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Over-the-Rhine bar owner recounts moments people sought shelter during mass shooting

Over-the-Rhine bar owner recounts moments people sought shelter during mass shooting



THE CASE AS WE GET MORE INFORMATION. WE APPRECIATE THE REPORT. WITNESSES OF THE SHOOTING OBVIOUSLY SHAKEN UP. PEOPLE ON SOCIAL MEDIA SAY THEY HAVE NEVER SEEN A POLICE PRESENCE LIKE THIS DOWN IN THE OVER-THE-RHINE AREA. MEREDITH STUTZ HAS BEEN TALKING WITH WITNESSES AND YOU HAVE SURVEILLANCE VIDEO IN THE MOMENTS AFTER THE SHOOTING WHEN, AS RICHARD WAS EXPLAINING IT, IT WAS ESSENTIALLY CHAOS. MEREDITH: IT WAS CHAOS BECAUSE IT WENT FROM A COMFORTABLE SATURDAY NIGHT, EVERYONE ENJOYING THE TIME OUT IN OTR HERE ON MAIN STREET, AND THEN THOSE SHOTS RANG OUT. THIS WAS JUST ONE SPOT WHERE PEOPLE HAD COME TO ENJOY THE SATURDAY NIGHT. THE OWNER TELLS ME THAT SHE HEARD SOMEWHERE AROUND 30 SHOTS RING OUT IN TWO DIFFERENT TIMES. ABOUT 10 SHOTS AND THEN LATER, 20 SHOTS. AS RICHARD WAS TALKING ABOUT, THAT IS WHEN PEOPLE JUST STARTED RUNNING, TRYING TO FIND SAFETY. THEN, TRYING TO RUN FOR COVER. A LOT OF PEOPLE ENDED UP RUNNING INTO YEAR. PEOPLE GRABBING THE HANDS OF THEIR LOVED ONES, JUST TRYING TO FIND THE NEAREST DOOR TO GET OFF OF MAIN STREET HERE AND TRIED TO GET TO SHELTER. AND HOW CRAZY IS THIS — WE WERE TALKING WITH THE OWNER WHO TELLS US THAT AMONG THE PEOPLE WHO SOUGHT COVER INSIDE THE BAR HERE AT THE HUB WAS A WEDDING PARTY. SO YOU HAD A BRIDE IN A WEDDING DRESS ALL OF THE SUDDEN SEEKING SHELTER BECAUSE OF MULTIPLE SHOTS RING OUT ON THE DAY OF THEIR WEDDING. NOT ONLY IS THIS DEVASTATING FRUSTRATING, IS INFLURIATING. INCLUDING FOR BUSINESS OWNERS AND BARS HERE. THE OWNER HERE TOLD ME THAT OUT OF HER FRUSTRATION AND CONCERN, SHE TRAINS HER STAFF TO BE ABLE TO BE ADVOCATES FOR SAFETY. WHO IS COMING INTO THE BAR, WHAT IS GOING INTO THE DRINKS, BUT NOW HAVING TO TRAIN WHAT TO DO IF THERE IS AN ACTIVE SHOOTER. HOW DO YOU COMFORT PEOPLE? ALL OF A SUDDEN, YOU HAVE THIS MIND SHIFT OF JUST A FEW MOMENTS, A FEW SECONDS WHERE EVERYTHING CHANGES. WE HAVE A CLIP WE WANT TO SHARE WITH YOU FROM A CONVERSATION WITH THE OWNER OF WHAT SHE SAW THIS MORNING WHEN THOSE SHOTS RANG OUT. TAKE A LISTEN. >> THERE WAS PROBABLY ABOUT 25-30 SHOTS FIRED OFF IN TWO SEPARATE ROUNDS. FIRST WHERE IT WENT BANG BANG BANG, AND THEN WE HEARD BANG BANG BANG, AND THAT IS WHEN EVERYONE STARTED RUNNING INSIDE OF WHERE YOU COULD GO. I MADE SURE EVERYONE WAS INSIDE AND I WALKED UP THE STREET TO SEE WHAT HAPPENED AND THERE WAS OF COURSE, MORE SHOOTING VICTIMS. I’M NOT SURE HOW MANY. >> IF YOU CAN, WHAT DID YOU SEE WHEN YOU SAW THE VICTIMS? >> I SAW TWO MEN LAYING ON THE GROUND, KIND OF HOLDING THEIR LEGS, SHOT IN THE LEGS. THERE WAS ANOTHER MAN SITTING IN A CHAIR WHO SEEMED TO BE UNABLE TO MOVE. ANOTHER MAN ON THE GROUND. I’M PRETTY SURE THEY WERE GIVING HIM CHEST COMPRESSIONS, SOMEBODY WAS OVER HIM. I WENT BACK DOWN THERE MAYBE 15 MINUTES LATER TO TRY TO WALK SOMEBODY HOME DOWN THE STREET, AND EVERYTHING WAS ROPED OFF OR TAPED