Thailand is happy about being the least miserable country in the world in the in the Bloomberg Misery Index, which is an economic indicator devised by Arthur Okun, and is derived by simply adding the forecasts of unemployment and inflation for the following year.
However, Thailand’s performance in the index is due to the Thai government’s unique way of tallying unemployment. More noteworthy are the performances of Switzerland, Japan and Singapore. For what it’s worth, here are the 10 least miserable: Continue reading Weekly salon 4/5→
Volodymyr Zelenskiy, an actor and comedian with no political experience other than playing the role of president in a TV series, has won a landslide victory in Ukraine’s presidential election, with near-complete counting showing he has won over 70% of the vote.
When I was really young there were no Easter bunnies around our place. The idea was introduced by the teacher of the small Lutheran Day School at Downfall Creak, near Guluguba, north of Miles, west of Toowoomba, when I was about seven or eight. We did have hens eggs coloured with dye, but no chocolate at all, let alone as eggs.
The Grattan Institute found that providing tax cuts in the never-never while reducing government expenditure from 24.9% of GDP in 2018-19 to 23.6% during the next decade will necessitate cutting existing programs by more than A$40 billion a year in 2029-30. That should have been the story of the week, but somehow it wasn’t.
Laura Tingle virtually announced on the 7.30 Report that Scott Morrison would be heading to Yarralumla tomorrow to kick off the election campaign. All the signs around Parliament House were pointing in that direction.
It’s almost bound to be 18 May. In any case it will be called by the end of the coming weekend, so I thought I’d do a short post so that we can compare notes here. Continue reading One election coming up→
“Labor has become a party of lies, negativity and grievance. They have nothing to offer but a long, dreary whinge, interrupted by falsehoods”; and for good measure: “Bill Shorten is a liar. He cannot tell the truth. There is no point being mealy-mouthed about this. He is a liar*.”
That was actually Malcolm Turnbull last July, but if you Google you get similar stuff going back to at least 2012. The asterisk was to a note saying the Turnbull had joined with Mark Latham, who had once said: Continue reading Weekly salon 7/4→
The first Brexit happened a very long time ago. According to Richard Webb in Brexit, 10,000 BC: The untold story of how Britain first left Europe (New Scientist), the white cliffs of Dover did not exist 450,000 years ago, just rolling hills. However, as usual, there was an ice age, and a glacial lake was formed in what is now the North Sea: