Productivity debate goes nowhere as left, right share old ideas

Since the Treasurer Jim Chalmers and the department, any chance from Auguster is decreasing, they work overtime to find some good ideas before the August efficiency round table.

Considering the meeting-business, trade unions, welfare groups-make-up, a round table meeting is more likely to see more than a visionary embrace of national interests of the participants’ agendas. Danielle Wood of the Productivity Commission, the only participant who does not have a barrow group to push or a lobby group to push, may feel quite bored as everyone continues to work as usual.

This is valid even for Chalmers himself yesterday allegedly At the round table meeting, the opposition attacked the New Shadow Treasurer Ted O’Brien at the round table meeting, and asked him not to “take this as an extension of the question of question”. Apparently, the counting is allowed to use a round table for political gain.

The unity movement is already marked The Business Council requires more government spending, higher wages and more regulations (especially AI) than the round table, which is the labor equivalent of the Lower regulation, lower company taxes and less protection for less protection for workers. ACTU is useful launching Workers’ employers “a survey to complain about whether they have the ability to get the best of the cooperation and conflict and conflict and supervisors and managers of their teams. He is constantly talking about AI.

Left wing interpretation is not less predictable. . Future Business Center -Reflecting an ignorance close to the blackboard as a road user of the fuel consumption-as a road user accusation-as the removal of oil tax loans and surprise! real Productivity Problem: Teeth) and more Rar -C, because the government can spend 50% of GDP on Ring tax privileges, and someone claims that it is still not enough and Australia allows too much good idea to go abroad.

Somewhere else Protector – Where else – today you can find some academics from the “mental wealth initiative”. offer A list of complaints. They warn a AI apocalypse (increasing unemployment and inadequate employment, reducing wages and reducing disposable income ”) and“ an entrepreneurial state model that provides public returns ”(what is wrong?),“ A universal basic income for people engaged in social productive activities ”and”.

Even if it is not a conspiracy, it seems to have interests with hyper AI: for the left, it is the latest version of the technology called by Luddits – threatening to destroy employment and exceed billions and need urgent intervention; For the artificial intelligence industry itself, the solution of our productivity crisis wrapped in a proper package is only us… If we give AI companies a lot of money, it offers hundreds of billions of benefits.

And this is only about the prosecution of ordinary personal interests, as well as something about the debate of productivity: the rhetoric is always overheating. Those who participated in productivity discussions are like a conspiracy theorist who always manages the barricades of civilization. He lives in a constant turning point ”. Wherever you are, in the efficiency discussion, always up to midnight for five minutes: work and Financial review He always insists that we encounter a collapse of living standards, a new period of inflation or economic disaster; The left always sees a new attack on workers and the victory of inequality at the point of breaking.

In this permanent crisis, a repeating issue is, “There are worrying signs in Australia that the next generation can be the first to be the first to financially than parents in modern history”.

These are the lyrics of Commonwealth Bank submission To the Productivity Commission’s current consultation process around productivity – Financial review Today for “courage”. . AFR CBA was worried that he contradicted the Australian Business Council/AFR A company suggested that the tax reduction was a silver bullet for productivity “crisis, and that a company was a lower priority than removing the tax and reserve taxes, including the boundaries of Super.

Detailed to CBA because it goes beyond the usual personal interests. But this line about the fact that the next generation is poorer than now, is a fixture of the debate on productivity from both left and right – in fact, for decades, an economic debate has been the basis for decades, and even Dani Wood made a speech recently.Generation bargaining wear“.

Economic thought E61 InstituteUnder the chairmanship of former PC President Michael Brennan, a three weeks ago report To distribute some myths on this subject. It is difficult to believe that the allegations about the close fall of the next generation’s economic position returned to Andrew Peacock, who attacked the Hawke government (and that it was not sold regularly before).

The key point from the report will not be poorer than ours and previous generations, but they will be richer than us, but later in life: “Today, the story of young Australians may be a decline, but a delay.” Young people earn more than their parents and grandfather and their grandfather – but they have more debt (especially student debt) and in the future of life, they reach large milestones such as hosting.

This is partly the result of problems that we cannot address, such as housing, and deliberate policy choices: the young Australians are forced by compulsory retirement to save for what may be much greater pension than their parents in retirement. Among the great property heritage of this and later in life, their lifelong reserves are likely to be much larger, but they will have fewer authorities when they are young.

The E61 also touches on an important point of debate with the prism of right -wing antagonism for the growth of the caregiver economy of right -wing antagonism: Women and especially young women have benefited significantly from the major investments made by governments in the maintenance economy. “Many young Australians, especially young women, benefit from one of the most powerful and most inclusive labor market recovers following the COVİD-19 PANDEM… For the first time in the registration, the gender hourly hourly difference difference of 25 to 34 years old, early career women now use male caregivers.”

This is a milestone success and rarely a success. Everything, the same tired, self -serving ideas by calling both the left and the right pushed “from five minutes to midnight” contributes to a different picture of the crisis narrative.