OFF TO TRY TO GET MORE TAPE. THEY RAN OUT OF TAPE. THAT IS WHEN THE MAN IN THE CHAIR HAD TO BE LIFTED OUT OF THE CHAIR AND INTO AN AMBULANCE, HE DID NOT REALIZE HE HAD BEEN SHOT. >> WHAT WAS THAT LIKE? >> TO LOT. MEREDITH: WE KNOW IT WOULD BE A LOT, UNDERSTANDABLY SO. YOU’RE JUST TRYING TO ENJOY A NIGHT WITH YOUR FRIENDS, AND THEN ALL OF THIS HAPPENS. AND A LOT HAPPENED IN JUST A MATTER OF SECONDS. SO AS YOU JUST HEARD, SHE WAS TALKING ABOUT SEEING THOSE VICTIMS JUST LAYING ON THE GROUND, AND SHE SAYS THAT SHE HAS BEEN HERE FOR 10 YEARS, AND SHE HAS NEVER SEEN VIOLENCE LIKE THIS. IT IS JUST SO DEVASTATING AND FRUSTRATING BECAUSE SHE ULTIMATELY SAYS THAT WITH THIS WEEKEND, WHAT IS GOING TO HAPPEN NEXT WEEKEND? JUST THAT FRUSTRATION OF BUSINESS OWNERS AND STAFF MEMBERS SAYING WHAT KIND OF ENVIRONMENT ARE WE WORKING IN AND LIVING IN, BUT INVITING CUSTOMERS TO COME DOWN AND ENJOY DOWNTOWN CINCINNATI IN? PEOPLE ARE JUST UNDERSTANDABLY DEVASTATED. THE SOUNDS OF GUNFIRE WILL STAY WITH THEM FOR DAYS IF NOT LONGER IN ADDITION TO THE FOLKS WHO, UNFORTUNATELY, WERE INVOLVED IN THE SHOOTINGS, EITHER INTENTIONALLY OR UNINTENTIONALLY AND NOW HAVE SUFFERED WOUNDS FROM THIS. WE CONTINUE THAT CONVERSATION WITH LINDSAY EVEN BETWEEN SHOTS AND SHE WAS TELLING ME THAT SHE HEARD THAT POTENTIAL INJURIES OF SOMEONE. SHE ALSO TOLD A SHE RECEIVED A PHONE CALL THAT’S OF A FAMILY FRIEND HAD BEEN INJURED. IT IS NOT JUST THAT WE HEARD ABOUT IT OR READ ABOUT IT, WE KNOW SOMEONE. IS THAT FRUSTRATION AND FEAR AND SADNESS THAT COMES WITH THESE TYPE OF SHOOTINGS AND JUST TRYING TO FIGURE OUT ANSWERS BUT ALSO TRYING TO FIGURE OUT WHAT WE DO, WHAT IS BEING DONE TO PREVENT A SHOOTING LIKE THIS AND WHAT OUR INDIVIDUAL PEOPLE DOING TO PREVENT SOMETHING LIKE THIS HAPPENING AGAIN EVEN NEXT WEEK IN? KELLY: WE COULD SEE LINDSAY GETTING EMOTIONAL, UNDERSTANDABLY SO. AS YOU JUST MENTIONED, THE GROUP OF BARS, RESTAURANTS, BUSINESSES DOWN THERE, THAT IS A FAMILY. THEY ALL SEEM TO LOOK OUT FOR EACH OTHER. IT IS A TIGHTKNIT GROUP, NOT KNOWING SOMEONE WHO IS POTENTIALLY INJURED IN THE SHOOTING. MEREDITH: SHE WAS SHARING THAT WHILE WE WERE WATCHING THE FOOTAGE, SAYING THAT YOU HAVE COWORKERS WHO WORK AT DIFFERENT BARS, EVERYBODY HAS POTENTIALLY SEVERAL JOBS, AND THEN YOUR PHONE IS BEING BLOWN UP BY ASKING A SIMPLE QUESTION THAT YOU NEVER THOUGHT YOU WOULD RECEIVE : ARE YOU ALIVE? SHE WAS SHARING JUST HOW EMOTIONAL SHE WAS THINKING WHAT IS MY MOM GOING TO WAKE UP TO TOMORROW? IS SHE GOING TO THINK THAT HER DAUGHTER WAS HURT WHILE JUST GOING TO WORK LAST NIGHT? THOSE REAL-TIME CONSEQUENCES AND REALITIES. THERE WAS A SHOOTING, AND THEN THOSE RIPPLE EFFECTS JUST START. I KIND OF FRUSTRATION AND ANGER MIXED WITH SADNESS OF JUST NORMAL PEOPLE AND FAMILIES JUST TRYING TO ENJOY A SATURDAY NIGHT. BACK TO YOU. KELLY: INCREDIBLY BUSY TIME OF THE NIGHT. TO REITERATE WHAT RICHARD HAD MENTIONED, AT THIS POINT, ALL INJURIES SEEM AS IF THEY ARE NON-LIFE-THREATENING. THAT IS STILL BEI

Over-the-Rhine bar owner recounts moments people sought shelter during mass shooting

