They would need to resurrect Jim Cairns to do that.
Hockey blasts attitude of 'entitlement'
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They would need to resurrect Jim Cairns to do that.
Is it just me or does that graph of all the countries %age of GDP spent corellate to the rate of GST in that country
E.g. UK 20%
John Howard's GST is really a socialist measure !!!!!!
And for Labor, economics is about..... winning elections.
Unless you think that the status of the budget and the impact of such on Labor's economic credibility is of little consequence to the Sussex Street mafia
ALP have a couple of policies which are going to cost them an election
Yes I know it is Crikey but there may be some truth in this as have read elsewhere but cant find the article.
See the graph below as to who is worse re Howard and the current govt which shows the ALP to be worse despite the constant barrage of opinion to the contrary.
re Family Tax Benefit payments (actual except for 2011-12) and 2000-01 payments indexed, $b
http://www.crikey.com.au/2011/05/12/why-labor-now-owns-middle-class-welfare/
See the graph below as to who is worse re Howard and the current govt which shows the ALP to be worse despite the constant barrage of opinion to the contrary.
re Family Tax Benefit payments (actual except for 2011-12) and 2000-01 payments indexed, $b
http://www.crikey.com.au/2011/05/12/why-labor-now-owns-middle-class-welfare/
High income earners chose to apply for FTB when their kids are small to keep child care costs affordable.
That's just about the only thing you get from it
That's just about the only thing you get from it
Welfare is giving money to people who don't earn very much and pay no tax.
Giving some money back to people who work is tax relief.
There is a big difference between a sense of entitlement - that the government should pay people passive welfare for long periods - and workers being genuinely entitled to receive most of what they have earned.
Sort of. The problem is middle class welfare is not a zero sum game. There's hundreds of millions wasted on administration and time wasted by people to do all the paper work.
With two small kids I get FTB and am certainly not going to say no to it whilst it exists, but I'd rather that was scrapped and there be a general tax cut. Given a choice though between FTB and the money just redirected to some Green scheme, FTB is the lesser of two evils.
The only middle class 'welfare' that is different is the private health insurance rebate, as private hospitals are much more efficient the public ones and taking people out of the public system more then pays for itself. Much like the other one hated by the Left - payments to private schools - are a lot less then if all those kids suddenly went back into the public system.
I think we're at the point where anyone who is on the dole for 5 years must be just about genuinely unemployable. National unemployment levels have been around the 5-6% range for the last few years. I'm wondering how many of these long term unemployed are not of sound mind and body - I wonder if these are people with intellectual or social problems that just don't fit in - what's become of the slow learners class when they left school.
Is that you Buddy?
There is also a culture of the generation-pass-on-down syndrome of welfare dependency that has grown over the last 20 years or so.
For what it's worth i commend Joe Hockey for saying what he believes in.
Hes mainly saying that your grandparents, parents, kids and grand kids should pay for your education, your health care and your retirement, depending what stage you are in life.
Which party brought in superannuation again ?
Maybe tomorrow Hockey should also state that aussies are wrong to feel entitled to: :
--a share of Mineral wealth whan clearly thats owned by mining magnates
--To tell refugees fobugger off when we have a legal obligation to settle some her
Looking forward to that
I really don't get how he will make welfare cuts anyway.
You could certainly get some people off the dole but we are already only a couple of percent away from full employment. You can't cut the dole either because it is already hard for many to live off the dole and the political risks are far too great.
Labor has already taken steps to make it harder to get disability benefits. They could still make it harder but I would suspect some resistance to that and even thinking about touching those payments would be suicide.
They could raise the pension age but that would also be suicide and cutting pensions would lead to outrage among pensioners which are becoming a larger and larger voting bloc.
You could make cuts in other areas but those would probably only address the loss in revenue from repealing the carbon and the mining taxes and any massive cuts would likely be viewed poorly in the electorate and would stop economic growth.
Hockey might talk tough but I doubt that he would have the backbone to make it a reality.
You could certainly get some people off the dole but we are already only a couple of percent away from full employment. You can't cut the dole either because it is already hard for many to live off the dole and the political risks are far too great.
Labor has already taken steps to make it harder to get disability benefits. They could still make it harder but I would suspect some resistance to that and even thinking about touching those payments would be suicide.
They could raise the pension age but that would also be suicide and cutting pensions would lead to outrage among pensioners which are becoming a larger and larger voting bloc.
You could make cuts in other areas but those would probably only address the loss in revenue from repealing the carbon and the mining taxes and any massive cuts would likely be viewed poorly in the electorate and would stop economic growth.
Hockey might talk tough but I doubt that he would have the backbone to make it a reality.
I know what he is saying but at the least we now have a good idea of what this country could be like in the perfect world of the minds from those the right.
But at least Hockey had the nerve to speak his mind.
Aint that the truth. may already be in action in countries further into 'agequake' like Italy for example
Some of those countries have endured a crash landing. perhaps all economic shocks csn be linked to demographics.
I think our pollies are trying to engineer a soft landing for us. it shouldnt be hard, given our enormous natural wealth.
But to blame the worst off in our soceity for greed which runs right through it is piss poor. some of our wealthiest people wouldnt even notice the amount of cash it would take to fix a lot of these problems.
PS another point is chinese are becoming very influential members of our soceity.
Is it possible Joe was courting the chinese vote ?
http://en.wikipedia.org/wiki/Agequake
How hard is it to pack fruit, stack shelves or sleep at your desk in the PS?
Worth noting most govt deparments have a freeze on hiring atm..
Pulling out of Afghanistan should save a fair whack of money Joe - please think of the budget before volunteering to be deputy dawg in future !!
Just sayin,
Pulling out of Afghanistan should save a fair whack of money Joe - please think of the budget before volunteering to be deputy dawg in future !!
Just sayin,
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But given that most of the time he his talking s**t and invariably not having a great understanding of the subject matter he chooses to babble on about, we shouldn't really take much notice. The man does have a reputation for engaging the mouth before the brain.
Obviously not!
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He's Palestianian/Armenian.
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I would've preferred a Domino's pizza as our Treasurer tbh as opposed to a sausage from my local Sunday market.
Wouldn't mind him doing something about entitlement either. Like :
Those who feel entitled to major tax benefits through negative gearing.
Those who feel entitled to use mechanisms like family trusts to avoid taxation. Taxing them as companies perhaps.
Those who feel entitled to pass on mega amounts of assets to family members without any tax implications whatsoever.
Those huge corporations who feel entitled to set-up mechanisms to avoid paying tax and who operate under cloaks of secrecy. Like Aldi http://bit.ly/13mK2Wa
Those who feel entitled to manipulate superannuation as an avoidance mechanism.
There's a start Joe. Or whoever succeeds you.
Those who feel entitled to major tax benefits through negative gearing.
Those who feel entitled to use mechanisms like family trusts to avoid taxation. Taxing them as companies perhaps.
Those who feel entitled to pass on mega amounts of assets to family members without any tax implications whatsoever.
Those huge corporations who feel entitled to set-up mechanisms to avoid paying tax and who operate under cloaks of secrecy. Like Aldi http://bit.ly/13mK2Wa
Those who feel entitled to manipulate superannuation as an avoidance mechanism.
There's a start Joe. Or whoever succeeds you.
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