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#costofliving

13 posts12 participants1 post today

“Prime Minister Anthony Albanese confirmed Australia would not retaliate with tariffs of its own, but said the US president's tariffs were an act of "economic self-harm".

abc.net.au/news/2025-03-12/aus

That is the right call. Tariffs on US goods would only hurt Australians, the #Australian #economy and make the #CostOfLiving worse (#Economics101 everyone!).

What would be effective retaliation is for a consumer #boycott of all US products. Just don’t buy any of their shit folks! Starting with Govt purchases (I.e. cancel #AUKUS )

Another great retaliatory trade tactic is the imposition of #Quotas on all US goods and services.

Just saying the obvious here.

#auspol.

ABC News · Albanese says 'unjustified' US tariffs on Australia poor way to treat a friendBy Jake Evans

In case you wanted to look at the results of the #GiveDirectly #UniversalBasicIncome from 2023 study yourself:

"Early findings from the world’s largest #UBI study"

"Both a large lump sum and a long-term UBI proved highly effective. The lump sum enabled big investments and the guarantee of 12 years of UBI encouraged savings and risk-taking."

givedirectly.org/2023-ubi-resu

GiveDirectly · Early findings from the world’s largest UBI study | GiveDirectlyMoney always helps, but for the poorest, one large lump sum can last a long time. A long-term universal basic income also looks promising.

Homes so hot 'you can't breathe inside' bringing tension to outback towns
By Emma Haskin and Stewart Brash

As outback temperatures soar, vulnerable tenants with prepaid power are regularly having their electricity cut, resulting in "appalling" living conditions with huge social ramifications.

abc.net.au/news/2025-03-11/nt-

ABC News · Vulnerable outback residents with prepaid electricity see power cut offBy Emma Haskin

Homes so hot 'you can't breathe inside' bringing tension to outback towns
By Emma Haskin and Stewart Brash

As outback temperatures soar, vulnerable tenants with prepaid power are regularly having their electricity cut, resulting in "appalling" living conditions with huge social ramifications.

abc.net.au/news/2025-03-11/nt-

ABC News · Vulnerable outback residents with prepaid electricity see power cut offBy Emma Haskin

I keep reading about how blue states are losing population due to high cost of living - but every time we crunch the numbers the only thing that makes #Baltimore more expensive for us than #Florida is the post-pandemic mortgage + to a much lesser degree, state taxes

Florida is not affordable, especially when your home insurance doubles overnight in the least climate-sensitive (inland, high ground) part of the state. #costofliving #redstate #bluestate

Barcelona's middle class is rising up against the housing crisis.

To prevent the tenants being evicted, the town hall bought a building from an investment fund that wanted to turn the apartments into seasonal rentals.

A symbolic operation, but a drop in the ocean as the city faces growing housing difficulties.

mediafaro.org/article/20250307

Residents and members of the tenants' union rally to prevent evictions from the Casa Orsola building, now a symbol of the housing crisis, in Barcelona, 31 January 2025. | JOSEP LAGO / AFP
Le Monde · Barcelona's middle class is rising up against the housing crisis.By Sandrine Morel

New report shows how Australian life has changed over last 20 years
By Hannah Murphy

The HILDA report is a body of work that has surveyed 9,000 Australian households every year, for the last 22 years. Here's what they say has changed.

abc.net.au/news/2025-03-06/hil

ABC News · Eight graphs show how Australians have changed over the last 20 yearsBy Hannah Murphy

An great article in #TheConversation on Ontario’s basic income pilot:

"We found that increased income security improved participants’ mental health, reduced their stress and allowed them to improve diets with healthier food options. Some spoke of no longer having to rely on food charity as they could go the grocery store like everyone else."

Tha'ts what #UBI recipients want to do: live a dignified life like #everyone else. ❤️

theconversation.com/a-basic-in

The ConversationA basic income can be a strong investment in mental healthImproving mental health through a basic income is a wise investment, one that will prevent the needless suffering of generations to come.

"Some estimates suggest just Tuesday's #tariffs alone could cost the average U.S. household $830 a year — and that's before you factor in the cost of anticipated retaliatory tariffs from #Canada, #China and #Mexico.

How Trump's tariffs will impact everyday Americans
axios.com/2025/03/04/trump-tar

#UScostofliving
#USeconomy
#trumptariffs
#USpol
#uspriceincrease
#USpricerises
#costofliving

A choropleth map of the U.S. showing the estimated impact by state of President Trump's new tariffs on Canada, Mexico and China based on January 2024-November 2024 trade data. Texas faces the biggest impact, at about $47 billion. Hawai'i would face the lowest, at about $50 million.
Axios · How Trump's tariffs may affect everyday AmericansBy Emily Peck