Post ATPn9CWObz6OtmodFo by artsrc@aus.social
 (DIR) More posts by artsrc@aus.social
 (DIR) Post #ATKcqPOEZZL9yWbBNg by johnquiggin@mstdn.social
       2023-03-06T07:23:10Z
       
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       Indexation is no increase – Rishworth must stop misleading people about Centrelink payments https://open.substack.com/pub/apcentre/p/indexation-is-no-increase-rishworth?r=av61o&utm_campaign=post&utm_medium=email  #auspol
       
 (DIR) Post #ATKfm4wiwKCrH4MGKu by TwitterSurvivor@mstdn.social
       2023-03-06T07:56:00Z
       
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       @johnquiggin Yes it's a shame when goodhearted politicians tell preplanned fibs bcos it only normalises it & b4 ya know it..everything one says they believe in contradicts everything else they say. And the political party merrygoround just goes around again & you end up voting for the least lowest standard lol. If it teaches #auspol that politicians can't be trusted then they should learn it. I know it's hard & people so WANT to believe..in SOMETHING! but Confirmation Bias is just a psyc weapon.
       
 (DIR) Post #ATPn9CWObz6OtmodFo by artsrc@aus.social
       2023-03-08T19:12:04Z
       
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       @johnquiggin I agree completely.And feel that same logic should apply elsewhere.Required home loans principal payments should be real.  So required principal payments should be negative (nominal), removing the pressure from home buyers.Increases in national debt are also usually quoted in nominal terms.National debt and changes in national debt should be quoted relative to GDP.Welfare payments should be quoted relative to GDP per capita.  When GDP per capita rises this should be described as a cut in welfare payments.