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Actual Facts
Sky News Australia
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Comments by "Actual Facts" (@actualfacts1055) on "‘Dangerous waters’: Raising minimum wages risks inflation spiral" video.
Oh goody I got a 5 percent psy rise, oh no everything now costs 10 percent more, I better get a 10 percent pay rise, oh no everything now costs 20 percent more, I better get.........
2
We have to live within our means, we have to pay for the pandemic and the war and climate change policies and floods etc etc. Labor stopping new coal and gas projects and scaring away companies from investing in Australia is adding to the problem. The more that wages go up the more that inflation and interest rates will increase scaring away more investment in Australia making us poorer. What shareholders choose to pay their bosses to improve the performance of their companies is up to them, they own the companies.
1
Victoria is still getting further into debt because they don't actually produce much, a few bottles of wine won't cut it, they won't even get gas out of the ground.
1
Our population keeps increasing but we are not exporting more iron ore, coal and gas to pay for them and in fact Labor is trying to close those industries down with their climate change policies, is any of this sinking through to you numbskulls yet ?
1
The State and Federal Governments are already way in debt, where will the money come from for big pay rises and private enterprise will only charge more for everything if they have to do it, we are now poorer because of the pandemic, the war, climate change policies, floods and Labor scaring away investment in Australia and banning new coal and gas projects.
1