<transcript><audio_115>right now in Australia politics is is all about under sizing our expectations they say it's a tough economic climate so we're gonna have to cut spending on health care and education we're gonna have to privatize all of the national</transcript><transcript><audio_116>assets it is so pathetic when they have unlimited fiscal capacity to spend Australian dollars into the Australian economy and they refuse to that is the it is the art of downsizing your expectations we need to expect better</transcript><transcript><audio_117>after the second world war until the 1970s there was full employment in Australia that is less than 2 percent unemployment there was just frictional unemployment as people transition from one job to another but everybody could get a job if they wanted one everybody</transcript><caption><image_118>The image is a line graph that shows the percentage of full employment in Australia from the early 20th century to the present day. The x-axis represents the years, and the y-axis indicates the percentage.

There are two lines in the graph, one in blue and one in red. The blue line represents the average 6.5% unemployment rate, while the red line represents an average 2.1%.

The graph shows that a major paradigm shift in economic thinking and policy occurred in the mid-1970s - neo-liberalism dominates. The graph shows a decrease in the number of unemployment rates in Australia over the past few years. The red line shows a sharp increase in unemployment rates, indicating that the unemployment rate has decreased over the next few years, with a slight dip in the middle of the year.</caption><transcript><audio_119>and we can't seem to do that anymore why is that you know they said about Jill Stein who was running for president in the United States they said oh she's just plying the sky you know it'll never happen well what would you rather a politician have a pie in the sky idea</transcript><transcript><audio_120>which only and having them only achieve ten percent of it or the politics of today where they promise you nothing and you get even less I would rather have aspirational goals in politics I would rather have people be bold enough to</transcript> right now in Australia politics is is all about under sizing our expectations they say it's a tough economic climate so we're gonna have to cut spending on health care and education we're gonna have to privatize all of the national assets it is so pathetic when they have unlimited fiscal capacity to spend Australian dollars into the Australian economy and they refuse to that is the it is the art of downsizing your expectations we need to expect better after the second world war until the 1970s there was full employment in Australia that is less than 2 percent unemployment there was just frictional unemployment as people transition from one job to another but everybody could get a job if they wanted one everybody and we can't seem to do that anymore why is that you know they said about Jill Stein who was running for president in the United States they said oh she's just plying the sky you know it'll never happen well what would you rather a politician have a pie in the sky idea which only and having them only achieve ten percent of it or the politics of today where they promise you nothing and you get even less I would rather have aspirational goals in politics I would rather have people be bold enough to
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