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Australia Has 3.7 Million People Living In Poverty (Read 653 times)
greggerypeccary
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Re: Australia Has 3.7 Million People Living In Poverty
Reply #30 - Yesterday at 7:41pm
 
Bobby. wrote Yesterday at 7:18pm:
greggerypeccary wrote Yesterday at 7:13pm:
We all have good times ... and bad times.





Good times, bad times, you know I've had my share
When my woman left home for a brown-eyed man
But I still don't seem to care.


Grin
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thegreatdivide
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Re: Australia Has 3.7 Million People Living In Poverty
Reply #31 - Yesterday at 7:46pm
 
Bobby. wrote Yesterday at 5:51pm:
thegreatdivide wrote Yesterday at 4:52pm:
And yet:

(Metro)

Tom Cruise abandons £35,000,000 London flat after claiming city has become unsafe

Tom Cruise has quietly stepped back from one of London’s most exclusive postcodes, with sources claiming the Hollywood star no longer felt safe living in the heart of Knightsbridge.

The 63-year-old actor is understood to have left his £35million luxury apartment overlooking Hyde Park after a string of high-profile crimes in the area, culminating in a daylight robbery at a nearby luxury watch store.

A source close to the Mission: Impossible star told The Daily Mail that the turning point came after a brazen raid on the Bucherer boutique near his home.

Masked thieves reportedly arrived on motorbikes in what witnesses described as a coordinated attack, smashing their way into the shop with sledgehammers and ‘swinging machetes’ at security guards who tried to intervene, the publication has claimed.

The robbery lasted just minutes, but around 20 high-value watches were taken.

The source said: ‘The over aggressive attack on the store below cemented the lack of security surrounding the multi-million pound flats where Cruise lives.’


These guys don't have low IQs - such attacks take a high degree of co-ordination -  and they know mean mainstream wages are for losers....

And the government 'welfare net' stopped working properly ages ago.

So it's fun and games for the ultra-wealthy in London.....




They should have had armed guards at the jewellery store.    Roll Eyes


"...a coordinated attack, smashing their way into the shop with sledgehammers and ‘swinging machetes’ at security guards who tried to intervene, the publication has claimed".

You want the guards to project military-grade force?

Get used to it, as inequality  soars and average wages don't cover living costs.
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thegreatdivide
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Re: Australia Has 3.7 Million People Living In Poverty
Reply #32 - Yesterday at 7:59pm
 
freediver wrote on Feb 1st, 2026 at 12:34pm:
TGD: The question is: why not?

Because we do not actually want communism. It is a meaningless political slogan, not a real goal.


Well it can mean 'common prosperity' for all, ie, absence of crippling c-o-l and housing pressures for lower wage earners, which Oz, UK, US and EU citizens are experiencing, hence the current dysfunctional politics in the democracries.

Meanwhile China's miracle economy has slowed, given the West's inability to compete with China - and the subsequent tariffs being levied on Chinese exports.

All courtesy of mainstream Neoclassical economics informing WTO 'free-trade' rules.

Quote:
The causes and solutions are the same, regardless of race.


You are blind to the macroeconomic forces keeping c.10% of the population - the most disadvantaged - in poverty or out of work,  or forced to survive on low wages in a high c-o-l economy.
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Frank
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Re: Australia Has 3.7 Million People Living In Poverty
Reply #33 - Yesterday at 8:21pm
 
thegreatdivide wrote Yesterday at 7:59pm:
freediver wrote on Feb 1st, 2026 at 12:34pm:
TGD: The question is: why not?

Because we do not actually want communism. It is a meaningless political slogan, not a real goal.


Well it can mean 'common prosperity' for all, ie, absence of crippling c-o-l and housing pressures for lower wage earners, which Oz, UK, US and EU citizens are experiencing, hence the current dysfunctional politics in the democracries.

Meanwhile China's miracle economy has slowed, given the West's inability to compete with China - and the subsequent tariffs being levied on Chinese exports.

