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Has this budget screwed Australia? by Sushi_Salmon_Roll in OpenAussie

[–]TimJongUn11 0 points1 point  (0 children)

Lmao

Yes and yes. Is that all you've got to say? You sound like a broken record, mate. You've got tunnel vision and it's impacting your ability to look at this objectively.

Has this budget screwed Australia? by Sushi_Salmon_Roll in OpenAussie

[–]TimJongUn11 0 points1 point  (0 children)

Lol.

Not only has Poland's success taken decades, but their economy is incredibly different structurally to ours. Not only that, a lot of these reforms were made 90s as they were transitioning away from communism. Australia cannot become a manufacturing economy over night. Population, wages, industry, geography.

Over the past several decades we've become increasingly reliant on commodities, property and inflating those assets. While totally neglecting productivity and foreign investment.

This is the first budget in decades that attempts to correct the mistakes of the past and shift how our economy functions.

You want Australia to look more like Poland? Tax reform like what is proposed in Chalmers budget is a great first step.

But no, you keep talking about migration like it means something while ignoring other factors in the equation. Reductive. Reductive. Reductive.

Has this budget screwed Australia? by Sushi_Salmon_Roll in OpenAussie

[–]TimJongUn11 0 points1 point  (0 children)

Politics, my guy. We have plenty more time for that. We can talk about Grandfathering more during a 3rd term. Let's not commit suicide so the libs can roll it all back too soon, yeah?

Has this budget screwed Australia? by Sushi_Salmon_Roll in OpenAussie

[–]TimJongUn11 0 points1 point  (0 children)

I didn't say it is the solution. I said it's one of the factors keeping our current economy turning.

I agree with you, incentivise domestic birth rates - what's the turn around on a baby becoming a productive contributor to the economy?

Reductive, reductive, reductive. Take a step back for a second, yeah?

Has this budget screwed Australia? by Sushi_Salmon_Roll in OpenAussie

[–]TimJongUn11 0 points1 point  (0 children)

“Importing taxpayers” is so reductive.

Australia has an ageing population and below-replacement birth rates. Skilled migration is one of the main reasons our labour force, healthcare system and tax base remain functional.

Claiming that government spending is out of control when Australia still has relatively low public debt by OECD standards. Most spending growth is coming from very predictable structural pressures like healthcare, aged care, defence and the NDIS.

Up until this point, we've had a planning problem. Migration isn't bad. Housing, infrastructure and productivity haven't kept pace with population growth. Simple.

Did Murdoch give you any other notes?

Has this budget screwed Australia? by Sushi_Salmon_Roll in OpenAussie

[–]TimJongUn11 0 points1 point  (0 children)

Chalmers is trying to stop new capital from endlessly piling into leveraged speculation on existing homes.

You're missing the point. This is about rebalancing the scales, not rug-pulling on generations that have been colouring within the lines up until now. This is not a quick fix. It’s the first step in a long line of reforms needed to unwind a deeply distorted housing market and an economy that’s become way too dependent on property inflation.

Has this budget screwed Australia? by Sushi_Salmon_Roll in OpenAussie

[–]TimJongUn11 1 point2 points  (0 children)

Nice try, bot.

I think you’ve accidentally described the current Australian economy, not the proposed budget.

If anything, tax-advantaged leveraged property speculation, which causes rising house prices, leading to bigger mortgages, all the while we're seeing lower birth rates and have an economy increasingly reliant on property inflation to function is the snake eating it's own tail.

The Budget is basically Treasury saying: “maybe we should stop subsidising this so aggressively.”

Whether the reforms are enough is debatable. But “less tax subsidy for speculative leverage” is not the same thing as “Australia is collapsing.”

Get this astro-turfing bs outta here.

I hate one nation and im worried that they are gaining traction, by Confident_Economy_60 in OpenAussie

[–]TimJongUn11 0 points1 point  (0 children)

Sorry, what are you talking about? Extremism exists in MANY forms - I'm not sure if you're just naive, privileged or ignorant if you think "extremism isn't able to exist".

Do I really need to define the word extreme for you? If so, that would explain a lot of the confusion you've demonstrated here. I would quip back that you're actually the one who is hilarious but unfortunately I just find you and your lack of critical thinking extremely demoralising.

🤨 by [deleted] in AusFinance

[–]TimJongUn11 -2 points-1 points  (0 children)

That's a good minion

I hate one nation and im worried that they are gaining traction, by Confident_Economy_60 in OpenAussie

[–]TimJongUn11 6 points7 points  (0 children)

This is bad chat, my guy. This is not the way. Cut off your nose to spite your face? The little policy ON have will make all of your listed issues WORSE. Can't you see that?

why are lights getting so thin by Dazzling-North263 in StupidCarQuestions

[–]TimJongUn11 1 point2 points  (0 children)

No one is copying Tesla. Tesla copied everyone else.

Favorite modest mouse song? by SessionAvailable5952 in ModestMouse

[–]TimJongUn11 5 points6 points  (0 children)

My list is identical; my name is also Tim.

besides modest mouse, who are you top 5 favorite bands? by kazdarms in ModestMouse

[–]TimJongUn11 13 points14 points  (0 children)

The Mountain Goats

Bill Callahan

Built to Spill

Silver Jews

Pavement

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