<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: High art and triple whammies</title>
	<atom:link href="http://clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/feed/" rel="self" type="application/rss+xml" />
	<link>http://clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/</link>
	<description>Fearlessly dispensing political, legal and economic analysis (and some whimsy) since 2002</description>
	<lastBuildDate>Tue, 22 May 2012 22:38:40 +0000</lastBuildDate>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.3.2</generator>
	<item>
		<title>By: Nicholas Gruen</title>
		<link>http://clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32851</link>
		<dc:creator>Nicholas Gruen</dc:creator>
		<pubDate>Tue, 16 May 2006 13:43:01 +0000</pubDate>
		<guid isPermaLink="false">http://www.clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32851</guid>
		<description>Paul, 

I like the idea of working for the dole, but my understanding is that while it was a nice idea to get people working on the Great Ocean Road, most people who were unemployed didn&#039;t manage to get that kind of employment. They queued up for their susso. 

A person 18 in 1938 might well have had to leave school very early to try to help his family eke out a living. As for suicide, it is actually coming down quite sharply - or was when I last looked, but you are right that it is coming down from record highs and is still much higher than a while back. Still I&#039;d rather take even a 40 in a 100,000 chance (mid 90s - it was down to around 25 at the end of the series I&#039;m looking at around 2003 for males 20-24) than a 1000 in 100,000 chance of dying wouldn&#039;t you?

Of course such a relatively high suicide rate speaks to us of a cultural malaise I guess.  But really, I still think the comparison is pretty awful.  Young people today get vastly more schooling, and much more help.  They can start businesses and do all sorts of things much more easily than they could have in 1938.  Of course they seem to be doing comparatively badly, and that&#039;s the fact and the problem we&#039;re confronted with - which makes it a bit silly getting too fancy about comparisons with other times.  But I&#039;m afraid your words don&#039;t convince me.  

For me I think of myself, and can imagine it being very hard to do OK and keep my head up high in the 1930s if a few things went the wrong way.  It&#039;s a bit of a ridiculous thing trying to &#039;think&#039; ones way into another situation - in which I&#039;d be a different person. But right now, I know lots of employers who are just screaming out for people with basic work discipline, turning up on time, doing the best they can, doing what they say they&#039;ll do, getting on with other people. 

I sent some design work to a uni student the other day who&#039;d expressed an interest in part time design with the businesses we run.  I enjoyed talking to him on the phone and it turned out he was also interested in copy writing and I said we could send him some work to do in that regard as the relationship developed.  I sent him a small bit of work to do in lieu of an interview asking him to have a go at putting a word document in to the company style and we&#039;d pay him at the advertised rate if we used his stuff.  

I got no reply for about four or five days so I had to follow up and ring him again (I had told him in our phone interview that I was emailing him a task).  The guy said he&#039;d look at his email. A day later I got this email. 

&lt;blockquote&gt;Hi Nicholas
Sorry for not having got back to you sooner. I&#039;ve looked over the material that you sent me and I&#039;ve decided that it&#039;s not the right kind of job for me.
Regards&lt;/blockquote&gt;