All courtesy of mainstream Neoclassical economics informing WTO 'free-trade' rules.

Quote:
The causes and solutions are the same, regardless of race.


You are blind to the macroeconomic forces keeping c.10% of the population - the most disadvantaged - in poverty or out of work,  or forced to survive on low wages in a high c-o-l economy.

Hundreds of millions of more Chinese live in poverty than there are Australians, let alone Australians living in poverty.
And most of those poor Australians are far, far better off than the hundreds of millions of poor Chinese.

Must be the West's fault, too...

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Re: Australia Has 3.7 Million People Living In Poverty
Reply #34 - Today at 6:24am
 
The median Chinese salary is less than half of our unemployment benefits. China actually has a higher income disparity than Australia. TGD attempts to disagree with me on this occasionally, but he does not understand what any of the statistics mean. All he knows is what the CCP tells him to know.

Back when the CCP was literally starving Chinese people to death by the tens of millions, their propaganda machine was still so god they had the Chinese peasants feeling sorry for the poor hungry Americans, who were just getting into the obesity epidemic. Nothing has changed really.

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thegreatdivide
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Re: Australia Has 3.7 Million People Living In Poverty
Reply #35 - Today at 1:42pm
 
Frank wrote Yesterday at 8:21pm:
thegreatdivide wrote Yesterday at 7:59pm:
freediver wrote on Feb 1st, 2026 at 12:34pm:
TGD: The question is: why not?

Because we do not actually want communism. It is a meaningless political slogan, not a real goal.


Well it can mean 'common prosperity' for all, ie, absence of crippling c-o-l and housing pressures for lower wage earners, which Oz, UK, US and EU citizens are experiencing, hence the current dysfunctional politics in the democracries.

Meanwhile China's miracle economy has slowed, given the West's inability to compete with China - and the subsequent tariffs being levied on Chinese exports.

All courtesy of mainstream Neoclassical economics informing WTO 'free-trade' rules.

Quote:
The causes and solutions are the same, regardless of race.


You are blind to the macroeconomic forces keeping c.10% of the population - the most disadvantaged - in poverty or out of work,  or forced to survive on low wages in a high c-o-l economy.


Hundreds of millions of more Chinese live in poverty than there are Australians, let alone Australians living in poverty.


I was waiting for FD to play the China  card, but you beat him to it.

You ignore the fact Aussies don't care about poverty in China, they are worried about their own hip pocket.

And the 'dismal science' mainstream-econonomists are all clamoring for an interest rate rise today, tightening the  screws on poor borrowers.

I hope the mainstreamers end up with egg on their miserable faces at 2.30pm today; there are a few sensible economists who understand the CB can't reduce demand for electricity or rents - the chief culprits causing inflation.

Quote:
And most of those poor Australians are far, far better off than the hundreds of millions of poor Chinese.


Most maybe, but not all..... a disgrace, considering the comparison of those in (relative) poverty in Oz and China  a mere decade ago.

Quote:
Must be the West's fault, too...


It IS Western mainstream Neoclassical-economists' fault, as examined in the MMT thread. 
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Re: Australia Has 3.7 Million People Living In Poverty
Reply #36 - Today at 1:59pm
 
freediver wrote Today at 6:24am:
The median Chinese salary is less than half of our unemployment benefits.



If you insist - can you provide the link?


Quote:
China actually has a higher income disparity than Australia.


That's because inequality increases as a nation moves out of absolute poverty; the first producers of wealth become rich first.

But there comes a point when a nation seeking to establish common prosperty will ensure all participate in the nation's wealth , as per China's latest (15th) five- year plan, with manufacturing rising up the value chain.

But not in the "free" US, a developed country which has higher inequality than China - a disgrace, and the cause of social breakdown in the US. 

Quote:
TGD attempts to disagree with me on this occasionally, but he does not understand what any of the statistics mean. All he knows is what the CCP tells him to know.


