Tag Archives: pessimism bias

Will Robots Take Our Jobs?


We’re All Gonna Starve!

Would @GetUp @SenSanders go back in Time Machine to their 1970s glory days?

The 1st @PaulKrugman explains globalisation to @SenSanders @JeremyCorbyn


Source: Enemies of the WTO (1999).

Best defence of Employment Contracts Act is a @FairnessNZ graphic


Source: Low Wage Economy | New Zealand Council of Trade Unions – Te Kauae Kaimahi, with extra annotations by this blogger.

#DavidAislabie shares @MaxRashbrooke’s boy’s own view of pre-1984 NZ as an egalitarian paradise

David Aislabie yesterday in the Wanganui Chronicle went beyond Max Rashbrooke’s boy’s own view of the 1970s New Zealand is an egalitarian paradise. Aislabie said

The post-war New Zealand I grew up in was the envy of the world — an egalitarian paradise and a great place to bring up children.

It is a sad irony that the baby boomers who benefited from the welfare state they inherited from their parents’ generation should be responsible for snatching those benefits away from subsequent generations.

At least last year, Max Rashbrooke was good enough to qualify his pre-economic reform egalitarian paradise to not include women and Maori

New Zealand up until the 1980s was fairly egalitarian, apart from Maori and women, our increasing income gap started in the late 1980s and early 1990s,” says Rashbrooke. “These young club members are the first generation to grow up in a New Zealand really starkly divided by income.

Leaving out a good 60% of the population from the pre-1984 New Zealand egalitarian paradise is a bit of a stretch on any paradise.

image Pre-1984 was no paradise to sing that you were glad to be gay; you could have been thrown in jail and many were.

NZ top income earners as lazy as ever @MaxRashbrooke @CloserTogether

Max Rashbrooke was good enough to remind us that the 2013 update of New Zealand top income shares came online a few days ago.

As is well known to everyone except those obsessed with top income shares, New Zealand top income shares have not changed much since the late 1980s. They are now no higher than in the good old days when New Zealand was an egalitarian paradise in their eyes.


Source: The World Wealth and Income Database.

Why did voters vote to Leave or Remain? @JulieAnneGenter @Income_Equality

There were few difference across the political spectrum as to why voters voted to Remain or Leave. This is according to Lord Ashcroft’s survey on referendum day of over 12,000 voters.

Source: How the United Kingdom voted on Thursday… and why – Lord Ashcroft Polls

Labour and Tory voters voted to leave to regain control over immigration and sovereignty.

Labour and Tory voters who wanted to remain thought the EU and its single market was a good deal not worth putting at risk. It is all about identity politics, not inequality.

Vote Leave voters are a grumpy lot who think things have been getting worse for 30 years:

Leavers see more threats than opportunities to their standard of living from the way the economy and society are changing, by 71% to 29% – more than twice the margin among remainers…

By large majorities, voters who saw multiculturalism, feminism, the Green movement, globalisation and immigration as forces for good voted to remain in the EU; those who saw them as a force for ill voted by even larger majorities to leave.