Now I have no real problem with this guy suiting himself. Why shouldn&#039;t he?  And good on him.  (Though he could have been more thoughtful </description>
		<content:encoded><![CDATA[<p>Paul, </p>
<p>I like the idea of working for the dole, but my understanding is that while it was a nice idea to get people working on the Great Ocean Road, most people who were unemployed didn&#8217;t manage to get that kind of employment. They queued up for their susso. </p>
<p>A person 18 in 1938 might well have had to leave school very early to try to help his family eke out a living. As for suicide, it is actually coming down quite sharply &#8211; or was when I last looked, but you are right that it is coming down from record highs and is still much higher than a while back. Still I&#8217;d rather take even a 40 in a 100,000 chance (mid 90s &#8211; it was down to around 25 at the end of the series I&#8217;m looking at around 2003 for males 20-24) than a 1000 in 100,000 chance of dying wouldn&#8217;t you?</p>
<p>Of course such a relatively high suicide rate speaks to us of a cultural malaise I guess.  But really, I still think the comparison is pretty awful.  Young people today get vastly more schooling, and much more help.  They can start businesses and do all sorts of things much more easily than they could have in 1938.  Of course they seem to be doing comparatively badly, and that&#8217;s the fact and the problem we&#8217;re confronted with &#8211; which makes it a bit silly getting too fancy about comparisons with other times.  But I&#8217;m afraid your words don&#8217;t convince me.  </p>
<p>For me I think of myself, and can imagine it being very hard to do OK and keep my head up high in the 1930s if a few things went the wrong way.  It&#8217;s a bit of a ridiculous thing trying to &#8216;think&#8217; ones way into another situation &#8211; in which I&#8217;d be a different person. But right now, I know lots of employers who are just screaming out for people with basic work discipline, turning up on time, doing the best they can, doing what they say they&#8217;ll do, getting on with other people. </p>
<p>I sent some design work to a uni student the other day who&#8217;d expressed an interest in part time design with the businesses we run.  I enjoyed talking to him on the phone and it turned out he was also interested in copy writing and I said we could send him some work to do in that regard as the relationship developed.  I sent him a small bit of work to do in lieu of an interview asking him to have a go at putting a word document in to the company style and we&#8217;d pay him at the advertised rate if we used his stuff.  </p>
<p>I got no reply for about four or five days so I had to follow up and ring him again (I had told him in our phone interview that I was emailing him a task).  The guy said he&#8217;d look at his email. A day later I got this email. </p>
<blockquote><p>Hi Nicholas<br />
Sorry for not having got back to you sooner. I&#8217;ve looked over the material that you sent me and I&#8217;ve decided that it&#8217;s not the right kind of job for me.<br />
Regards</p></blockquote>
<p>Now I have no real problem with this guy suiting himself. Why shouldn&#8217;t he?  And good on him.  (Though he could have been more thoughtful </p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Nicholas Gruen</title>
		<link>http://clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32849</link>
		<dc:creator>Nicholas Gruen</dc:creator>
		<pubDate>Tue, 16 May 2006 12:59:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32849</guid>
		<description>Mark,

The numbers are real - they wouldnt make much sense as nominal numbers - Earnings would have risen by a lot more than 40 odd percent in nominal terms. 

Further they might look to you like everyone was paid the same back at the origin, but what the graph measures is the extent to which what was already a fairly wide gap has got larger.  

So even if you read the graph naively to say that there was no gap in the mid 70s, you&#039;re still getting the right message.  Things have been stagnating for those of lower age and the older ones have been doing nicely. 

But yes, in your last para you&#039;re right.  If you wait, you get the benefits of this bifurcation. By definition if people live to a similar age, there&#039;s some levelling out of ultimate results.  But the youngies have to wait longer (at the same time as funding much more expensive houses - with larger mortgages even taking into account lower interest rates.) 

Then there are other things I failed to mention in my post, all of which do in the younger members of the workforce. I support most of them but they&#039;re intergenerationally tough.  Increased self provision for large dissaving episodes like expenditures such as retirement and for education.</description>
		<content:encoded><![CDATA[<p>Mark,</p>
<p>The numbers are real &#8211; they wouldnt make much sense as nominal numbers &#8211; Earnings would have risen by a lot more than 40 odd percent in nominal terms. </p>
<p>Further they might look to you like everyone was paid the same back at the origin, but what the graph measures is the extent to which what was already a fairly wide gap has got larger.  </p>
<p>So even if you read the graph naively to say that there was no gap in the mid 70s, you&#8217;re still getting the right message.  Things have been stagnating for those of lower age and the older ones have been doing nicely. </p>
<p>But yes, in your last para you&#8217;re right.  If you wait, you get the benefits of this bifurcation. By definition if people live to a similar age, there&#8217;s some levelling out of ultimate results.  But the youngies have to wait longer (at the same time as funding much more expensive houses &#8211; with larger mortgages even taking into account lower interest rates.) </p>
<p>Then there are other things I failed to mention in my post, all of which do in the younger members of the workforce. I support most of them but they&#8217;re intergenerationally tough.  Increased self provision for large dissaving episodes like expenditures such as retirement and for education.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Mark Upcher</title>
		<link>http://clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32847</link>
		<dc:creator>Mark Upcher</dc:creator>
		<pubDate>Tue, 16 May 2006 12:17:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32847</guid>
		<description>Nicholas,