Refuted above.

And let's wait for the frenzied political clamor, if the idiot  'dismal science' Bullock raises rates - the Libs are salivating at the prospect.

Quote:
Back when the CCP was literally starving Chinese people to death by the tens of millions, their propaganda machine was still so god they had the Chinese peasants feeling sorry for the poor hungry Americans, who were just getting into the obesity epidemic. Nothing has changed really.


Er China has built the biggest middle class in the world, after initiating  the 'Chinese miracle'.

Do try to keep up.

Edit: so Bullock has ensured her own savings earn more unearned income, while screwing millions of mortgage holders and renters.
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« Last Edit: Today at 2:07pm by thegreatdivide »  
 
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Frank
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Re: Australia Has 3.7 Million People Living In Poverty
Reply #37 - Today at 2:46pm
 
thegreatdivide wrote Today at 1:42pm:
Frank wrote Yesterday at 8:21pm:
thegreatdivide wrote Yesterday at 7:59pm:
freediver wrote on Feb 1st, 2026 at 12:34pm:
TGD: The question is: why not?

Because we do not actually want communism. It is a meaningless political slogan, not a real goal.


Well it can mean 'common prosperity' for all, ie, absence of crippling c-o-l and housing pressures for lower wage earners, which Oz, UK, US and EU citizens are experiencing, hence the current dysfunctional politics in the democracries.

Meanwhile China's miracle economy has slowed, given the West's inability to compete with China - and the subsequent tariffs being levied on Chinese exports.

All courtesy of mainstream Neoclassical economics informing WTO 'free-trade' rules.

Quote:
The causes and solutions are the same, regardless of race.


You are blind to the macroeconomic forces keeping c.10% of the population - the most disadvantaged - in poverty or out of work,  or forced to survive on low wages in a high c-o-l economy.


Hundreds of millions of more Chinese live in poverty than there are Australians, let alone Australians living in poverty.


I was waiting for FD to play the China  card, but you beat him to it.

You ignore the fact Aussies don't care about poverty in China, they are worried about their own hip pocket.

And the 'dismal science' mainstream-econonomists are all clamoring for an interest rate rise today, tightening the  screws on poor borrowers.

I hope the mainstreamers end up with egg on their miserable faces at 2.30pm today; there are a few sensible economists who understand the CB can't reduce demand for electricity or rents - the chief culprits causing inflation.

Quote:
And most of those poor Australians are far, far better off than the hundreds of millions of poor Chinese.


Most maybe, but not all..... a disgrace, considering the comparison of those in (relative) poverty in Oz and China  a mere decade ago.

Quote:
Must be the West's fault, too...


It IS Western mainstream Neoclassical-economists' fault, as examined in the MMT thread. 

Cheesy Cheesy Cheesy


No matter what anyone says, your response is always the same and always totally unrelated to what anyone said.
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Bobby.
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Re: Australia Has 3.7 Million People Living In Poverty
Reply #38 - Today at 2:48pm
 

Hi TGD ,

do you get paid for your pro  CCP posts?   Undecided
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thegreatdivide
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Re: Australia Has 3.7 Million People Living In Poverty
Reply #39 - Today at 3:35pm
 
Frank wrote Today at 2:46pm:
thegreatdivide wrote Today at 1:42pm:
Frank wrote Yesterday at 8:21pm:
thegreatdivide wrote Yesterday at 7:59pm:
freediver wrote on Feb 1st, 2026 at 12:34pm:
TGD: The question is: why not?

Because we do not actually want communism. It is a meaningless political slogan, not a real goal.


Well it can mean 'common prosperity' for all, ie, absence of crippling c-o-l and housing pressures for lower wage earners, which Oz, UK, US and EU citizens are experiencing, hence the current dysfunctional politics in the democracries.

Meanwhile China's miracle economy has slowed, given the West's inability to compete with China - and the subsequent tariffs being levied on Chinese exports.

