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Jim Stanford
JimboStanford
THREAD "Heartbreaking" is the only word I can find to describe today's awful #LFS jobs numbers: both the scale of job loss, and their painfully unfair distribution. 213K jobs
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Apart from the calculated brutality of this view, think what it would mean for prison guards & medical staff who work in prisons (which have suffered many horrible outbreaks). O'Toole's
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Before people go into paroxysms of deficit-angst today, keep in mind a fundamental truth of economic accounting: one sector's deficit is another's surplus. By pumping billions into income supports &
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THREAD: Today's Retirement Income report has a long discussion about whether changes in the super guarantee are automatically passed through in offsetting change in wages. Here's the graph the report
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Absolutely brutal #CPI number out from #ABS today: prices fell 1.9% in June quarter. That's deflation at an annualized rate of 7.3%--by far the biggest price decline in Aussie postwar
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