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The priority given to the middle class was not new — Biden stressed it in speeches through the primaries and again as a candidate. And it is no doubt important. But when seen in the light of the passionate polarisation of the campaign, the closeness of the results, and the continuing mutual antipathy of the supporters of each party, rebuilding the middle class seems an unlikely source of healing.
There is a common error about economics that, if not corrected, has far reaching consequences. It is the widely held belief that economic growth and consumption are the same. They are not.
One of the minor annoyances of the United States election was how unreliable the polls turned out to be, particularly in some key swing states. Unsurprising, but still annoying for those hoping for a massive repudiation of the Trump presidency. In the large scheme of affairs the failure of the polls to predict is insignificant, but it does raise interesting questions about its implications for public life in the United States and in Australia.
Bosses give any number of reasons, often focused on some vaguely defined notion of productivity, why they do or don’t support remote working, but ultimately it comes down to a single, fundamental question: what is the ideal balance between reducing expenditure and surveilling workers?
The global economy was already teetering on the edge of such a debt crisis before the coronavirus hit. The economic shutdowns have accelerated the damage.
Beyond the announcement of the corona supplement falling from $550 to $250 a fortnight in September, and the reintroduction of asset testing, there has been little in the way of a roadmap for our nation’s unemployed in a landscape where job seekers outnumber jobs 13:1.
In response to an ABC call out, ‘hundreds of people from across the country’ shared similar experiences of coronavirus-related racism. All these stories illustrate that a wide range of public spaces — indeed the few spaces we are allowed to frequent in lockdown like supermarkets, roads and parks — are not safe for everyone.
If they are to enlist the support of their people in acting responsibly in the face of coronavirus, governments must themselves practice responsibility. They must look to the good of the whole community, and especially to disadvantaged people who are at the greatest risk of contracting the coronavirus.
In Australia, we have long boasted of our unparalleled prosperity and strong economic growth. We have championed home ownership and the quarter acre block — after all our home is meant to be our castle. But for too many, the basic human right of having a place to call home remains out of reach.
The full economic impact of the coronavirus lockdowns will not be fully felt until the end of the year, but it will be devastating. The Treasurer, Josh Frydenberg, is already estimating that the effective employment rate is 13.3 per cent; it may be headed for as high as 20 per cent. It raises a question, not just in Australia, but in many developed countries. Will there be a significant middle class left after such economic destruction?
These statues form part of the rich texture of our daily lives, personal histories and cultural environment. They invite tolerant smiles rather than scowls. This article celebrates a selection of friendly Melbourne statues that have reflected places where they and I have stood. It invites you to make your own selection.
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