Category Archives: Fantasy Budget

A Budget that reduces growth and increases joblessness – for no sound reason

Last night, the Federal Government brought down the – 2013-14 Budget – claiming it was a responsible response to the circumstances it faced (declining world growth, declining terms of trade and persistently high exchange rate) and that it emphasised growth … Read the rest of this entry »

Posted in Economics, Fantasy Budget | 14 Comments

The Fantasy Budget 2013-14

This is my Fantasy Budget 2013-14, which will be part of Crikey’s Budget coverage leading up to the delivery of the Federal Budget on May 14, 2013. This blog is relatively short and more or less within the constraints I … Read the rest of this entry »

Posted in Fantasy Budget | 18 Comments

MMT Budgetary principles

This is a background blog which will support the release of my Fantasy Budget 2013-14, which will be part of Crikey’s Budget coverage leading up to the delivery of the Federal Budget on May 14, 2013. This blog provides some … Read the rest of this entry »

Posted in Fantasy Budget | 10 Comments

Investing in a Job Guarantee – how much?

This is a background blog which will support the release of my Fantasy Budget 2013-14, which will be part of Crikey’s Budget coverage leading up to the delivery of the Federal Budget on May 14, 2013. This blog will provide … Read the rest of this entry »

Posted in Fantasy Budget, Job Guarantee | 7 Comments

What is a Job Guarantee?

This is a background blog which will support the release of my Fantasy Budget 2013-14, which will be part of Crikey’s Budget coverage leading up to the delivery of the Federal Budget on May 14, 2013. The topic of this … Read the rest of this entry »

Posted in Fantasy Budget, Job Guarantee | 17 Comments

The Australian labour market – 815 thousand jobs from full employment

This is a short background blog which will support the release of my Fantasy Budget 2013-14, which will be part of Crikey’s Budget coverage leading up to the delivery of the Federal Budget on May 14, 2013. The topic of … Read the rest of this entry »

Posted in Fantasy Budget | 2 Comments

Daily macroeconomic income losses from unemployment

This is a short background blog which will support the release of my Fantasy Budget 2013-14, which will be part of Crikey’s Budget coverage leading up to the delivery of the Federal Budget on May 14, 2013. The topic of … Read the rest of this entry »

Posted in Fantasy Budget | 3 Comments

Australia output gap – not close to full capacity

A national media organisation (Crikey) invited me to be one of their Fantasy Budget providers this year and this is a background blog to the preparation of my Fantasy Budget 2013-14 for Australia, which I will publish next Monday. In … Read the rest of this entry »

Posted in Economics, Fantasy Budget | 3 Comments

The indecent inconsistency of the neo-liberals

Last weekend, the Australian government announced a major new funding initiative for farmers. The so-called – Farm Finance Program – will handout millions to farmers who are struggling to make ends meet. Whenever I see these special assistance packages being … Read the rest of this entry »

Posted in Fantasy Budget, Unemployment Benefits | 11 Comments