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The Forum > General Discussion > The Cost of Living - Morrison's Downfall

The Cost of Living - Morrison's Downfall

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Thanks to ScumO' and Friedbrain,

Its been reported today, that food prices are rising at an average rate of 16% pa, some by as much as 40% to 50%. Workers can expect a 2% to 2.5% pay rise sometime this year. LIBERAL PARTY policy is to reduce wages, while boosting profits.
Posted by Paul1405, Wednesday, 6 April 2022 8:45:41 PM
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I believe the actions of the state leaders have caused the price rises not those of the Liberal National Coalition not that my or Paul1405's opinion matters.
Posted by Canem Malum, Wednesday, 6 April 2022 11:03:27 PM
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Here we go again from the minds of the ignorant, blaming the Government for price rises, rather than production and transport costs and availability. They do not understand market forces so have to blame the Government. Of course, their mind is conditioned by communist thinking having read too much Marxist literature.
Posted by Josephus, Thursday, 7 April 2022 9:38:14 AM
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Josephus- With the greatest of respect. I think that reading between the lines you aren't necessarily wrong but- not allowing truck drivers to work will create a short supply of truck drivers- according to economic theory prices are influenced by supply and demand- also as Adam Smith recognised crises will often cause stockpiling and price gouging- for various reasons and levels.
Posted by Canem Malum, Thursday, 7 April 2022 1:54:23 PM
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Jose'

Are not Morrison and his sidekick the self professed "GURUS OF ECONOMIC MANAGEMENT". The Coalition made the mistake of pumping a trillion dollars into the economy in the form of direct handouts, and now the chickens are coming home to roost in the form of inflation. Australians will spend the next 40 or 50 years trying to sort this mess out, the LIBERAL DEBT is staggering.
Posted by Paul1405, Thursday, 7 April 2022 3:17:25 PM
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As began recently farmers are to pay hourly rates rather than payment by picking volumes. This will increase prices at the farm gate to begin with.

Paul with lock down of businesses during covid, put people out of work and income - was the Government going to allow a recession and starvation or fund the people needing income? Fortunately, our mining and agriculture assisted the funding of the lockdown. It is these industries that will reduce our future debt.
Posted by Josephus, Friday, 8 April 2022 10:14:48 AM
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