Witnesses of Sunday morning’s shooting in Over-the-Rhine are shaken up, with many telling WLWT they’ve never seen such a large police presence in the area.It very quickly went from a comfortable Saturday night, the rain had cleared and people were enjoying their night out to a night of chaos and confusion. At The Hub on Main Street, a video premier was being hosted at the time the shots began to ring out. Lindsey Swadner, owner of The Hub, tells WLWT that she heard somewhere around 30 shots ring out in two different time periods; about 10 shots, then a few seconds later, about 20 shots. She says after that, that’s when the chaos erupted. People began to run and find safety moments after they were enjoying a night out with friends and family. The Hub became a safe haven, with multiple people running inside to seek cover and safety.” There was probably about 25 to 30 shots fired off in two separate rounds.You had first where it went ‘bang, bang, bang, bang,’ we all start looking around going, ‘Was it over?’ And then you heard ‘bang, bang, bang, bang’ and everyone started running inside of wherever you could go,” Swadner recalled. “And so we started pulling people inside. I made sure everyone was inside, I walked up the street to see what happened and there was, of course, more shooting victims, I’m not sure how many.” people seeking cover inside The Hub was a wedding party.”I saw two men laying on the ground, kind of holding their leg, so, shot in the legs. There was another man who was sitting in a chair and he seemed to be unable to move,” Swadner added. “There was another man on the ground, I’m pretty sure they were giving him chest compressions or somebody was over him. I went back down there, maybe 15 minutes later, to try to walk somebody home down the street. Everything was roped off, or taped off. They were trying to get them more tape, they ran out of tape, and that’s when the man in the chair had to be lifted out of the chair not realized he had been shot.”

Witnesses of Sunday morning’s shooting in Over-the-Rhine are shaken up, with many telling WLWT they’ve never seen such a large police presence in the area.

It very quickly went from a comfortable Saturday night, the rain had cleared and people were enjoying their night out to a night of chaos and confusion.

At The Hub on Main Street, a video premiere was being hosted at the time the shots began to ring out.

Lindsey Swadner, owner of The Hub, tells WLWT that she heard somewhere around 30 shots ring out in two different time periods; about 10 shots, then a few seconds later, about 20 shots. She says after that, that’s when the chaos erupted. People began to run and find safe moments after they were enjoying a night out with friends and family.

The Hub became a safe haven, with multiple people running inside to seek cover and safety.

“There was probably about 25 to 30 shots fired off in two separate rounds. You had first where it went ‘bang, bang, bang, bang,’ we all start looking around going, ‘Was it over?’ And then you heard ‘bang, bang, bang, bang’ and everyone started running inside of wherever you could go,” Swadner recalled. “And so we started pulling people inside. I made sure everyone was inside, I walked up the street to see what happened and there was, of course, more shooting victims, I’m not sure how many.”

She added that among the people seeking cover inside The Hub was a wedding party.

“I saw two men laying on the ground, kind of holding their leg, so, shot in the legs. There was another man who was sitting in a chair and he seemed to be unable to move,” Swadner added. “There was another man on the ground, I’m pretty sure they were giving him chest compressions or somebody was over him. I went back down there, maybe 15 minutes later, to try to walk somebody home down the street. Everything was roped off, or taped off. They were trying to get them more tape, they ran out of tape, and that’s when the man in the chair had to be lifted out of the chair not realized he had been shot.”

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Business

High-voltage powerline projects spark mixed emotions across regional Victoria and NSW

The mouth-watering scent of freshly baked baguettes mingles with irresistible wafts of buttercream and powdered sugar.

Smartly dressed customers alternate delicate bites of mille-feuille with sips of café.

row of french pastries and baguettes inside cabinet at store
Le Péché Gourmand’s pastries are a favorite among Creswick locals and tourists.(ABC Ballarat: Lexie Jeuniewic )

Everything about Creswick’s Le Péché Gourmand Boulangerie-Patisserie whispers provincial France, but a bold red sign in the corner of the shop front screams western Victoria:

“Stop AusNet’s Towers. Join the fight.”

The town and surrounding district’s push to halt plans to construct above-ground powerlines for AusNet’s Western Renewables Link has been running for years.

Handmade protest signs are fixtures on farm gates, fences, and in businesses throughout the region; even the Big Spud on Ballarat-Daylesford Road has its own “Piss Off AusNet” placard.

Country road in western Victoria with ute and roadside potato shop on the left
Signs opposing AusNet’s Western Renewables Link are a common sight across western Victoria. (ABC Ballarat: Lexie Jeuniewic)

In March, local farmers opposing the project rallied at Parliament House in Melbourne, and most recently drove tractors through Ballarat’s CBD.

Le Péché Gourmand co-owner Marie Williams says she fears it is these farmers who could pack up and leave the region if AusNet’s plans go ahead and, consequently, crush her customer base.

“We’re really worried about it, to be honest,” Ms Williams said.

