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Massive spend papers over cracks in rickety economy
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May 17, 2021 â 12.10am
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Credit:Fairfax Media
It seems that Shane Wright has been drinking the Kool-Aid left behind by Mathias âdebt and deficit disasterâ Cormann (âAn ocean of debtâ, May 15-16). The economy has not âbounced backâ after COVID-19, as some suggest. Rather, it has been dragged into better shape by massive government spending â but it is still far from healthy. Even the current Treasurer has acknowledged that âthe best way to fix the budget is to fix the economyâ. Full employment and price stability must always be our goals. Budget surpluses or deficits are simply a record of whether the private sector or the government has had to do the heavy lifting. -
Budget sleight of hand does not address womenâs issues
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May 14, 2021 â 12.04am
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One of the illusions from the federal budget appears to be that allocated funding such as for childcare and domestic violence are lumped in the âwomenâs basketâ which rightly should be for families and the wider community (âFirst step of long journey for womenâ, May 13). A sleight of hand to counter recent tensions, maybe, but women themselves are seemingly still a byproduct in actions, budgetary or otherwise.
Janice Creenaune, Austinmer