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Lloyd

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About Lloyd

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    Victoria
  • Country
    Australia

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  1. Lloyd

    Aussie Politics

    Participation is a ratio. Of those in work or looking for work as a % of total labour force. Population is growing by about 1.6% a year - this is fairly steady, you can check. That is loosely the denominator. The participation rate increased by 0.5% in the year to May 18 - a 2.5% increase in employed people is included somehow in the numerator of the ratio. The unemployment rate is about steady. So yes, I would say that this may be keeping wage growth soft despite a 5.2% increase in workers compensation. A link to some recent numbers. "I find myself thinking that low wage growth results from the coming together of a large number of factors." That is correct, of course. And one reason I could never be a macro economist - so much hand waving and hot air. Black Magic and devil worship are kittens in comparison.
  2. Lloyd

    Trump

    If "half wit mountain men" are willing and able (have the physical and mental capacity, and motivation) to vote, the implication that is made about those who don't vote is abundantly obvious.
  3. Lloyd

    Aussie Politics

    How is it transmitted? Can a visit to the pharmacy with a script fix it?
  4. Lloyd

    Aussie Politics

    From the national accounts as of about March this year (I think June are out, now) annual GDP growth was about 3.1%. In the same period, there was a 5.2% increase in workers compensation. This translated into 1.6% increase in average earnings per worker. I can suggest one obvious reason why this anomaly may be happening.
  5. Lloyd

    Trump

    A horse, actually. May all your dreams come true.
  6. Lloyd

    Aussie Politics

    Unemployment is a lagging indicator of what (in your opinion)? That tariffs set up over half a decade ago in the car industry were dumb idea? Obama's right wing "government"? Don't you mean administration?
  7. Lloyd

    Aussie Politics

    Germaine Greer also had her day as something of a vixen with an astonishing ability to think. Emma is the Chief Economics Correspondent for the ABC with a known questionable ability to think.
  8. Lloyd

    Aussie Politics

    Which situation? Media ownership? Ownership exerting influence over management? Media influencing an election campaign? A foreign country seeking to gain by virtue of media ownership? A foreign *government* seeking to gain? That the foreign govt is Communist? What are the policies of the Communist govt sought to be promoted? Fishing in the South Sea? As I alluded to a day or so ago, keep things simple if you want an answer to a question that matters to you, without confusion. Is there anything else ambiguous that I have left out? If ya don't, you indeed begin to sound like Geoffrey Robinson on Hypothetical where people would sometimes laugh at the absurdity. I think that nobody was ever satisfied. At least they were probably being paid for being on the show. Edit - consider opening a new topic, Media Ownership, maybe with such a scenario as your opening post. It may find some interest. Coz as wide as Aussie Politics may be, media is worthy of its own thread I reckon. Or, I could try myself, but right now I am a bit pre-occupied. Anyway, I actually made my initial position reasonably clear (with caveats, in another context.) a short while ago about ownership vs management. But you know, that wasn't made explicit in your scenario, just alluded to. Get the framework correct and everyone is happy.
  9. Lloyd

    Aussie Politics

    You ask me how I would feel?
  10. Lloyd

    Aussie Politics

    Whether commercial outfits are biased is irrelevant. They can be, they are, and that is their right.
  11. Lloyd

    Aussie Politics

    Careful there! 5G in rural areas? Not in the foreseeable future, when even 4G is a pipe dream. 3G is barely okay as to reception for mobile phones, and even it has plenty of dead spots..
  12. Lloyd

    Aussie Politics

    Do I take that as a definitive and exhaustive summary that sums up everything from the viewpoint of the Friends of Their ABC and other like-minded folk? If so, okay. If not, why not, and therefore may we conclude that the statement may be interpreted in the manner it was intended?
  13. Lloyd

    Aussie Politics

    I would be interested in hearing what she actually has to say. Especially if the UK authorities reckon she is "not conducive to the public good". Rather than what other people say she says. We know that the meeja has a proclivity for choosing to convey only the bits that their readership wants to know.
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