"Philip Lowe, the Governor of the Reserve Bank, is trying to get wages up, but he can’t. Prime Minister Scott Morrison could get wages up but he is so deep in the habit of suppressing them that it’s an addiction."
🎯
Alan Kohler absolutely spot on here. Tanya Plibersek:
Philip Lowe is an economist with a doctorate from the Massachusetts Institute of Technology who has been at the Reserve Bank for 40 years; Scott Morrison is a politician with a background in tourism marketing.
The economist now understands that you don’t get more jobs by cutting wages, but you do get economic wellbeing from higher wages, and you get those by increasing employment, so focus on jobs, not wages.

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More from @MettaBhavana1

25 Jan
I just want you to have look at recent articles by James Massola from The Age. Is there an editorial pattern here? theage.com.au/by/james-masso…
1. "How safe is Anthony Albanese and how long does he have as leader?" Pic of Albo alone.
2. In an 'exclusive' interview "Frydenberg flags multibillion-dollar boost from faster vaccine rollout after year of economic pain." Pic of Frydo with cute kids AND A PUPPY!
3. "Shorten takes a swipe at Albanese’s ‘tiny’ policy agenda" Pic of Albo frowning at an out of focus Bill who is looking away.
4. "‘He has sent signals’: Major parties prepare for spring 2021 federal election." Pic of PM grinning at a baby he is holding, which is also grinning.
Read 6 tweets
23 Jan
Those bothered by Margaret Court's views should perhaps reflect that in Australia's same-sex marriage vote, 38.4% of those who voted, chose 'NO.' As Micheal Kirby commented at the time, overjoyed as he was with the 61.6% "Yes," the other 1/3rd were a sobering reality. Image
It isn't possible to make a simple transposition of stats from one question to other socially regressive attitudes, but it has to be assumed that such reactionary recalcitrance around "progress" might well also apply to attitudes on race, climate, refugees, and so on.
And here we have a PM who knows he has little appeal among "progressives," but must make a majority out of appealing to enough of those in that 1/3rd who share his own regressive and unenlightened views on white colonial history, race, or sexuality.
Read 8 tweets
4 Nov 20
When Trump stood on the balcony of the White House & took off that mask, any elite, like me, saw a ludicrous display. Any elite, like me, studying the dictator's playbook, also saw it for what it was: a miraculous death-defying resurrection symbol suggesting immortality.
Trump told us Covid was nothing. His diagnosis, treatment and apparently rapid recovery gave the appearance of having proven his claim. This is again from the dictator's playbook: the leader's words alone are greater than science or medicine and routinely defy mere human wisdom.
How has Trump done so well? His appeal is not to sense and reason. It cuts directly to an instinctive need within the human psyche to be dominated and soothed by simple strong gestures and overwhelming force, which after all reminds us of our parental relationship in infancy.
Read 7 tweets
3 Oct 20
"Journalism" invented the pile on, the public smear campaign, the rumours exaggerated as fact, the facts ignored, the appeals to primitive tribalism, racism and xenophobia, the invasions of privacy, all while claiming the status of a unique moral correctness.
Murdoch and the News Of The World didn't invent that kind of toxic business model. It has been a low bar for over a century. Ask Lindy Chamberlain. Ask anyone "of African appearance" in Melbourne, ask any Muslim, look at the front pages and editorial lines run by Murdoch.
Read 15 tweets
18 Sep 20
Patrick Carlyon has written many stories on Vic politics for the Herald Sun. After a quick survey of 10 or so (on Google), it is unsurprising to find every single one is slanted with a formulaic attack on Labor plus numerous personal and gratuitous slurs aimed at Dan Andrews.
"LACK OF TRUST IN LEADERSHIP [aka Dan Andrews] SPREADING QUICKER THAN VIRUS"
[No it isn't.]
"Melbournians are angry at their leaders!"
[aka Dan Andrews. And, no. Mostly they are not.]
"Daniel Andrews and his cohort don’t want us to explore the truth. " [WTF does that mean?]
"Why can't Daniel Andrews just say sorry?" [Well, he has.]
"...it sometimes seems unclear whose side Andrews is on." [Seriously]
"Andrews undermines his own authority every day he delivers his press conference." [Poll numbers would say otherwise]
Read 6 tweets
17 Sep 20
Here's a tip. Provided numbers go down or a vaccine arrives, for many countries, the post-Covid boom will be bigger than the post-WWII boom. Why? Just as streets and shops - and people! - have never been cleaner, so most taken for granted expectations are being re-examined.
What is a job? What are the relationships that matter? How do we adapt? Just as we are examining hygiene practices and medical responses to the unexpected, so too we are taking apart our plans for how we work, co-habit and travel. Forced to adapt, we are forced to innovate.
This is not overly Pollyannnaish. It's a lesson about the "normal" never being as fixed as we would like to think. That's a good thing, provided we improve what was not working and spread the benefits of innovation, we are almost certainly set to experience some new normal.
Read 4 tweets

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