Are these real or nominal FTE?

You also have to be careful in interpreting these charts. By converting the chart to an index it makes it look as if all age groups were getting paid the same at the start of the period and then a big gap opened up.  Younger workers have always been paid substantially less than older workers.  

It is also interesting that the gap appears to have opened up by just as much during the Labor Accord as during the later period when labour markets became more deregulated.  And during the Accord, according to this chart, FTE for younger workers fell (hence my query abour whether the measure is real and nominal).

The charts also tells me that a 24 year old that was doing relatively badly in 1990 is a relatively prosperous 38 year old in 2004.</description>
		<content:encoded><![CDATA[<p>Nicholas,</p>
<p>Are these real or nominal FTE?</p>
<p>You also have to be careful in interpreting these charts. By converting the chart to an index it makes it look as if all age groups were getting paid the same at the start of the period and then a big gap opened up.  Younger workers have always been paid substantially less than older workers.  </p>
<p>It is also interesting that the gap appears to have opened up by just as much during the Labor Accord as during the later period when labour markets became more deregulated.  And during the Accord, according to this chart, FTE for younger workers fell (hence my query abour whether the measure is real and nominal).</p>
<p>The charts also tells me that a 24 year old that was doing relatively badly in 1990 is a relatively prosperous 38 year old in 2004.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Paul Watson</title>
		<link>http://clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32844</link>
		<dc:creator>Paul Watson</dc:creator>
		<pubDate>Tue, 16 May 2006 07:01:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32844</guid>
		<description>Nicholas,

I still think that you&#039;re overestimating the privations suffered by the parents-of-boomers generation (born c.1920) and underestimating those of GenX (*not* &quot;Y&quot;</description>
		<content:encoded><![CDATA[<p>Nicholas,</p>
<p>I still think that you&#8217;re overestimating the privations suffered by the parents-of-boomers generation (born c.1920) and underestimating those of GenX (*not* &#8220;Y&#8221;</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Nicholas Gruen</title>
		<link>http://clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32810</link>
		<dc:creator>Nicholas Gruen</dc:creator>
		<pubDate>Mon, 15 May 2006 04:40:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32810</guid>
		<description>Wasn&#039;t upset about the swearing, but rather the lack of attention to the difference between comparative and absolute shit.  We&#039;re discriminating against Gen Y&#039;ers. That&#039;s beyond doubt.  But they&#039;ve got a whole slew of social security behind them that the 30 odd percent of working people who were unemployed during the depression had to beg for.  They&#039;re not being marched off to wars (or if they are there are very few of them and only one so far has come to grief). 

In my view the idea of comparing the suffering of the Gen Y&#039;ers to that of those who experienced anything substantial of the years 1914 to 1945 (I know you were talking of a sub-set of this) is obscene.

Those people really suffered.</description>
		<content:encoded><![CDATA[<p>Wasn&#8217;t upset about the swearing, but rather the lack of attention to the difference between comparative and absolute shit.  We&#8217;re discriminating against Gen Y&#8217;ers. That&#8217;s beyond doubt.  But they&#8217;ve got a whole slew of social security behind them that the 30 odd percent of working people who were unemployed during the depression had to beg for.  They&#8217;re not being marched off to wars (or if they are there are very few of them and only one so far has come to grief). </p>
<p>In my view the idea of comparing the suffering of the Gen Y&#8217;ers to that of those who experienced anything substantial of the years 1914 to 1945 (I know you were talking of a sub-set of this) is obscene.</p>
<p>Those people really suffered.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Paul Watson</title>
		<link>http://clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32806</link>
		<dc:creator>Paul Watson</dc:creator>
		<pubDate>Mon, 15 May 2006 00:33:01 +0000</pubDate>
		<guid isPermaLink="false">http://www.clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32806</guid>
		<description>Nicholas,

I apologise re the above, if it&#039;s my swear-word (sorta) that&#039;s got your goat.

