The Forum > Article Comments > Debate on tax and 'small government' flares again > Comments
Debate on tax and 'small government' flares again : Comments
By Tristan Ewins, published 29/1/2015The time has come to question neo-liberal shibboleths around 'small government' and 'the market'.
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Then we just may have a chance of not leaving our kids up to their necks in our [read Rudd/Gillard] debt.
There is a pretty fair chance that the Greeks will drop their austerity programs after their new government takes power. It will be interesting to see what they do.
They could precipitate the finish for the euro, & perhaps the EU as an entity. If that actually happens we will be in real trouble for quite a while. Fear would cripple markets & investment.
I would not be all that surprised to see our welfare, including the age pensions have to be seriously cut. That could be by sleight of hand, not actually cutting payments, but ripping quite a bit of it back in taxes & charges. I believe we are now at, or just over the apex of the ridiculous welfare society. As with Russia & China, the collapse will ultimately lead to something more sustainable, but it will be at a much lower level than now.
I think you should sit down & hold on, quite soon your world, & mine, will be upside down, & much poorer.
If we had not allowed the welfare community to get so greedy, we may have been able to maintain our conditions of the 70s for ever. Now it is unlikely we will end up that well off.
It has only been cheap energy that has allowed us to feather bed the welfare society. With the greenies, & ratbags like Obama trying to rob us of that energy, watch out the poor.