investing in opportunities that will deliver more secure well-paid jobs.

“Third, unclog and untangle supply chains and deal with the inflation challenge by investing in cleaner and cheaper and more reliable energy.”

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28 Responses to Kamalanomics

  1. Terry says:

    So…
    1. Subsidies;
    2. Command Economy; and
    3. More subsidies and More Command Economy…

    …all of it inflationary to deal with ‘the inflation challenge’.

    Yep, that’s how we roll in Clown Land.

    Unserious people “in charge” however, the consequences of their gross incompetence are very serious and very real.

    A lot of people will be hurt (and badly) by these “tolerant”, “compassionate”, “well-intentioned” retards.

    Any system of government that allows the keys be placed into the hands of these people, even temporarily, is broken beyond all hope of repair.

  2. Petros says:

    What are the problems with the supply chains that need to be unclogged? Unions ordering strikes?

  3. Buccaneer says:

    I note the Biden Mal administration is claiming they are not in recession and recessions are not 2 consecutive quarters of negative growth.

    So why are the alp not lying their arses off like Biden? Well it suits them to ramp up the crisis so they can ride to the rescue. The problem for them is that nothing they are planning to do is actually likely to fix the situation. They seem to be relying on interest rate rises.

    It is tempting to think they are overegging the problems here like they did with the power network so they can blame the previous government. The problem with that is the problems are real and even if they are taking pessimistic predictions, only a few weeks ago those predictions were no recession for us and no real downturn till next year. The advice they are getting is does not understand what is happening.

    Fertiliser bans in holland and Canada will keep this global malaise going for some time as they are the thin edge of the insane green new order.

    The circuit breaker might be midterms in the us, but only if the gop gets a big enough majority to circumvent the presidential veto. That is unlikely.

  4. jupes says:

    Allow me to translate (as best I can):

    First, increase taxes for millions of Australians, by forcing them to pay for the childcare of other people’s children, blah, blah and then force them to pay for other people’s medicine.

    Second, blah, waffle, blah.

    Third, blah, blah, regulate the cheapest form of energy out of the market and force people to use expensive, unreliable energy.

    What could possibly go wrong?

  5. Buccaneer says:

    Petros, there is a conga line of transport ships moored off the Chinese coast, production there has been stalled by Covid lockdowns, power shortages, floods and other maladies. Domestic transport in western countries has been hit by rising fuel prices and labour shortages. The stalling of the airline industry has reduced air freight capacity.

    Semiconductor shortages have hit all types of consumer goods but particularly motor vehicles. That is why used car prices are so high.

    Companies have stopped producing low margin products in several sectors. A good example I’d try finding a cheap box of Kleenex or a base level new car.

    Many of these problems are caused by companies moving to protect themselves from market interventions by government.

    I read an article that Aussie farmers are planting fewer crops due even though they are getting record prices. This is because fertiliser costs are so high they are creating a risk problem for growers. They can take a big risk, plant a full crop and possibly get burned badly or plant a part crop and take a normal profit with lower risk of failure. Many are picking the latter, rightly or wrongly.

  6. Not Trampis says:

    Kamalanomics. Is it too much to try and explain what the term you are attempting to use.

    A country is most definitely not in recession if unemployment is 3.6%. If the yanks are right about one thing two successive quarters of GDP falling does not mean an economy is in recession.

    most of the supply chain problems are in china.

  7. Buccaneer says:

    I think Kamalanomics might be a reference to Kamala Harris and the series of nonsensical interviews and pronouncements she is recorded as having delivered.

  8. Baba says:

    Tony Burke claims that the right to 10 days per year domestic violence leave will allow survivors and emerging survivors to leave violent relationships. Ten days per year? Leave?

  9. Pommy Al says:

    Charmers is so obviously another leftist ideological fuckwit that it’s impossible to take any notice of anything that he says.
    So I won’t.

  10. Lee says:

    Tony Burke claims that the right to 10 days per year domestic violence leave will allow survivors and emerging survivors to leave violent relationships. Ten days per year? Leave?

    How will taking “leave” from work (where presumably, ironically, they will be safe) alleviate their situation?
    If they are on leave I would have thought it more likely they would be spending more time with the abuser, not less.
    No wonder businesses are going broke, or very careful about who they employ.

  11. Boambee John says:

    Non Mentis found it impossible to remain sensible even for a single day.

  12. Lee says:

    Not content with making a comment with which I am sure most here agree with, he, in typical leftist fashion, had to revert to type.

  13. Boambee John says:

    Lee says:
    28 July, 2022 at 4:33 pm
    Not content with making a comment with which I am sure most here agree with, he, in typical leftist fashion, had to revert to type.

    That comment was on a different thread. Non Mentis has a very compartmented brain. Each lump of concrete between his ears makes its own decisions.

  14. Old School Conservative says:

    The ACTU supports Tony Burka with this justification for forcing yet another government-mandated cost on employers:
    “Without paid leave, you can’t leave. Leaving a violent relationship takes on average $18,000 and 141 hours,” Ms Ged Kearney said.