“If the farmers aren’t there anymore, we lose half our customers.”

woman in brown dress with slight smile stands in bakery
Creswick business owner Marie Williams is concerned about the impact the transmission lines will have on the region.(ABC Ballarat: Lexie Jeuniewic)

Ms Williams and her husband moved from Sydney to Creswick 10 years ago to escape city life. She said the Western Renewables Link would puncture the town’s bucolic surrounds with unsightly towers, turning off tourists.

“Looking at towers isn’t the most pleasant thing. It’s hard to grasp how far it’ll go and how much it’s going to affect the region,” she said.

More transmission lines on the horizon

Last week further plans for another transmission line through western Victoria were released by AEMO (Australian Energy Market Operator) and Transgrid.

map of planned transmission lines across Victoria and part of New South Wales
VNI West is designed to connect to other projects, including the Western Renewables Link. (Source: AEMO)

Pitched as a once-in-a-lifetime opportunity by the energy operators, the Victoria to New South Wales Interconnector West (VNI West) power link aims to allow the two states to share electricity.

AEMO spokesperson Jonathon Geddes said the development would “increase network resilience, energy reliability and put downward pressure on electricity prices for homes and businesses”.

Councils divided

Under the plan, 500 kilovolt (kV) double-circuit overhead transmission lines would snake from the Snowy Hydro grid in New South Wales, through to a proposed terminal station at Newlyn, in the Hepburn Shire.

Woman with short hair, wearing a white shirt and black jacket, smiling standing among trees
Mayor Ruth McRae urges locals to join the consultation process.(Supplied: Murrumbidgee Regional Council)

Ruth McRae, the mayor of Murrumbidgee Shire Council in the Riverina, said the council “fully supports strategies to generate and deliver affordable and secure energy to our nation.”

“Energy costs form a large part of the household budget so most people would support this concept,” Councilor McRae said.

She stressed, however, that the project’s “greatest impacts are borne by local landholders and community.”

“This project affects us all and we urge the community to get involved with the consultation process and make their views known,” she said.

red sign which reds stop ausnet's towers in window of Creswick business
The sign in the window of Le Péché Gourmand sends a strong message.(ABC Ballarat: Lexie Jeuniewic )

Hepburn Shire Council — which takes in the towns of Clunes, Creswick, Daylesford, Hepburn Springs and Trentham — has voiced strong opposition to the proposal, echoing its stance on the Western Renewables Link.

Deputy Mayor Jen Bray told ABC Ballarat Breakfast the council was “not opposed to renewable energy”, but how it was delivered was important.

She said the council was seeking an underground solution for the powerlines, along with a different location for the transmission station proposed for Mount Prospect in the village of Newlyn.

sign with red cross over transmission lines and towers on farm gate fence
Hepburn Shire Council is concerned about the Western Renewables Link and VNI West.(ABC Ballarat: Lexie Jeuniewic)

“It’s going to set up Hepburn Shire as a central hub for a series of lines that could be radiating out, much like the spokes of a cartwheel,” she said.

“It’s not really what you want in an area where you’ve got high-quality, premium agricultural land.

“It’s not what you want in an area where your main tourism economy is reliant on beautiful, pristine landscapes.”

But Mr Geddes said high-voltage underground lines along the full length of the project was “not economically justifiable”.

“We acknowledge the importance of considering all reasonably practicable route refinement options, which may, in exceptional circumstances, include partial undergrounding short distances,” he said.

Tractors in Ballarat
More than 70 tractors took to the streets in Ballarat to protest the Western Renewables Link.(Rural ABC: Jane McNaughton)

Projects ‘can be done better’

If the projects come to fruition as planned, Newlyn potato farmer Kain Richardson’s property will be surrounded by transmission lines, and have the VNI West transmission station at his “back doorstep.”

“There’s been no consideration given to the people,” he said.

Mr Richardson, a fifth-generation farmer, said neither proposal was utilizing “modern-day technology”.

cloudy horizon from farm with sheep on mostly green grass
Farmer Kain Richardson’s property in the town of Newlyn. (ABC Ballarat: Lexie Jeuniewic )

“We’ve moved on from the time [transmission towers] were built in the 1960s. Do you want to go back to leaded cars?” he asked.

“Why is transmission being left out of the technology advancements, and landholders have to accept that? It’s not on.”

Mr Richardson said he was yet to receive any communication from AEMO or Transgrid about the VNI West project since the project assessment draft report was released.

“It leaves a lot to be desired,” he said.

AEMO Victorian Planning and Transgrid will hold online information sessions on August 10 and August 25. Registration is required.

.

Categories
Sports

Kelsey-Lee Barber pips Australian teammate Mackenzie Little to win Commonwealth Games javelin gold

World champion Kelsey-Lee Barber has delivered when it mattered most, claiming the Commonwealth Games gold medal in the women’s javelin with her final throw.

Australian teammate Mackenzie Little had led the competition into the sixth and final round after producing a personal best of 64.27 meters with her fifth effort.

But Barber — who was struck down by COVID-19 on the eve of the Commonwealth Games — showed cool nerves to unleash the winning throw of 64.43m with her final attempt.

Little took the silver medal only a fortnight after she finished fifth behind Barber at the world championships in Eugene.