All courtesy of mainstream Neoclassical economics informing WTO 'free-trade' rules.

Quote:
The causes and solutions are the same, regardless of race.


You are blind to the macroeconomic forces keeping c.10% of the population - the most disadvantaged - in poverty or out of work,  or forced to survive on low wages in a high c-o-l economy.


Hundreds of millions of more Chinese live in poverty than there are Australians, let alone Australians living in poverty.


I was waiting for FD to play the China  card, but you beat him to it.

You ignore the fact Aussies don't care about poverty in China, they are worried about their own hip pocket.

And the 'dismal science' mainstream-econonomists are all clamoring for an interest rate rise today, tightening the  screws on poor borrowers.

I hope the mainstreamers end up with egg on their miserable faces at 2.30pm today; there are a few sensible economists who understand the CB can't reduce demand for electricity or rents - the chief culprits causing inflation.

Quote:
And most of those poor Australians are far, far better off than the hundreds of millions of poor Chinese.


Most maybe, but not all..... a disgrace, considering the comparison of those in (relative) poverty in Oz and China  a mere decade ago.

Quote:
Must be the West's fault, too...


It IS Western mainstream Neoclassical-economists' fault, as examined in the MMT thread. 

Cheesy Cheesy Cheesy


No matter what anyone says, your response is always the same and always totally unrelated to what anyone said.


Oh dear,  FD screamed "communism' at me, so I put him straight.

And fyi, the topic is (increasing) poverty in Oz...

But you and FD blame the victims of poverty, rather than addressing the causes of poverty.

At least Trump in 2016 said (re the US inner-city ghettos): "you are living in poverty, your neighborhoods are like war zone..."

He's trying to fix it by overthrowing WTO free-trade rules....
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Re: Australia Has 3.7 Million People Living In Poverty
Reply #40 - Today at 3:41pm
 
Bobby. wrote Today at 2:48pm:
Hi TGD ,

do you get paid for your pro  CCP posts?   Undecided


No.

fyi, I despise the CCP's flirting with the Western-style private housing as investment scheme, which has blown-up and caused severe damage to the wealth of Chinese citizens.   
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Re: Australia Has 3.7 Million People Living In Poverty
Reply #41 - Today at 3:44pm
 
thegreatdivide wrote Today at 3:41pm:
Bobby. wrote Today at 2:48pm:
Hi TGD ,

do you get paid for your pro  CCP posts?   Undecided


No.

fyi, I despise the CCP's flirting with the Western-style private housing as investment scheme, which has blown-up and caused severe damage to the wealth of Chinese citizens.   



Well - you should get paid -
they pay other people - why not you?
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Re: Australia Has 3.7 Million People Living In Poverty
Reply #42 - Today at 3:53pm
 
Bobby. wrote Today at 3:44pm:
thegreatdivide wrote Today at 3:41pm:
Bobby. wrote Today at 2:48pm:
Hi TGD ,

do you get paid for your pro  CCP posts?   Undecided


No.

fyi, I despise the CCP's flirting with the Western-style private housing as investment scheme, which has blown-up and caused severe damage to the wealth of Chinese citizens.   



Well - you should get paid -
they pay other people - why not you?


Because I don't promote what I'm told to promote.   
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Re: Australia Has 3.7 Million People Living In Poverty
Reply #43 - Today at 4:03pm
 
thegreatdivide wrote Today at 3:41pm:
Bobby. wrote Today at 2:48pm:
Hi TGD ,

do you get paid for your pro  CCP posts?   Undecided


No.

fyi, I despise the CCP's flirting with the Western-style private housing as investment scheme, which has blown-up and caused severe damage to the wealth of Chinese citizens.   


TGD is not happy with the CCP only killing 100 million Chinese people. He wants more communism, not less. But he will happily credit communism with the increase in living standards in China since their rapid transition to capitalism.
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