Otherwise, I stand by what I said, with the qualification (in case it&#039;s needed) that what I&#039;m talking about is the relative lifetime experiences of middle-classers born in Australia c. 1920 vs those born c. 1965.    

Also, I am not talking about &quot;post [1961-born] generations&quot;, at large. On present indications, the post-1978-born appear to have it as good as boomers have had since childhood (and continue to have).  

More generally, I&#039;d prefer not to engage in stats-war to make my point about my generation&#039;s disadvantage.  Here then, are two recent, more-anecdotal pieces (not written by me!) about Living on the Xer Edge:
http://www.theage.com.au/news/Opinion/Generation-X-all-grown-up-and-nowhere-to-go/2005/04/26/1114462036687.html
 
http://www.theage.com.au/news/opinion/so-where-are-the-debtfree/2006/05/12/1146940731658.html?page=fullpage#contentSwap1</description>
		<content:encoded><![CDATA[<p>Nicholas,</p>
<p>I apologise re the above, if it&#8217;s my swear-word (sorta) that&#8217;s got your goat.</p>
<p>Otherwise, I stand by what I said, with the qualification (in case it&#8217;s needed) that what I&#8217;m talking about is the relative lifetime experiences of middle-classers born in Australia c. 1920 vs those born c. 1965.    </p>
<p>Also, I am not talking about &#8220;post [1961-born] generations&#8221;, at large. On present indications, the post-1978-born appear to have it as good as boomers have had since childhood (and continue to have).  </p>
<p>More generally, I&#8217;d prefer not to engage in stats-war to make my point about my generation&#8217;s disadvantage.  Here then, are two recent, more-anecdotal pieces (not written by me!) about Living on the Xer Edge:<br />
<a href="http://www.theage.com.au/news/Opinion/Generation-X-all-grown-up-and-nowhere-to-go/2005/04/26/1114462036687.html">http://www.theage.com.au/news/Opinion/Generation-X-all-grown-up-and-nowhere-to-go/2005/04/26/1114462036687.html</a></p>
<p><a href="http://www.theage.com.au/news/opinion/so-where-are-the-debtfree/2006/05/12/1146940731658.html?page=fullpage#contentSwap1">http://www.theage.com.au/news/opinion/so-where-are-the-debtfree/2006/05/12/1146940731658.html?page=fullpage#contentSwap1</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Nicholas Gruen</title>
		<link>http://clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32721</link>
		<dc:creator>Nicholas Gruen</dc:creator>
		<pubDate>Sun, 14 May 2006 05:19:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32721</guid>
		<description>Paul, thanks for your comments, but your likening the depression and WWII to the &#039;shit&#039; that post 60s generations had to put up with strikes me as obscene.</description>
		<content:encoded><![CDATA[<p>Paul, thanks for your comments, but your likening the depression and WWII to the &#8216;shit&#8217; that post 60s generations had to put up with strikes me as obscene.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Robert Merkel</title>
		<link>http://clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32702</link>
		<dc:creator>Robert Merkel</dc:creator>
		<pubDate>Sat, 13 May 2006 07:50:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32702</guid>
		<description>It&#039;s even worse if you&#039;re not breeding.  Breeders get family tax benefits and the like.  The childless get SFA.

