I read an article comparing the treatment of the gas industry with the education industry in the budget, but I can’t find it now, can’t remember where I read it. Anyone help me? #budget#auspol#education#climate
The #Australia government is not a household or a business, they are the monopoly issuer of our #currency.
Any #surplus they achieve is necessarily money they could have spent on things we need, but chose not to. That's bad.
Do we want a government that taxes more money than they spend?
I don't. I want a government that identifies what needs doing, and spends whatever money required to achieve that.
And taxes based on which parties or activities should not have as much money as they extracted from the economy. Not a fiction of taxation "to spend on" something else.
The federal government should not have a "balanced #budget", they don't have any need to "find the money" anywhere, they issue as much #AustralianDollar as they choose to at any time.
That's what a federal spending bill does: The money now exists. It didn't "come from" anywhere. Stop waiting for taxation!
Remember, a surplus in a government budget means they've FAILED to spend on social and public goods - the things that build a society and lift people up.