Thursday, 28 August 2014

Around The Traps 29/8/14

It is time for Around the Traps again.

A special thanks to Club Troppo as there RSS feeds are fantastic.
No football and cricket has yet to start so updating at leisure on the week-end.

Aussie,Aussie,Aussie, Oy,Oy,Oy
Northern America
Andrew Gelman ( Mainly Statistics)
 Dave Giles (Econometrics)
Dianne Coyle (Quirky + Book Reviews)

Vox Wonk

Wednesday, 27 August 2014

The Progression of the blog

I thought I might just ramble on about the figures for this blog.

Referring Sites are:
For the week

  1. Dave Giles
  2. Loaded Dogma
  3. Catallaxy
  4. Matt Cowgill
  5. Gerard Jackson
For the month
  1. Dave Giles
  2. Loaded Dogma
  3. Catallaxy
  4. Gerard Jackson
  5. Mark The Graph
  6. Matt Cowgill
For all time
  1. Catallaxy  
  2. Dave Giles
  3. Andrew Gelman
  4. John Quiggin
  5. Loaded Dogma
Most read articles are thus
  1. Around the Traps 25/8/14
  2. Scott Morrison
  3. Some interesting experience I have had
  4. What can we say about Joe Hockey
  5. Who is Kate Beckett, Another look
  1. Around the Traps 1/8/14
  2. Around the Traps 25/8/14
  3. Grateful Dead
  4. Robin Williams
  5. Israel and Palestine

  1. Carly Simon
  2. Around the Traps 3/5/13
  3. Around the Traps 5/4/13
  4. Around the Traps 19/4/13
  5. Around the Traps 31/5/13
There is an increase of  over 10-20 times in page views from the month to all time thus Around the Traps is becoming a research tool for some and that is pleasing.

Actually I wont ramble and simply let it finish there.

Tuesday, 26 August 2014

Some interesting experiences I have had of late on some Sites

I was reading Legal Eagle not long ago and in particular what Lorenzo was saying in defence of Israel . He said it was appalling to accuse it of apartheid. So I asked him why Jewish Israelis got Government services , ID cards being the most important item , from different offices to Arab Israelis. why were there different allowances made for water.
He simply deleted my comments and then stopped me commenting again showing he believes in free Speech as much as Sinclair Davidson does.

Then I was reading Club Troppo where Nick Gruen was asking for help. I told him I felt his pan as I could not comment at his site using Not Trampis.
That dictator ( say this in gest as Nick is probably the nicest bloke in the Blogosphere) promptly deleted my comment. I still cannot comment at Club Troppo and you contact anyone to tell them of the problem!!!!

Then Jim rose put up some blow in who claimed Australia had excessive spending. I replied this was simply ideology as for example neither interest rates nor inflation was rising. where was the evidence for this claim of excessive spending. He has yet to reply and I do not expect him to do so. Evidence to back up half baked assertions is not his forte.

Meanwhile I will prepare for cricket season!!

Sunday, 24 August 2014

Scott Morrison is a disgrace

Scott Morrison fronted the Human Rights Commission into what is occurring to Children who are refugees in the detention centres they are forced to live in.
 He apparently didn't like the detention centres being likened to prisons.
He wanted to know how the Christmas Island detention centre is like the Malabar prison.
Well for a start I have yet to read anywhere that a person asserting detention centres are like prisons are saying they are similar to maximum security centres.
Prisons go from Maximum security complexes to minimum security to prison farms to weekend detention centres.
Either Morrison knows this and is deliberately avoiding answering the question or he has no idea. It doesn't matter. He has no moral compass. The lack of freedom for children was the major reason why children were incurring the psychological problems they have.

And we should NEVER forget it was the ALP who started these refugee prisons!

Thursday, 21 August 2014

Around the Traps 22/8/14

It is time for Around the Traps.
No cricket for three weeks so plenty of time to update on the weekend.

Northern America


Andrew Gelman (Mainly Stats)
Dave Giles (Econometrics)
Dianne Coyle (Quirky + Book Reviews)
Vox wonk

Tuesday, 19 August 2014

What can we say about Joe Hockey

Joe Hockey has had a pretty poor week indeed fortnight.
John Quiggin was early on his case. Greg Jericho was there as well. Ross Gittins is around there too.

Andrew Elder also bought in. Mumble thought Joe needed a break. He remembered Paul Keating and Peter Costello very early as treasurers and how unimpressive they were.( Indeed there were calls to remove Keating as he was thought a 'captive' of Treasury!!)

I tend to think Mumble has a point BUT Keating had less time as shadow treasurer to prepare for Government and he had the worst Treasury Secretary to help him in John Stone.

I have said previously Hockey has good staff so I do not know how Hockey mixed up absolute and relative revenue of income earners.He appears not to understand what is a progressive and a regressive tax is!

He also needs a plan B as plan A plainly has failed.
It doesn't matter how many times you say Labor's deficit and debt disaster if it hasn't resonated with the public you need to move on. You also cannot argue the budget was fair when all the evidence points to it be quite unfair.

It seems the Present government is as bad as the Government they replaced at basic politics.

Monday, 18 August 2014

Wayne Swan

Wayne Swan should go down as one of the better performing treasurers we have had.

Faced with a looming GFC he eventually listened to both Glenn  Stevens and Ken Henry and brought down two stimulus measures that helped Australia avoid recession ( although nominal GDP did fall ).

He did not try to engage in reckless fiscal consolidation until the last budge had had total responsibility for. In this budget he cut NOMINAL spending and detracted 0.7 percentage points from GDP. This is easily the tightest budget we have ever seen or have figures for. Unfortunately it weakened the economy!

The stimulus measures were entirely appropriate. If they were too large we would have seen rising interest rates and inflation with wages on the increase as well. We saw nothing along these lines.

If monetary policy was the reason for Australia recovered then people must explain how the lag was so short back then and so long now.
Some people such as Tony Makin said we could have relied on net exports for our recovery however net exports were only positive because the negative contribution from exports was lower than that for imports!

For those people who suggest we needed no stimulus measures then they might try to explain why every country that adopted austerity measures had a depression ( a 10% drop in GDP).

We should also realise those critics of 'excessive spending' said the same thing about Ireland and Europe but we only saw those economies go backwards not forward so those critics cannot read GDP figures!

Where people go badly on Swan is conflating his performance as treasurer and his performance as a politician. If people thought interest rates were lower under the Liberals under John Howard than under Labor then it can only because he failed to explain this properly. If people thought Labor had excessive spending then again it goes back to Swan. I agree with Mumble in that Swan never portrayed any confidence at all as Treasurer. I never understood this and perhaps it can only be explained by Swan paying far too much attention to focus group research.

However in the final run a Treasurer is a politician as well as policy induced Treasurer and in this respect he was poor.
Indeed he brought down a very severe contractionary budget in the expectation the lower interest rates which would occur would bring the ALP political plaudits.This didn't happen and again as Treasurer he must take the blame. Here he forgot we all live in the nominal economy not the real economy. Skeptikoi shows this.

Wayne Swan is truly a mixed character.