Sensational-Adelaide.com

Goodsy wrote: ↑

Thu Mar 08, 2018 9:46 am

this plugin works for me

https://github.com/nextgens/anti-paywall

Jaymz wrote: ↑

Wed Mar 07, 2018 11:51 pm

http://www.adelaidenow.com.au/news/sa-e ... 50276b0895

Anyone in this forum who thinks our economy is travelling well then read this. It makes for some very sobering reading, but nothing that isn't news to anyone that actually takes an interest in facts or understands economics.. ...

Make no mistake, if it wasn't for the GST equalization (welfare) policy then our state wouldn't look anywhere near as nice as it does now. The fastest growing industry for the past 2 decades has been the state government.

rubberman wrote: ↑

Thu Mar 08, 2018 7:17 pm

Jaymz wrote: ↑

Wed Mar 07, 2018 11:51 pm

http://www.adelaidenow.com.au/news/sa-e ... 50276b0895

Anyone in this forum who thinks our economy is travelling well then read this. It makes for some very sobering reading, but nothing that isn't news to anyone that actually takes an interest in facts or understands economics.. ...

Make no mistake, if it wasn't for the GST equalization (welfare) policy then our state wouldn't look anywhere near as nice as it does now. The fastest growing industry for the past 2 decades has been the state government.

,
It completely misses the point of Federation. It also misses the point of economics of Federal fiscal systems. If we listened to the Advertiser, we'd have the system they had in Europe, and the problem they have with the Euro. That is, the currency of some countries is far undervalued (Germany), and far overvalued (Greece). If the Advertiser thinks that's a great idea, I would have to disagree.

Let's show what I mean by an example. Let's say SA became independent of the rest of the country. We then set up our own currency. Let's call it the Dunstan, or Dunnie. What would happen is that the Dunnie would fall. Our exports of wine, university education, tourism would become much cheaper for those overseas, and those sectors would pick up. In addition, it would be more expensive to buy stuff from other countries, making it easier for local manufacturers to make stuff.

Let's also look at the other States, now free of SA. The Aussie dollar would go up, because there's no transfers to SA. That would mean their products would now be a bit more expensive, their tourist destinations as well. Their economies would shrink a little.

All the above is why New Zealand didn't join up. Their currency has always been a bit lower than the Aussie dollar, and that has supported their export industries.

So, the whole point of the financial transfers to SA and the NT (and previously WA) is that those transfers compensate for the advantages in currency exchange rates those States lose by joining a currency union.

Reading the Advertiser is not a good idea for economic analysis.

TRAMS looping around the CBD and a spur line heading north past the Adelaide Oval would be investigated by a new authority in charge of public transport under a Liberal plan.

Waewick wrote: ↑

Fri Mar 09, 2018 9:38 am

proof always in the pudding.

rev wrote: ↑

Thu Mar 08, 2018 9:26 pm

rubberman wrote: ↑

Thu Mar 08, 2018 7:17 pm

Jaymz wrote: ↑

Wed Mar 07, 2018 11:51 pm

http://www.adelaidenow.com.au/news/sa-e ... 50276b0895

Anyone in this forum who thinks our economy is travelling well then read this. It makes for some very sobering reading, but nothing that isn't news to anyone that actually takes an interest in facts or understands economics.. ...

Make no mistake, if it wasn't for the GST equalization (welfare) policy then our state wouldn't look anywhere near as nice as it does now. The fastest growing industry for the past 2 decades has been the state government.

,
It completely misses the point of Federation. It also misses the point of economics of Federal fiscal systems. If we listened to the Advertiser, we'd have the system they had in Europe, and the problem they have with the Euro. That is, the currency of some countries is far undervalued (Germany), and far overvalued (Greece). If the Advertiser thinks that's a great idea, I would have to disagree.

Let's show what I mean by an example. Let's say SA became independent of the rest of the country. We then set up our own currency. Let's call it the Dunstan, or Dunnie. What would happen is that the Dunnie would fall. Our exports of wine, university education, tourism would become much cheaper for those overseas, and those sectors would pick up. In addition, it would be more expensive to buy stuff from other countries, making it easier for local manufacturers to make stuff.

Let's also look at the other States, now free of SA. The Aussie dollar would go up, because there's no transfers to SA. That would mean their products would now be a bit more expensive, their tourist destinations as well. Their economies would shrink a little.

All the above is why New Zealand didn't join up. Their currency has always been a bit lower than the Aussie dollar, and that has supported their export industries.

So, the whole point of the financial transfers to SA and the NT (and previously WA) is that those transfers compensate for the advantages in currency exchange rates those States lose by joining a currency union.

Reading the Advertiser is not a good idea for economic analysis.

I notice you didn't dispute his statement that the economy isn't traveling well.
We aren't prospering and a far from it.
Sure the Shahins and various high paid government employees are traveling well, but the majority of the state is not.
A good indication of the general populace struggling is the fact that more are now reliant on charity, even food charity, then before.

It's all well and good for the government to tout it's infrastructure builds, that's great, all much needed and long overdue.
But what about jobs and industries? Where are the jobs?
If there were jobs, and jobs that our young are interested in, they wouldn't still be leaving across the border in their droves.
If there were jobs, if there was economic prosperity, we wouldn't have more people reliant on charity and hand outs then before.

We need government staffers and bullshit positions filled or created by their family, friends, and friends of friends(Labor is extremely guilty of this btw, if the Libs want to have a ICAC they should look at this first, but then they're probably just as guilty), to be cut massively. There's thousands of these people who have never held a real job, who have been professional political staffers their entire working life.
If we must grow the public sector, do so in areas that are needed. Police, fire fighters, ambos, nurses, doctors and teachers. People who actually deliver a service to the community and aren't leaching off the tax payer because their husband/wife, daddy, next door neighbor, uncle, cousin, whatever is a politician or deep inside the government.

rev wrote: ↑

Fri Mar 09, 2018 10:32 am

There’s a lot more job opportunities and economic prosperity in those states then in SA.
People leave for those reasons. Those states might not be beacons of economic prosperity and rainbows, but they are doing a hell of a lot better then us.

rubberman wrote: ↑

Fri Mar 09, 2018 1:04 pm

rev wrote: ↑

Fri Mar 09, 2018 10:32 am

There’s a lot more job opportunities and economic prosperity in those states then in SA.
People leave for those reasons. Those states might not be beacons of economic prosperity and rainbows, but they are doing a hell of a lot better then us.

Well, if we had another 300,000 migrants, there's a lot of jobs building houses and roads out near Two Wells.

Of course we'd be better off by having massive price rises for houses and traffic jams just like Sydney.

However, just to get it back on topic, which is the election. It was the Liberals under Tony Abbott who shut down the car industry. Can you recall the State Liberals opposing that at the time?

So, even allowing for the fake economies underpinned by unsustainable immigration and housing prices, the Liberals have to take a big slice of responsibility for shutting down the car industry.