Comments by "" (@pwillis1589) on "'Buck stops': Jim Chalmers making life 'tough' for Australians amid cost-of-living crisis" video.

  1. There is no crisis. Grocery items are back to normal prices, it is just RWNJs talking the economy down.
    2
  2. GDP growth 1.1% Inflation 3.6% Wage growth 4.1% Unemployment 4% Job growth 2.5% Federal surplus budgets. So specifically where is the economy bad. Yes things could be better, for instance inflation would be better at 2-3%
    1
  3.  @TruthWarrior1  So you agree with the GDP figure and acknowledge the economy is growing. Good. I used the underlying figure and you have used the CPI number and yes the extravagant spending from the previous LNP that added $600 billion to the national debt certainly contributed to home grown inflation. Private sector wage growth in the last quarter was 0.8% according to the ABS. You will need to provide evidence wage growth has been negative as this is not the data the ABS shows. Per capita GDP declined for 4 years under the previous LNP government according Treasury data, so not unique to Labor. Factually incorrect, a recession is defined as two quarters of negative growth in the GDP not per capita GDP. The last recession was under the LNP government in 2020. The latest data from the ABS has homelessness up 5% since 2021, and yes it is a significant problem no government has solved, it was increasing under the previous LNP government as well.
    1
  4. @paulgraham5790  No, all the data I presented I provided independent sources/references for. You would have to be specific and provide evidence for any data you claim is incorrect, otherwise you reply is just vacuous nonsense.
    1
  5. @paulgraham5790  I didn't deny Australia was in a per capita recession, I clearly stated that it was not in recession as defined by every economist on the planet (perhaps a slight exaggeration). I provided references to both Treasury and ABS data and even agreed my Inflation figure was not the CPI figure you quoted but the underlying figure. You provided no rebuttal or evidence the data I presented was incorrect. I suspect that is because that $600 billion that Abbott, Turnbull, and particularly Morrison spent which clearly added significantly to our Inflation problem you can't defend.
    1