Comments on: Economic Security Strategy: the detail http://www.crikey.com.au/2008/10/14/economic-security-strategy-the-detail/ now with extra source Sun, 22 Nov 2009 07:05:56 +1100 http://wordpress.org/?v=2.8.6 hourly 1 By: Andrew http://www.crikey.com.au/2008/10/14/economic-security-strategy-the-detail/#comment-21548 Andrew Thu, 01 Jan 1970 10:00:00 +0000 #comment-21548 I can't see how any of the needy causes listed is helped by a bracing stimulus to the rate of inflation in everything they buy. Its purchasing power which gets eroded, and you can't fix it by throwing more money into the system. As for the benefit to anyone considering taking on a mortgage after house prices were universally bid up $21 000 dollars five minutes after this annoucement was made, I am struggling to see it. I can’t see how any of the needy causes listed is helped by a bracing stimulus to the rate of inflation in everything they buy. Its purchasing power which gets eroded, and you can’t fix it by throwing more money into the system. As for the benefit to anyone considering taking on a mortgage after house prices were universally bid up $21 000 dollars five minutes after this annoucement was made, I am struggling to see it.

]]> By: Matthew http://www.crikey.com.au/2008/10/14/economic-security-strategy-the-detail/#comment-21549 Matthew Thu, 01 Jan 1970 10:00:00 +0000 #comment-21549 People with children pay less tax, receive existing baby bonuses and receive the joy of children to go with it. For being in this desirable position they are granted even more money from the government.<br />It is getting to the stage where single and childless couples are resenting the constant flow of middle-class welfare to families, especially because it's all paid for by us.<br />I daresay that children this year are going to receive the best presents from Santa that they will ever get. A good time to buy Nintendo shares. People with children pay less tax, receive existing baby bonuses and receive the joy of children to go with it. For being in this desirable position they are granted even more money from the government.
It is getting to the stage where single and childless couples are resenting the constant flow of middle-class welfare to families, especially because it’s all paid for by us.
I daresay that children this year are going to receive the best presents from Santa that they will ever get. A good time to buy Nintendo shares.

]]> By: davo http://www.crikey.com.au/2008/10/14/economic-security-strategy-the-detail/#comment-21550 davo Thu, 01 Jan 1970 10:00:00 +0000 #comment-21550 I have children. I fall under the threshold. I'd rather see the money go to something useful. I'll pay the mortgage with it, probably (thereby hopefully increasing the money's value). But if they said 'single people with no health issues earning under 55 k can get a tax bonus, or some such', I'd be happy. I have children. I fall under the threshold. I’d rather see the money go to something useful. I’ll pay the mortgage with it, probably (thereby hopefully increasing the money’s value). But if they said ‘single people with no health issues earning under 55 k can get a tax bonus, or some such’, I’d be happy.

]]> By: AnonymousCoward http://www.crikey.com.au/2008/10/14/economic-security-strategy-the-detail/#comment-21551 AnonymousCoward Thu, 01 Jan 1970 10:00:00 +0000 #comment-21551 Obviously point four should read '$187 million for new training places in 2008-09.'...<br /><br />So much middle-class welfare... Hopefully its in anticipation of the costs of the new climate change legislation, to be used by the government as evidence they can implement the emmission trading scheme (and carbon tax) without bankrupting the poor to middle income earners... Obviously point four should read ‘$187 million for new training places in 2008-09.’…

So much middle-class welfare… Hopefully its in anticipation of the costs of the new climate change legislation, to be used by the government as evidence they can implement the emmission trading scheme (and carbon tax) without bankrupting the poor to middle income earners…

]]> By: Bernard Keane http://www.crikey.com.au/2008/10/14/economic-security-strategy-the-detail/#comment-21552 Bernard Keane Thu, 01 Jan 1970 10:00:00 +0000 #comment-21552 No no, anonymouscoward, it really IS $187. A dollar for each new position. No no, anonymouscoward, it really IS $187. A dollar for each new position.

]]> By: Derrick http://www.crikey.com.au/2008/10/14/economic-security-strategy-the-detail/#comment-21553 Derrick Thu, 01 Jan 1970 10:00:00 +0000 #comment-21553 So as usual the government hands out to aged pensioners and families with children. Apparently disabled pensioners, the unemployed, single people and married couples with no children either (a) are rolling in cash or (b) don't spend money. So as usual the government hands out to aged pensioners and families with children. Apparently disabled pensioners, the unemployed, single people and married couples with no children either (a) are rolling in cash or (b) don’t spend money.

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