Of course, the only place they represent a big voting bloc is in the inner cities in safe seats, one way or the other.  Though Bennelong might be very interesting next time around the way things are going... (though that may have been exaggerated by Andrew Wilkie&#039;s high-profile campaign in Bennelong).</description>
		<content:encoded><![CDATA[<p>It&#8217;s even worse if you&#8217;re not breeding.  Breeders get family tax benefits and the like.  The childless get SFA.</p>
<p>Of course, the only place they represent a big voting bloc is in the inner cities in safe seats, one way or the other.  Though Bennelong might be very interesting next time around the way things are going&#8230; (though that may have been exaggerated by Andrew Wilkie&#8217;s high-profile campaign in Bennelong).</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Kris</title>
		<link>http://clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32701</link>
		<dc:creator>Kris</dc:creator>
		<pubDate>Sat, 13 May 2006 06:43:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32701</guid>
		<description>I&#039;ve got a HECS debt and find Micallef far funnier than Dave Hughes, and I didn&#039;t even go to a private school!</description>
		<content:encoded><![CDATA[<p>I&#8217;ve got a HECS debt and find Micallef far funnier than Dave Hughes, and I didn&#8217;t even go to a private school!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Patrick</title>
		<link>http://clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32699</link>
		<dc:creator>Patrick</dc:creator>
		<pubDate>Sat, 13 May 2006 06:23:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32699</guid>
		<description>Yes, but now do a graph showing just the quantities in each decile, and extrapolate.  Inasmuch as this is an incentive to extremely able-bodied and able-minded 60 and 70 year-olds to keep working, even if part-time, then that is a really positive step in and of itself.

Although they could just make all super contributions tax free if you earn less than, say, 70,000 a year.</description>
		<content:encoded><![CDATA[<p>Yes, but now do a graph showing just the quantities in each decile, and extrapolate.  Inasmuch as this is an incentive to extremely able-bodied and able-minded 60 and 70 year-olds to keep working, even if part-time, then that is a really positive step in and of itself.</p>
<p>Although they could just make all super contributions tax free if you earn less than, say, 70,000 a year.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Paul Watson</title>
		<link>http://clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32685</link>
		<dc:creator>Paul Watson</dc:creator>
		<pubDate>Sat, 13 May 2006 02:57:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32685</guid>
		<description>Also, look at the  &quot;male&quot;</description>
		<content:encoded><![CDATA[<p>Also, look at the  &#8220;male&#8221;</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Paul Watson</title>
		<link>http://clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32684</link>
		<dc:creator>Paul Watson</dc:creator>
		<pubDate>Sat, 13 May 2006 02:38:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32684</guid>
		<description>Interesting figures and analysis, Nicholas.

Re Ken&#039;s point, that people in my age cohort (I turn 42 next month) may be (surprise!) honorary boomers in the intergenerational equity stakes. The &quot;male&quot;</description>
		<content:encoded><![CDATA[<p>Interesting figures and analysis, Nicholas.</p>
<p>Re Ken&#8217;s point, that people in my age cohort (I turn 42 next month) may be (surprise!) honorary boomers in the intergenerational equity stakes. The &#8220;male&#8221;</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: meika</title>
		<link>http://clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32680</link>
		<dc:creator>meika</dc:creator>
		<pubDate>Fri, 12 May 2006 23:10:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32680</guid>
		<description>Being a couple of years younger than Paul I can only add that more schooling, especially slow degrees which end up finishing in the HECS era, means you&#039;re more like the younger cohorts, in fact using a non-specific age thingo for graduates, and using the HECS Goyder line as a digital threshold would provide a more interesting graph.

I&#039;m forty, and got $87 dollars in super. Superannuation paying jobs avoid me like the plague.

An added factor would be that the lower the hours worked the more likely that you get no super at all for any work (i forget what the hours per month are to avoid this for casuals and parttimers).

