The Forum > General Discussion > Throwing money and inflation
Throwing money and inflation
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any where else this ideologically bankrupt federal government can thing of throwing money will see our interest rates go to a level that will make the pain on borrowers during the Keating days pale into insignificance.
Tax cuts will just be spent on imports (wide screens etc) adversely affecting our already teetering balance or trade.
Cash money for first home owners has made things worse for them by raising the cost of homes even further beyond their means. Doesn't take a genius to see that demand for homes rises with the extra money but without the corresponding increase in supply the only thing that can happen will be an increase in cost.
Childcare grants just allow the few providers to raise prices to higher and higher levels.
Subsidies for private health cover just allow the private providers to raise premiums.
To fix Australia we don't need a government that throws money at private infrastructure, we don't need a government that takes billions from public housing when people are desperately looking for affordable accommodation, we don't need a government that props up a few private child care providers whilst removing public providers. We don’t need a government that subsidies private health funds. Unless a person is a direct beneficiary of this Howard government largesse i.e. one of their business backers how can a voter possibly call them good economic managers?
Any more years of Howard and there will only be two kinds of people in Australia very rich and very poor and that is not an Australia I want to live in