Okay Fellow Aussies and Aussie sceptics, I read through the Stimulus Proposals of the ScumMo Government and it kind of stared out to me that it appears that our Lib-Nat. Government is still openly clinging to the ' Trickle-down Effect Ideology' even now in this Covid Pandemic.
I.e. it appears that they think that by pouring BIG sums of money into Corporations, the Big End of Town, etc, that it will both preserve the Economy and WILL cause the money to find its way to the average peoples, correct?
But does not it work in the entirely opposite direction, that is, the average people need and spend THEIR money to purchase from the Big End of Town the goods, etc, that these companies, etc, produce in the first place, thus keeping those self-same businesses running.
By supporting the businesses, I mean the BIG businesses, with massive hand-outs, etc, and ONLY giving we at the bottom a couple of 'one off extra payments' and expecting us to stretch them out over 6 or more months.
Geez Louise, ScumMO, wake up the costs of just living have already skyrocket BEFORE Covid hit, that few miserable dollars will do almost S.F.A. for families in the coming months/year or so.
The BIG businesses will just pocket the exemptions, etc, and go upon their merry ways with them, leaving the economy in an even bigger shit-hole.
Myer closed.Just Jeans closed & refusing to pay rent obligations, Woolworths & Coles reducing trading hours . . .
And this will probably go on for at least two years until 90% have had the virus.
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