23-08-2017, 10:13 AM
OK. I'm happy to stand corrected on that technicality
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Most of my friends are actually going backwards.
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Their last payrise already got wiped out by higher rego / insurance / power bills. Just like last time and the time before that.
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So they will spend even less money in the future and it will cost us dearly.
Â
In my opinion economic growth that's less than inflation and Govt spending is a loss.
Â
That's why we're running deficits.
Â
Most of my friends are actually going backwards.
Â
Their last payrise already got wiped out by higher rego / insurance / power bills. Just like last time and the time before that.
Â
So they will spend even less money in the future and it will cost us dearly.
Â
In my opinion economic growth that's less than inflation and Govt spending is a loss.
Â
That's why we're running deficits.