Jim Penman argues that proposed cash transfers and utility subsidies for Victorian households are debt-financed and unsustainable. He says the real problem is corruption, overpriced contracts, and bloated bureaucracy, not lack of money. Cutting waste could eliminate the deficit without touching essential services.
To give $80,000 in cash to every single household in Victoria or to pay for every single Victorian's gas and electricity bill for the next 20 years. Except since it's debt and not cash, that means in reality— That's great.
She's great. That's so true. It's just ridiculous in a time of peace and prosperity to go deeper and deeper into debt. And what are we paying for? You know, corruption, featherbedded, overpriced contracts. Hordes and hordes of bureaucrats. They're not buying anything useful at all. We could eliminate— so we could eliminate basically the deficit and pay off the debt without taking away anything useful at all.
Rising mental illness and falling birth rates have the same cause, it is this.....
