Posts

Showing posts from May, 2014

Money, Money, Money, Must be Funny, in a Rich Man’s World...

The political right has called upon Australian citizens to stand up and share the burden of government expenses, in a move they call the "debt levy". It is true however, that we are entering a crisis, following countries like the US, Greece, and Italy with our massive debt. That is, debt that is less than 30% of our G.D.P. whereas debts for the U.S. are over 80% of their G.D.P. and Greece and Italy had their debts over 120% of their G.D.P.. Yeah, sure, we are in a very big crisis. This so called "crisis" has been exaggerated by misinformed federal politicians who would rather see their pockets being filled after an agreed upon raise in their income by over $195,130, instead of supporting cuts. These cuts could be in the form of cuts towards paying the ever growing list of ex-prime ministers and ex-premiers, the superannuation fund for politicians or even a change in the Paid Parental Scheme. I'm not saying that the debt should not being reduced, but a direct t...