[mertle]

but coalition not sorting it you think they are but aint.

The standard living too high this crux issue you got either drop it down or increase wages. Infact Chris osbourne just done oposite. Just anounced system keep ponzi housing scheme higher than ever. Moving few deck chairs on the titanic wont stop titanic hit the bottom sea. At some point we goto have government with bottle to tell rich the truth or crash our ponzi housing and capping rental charges.

Else only other way wages need to move up to support standard living. They think market forces will downgrade itself when its artificially being pumped. It wont therefore welfare will go up still at somepoint private sector will shed jobs as the demand wont be there. Any deleveraged of public spending takes money out of the economy its basic economics. Factor in the multiplyer and you tank the economy.

At some point osbourne will create that tipping point when jobs will get shed like wildfire. When it happens this country in trouble big trouble. welfare has always self righted when country thrives as jobs created. We have to solve pension issues and minimum wage problems to living wages. Later is major issue the pension crisis is been caused by bankers irresponsible speculating and brown raiding.

Agree labour was useless over this but they was and still ruled by idiots who support this neoliberal claptrap.