She had set what was a personal best of 64.03m with her first attempt in the Birmingham final.

Mackenzie Little smiles widely in her Team Australia singlet
Mackenzie Little set a new PB with a throw of 64.27 meters.(Getty Images: David Ramos)

Barber’s win in Eugene was her second world championship, while she was a bronze medalist at the Tokyo Olympics.

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US

Dems’ climate, tax and health care bill survives all-night GOP onslaught

A few more potential threats loomed at sunrise Sunday, particularly on the legislation’s insulin price cap. But Republicans otherwise made little headway during a legislative endurance run of politically tricky votes on immigration, taxes and other issues.

“I want my colleagues to understand what this is really about. These motions … are motions to kill this bill, period,” said Senate Finance Chair Ron Wyden (D-Ore.).

During the vote-a-rama, Democrats offered alternative amendments to buy some cover for their own vulnerable members on several GOP proposals. That included a side-by-side debate on Title 42, a polarizing Trump-era policy that placed limits on migration during the pandemic.

Democrats also rejected amendments from within their own caucus during overnight voting. Sen. Bernie Sander (I-Vt.) tried to insert provisions that would bolster prescription drug reforms, expand Medicare and create a Civilian Climate Corps, but he failed to attract support from the vast majority of his colleagues. Only Georgia Sens. Raphael Warnock and Jon Osoff joined Sanders in his effort to expand Medicare.

The vote-a-rama is the final episode of a lengthy drama that began more than a year ago with a Democratic budget designed to set the stage for a $3.5 trillion social spending package that could sidestep a filibuster. That vision for whittled down over the course of many months to the bill that the Senate is still set to pass later Sunday.

Democrats warned against making significant changes during the all-night Senate session, arguing that it was time to pass the bill after roughly a year of high-profile haggling that shined a spotlight on divisions between progressives and moderates.

The final bill was carefully negotiated to be able to win support from all 50 members of the Senate Democratic caucus. Sen. Joe Manchin (DW.Va.) surprised his colleagues late last month when he reached a deal with Majority Leader Chuck Schumer on tax and climate provisions as part of the agreement.

Before that Schumer-Manchin pact, Democrats had expected to pass a much smaller health care-only package to reduce drug costs and extend Affordable Care Act subsidies.

The deal struck by Schumer and Manchin kicked off a dayslong race to sell it to the rest of the caucus and vet the legislative text against stringent Senate budget rules that Democrats must obey to pass their bill without a GOP filibuster. Sen. Kyrsten Synema (D-Ariz.) later secured a handful of changes in exchange for her support to start debate.

Schumer made a handful of major changes to appease Sinema, eliminating language that would have tightened a loophole allowing certain investors to pay less in taxes that would have raised $14 billion in revenue. Instead, the pair agreed to add a 1 percent excise tax on stock buybacks, which is expected to raise $73 billion, while tweaking the corporate minimum tax to appease anxious manufacturers.

The bill could still change before it crosses the Senate’s finish line, however.

Democrats are still facing a Republican challenge to their proposed $35 monthly cap on what people pay out-of-pocket for insulin, a plan championed by Warnock. Republicans have argued that the provision does not comply with Senate budget rules.

The Senate parliamentarian, or the upper chamber’s rules referee, could decide in real time whether the insulin provisions should stay or go.

If the parliamentarian rules against it, Democrats are expected to try to muster 60 votes to overrule the decision and keep it in the bill. That would require finding support from 10 Republicans, which they’re not expected to get.

“I need them to not block it,” Warnock said of Republicans. “If they don’t block it, it will pass.”

The outcome of the insulin provision was the biggest question mark as the hourslong voting marathon stretched into Sunday.

On Saturday, the party-line proposal survived Senate vetting of the Medicare portions of its prescription drug reform plan, while Democrats lost ground on a separate pillar that penalizes drug companies for raising prices on individuals with private health insurance. The legislation’s tax and environmental provisions also advanced unscathed.

Democrats ultimately preserved the core pieces of their proposal: lowering some prescription drug prices, providing more than $300 billion into climate change and clean energy and imposing a 15 percent minimum tax on large corporations, plus a new 1 percent excise tax on stock buybacks. The bill also increases IRS enforcement and extends Obamacare subsidies through the 2024 election.

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Business

Fixing inflation isn’t hard. Returning to healthy growth is

See how we were caught in a low-growth trap? Weak growth leads to low business investment, which leads to little productivity improvement, which leads to more weak growth.

During the Dreadful Decade, the prevailing view among policymakers was that high unemployment was preferable to high inflation, which might become entrenched. So, unemployment was left high, to keep inflation low.

Yetsenga says this decision to entrench relatively high unemployment was a mistake. “Unemployment, underemployment and the inequality they contribute to, all affect macroeconomic outcomes [adversely]“.

“Those on higher incomes tend to save more, reducing consumption, but those on lower incomes tend to borrow more. Inequality, in other words, trends to lower economic growth and exacerbate financial vulnerability.”

Even so, Yetsenga is optimistic. The policy response to the pandemic has “changed the baseline” and we’re in the process of escaping the low-growth trap.

