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Remember Labor’s Madeline King admitted making gas cheap would undermine investment in renewables? Yep. Albo’s Labor government are intentionally making everything BUT solar and wind more expensive by putting their foot on the scales Market manipulation

14,561 views • 1 year ago •via X (Twitter)

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BAN ON ”SUPERMARKET PRICE GOUGING”🤯 What a pathetic embarrassment. Andrew Leigh fancies himself a serious economist, yet here he is, slithering around as Labor’s pathetic mouthpiece, shamelessly spruiking their con job on so-called “supermarket price gouging". This policy is a cynical fraud, a deliberate hoodwink designed to fool Labor’s and the Greens’ gullible, economically illiterate base while desperately papering over the fact that Australia has endured the highest inflation rate in the developed world under the rotten Albanese regime. There are literally tens of thousands of products on supermarket shelves. Can Andrew Leigh or anyone in Labor name one single item sold in the past year that this legislation would actually deem an “excessive price”? Just one. And what exactly is a “reasonable margin”? They can’t define it, of course — because the whole thing is meaningless bureaucratic nonsense. Worse than useless, this is a dangerous stunt that broadcasts a dishonest message and promotes a failed ideology to the ignorant that government can magically control prices. It is economic illiteracy dressed up as action. As Adam Smith rightly observed: “It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest.” Rising living standards and falling real prices come from individuals and companies ruthlessly pursuing higher profits through innovation and efficiency in competitive markets — not from Labor’s meddling. For what actually disciplines prices and squeezes margins is competition, not regulation. Yet Labor actively protects the Woolworths-Coles duopoly because their workers are unionised and the unions bankroll the party. That’s the dirty truth. If Labor genuinely wanted lower supermarket prices, they would slash the suffocating red tape and regulation that strangles new entrants. Instead, they do the opposite. Remember when the German supermarket giant Kaufland tried to set up in Australia? They poured over half a billion dollars into property, staff, and distribution to challenge the duopoly — then walked away in disgust at Australia’s toxic regulatory environment that protected Woolworths & Coles. When they announced they were pulling out of the Australian market because of excessive regulation, the combined value Woolworths and Coles shares surged by $2 billion in a single day. The market understood perfectly: no competition means fatter margins for the incumbents. The real cause of high supermarket prices in Australia is excessive government interference. Yet Albanese’s “solution”? Pile on even more regulation — just another deterrent to new competitors. Ultimately, Labor’s “excessive prices” legislation is classic Labor: a dishonest stunt to deceive the public, con their ignorant supporters, and make Australia’s inflation problem even worse. Pure economic vandalism wrapped in populist rhetoric. Australia deserves better than this crooked dishonest regime Labor regime. But where is anyone from the Coalition shredding this latest Labor conjob ?

Craig Kelly:🇦🇺Foundation for Economic Education

12,915 views • 2 months ago

There was a time when a truck driver, factory worker, roofer, mechanic, lineman, warehouse worker, or machine operator could support a family on one income. Not rich. Not luxury. Just a house, a car, kids, and stability. That world existed. Then America decided cheap labor mattered more than protecting the value of American work. Factories were outsourced. Borders were flooded. Visa programs expanded. Contract labor exploded. Corporations learned something dangerous. When labor becomes unlimited, wages stop rising. CEO's go from being millionaires to billionaires and politicians are relatively cheap. Younger generations see it clearly. When millions more workers flood the market, especially in middle and lower wage jobs, the bargaining power of American workers collapses. Employers no longer compete for labor. Labor competes for employers. Construction wages flatten. Entry-level jobs disappear. Young men work two or three jobs and still cannot get ahead. Marriage and family formation get delayed. Home ownership collapses for the next generation. We were told this would not hurt American workers. It has. Immigrants, legal and illegal, now make up roughly one-third of the construction trades workforce. In many areas the share is far higher. The wage suppression in the very jobs that once built the middle class is real and persistent. People try to say this is about hating immigrants. That is a hard conversation when the people making the accusation either benefit from the impact or are not affected by it at all. This is about a simple question. Why did America stop protecting the economic value of its own citizens?

Chief_Engineer

17,347 views • 1 month ago