Australian politicians: staggeringly out of touch

[Seeds]

Housing is one symptom, but the general lack of awareness of what Cost of Living is doing to people is showing up. The ALP refusing to do anything about it, when they should be treating all of CoL as a national emergency (including house prices) shows that they're out of touch.

Nearly everybody is worse off financially since 2022, I guess with the exception of ALP Cabinet members and members of mostly the top 20% of wealthy people.

The fact the ALP has chosen to do next to nothing on CoL since the last budget shows how out of touch they are. They're losing polls because of it.

They don't know about CoL because they charge all their meals to the Govt or their partner at home does the shopping and cooking and doesn't bother them about it.

The ALP truly have no clue what they're walking into. The economy is teetering on recession (per-capita recession in full swing), housing is unachievable and underemployment is going up. And the ALP look like they're going to go into the election the same way the US Democrats did saying "what a great job we've done at bringing recession down, now we're all in celebration mode" and buying houses and aren't we all so happy.

Unemployment is up from 3.5% in July 2022 to 4.1%
Wages are up about 7% over the same period.
Inflation (CPI) is up 12% over the same period.
Dwelling prices are up 9% over the same period.

There are zero measures which look good for the ALP, all are trending horribly for them (dwellings and inflation higher than wage growth still, underemployment is up another 1% on top of this.

If we ignore housing the only area the govt could/should of done something was on gas prices. What else should they have done that wouldnt have caused bigger damage down the track?

You cant do much about a global supply chain crisis caused by pandemic policies. Its a genuine shock to productivity. You cant bypass it.

 

[Saint]

If we ignore housing the only area the govt could/should of done something was on gas prices. What else should they have done that wouldnt have caused bigger damage down the track?

You cant do much about a global supply chain crisis caused by pandemic policies. Its a genuine shock to productivity. You cant bypass it.

Ummmm, impose even the most minimal tax on the gas companies who were pumping up prices to make record profits.

Gas prices were not affected by the global supply chain crisis or pandemic policies. If anything, prices should have gone down as demand was less. But the companies just jacked them up because they could, mostly because Russian supply was on the nose.