To employ more people, give more hours to those working part-time, and raise wage growth, business needs to see demand strong enough to pay for the labour.

ANZ Bank economist Richard Yetsenga

Unemployment is at its lowest in five decades and underemployment has fallen significantly. Real consumer spending is 9 per cent above pre-pandemic levels, and businesses’ capacity utilization has been restored to high levels not seen since before the global financial crisis.

As a result, planned spending on business investment in the year ahead is about the highest in nearly three decades.

Yetsenga says the Reserve would like some of the rise in the rate of inflation to be permanent. “If monetary policy can deliver [annual] inflation of 2.5 per cent over time, rather than the 1.5 to 2 per cent that characterized the pre-pandemic period, it’s not just the rate of inflation that will be different.

“We should expect the ‘real’ side of the economy to have improved as well: more demand, more employment and more investment.”

“The role of wages in sustaining higher inflation is well known, but wage growth doesn’t occur in a vacuum. To employ more people, give more hours to those working part-time, and raise wage growth, business needs to see demand strong enough to pay for the labour.

“Some of the additional labor spend will be passed on to higher selling prices. The need to invest in more labor is likely to go hand-in-hand with more capital investment.”

The Australian economy created 60,600 new jobs in May.

The Australian economy created 60,600 new jobs in May.Credit:Bloomberg

I think Yetsenga makes some important points. First, the policy of keeping unemployment high so that inflation will be low has come at a price to growth and contributed to the low-growth trap.

Second, inequality isn’t fair about fairness. Economists in the international agencies are discovering that it causes lower growth. So, the policy of ignoring high and rising inequality has also contributed to the low-growth trap.

Third, the idea that we can’t get higher economic growth until we get more productivity improvement has got the “direction of causation” the wrong way around. We won’t get much productivity improvement until we bring about more growth.

Pandemic Panic

Despite all this, I don’t share Yetsenga’s optimism that the shock of the pandemic, and the econocrats’ switch to what I call Plan B – to use additional fiscal stimulus in the 2021 budget to get us much closer to full employment, as a last-ditch attempt to get wage rates growing faster than 2 or 2.5 per cent a year – will be sufficient to bust us out of the low-growth trap.

Yetsenga’s emphasis is on increasing household income by making it easier for households to increase their income by supplying more hours of work. He says little about households’ ability to protect and increase their wage income in real terms.

Another consequence of the pandemic period is the collapse of the consensus view that wages should at least rise in line with prices. Real wages should fall only to correct a period when real wage growth has been excessive.

But so panicked have the econocrats and the new Labor government been by a sudden sharp rise in prices (the frightening size of which is owed almost wholly to a coincidence of temporary, overseas supply disruptions) that they’re looking the other way while, according to the Reserve’s latest forecasts, real wages will fall for three calendar years in a row.

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Since it’s the easiest and quickest way of getting inflation down, they’re looking the other way while the nation’s employers – government and business – short-change their workers by a cumulative 6.5 per cent.

This makes a mockery of all the happy assurances that, by some magical economic mechanism, improvements in the productivity of labor flow through to workers as increases in their real wage.

Sorry, I won’t believe we’ve escaped the low-growth trap until I see that, as well as employing more workers, businesses are also paying them a reasonable wage.

Ross Gittins is the economics editor.

Categories
Sports

Shai Bolton stars as Richmond Tigers bare claws in win over Port Adelaide Power

He followed a pack mark against Xavier Duursma and Burton with a goal on the quarter-time siren before finishing the first half in style.

Bolton sidestepped Karl Amon and Darcy Byrne-Jones and finished magnificently around the corner with two seconds remaining on the clock to stretch Richmond’s lead to eight points after the Power managed to tidy things up. “How do you stop this guy,” Fox Footy commentator David King exclaimed.

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Port’s tried-and-true engine room contingent of Travis Boak, Ollie Wines and Willem Drew paced Port’s second-revival from the center square before Richmond turned the tables and savaged them in the third stanza.

Trent Cotchin’s playmaking was of the highest order and Dion Prestia’s work at the contest was brutally efficient, feeding off the aerial dominance of Toby Nankervis, who completely outmatched second-gamer Brynn Tackle in ruck.

Bolton showcased his full bag of tricks in the fourth term, his wayward finishing – a season-long Achilles heel – the only drawback of his night out.

JACK IN THE PACK
He has done it so many times across his glorious 323-game career that it shouldn’t come as a surprise. Jack Riewoldt had eyes only on the footy when he plucked a magnificent mark midway through the third term. Jayden Short’s deep entry was snaffled by Riewoldt, running back with the flight of the footy, Tom Jonas on his hammer and Aliir and Teakle both oncoming. Riewoldt’s fearlessness was rewarded when he converted the goal as Richmond continued to press home their advantage.

