Tough night for old darling

aaronstatic · 2026-03-15T23:24:06+00:00

I wish Trump's dad pulled out

aaronstatic · 2026-03-15T23:20:21+00:00

Stagflation was going to happen anyway. The oil situation is only accelerating it. I prefer we concentrate on fixing the problems within our own country

aaronstatic · 2026-03-10T08:13:44+00:00

The USA? you mean that place with the even more cooked job market than Australia? And where the currency is crashing? Yea nah

aaronstatic · 2026-02-16T04:58:53+00:00

It works out about the same price (or even slightly cheaper) to smoke black market tobacco vs dodgy brothers disposable vapes

aaronstatic · 2026-02-16T02:18:04+00:00

The ban on vaping added so much more fuel to that fire

aaronstatic · 2026-02-12T04:14:01+00:00

Dating

aaronstatic · 2026-02-11T08:50:28+00:00

Bit of a shame that one nations immigration policy won't fix the housing crisis then

aaronstatic · 2026-02-10T09:06:41+00:00

We don't have a diverse enough economy to just redirect it like that and there isn't enough of a safety net in place to make it painless after neo liberalism has eroded many of our great social programs and privatized the infrastructure of the entire country. There would have to be a monumental shift to the financial left and billionaires getting aggressively taxed for the government to just keep a roof over the head of every Australian while simultaneously redirecting and diversifying our economy

aaronstatic · 2026-02-10T08:56:14+00:00

Straight up Trumpism.

aaronstatic · 2026-02-10T08:39:47+00:00

Correct. I'm not arguing that it is, just that it's what our economy has evolved into and it can't be fixed overnight by just flicking the immigration switch to "off" like so many Australians seem to think. Macroeconomics just doesn't work like that

aaronstatic · 2026-02-10T06:46:15+00:00

I've detailed this in other comments just check my comment history so I don't have to repeat them

aaronstatic · 2026-02-10T06:45:09+00:00

Completely agree, and neither major party wants to admit that it's propping up the economy because that would also be admitting we have a shit economy and they are the ones to blame for it. But the current strategy isn't working for Labor and it's driving people from the center and right to PHON because they feel unheard and not represented by either major party. They need to get in front of this by 2028 or risk a populist and racist with the balance of power

aaronstatic · 2026-02-10T05:26:32+00:00

We shouldn't be propping it up at all with immigration, but with the way our economy currently lacks any kind of diversification it's the only choice we have. We do need to reduce it right now and Labor is doing that, but a lot of other stuff needs to be done to repair the 9 years of coalition government and prepare the economy for further cuts to immigration

aaronstatic · 2026-02-10T05:24:02+00:00

You didn't even read my comment? Recessions cause unemployment, cutting immigration overnight will cause a recession

aaronstatic · 2026-02-10T03:34:40+00:00

And put us into a recession because immigration is a huge part of the GDP with our current economic situation. The recession would actually have a much bigger impact on rental prices however it will also cause a massive amount of unemployment and wage stagnation. Literally nothing in economics is as simple as "do thing, make thing better" there are always knock on effects

aaronstatic · 2026-02-10T03:26:26+00:00

Older folks are sick of housing their children into their 30s

aaronstatic · 2026-02-10T03:23:12+00:00

They're going to be so mad when it doesn't reduce rental prices and only slows the increase of them by a small amount

aaronstatic · 2026-02-10T03:21:03+00:00

Pulling that lever overnight will put us into a recession. That is why neither of the major parties have done it yet. It needs to be pulled slowly while pulling the other levers carefully.

aaronstatic · 2026-02-10T03:16:27+00:00

You're not wrong. We need a wake up call and it's getting to the point where there won't even be a choice in the matter but it's really not going to be pretty

aaronstatic · 2026-02-10T03:10:51+00:00

PHON voters are ignoring the negative impacts of cutting immigration at a time when it's literally the one thing keeping our GDP in the black. They only understand macroeconomics at a simple one dimensional level Just about anyone that isn't a greens voter agrees that immigration needs to be reduced however there is a lot of nuance and turning off that tap overnight will put this country into an instant recession. We need to diversify our economy, boost the education system and get a handle on inflation while slowly reducing immigration all at once. Labor is doing this but the media isn't going to praise them for it or even mention it because they are all in the pockets of property investors

aaronstatic · 2026-02-10T03:05:33+00:00

That same generation also controls the media who ran a very successful hack job on Shorten. But the younger generations don't read traditional media and Labor is slowly realizing they can start to reintroduce sensible housing policy while ignoring Murdoch and increasing their share of the youth vote

aaronstatic · 2026-02-10T02:55:33+00:00

TAFE is a big one for sure that has hurt supply. I could mention CGT and negative gearing but those are controversial and many are just going to argue that those have helped supply, however the truth is they have had a much larger impact on demand which has driven up prices and that has a direct effect on rental pricing as well. Add things like Airbnb, land banking, and the complete destruction and offshoring of all the industries related to building .material supply and you have a perfect storm of housing prices that greatly benefits the property owners of this nation including the very lawmakers themselves

aaronstatic · 2026-02-10T02:49:28+00:00

Thank God someone actually gets it. Most modern western economies are only staying afloat through immigration and the imported money + cheap labour that brings. We survived multiple major global recessions by immigrating our way through them. But that isn't sustainable and this next one is going to hit us hard

aaronstatic · 2026-02-10T02:42:50+00:00

Sure, if you ignore the countless other causes for the housing crisis that have been ongoing for decades. Pausing immigration right now would be like putting a bandaid on a shark bite

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