Kent ParkstreetMar 17

The multimillionaires who staff the Reserve Bank of Australia have decided more unemployment is a good idea.

They all have enough money to ensure their children won’t have to work, probably their grandchildren.

They can’t imagine what it is to have to choose between heat and healthy food, having already lost all the things that provide status and comfort in our society.

#AusPol

Show threadOld_IT_geek I voted YesMar 17
@kentparkstreet1 It’s the model !!
Show threadlucie digitální
@Old_IT_geek @kentparkstreet1 All models are wrong. Some models are useful.
Mar 17 at 8:42amWeb
Show threadOld_IT_geek I voted YesMar 17
@luciedigitalni @kentparkstreet1 We need an independent commission to review and correct Australia’s current economic modelling. I suspect many of the underlying Excel formulas are unchanged from Howard’s days as PM.
My experience working for a software company a long time ago receiving a panicked phone call from Treasury. They had linked 256 Excel spreadsheets That culminated into a single sheet which was the entire Australian economy. And it wasn’t working, I had to refer to the devs in the USA.