POWER CONCERNS
Connor Rozee felt a scare through the Power camp midway through the second period when he sprained his left knee while attempting to lay a tackle on Noah Balta, moments after turning the footy over. Rozee limped off the ground before coming back on with his knee strapped after half-time. He was serviceable, often without looking 100 per cent, but he showed no ill-effects of the injury when he climbed on Daniel Rioli’s back for a superb mark in the fourth stanza, before converting.
Also in that term, Darcy Byrne-Jones received treatment after being hit high by a clumsy spoil from Kamdyn McIntosh. Byrne-Jones came back on and moved into attack but had no real impact.

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RICHMOND 4.4 7.6 14.10 16.13 (109)
PORT ADELAIDE 3.1 6.4 9.6 10.11 (71)

GOALS
Richmond: Lynch 4, Bolton 4, Cumberland 2, Rioli 2, Riewoldt, Pickett, Ross, Rioli.
PortAdelaide: Finlayson 2, Dixon 2, Duursma, Butters, Gray, Rozee, Bergman, Burgoyne.
BEST
Richmond: Prestia, Bolton, Nankervis, Cotchin, Lynch, D. Rioli, McIntosh, Short.
PortAdelaide: Boak, Wines, Drew, Butters, Burgoyne, Houston.
umpires Haussen, Nicholls, Hoskin.
CROWD 27,051 at Adelaide Oval.

Categories
US

Dems’ climate, tax and health care bill survives all-night GOP onslaught

A few more potential threats loomed at sunrise Sunday, particularly on the legislation’s insulin price cap. But Republicans otherwise made little headway during a legislative endurance run of politically tricky votes on immigration, taxes and other issues.

“I want my colleagues to understand what this is really about. These motions … are motions to kill this bill, period,” said Senate Finance Chair Ron Wyden (D-Ore.).

During the vote-a-rama, Democrats offered alternative amendments to buy some cover for their own vulnerable members on several GOP proposals. That included a side-by-side debate on Title 42, a polarizing Trump-era policy that placed limits on migration during the pandemic.

Democrats also rejected amendments from within their own caucus during overnight voting. Sen. Bernie Sander (I-Vt.) tried to insert provisions that would bolster prescription drug reforms, expand Medicare and create a Civilian Climate Corps, but he failed to attract support from the vast majority of his colleagues. Only Georgia Sens. Raphael Warnock and Jon Osoff joined Sanders in his effort to expand Medicare.

The vote-a-rama is the final episode of a lengthy drama that began more than a year ago with a Democratic budget designed to set the stage for a $3.5 trillion social spending package that could sidestep a filibuster. That vision for whittled down over the course of many months to the bill that the Senate is still set to pass later Sunday.

Democrats warned against making significant changes during the all-night Senate session, arguing that it was time to pass the bill after roughly a year of high-profile haggling that shined a spotlight on divisions between progressives and moderates.

The final bill was carefully negotiated to be able to win support from all 50 members of the Senate Democratic caucus. Sen. Joe Manchin (DW.Va.) surprised his colleagues late last month when he reached a deal with Majority Leader Chuck Schumer on tax and climate provisions as part of the agreement.

Before that Schumer-Manchin pact, Democrats had expected to pass a much smaller health care-only package to reduce drug costs and extend Affordable Care Act subsidies.

The deal struck by Schumer and Manchin kicked off a dayslong race to sell it to the rest of the caucus and vet the legislative text against stringent Senate budget rules that Democrats must obey to pass their bill without a GOP filibuster. Sen. Kyrsten Synema (D-Ariz.) later secured a handful of changes in exchange for her support to start debate.

Schumer made a handful of major changes to appease Sinema, eliminating language that would have tightened a loophole allowing certain investors to pay less in taxes that would have raised $14 billion in revenue. Instead, the pair agreed to add a 1 percent excise tax on stock buybacks, which is expected to raise $73 billion, while tweaking the corporate minimum tax to appease anxious manufacturers.

The bill could still change before it crosses the Senate’s finish line, however.

Democrats are still facing a Republican challenge to their proposed $35 monthly cap on what people pay out-of-pocket for insulin, a plan championed by Warnock. Republicans have argued that the provision does not comply with Senate budget rules.

The Senate parliamentarian, or the upper chamber’s rules referee, could decide in real time whether the insulin provisions should stay or go.

If the parliamentarian rules against it, Democrats are expected to try to muster 60 votes to overrule the decision and keep it in the bill. That would require finding support from 10 Republicans, which they’re not expected to get.

“I need them to not block it,” Warnock said of Republicans. “If they don’t block it, it will pass.”

The outcome of the insulin provision was the biggest question mark as the hourslong voting marathon stretched into Sunday.

On Saturday, the party-line proposal survived Senate vetting of the Medicare portions of its prescription drug reform plan, while Democrats lost ground on a separate pillar that penalizes drug companies for raising prices on individuals with private health insurance. The legislation’s tax and environmental provisions also advanced unscathed.

Democrats ultimately preserved the core pieces of their proposal: lowering some prescription drug prices, providing more than $300 billion into climate change and clean energy and imposing a 15 percent minimum tax on large corporations, plus a new 1 percent excise tax on stock buybacks. The bill also increases IRS enforcement and extends Obamacare subsidies through the 2024 election.

