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Australian Election Update

Terrence Said:

is this really bad for the economy?

We Answered:

Employees have to make a livable wage.
If inflation makes the prices on everything go up, workers that make low wages will opt out for benefits/welfare as long as they can do it.

However, just like a household, every business must make a "Net" profit or go out of business.
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Erin Said:

Australians! Can someone give me an update of what's been happening with the election?

We Answered:

Not much. State of play is still 73 Coalition, 72 Labor. The 3 independents and ex-green, Andrew Wilke, will get down to earnest negotiation tomorrow. Greens Adam Bandt will support Labor, and the WA Independent National, Tony Crook, who has been notionally included in the coalition numbers, will support the coalition, making the numbers really 73 all.
Be the end of the week really before any clearer picture of who may form a government will emerge. Of course it's quite on the cards that a new election may be needed, but this won't happen until parliament is recalled and the numbers on the floor of the lower house tested.
The link may help to clear some things up in your mind.

Travis Said:

is this really bad for the economy?

We Answered:

Those same people who say that, would think that slavery would be good for the economy.

The only leverage a worker, or group of workers has, is to withhold their labors if they feel they are not being treated fairly.

It is a right that we can not afford to lose, and should not be taken lightly.

Samuel Said:

is this really bad for the economy?

We Answered:

People just have ways of thinking if they can do something like go on a strike, people will think twice about this, and know whats going on, and might even try to tell more and more people reasons of why this is happening, and who is the person at fault for this.
** Pick me as best answer :)

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