    Domestic violence is a blight on society but just why its the employer’s responsibility beats me. (dad joke there).

  15. Baba says:

    “Without paid leave, you can’t leave.

    That is demonstrable bullshit.

    Any paid DV leave should be contingent upon proof of a complaint to police.

  16. jupes says:

    “Without paid leave, you can’t leave. Leaving a violent relationship takes on average $18,000 and 141 hours,” Ms Ged Kearney said.

    Just where do they get these stats? And just how do they relate to 10 days leave? Does the employer have to give them a pay rise over that period?

    The policy is such a crock, just asking to be rorted. Not to mention, the number of blokes who will be – officially – slandered.

  17. Bruce of Newcastle says:

    Treasurer Jim Chalmers gives economic update, predicts inflation will reach 7.75%.

    Can we amputate an appendage for each hundredth of a percent he is wrong by?
    Excessive precision is a fun disease.

    Unfair to compare him to Kamala though. Jim isn’t at her level. No one is.

  18. Lee says:

    Any paid DV leave should be contingent upon proof of a complaint to police.

    Absolutely.
    Otherwise it can and will be rorted six ways to Sunday.
    In any case, what happens outside the workplace has nothing to do with the employer and in no way should he/she be liable or put at disadvantage.
    Having to pay for DV leave (and the replacement) will just encourage employers to only employ males or single middle-aged women.

  19. cuckoo says:

    Perhaps I shouldn’t be surprised but I am, by the tone of vindictive triumphalism around the opening of parliament and the return of the ALP to government. Perhaps it’s only to be expected from the left. The same sort of thing is unimaginable from the LNP, even in its current debased form. Shorten’s sneering tweet that the “adults are back in charge” under a photo of him and Albo as if they were Batman and Robin. A hint to Bill: adults don’t post tweets like that.

  20. Not Trampis says:

    Of course you would need some sort of evidence. When I am sick I have to produce a MC.

    You always see triumphalism when parliament opens again after an election. Abbott did it in spades, as did Morrison. Turnbull was more subdued because I assume of the result ( which was one of the easiest results to predict because the polls rarely changed.)

  21. C.L. says:

    I don’t recall Abbott being triumphalistic at all.
    The Treasurer’s ‘three-point plan’ is garbage, you know that.

  22. Not Trampis says:

    Then you never watched question time. Triumphalism was in Abbott’s genes. It is why he was easily the worst PM we have seen since Bruce.

    I am waiting to see the budget in October. the previous government did nothing about the structural budget deficit. It only improved because of cyclical means,
    Even Ralph Willis and Wayne Swan ( who brought down the tightest budget in history unnecessarily) reduced their structural deficits in their day.
    The problem the ALP has it to do actual budget repair gradually.
    This we will not know until October

  23. Bruce of Newcastle says:

    the previous government did nothing about the structural budget deficit

    Why run a surplus and pay down debt if the ALP is going to spend it anyway?
    Which they always do.

    Gifting Labor a big pot of money to waste is a crime against the nation. Costello brilliantly invented the Future Fund to warehouse his surplusses: since lefty pubic savants regard it as their money Labor isn’t able politically to raid it. Meanwhile that future liability is actually covered, at least until some FF administrator wastes it all on some lefty boondoggle like renewbull “energy”.

  24. Jannie says:

    Why run a surplus and pay down debt if the ALP is going to spend it anyway?
    Which they always do.

    Precisely BoN. I think that’s why the Lib/Lab thing is over. Morrisons lot just gave up and really did start spending like a drunken sailor. Its the uniparty now, the pretense is all over bar the shouting.

  25. Not Trampis says:

    well if you want to prevent the economy going into recession because of the GFC and are advised to do so by both Henry and Stevens then you do it.
    That is the reason for having surpluses. to spend it when monetary policy is clearly impaired as it was way back then.
    Only problem costello did was to create a structural deficit which was hidden by a large cyclical surplus.

  26. Boambee John says:

    Non Mentis

    Wayne Swan ( who brought down the tightest budget in history unnecessarily) reduced their structural deficits in their day.

    ROFLMAO. Your sensible moment didn’t last long!

  27. Not Trampis says:

    okay you are pig ignorant about that as well.
    In the budget poor old sinkers said was expansionary it was in fact the tightest budget ever brought down according to budget papers.
    up to that time budgets added about 0.8 percentage points on average in the 25 years before his last budget he had full responsibility for. His budget CUT 0.8 percentage points from GDP. It was absurdly tight and caused GDP to slow.

    Sinkers gave up after that fiasco of ever attempting to say a budget was tight or expansionary probably because like everyone else at Catallaxy he did not have a clue.

    The extreme irony here is Swan brought down a budget they should have loved. It actually cut spending in nominal terms but no-one could recognise it it

  28. Boambee John says:

    Non Mentis

    tightest budget ever brought down according to budget papers.

    ROFLMAO, I think that confirms your limited knowledge of the process.

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