- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Highlight
- Report Inappropriate Content
on 09-04-2019 05:16 PM
@chameleon54 wrote:
The big thing that Labor could and should do is review payments for those on social security as they are woefully inadequate at the moment., Unfortunately they appear to be no more compassionate than the Liberals in this regard and haven't made a peep about increasing these payments. Should this necessary change be made, all of the money would flow straight back into the economy as retirees and the unemployed spend their money on basics rather than hoarding it ( investing ) as wealthier people do. This social security increase provides an immediate and long term stimulatory effect to the economy.
Actually, it's part of the Labor platform to run an inquiry into Newstart payments if elected.
I know that's not a promise to up rates, but there is considerable pressure coming from all sides, including the ACTU and ACOSS as well as, believe it or not, the BCA (Busines Council) and Johnny Howard!
It would be a great idea as trickle up is a lot more effective than the inverse.