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Business

Elon Musk says $63.7 billion Twitter takeover could move ahead with bot info

Elon Musk says his planned $US44 billion ($63.7 billion) takeover of Twitter should move forward if the company can confirm some details about how it measures whether user accounts are “spam bots” or real people.

The billionaire and Tesla CEO have been trying to back out of his April agreement to buy the social media company, leading Twitter to sue him last month to complete the acquisition.

Mr Musk countersued, accusing Twitter of misleading his team about the true size of its user base and other problems he said amounted to fraud and breach of contract.

Both sides are headed toward an October trial in a Delaware court.

“If Twitter simply provides their method of sampling 100 accounts and how they’re confirmed to be real, the deal should proceed on original terms,” ​​Mr Musk tweeted.

“However, if it turns out that their SEC filings are materially false, then it should not.”

Mr Musk, who has more than 100 million Twitter followers, went on to challenge Twitter CEO Parag Agrawal to a “public debate about the Twitter bot percentage.”

Twitter declined to comment.

The company has repeatedly disclosed to the Securities and Exchange Commission an estimate that fewer than 5 per cent of user accounts are fake or spam, with a disclaimer that it could be higher.

Mr Musk waived his right to further due diligence when he signed the April merger agreement.

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Technology

Pokemon Scarlet and Violet Set to Have a Feature Which Would Disappoint Eager Fans

The Pokemon Company recently hosted a special presentation event to unveil more about their upcoming titles on Nintendo Switch, Pokemon Scarlet and Violet. Some of the game’s new features raised many questions among the fans.

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Pokemon is among the most famous Nintendo games. The series’s popularity led it to get multiple anime and video game adaptations. The series will now welcome the ninth and the latest generation of the series, Scarlet and Violet.

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This new game would release on November 18, 2022. Further, these two would be the first games in the series to be an open-world RPG games. Additionally, the game will introduce many new features, unlike the past game.

Pokemon Scalet and Violet won’t have level-scaling gyms

Most Pokemon games have followed a similar concept. The players have to catch and train strong Pokemon to take down eight gyms to challenge the Pokemon League to win the title of Pokemon champion. However, the upcoming two games broke free of this cycle.

The latest Pokemon Present revealed that the new game is set in the Paldea region, where players are prestigious academy students. They have three career paths in the game, one of them is the Pokemon League. So fighting the eight gyms and challenging the league is no longer a necessity.

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However, that’s not the end of gym battles. In the past games, there was a set path to challenge each gym. But this time, there is no path and order, it’s up to the player which gym they want to take on first. However, this led to the speculation that the gym leaders would send pokemon based on the trainers.

But that might not be the case, as the developers mentioned it’s up to the players if they want to start with a strong gym leader or challenge the one nearest to their location. So, the player has to be wise while picking a gym to challenge as they won’t drop or increase their level to match the player.

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Undoubtedly, these new games have many new features. So, it would be fascinating to see if these new features impress or disappoint the Pokemon fans. What are your thoughts about no level-scaling in Pokemon Scarlet and Violet’s open gym setting?

WATCH THIS STORY: Ranking The Highest Selling Nintendo Games of All Time

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Sports

Commonwealth Games 2022 boxing results: Callum Peters vs Sam Hickey final, Aussie robbed

Aussie teen star Callum Peters has been “robbed” of gold after another farcical judging decision at the Commonwealth Games.

The Aussie, competing in his first senior tournament, showed nothing but class after the judges scores were announced with Scotland’s Sam Hickey being awarded the victory by the narrowest of margins.

The rollercoaster middleweight final was arguably the best fight of the entire Games.

However, it was overshadowed by the controversial finish which ended in a split decision 29-28 x3, 28-29 x2.

The greatest shock was the decision from judge No. 5 Mazlan Amzah to award Hickey the final round when all the other judges gave it to Peters. Peters had dominated the final round, repeatedly landing clean shots in the final minutes. That perplexing decision to award Hickey the final round ultimately decided the fight.

Peters just had to settle for silver.

Aussie sport commentators could not believe their eyes.

Sports reporter Phil Lutton posted on Twitter Peters had been “burgled”.

“That doesn’t look right at all to me,” I posted.

“Callum Peters gets the final round on four of the five cards but it’s not enough.”

He also posted: “Fair play to Sam Hickey, very tough Scot, but Callum Peters just burgled of gold there. One point the difference in the end, Peters absolutely dominant in that final round and one of the five judges gives it to the Hickey. Boxing delivers again.”

Hickey celebrated Scotland’s first boxing gold medal since 2014.

Fox Sports reporter Alex Conrad wrote on Twitter: “Sorry, WTF? Callum Peters robbed in that final boxing. Absolutely robbed. That is mind-boggling”.

The BBC’s Thomas Duncan also said the fight could have gone either way.

“There was a hug of mutual respect in the ring between Sam Hickey and Callum Peters in the ring there. What a fight that was, and it could have gone either way,” he said.

“But Hickey of Scotland is the Commonwealth champion. He puts his hands over his face, he ca n’t believe it. The crowd go wild.”

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