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The Forum > General Discussion > To Work or not to Work

To Work or not to Work

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Doog, the problem is explained in your post.
We are spending more than we make, in whatever form you explain them.
The government can't cut back on pensions and other expenditure as
they will be vilified and tossed out in an election.
To avoid this they borrow more & more.
Production has fallen so the growth has fallen but is being pumped up
by increasing immigration. All that does is pretend that the new
consumers means growth,
It is not real growth, as the per capita growth has reduced.

There is no solution to this.
What it means is that someone will have to sustain a massive loss
on our borrowings. What will our creditors want in lieu ?
Our banks and insurance companies will be turned over to the creditors.
But will they have any assets, housing loans ?
Who will have money to buy them ?

The government will be bankrupt and salaries and pensions will not be paid.
Of course the governmentt can just print money or generate pixel money.

The only other solution is a debt holiday, ie the debt is forgiven.
Posted by Bazz, Monday, 24 April 2017 4:53:30 PM
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Buzz you are off on one of your conspiracy,s again. We have a consumer depression, no one is spending money.
Unless confidence is overturned things will not get any better.
That is why we need stimulus now.

These clowns shot themself in the foot going on about labor debt. Now it has doubled and we are in the doldrums at a time of record GDP.

And you say we can,t afford it. The only reason we can,t afford it is the lack of direction. We need an election now to clear away the rubbish.
Posted by doog, Monday, 24 April 2017 5:06:00 PM
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Funny how things. I read many peoples comments about the welfare system for individuals and how they hate the dole they and hote the people who claim it but they never say why they are so vehemantly opposed to it?

Dunno why but I also notice such people never critize corporate welfare, funny that. Might that be because the lady or the man on the tele has not told them about corproate welfare by any chance?

lets get things straight, all three political factions are very committed to the welfare system. Its just a matter of who for thats all.

Welfare haters need to consider one thing. If the economic stimulus packages the govt inects into the economy each forthnight was to stop, most shops in the shopping centre you go would close up within a week or two.

Moreover,the jobs of many dole haters themseleves would also dissappear over night. This is the precise reason the US economy is spiraling downwards and has been for years, because all these monthly economic stimulus packages have been getting less and less all the time

I know all about the national debt thing and you ought to also know that everyone talks about the national debt but no one ever asks the question - to WHOM are we in debt?

Ever hear the finanical and economic commontaters ask that question? betcha dont.

If all countires were in debt to each other all we would have to do is go into a huddle and agree to foregive each others debt wouldn't we?

lets also not forget that in the 1930's a Royal Commission in Banking in Australia found the Commonwelth Bank could lend money to the Commonwelath Goverment money on any terms it wished including the non repayment of interest, non repayment of principle OR BOTH.

Read the The Remarkable Model Of The Commonwealth Bank Of Australia by Ellen Brown, August 4th, 2010.
Posted by Referundemdrivensocienty, Monday, 24 April 2017 8:22:33 PM
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o sung wu,
Hi Ole Buddy,
Don't worry mate I had those other 'dastardly' Acts up my sleeve for the next round and the one
after that however before they can work we have to empty all the asylum seekers compounds
including Manus and Nauru and the other nineteen detention
centers around Australia and then we can fill them with real miscreants.
There are 6500 beds in these facilities.
Even the polies are now saying "if you can work you should work"
CG1000
Posted by chrisgaff1000, Monday, 24 April 2017 9:08:25 PM
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I said it before but as usual you hateful rightards refuse to listen to anything but your own idiocy.
WORK FOR THE DOLE has existed for the past 20 years. NO ONE gets the dole without working for it.
It costs $15k or so to pay unemployment benefits. $100k+ to imprison someone. You people are fools if you think that is the answer.
The fascist, bigots of OLO just keep getting dumber and dumber.
Posted by mikk, Tuesday, 25 April 2017 5:41:42 AM
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Dear Mikk,

Yes, "work for the dole" exists for 20 years, but it was not clear from your post whether you support it.

We are forced to live in a society where it is impossible to survive without money. The fact is that one is no longer allowed to make a living out of a land, as mankind did for 100,000's of years and other species still do, unless they formally own/rent/lease it and pay the appropriate taxes/rates, which requires money.

While some people suffer as a result, other people seem to be enjoying this fact that human-life is no longer possible without money.

Money gives its users certain powers (such as the ability to organise and raise an army or a police force) and historically, those who used money, abused these powers to enslave, outnumber, decimate and/or evict from the land those who did not.

Isn't it only fair that those who enjoy the use of money, should to that extent compensate those who suffer from its use? Such compensation should provide the victims with the only remaining means of sustenance - money, the amount of which should more or less allow a similar subsistence standard of living as one would have had in nature otherwise, without the use of money.

This is how the dole should really be looked at - not a favour, but a rightful compensation for damages. One should not have to work for what is already justly theirs. The current situation is a mild form of slavery.
Posted by Yuyutsu, Tuesday, 25 April 2017 7:24:52 AM
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