Melbourne, Victoria
Joined November 2007
- Tweets17.9K
- Following973
- Followers573
- Likes95.9K
Adam Gilbert retweeted
Well jeeze folks, I just can't figure out where this inflation is coming from....
Adam Gilbert retweeted
Question to those who think socialism is better than capitalism: When the Berlin wall fell, who ran to which side?
Adam Gilbert retweeted
The answer to violence, including against women, is not more restrictions on free speech but more civil and rational discourse and there we all have a role to play.
Adam Gilbert retweeted
🇫🇷 Rioters in France are attacking the firefighters trying to put out the fires
Adam Gilbert retweeted
Send in some international peacekeepers to protect the Louvre
xitter.cf/finansaljoker/status/2…
Adam Gilbert retweeted
I find it hard to believe that protests full of foreign flags and face masks are primarily about the cost of living.
Or that people causing billions in property damage are mainly concerned about underfunded public services.
Anyone is welcome to be ignorant. Just don’t expect the rest of us to be.
Adam Gilbert retweeted
Looting and defacing statues of French historical heroes and Saints, you can really see how this is about students having air conditioning in school...
Adam Gilbert retweeted
Labor’s new tax on trusts bill is being introduced to parliament - which they claim is about making business owners pay the same tax as employees.
This ignores the fact that business owners put their own cash on the line, carry risks employees don’t and only get paid if anything is left over.
They carry high accounting costs, pay property taxes, pay payroll tax for the privilege of hiring employees, pay employees who pay income tax and often end up with GST debts without any income of their own to show for it.
If you can’t recognise that the risk, reward and contribution of a business owner is fundamentally different that of an employee, you shouldn’t be leading the country.
Adam Gilbert retweeted
As events continue to unfold in Australia, one can't help but be struck at how we are following the British model.
Government overreach, a more and more government reliant economy and fraying social fabric.
How you could look at that and think, yeah lets do that, is beyond me.
Adam Gilbert retweeted
Pattern Recognition is the form of intelligence that causes the most stress.
You will see things that others do not.
You'll feel crazy.
Things will be *so obvious* to you, and others will just deny it.
Adam Gilbert retweeted
If your country jails people for posting memes on social media but lets terror suspects who tried to bomb a military base walk free on bail, you don’t have a serious country.
You have a failed state.
Adam Gilbert retweeted
Stop making the mortgage holders carry the whole inflation fight. 🏠📈
The RBA doesn’t want Australians out of work—but it knows that when an economy runs too hot, inflation can become a bigger jobs disaster later. The real issue is fairness: if households, businesses and workers are being asked to cool spending and accept a softer labour market, government must show discipline too. You can’t keep asking mortgage holders to take the hit while public spending keeps fuelling demand. 🤔
#InterestRates #Inflation #MortgageHolders #RBA #AustralianEconomy #PropertyMarket #Australia
Adam Gilbert retweeted
The Albanese government are taking the piss with the latest Intergenerational Report.
Assuming things like 1.2% p.a productivity growth for decades to come, when their average since coming to power is productivity falling.
A politically motivated disappointment.
To have an AFL umpire make it all about him to decide a grand final entry like that. So disappointing for what was an epic game @AFL
Adam Gilbert retweeted
'New evidence has exposed Anthony Albanese personally announcing $6m for his local golf course before the grants programme was established, despite him denying any involvement'
Remember when an undeclared bottle of wine brought down a Premier....
news24.com.au/politics/austr…
Adam Gilbert retweeted
I think people need to be concerned about the ongoing push for government to gain influence over or control social media algorithms.
Imagine being able to stop the spread of negative news or perspectives on their rule, regardless of whether it was true or not.
Is there a less self-aware political leader than Anika Wells? She says that over the last year she has noticed people, even face to face, no longer trust her or the government. She puts this down to “the power of the algorithms.”
Her own travel expense scandal aside, her government and party are masters of running scare campaigns, operating dirt units, and now outright lying to the public about core election promises.
She is either lying to herself or lying to you. I’d say the latter.
There is a clear and concerted scare campaign underway right now to blame all manner of social ills on “algorithms”, in other words, if/then statements and loops. It’s not that there are problems. It’s that you are noticing them, you see.
Adam Gilbert retweeted
The economic problems remain the same no matter how much the government tries to spin it.
Immigration continues to juice growth, and regulation and taxation continues to hinder business investment and productivity growth.
This Labor’s government’s entire time in office is shaping up to be defined by population expansion, persistent inflation and declining real growth per person.
——————————————————
“GDP growth was entirely due to population growth - which is to say that GDP per capita was unchanged for the quarter and up only 0.7% for the year.
So two thirds of the annual increase in gross domestic product was due to the fact there were more people doing the domestic producing.
And even closer to what really matters, real disposable income per capita - that is, after tax, price rises and mortgage interest - actually fell in the quarter and was dead flat for the year.
The decline in GDP per capita growth from 2.5% per year 20 years ago to 0.7% now is correlated with the decline in productivity growth - which was actually flat in the June quarter.
And what does that correlate with? Business investment.
The growth in capital stock per person - that is, the stuff that businesses have invested in - used to be 2% per year.
Now, it’s zero.