People who do not have HECS will find Micallef funny, people who have HECS will find Hughsie funny.</description>
		<content:encoded><![CDATA[<p>Being a couple of years younger than Paul I can only add that more schooling, especially slow degrees which end up finishing in the HECS era, means you&#8217;re more like the younger cohorts, in fact using a non-specific age thingo for graduates, and using the HECS Goyder line as a digital threshold would provide a more interesting graph.</p>
<p>I&#8217;m forty, and got $87 dollars in super. Superannuation paying jobs avoid me like the plague.</p>
<p>An added factor would be that the lower the hours worked the more likely that you get no super at all for any work (i forget what the hours per month are to avoid this for casuals and parttimers).</p>
<p>People who do not have HECS will find Micallef funny, people who have HECS will find Hughsie funny.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Jennifer</title>
		<link>http://clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32678</link>
		<dc:creator>Jennifer</dc:creator>
		<pubDate>Fri, 12 May 2006 21:04:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32678</guid>
		<description>And not only have wages and salaries stagnated, house prices have emphatically not. Yet another explanation why Gens X and Y have much lower rates of home ownership than their parents did at the same ages.

(disclosure: I just sneak into the 35-44 age group)</description>
		<content:encoded><![CDATA[<p>And not only have wages and salaries stagnated, house prices have emphatically not. Yet another explanation why Gens X and Y have much lower rates of home ownership than their parents did at the same ages.</p>
<p>(disclosure: I just sneak into the 35-44 age group)</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Ken Parish</title>
		<link>http://clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32672</link>
		<dc:creator>Ken Parish</dc:creator>
		<pubDate>Fri, 12 May 2006 14:56:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32672</guid>
		<description>I was going to comment that maybe the graph explains why Paul Watson is so obsessively hostile towards baby boomers, until I noticed that the 35-44 age group (in which he is pretty much at the median) have done almost as well.  It&#039;s the Gen Y and younger group who&#039;ve fallen behind.  Moreover, although I accept that this is excessively inequitable, I doubt that those age groups are likely to save much even if the superannuation system is reformed to deliver them greater incentives.  Most of us tend instinctively to believe we&#039;re immortal until we hit our mid 30s.</description>
		<content:encoded><![CDATA[<p>I was going to comment that maybe the graph explains why Paul Watson is so obsessively hostile towards baby boomers, until I noticed that the 35-44 age group (in which he is pretty much at the median) have done almost as well.  It&#8217;s the Gen Y and younger group who&#8217;ve fallen behind.  Moreover, although I accept that this is excessively inequitable, I doubt that those age groups are likely to save much even if the superannuation system is reformed to deliver them greater incentives.  Most of us tend instinctively to believe we&#8217;re immortal until we hit our mid 30s.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Ken Parish</title>
		<link>http://clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32670</link>
		<dc:creator>Ken Parish</dc:creator>
		<pubDate>Fri, 12 May 2006 14:16:57 +0000</pubDate>
		<guid isPermaLink="false">http://www.clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32670</guid>
		<description>Well, actually I could post it full size if you&#039;re happy with it being &quot;over the fold&quot;, because the post page template is wider than the front page.  I&#039;ll do it and see what you reckon.</description>
		<content:encoded><![CDATA[<p>Well, actually I could post it full size if you&#8217;re happy with it being &#8220;over the fold&#8221;, because the post page template is wider than the front page.  I&#8217;ll do it and see what you reckon.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Ken Parish</title>
		<link>http://clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32669</link>
		<dc:creator>Ken Parish</dc:creator>
		<pubDate>Fri, 12 May 2006 14:15:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.clubtroppo.com.au/2006/05/13/high-art-and-triple-whammies/#comment-32669</guid>
		<description>The only way I can make it larger without overlapping the sidebar is to make it a clickable thumbnail, and I hate using thumbnails.  It&#039;s fairly legible now, I think.</description>
		<content:encoded><![CDATA[<p>The only way I can make it larger without overlapping the sidebar is to make it a clickable thumbnail, and I hate using thumbnails.  It&#8217;s fairly legible now, I think.</p>
]]></content:encoded>
	</item>
</channel>
</rss>

