timrichards,
@timrichards@aus.social avatar

Surely a Labor government should be embarrassed by delivering a surplus, when that money could've been spent on raising unemployment benefits or on building state housing.

Budget 2024: Jim Chalmers lands the surplus double

(maybe paywalled) https://www.smh.com.au/politics/federal/9-3-billion-chalmers-lands-the-surplus-double-in-third-budget-20240513-p5jd6e.html

evolvable,
@evolvable@aus.social avatar

@timrichards The excuse is inflation. But yeah, surplus during a cost of living crisis is pretty embarrassing. Surely when you have the country’s best economists in your contacts you can figure out how to support financially struggling people without pushing up inflation.

timrichards,
@timrichards@aus.social avatar

@evolvable I wonder if raising employment benefits would really fuel inflation. I mean, all that money would be spent, but I doubt it would be on anything that's in short supply.

Bern,
@Bern@aus.social avatar

@timrichards @evolvable nah, the moment they got a sniff of it, Colesworths would jack up prices on essentials another 50%...

imalcolm,
@imalcolm@mastodon.social avatar

@timrichards

Or redressing the basically criminal imbalance between public and private school funding. Or improving public health… Or basically behaving like anything other than a LNP government, proudly waving bags of taxpayer money as things fall apart…

timrichards,
@timrichards@aus.social avatar

@imalcolm I'm amazed that the whole surplus fetish is still happening. I thought we'd got past that. The state governments have shown that debt on public works can be good.

  • All
  • Subscribed
  • Moderated
  • Favorites
  • auspol
  • slotface
  • kavyap
  • thenastyranch
  • everett
  • tacticalgear
  • rosin
  • Durango
  • DreamBathrooms
  • mdbf
  • magazineikmin
  • InstantRegret
  • Youngstown
  • khanakhh
  • ethstaker
  • JUstTest
  • ngwrru68w68
  • cisconetworking
  • modclub
  • tester
  • osvaldo12
  • cubers
  • GTA5RPClips
  • normalnudes
  • Leos
  • provamag3
  • anitta
  • megavids
  • lostlight
  • All magazines