Re: Shawny’s concerns about Victorian and Australian Governments
Reply #721 –
That's a pretty fair assessment Kruddler.
One of the problems is that governments of all persuasions and levels are faced with ever-increasing demands for the provision of services as well as the expectation that they will lower taxes or, at least, won't increase them. If society has to have appropriate infrastructure; housing, water, sewerage, health care, police, schools, courts, aged care, mental health care, disability services, environmental protection, sporting facilties, public transport, etc; someone has to pay.
I failed economics at university - one of several inappropriate choices - but I know enough to realise that the Reserve Bank's fixation with interest rate rises isn't the only way to combat inflation (a world-wide problem not helped by the disastrous wars in Ukraine and Iran). Our Governments could tackle inflation by raising taxes but to do so would be political suicide unless there was a bi-partisan approach ... and that's not going to happen.