Budget repair less urgent than raising dole payments, leading economist Chris Richardson says

Mon, 14 May 2018 23:07:07 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<http://www.abc.net.au/news/2018-05-02/budget-repair-less-urgent-than-raising-dole-economist-says/9717140>

'Fixing "unnecessarily cruel" dole payments is a more urgent priority
than budget repair, a leading economist says.'

When you increase welfare payments, that money is immediately circulated
and also benefits all the businesses that get paid, so it has flow-on
benefits to the economy. Conversely, if you continue to starve the poor,
you increase the drain on other public services like health care,
emergency services and police.

Via Muse.

Cheers,
        *** Xanni ***
--
mailto:xanni@xanadu.net                   Andrew Pam
http://www.xanadu.com.au/                 Chief Scientist, Xanadu
http://www.glasswings.com.au/             Partner, Glass Wings
http://www.sericyb.com.au/                Manager, Serious Cybernetics

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