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Post by donte on Aug 29, 2017 11:50:07 GMT 10
I thought I would stick this in here so as to make everyone feel good...... it being a board for well being.... and as for me, well I am far too old for it to be classified as being/having a position of envy...
According to the Norther Territory’s Auditor General’s August 2017 report to the Northern Territory Legislative Assembly, having conducted a review of annual leave entitlements:
The highest annual leave balance for an individual employee was 4,775 hours. This is approximately 650 days (130 weeks) of annual leave representing a liability (excluding on costs) of approximately $397,000.
Tax payers should not be offended at that. Perhaps this following sentence:
To put this particular employee’s entitlement into context and taking into account annual public holidays and ongoing 30 day annual leave credit per annum, if this employee commenced leave on 1 April 2017, their annual leave and long service leave entitlements could enable them to be on fully paid leave until mid-February 2021.
6 weeks (30 days) of paid annual leave for Northern Territory government employees.
Would you like steak knives with that? How about the Northern Territory receiving $5.28 for every $1.00 of GST paid by Northern Territory citizens.
But that’s alright. The Northern Territory Government has imposed a moratorium on unconventional gas exploration and extraction, notwithstanding that it is believed that there is enough gas in the Northern Territory to power Australia for 200 years.
But hey. It’s other people’s money.
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Post by forge on Aug 30, 2017 5:31:55 GMT 10
Thanks, Donte!! I FEEL much better NOW!! I printed the post and...framed it!!! From NOW ( or next Sunday at the latest!!) when I do not feel as "better as I could", I will read it!!
Forge
PSS. My GP will NOT be happy!! I will read the post,feel better and I will... avoid his services & paying his doctor's fee!!
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Post by cster on Aug 30, 2017 16:28:54 GMT 10
Perhaps they have this left over from the days when you had to promise the world to get employee's to stay in the Territory. But they surely deserve an extra two weeks for putting up with the hordes that turn up every winter and scarper when it starts to get hot.
Who am I supposedly fleeing from to need another country??
If I'm unhappy with the present governmentary systems and I'm displeased with the average citizen for causing all this mayhem by being selfish and not serving the community with their purchases. Is what's coming worse?
When it comes to money, me thinks the people have spent more elsewhere than the government can ever manage.
Just read the tabs on all clothing shoes boots and screws bottles and cars cans nails bulbs and on it goes.
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Post by donte on Sept 27, 2017 8:01:06 GMT 10
The great economist Milton Friedman taught us that there are four ways to spend money: spending your own money on yourself; spending your own money on someone else; spending other people’s money on yourself; and spending other people’s money on somebody else.
When you spend your own money on yourself there is a strong incentive to spend wisely. Nobody spends money more carefully than its owner. This is why it is more efficient, as well as right, for people to be allowed to keep their own money.
When you spend your own money on someone else, you will still be motivated to economise, but somewhat less likely to satisfy the needs of the other person. Anyone who has given or received an unwanted gift will understand this concept. Even with the best of intentions, spending your money on someone else doesn’t always work out for the best.
When you spend other people’s money on yourself, you have no strong incentive to keep down the cost, but you still have a strong desire to fulfil your own needs.
But the most wasteful type of spending is to spend other people’s money on other people. In this scenario, you care little about either value for money or meeting the needs of the people on whom you spend the money.
Spending other people’s money on other people is the worst kind of expenditure, and explains why so much public money is wasted. It is an inevitable characteristic of OPM that so many grand government plans are destined for failure.
Many government programs are not created because people demand them or because the market was unable to provide the services, but because politicians can buy favour with Other Peoples Money. Politicians are addicted to OPM because they use it to get on the nightly news, expand their influence, reward political cronies, and keep their constituencies dependent on them.
And the pollies have this country by the short and curlies .... but the worst part is, people know this but still trust them.
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Post by cster on Sept 27, 2017 8:45:03 GMT 10
Hmmm Judging by that then, OPM is exactly what women use to waste on everything. He earned it and she spent it. Yet I see them with clothes handed to stalls saying I bought this and never wore it. They do something called retail therapy, which is a good way of disguising the appalling waste of money on stuff they don't need or want, just pure petulant behaviour. That which drives our economy is waste then? ?
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