Tag Archives: opinion

Warning: get off housing gravy train – ABC News (Australian Broadcasting Corporation)

There’s an opinion page on the ABC News page about the increasing rise in house prices (and the subsequent fall in housing affordability). The solution presented: build more housing (not necessarily houses – apartments are okay too), thus increasing the supply. Unfortunately, that won’t help.
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Wage growth does not automatically equate to inflationary pressure…

One of my coworkers tossed out this line today: “We can’t just increase the minimum wage, because that would cause inflation”. I said at the time that didn’t have to be the case, and I just thought I’d capture my reasoning in writing.
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I’d rather be right than certain

The New York Times has a really interesting article on the faith-based presidency entitled Without a Doubt It covers a lot of the concerns, particularly within the Republican party, that people have about Bush’s willingness to ignore inconvenient facts.
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