Armchair_Politician wrote on Dec 18^th, 2024 at 12:25pm:


A 'slash and burn' budget from the Coalition would be even worse; government spending is the only reason Oz isn't in recession now. 

But why should a currency-issuing government be forced to borrow money from (ie, sell bonds to ) rich people - people who don't need interest payments on their spare cash paid by the public sector?

Consumption by rich people, as well as poor people for whom the essentials are also vital, needs to be controlled if supply chains are inadequate and causing inflation.

["Stop getting haircuts", the fool Bullock said, living on her fat salary - what an amoral  loser, haircuts are the last of people's problems.]