Mike's Minute: We're writing a recipe for economic ruin
There was some sobering economic reality at my place yesterday.
My street had a truck vacuum in it, sucking all the crap out of the drains, so there was the obligatory 800 metres of cones and two stop go people.
Stop/go people have had a 28 percent wage rise on average this past year. I know this because I told you yesterday - the Seek job ad numbers tell us the 28 percent has taken them to about $46,000 a year.
Do you know that journalists - varies I assume from organisation to organisation - start in the low $40,000s, so flipping a stop/go sign is more valuable than journalism.
Weird, eh?…
The skinny
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