Goto Chockstone Home

  Tech Tips

      Sponsored By

Chockstone Photography
Australian Landscape Photography by Michael Boniwell
Australian Landscape Prints

Chockstone Forum - General Discussion

General Climbing Discussion

Topic Date User
Welfare and climbing 16-Dec-2008 At 2:47:02 PM DaCrux
On 15/12/2008 Wendy wrote:
>If you wanted to complain about meaningless welfare, I reckon the round
>of financial crisis handouts is a good place to start. Something like 1.4
>billion dollars given to pensioners, carers, seniors and familes on the
>meagre incomes of less than $100 000.
>What a bizarre world we live in when the govt spends the 1st half of the
>year increasing interest rates so that people will stop spending and making
>life hard for poor people with mortages, then the 2nd half handing out
>$ (after interest rates have gone down again so people are less financiall
>stressed) so that people will spend more. Of course if they wanted to give
>money to the self supporting impoverished, I'd happily help them out by
>spending it. Or they could put 1.4 billion into job creation schemes that
>help the environment and alleviate a range of problems at the same time
>as getting $ into circulation.
>Economics. And they call it a science? I fail abysmally to understand

Interest rates are increased/cut by the reserve bank, not the government. They were increased to reduce inflation and then cut to stimulate growth. There's no point spending $1.4 billion if the economy goes into recession and thousands of people lose their jobs anyway. When people get money, they usually spend it which means more people are needed to produce and sell things, which means more people get/stay employed. Economics is an abstract science.

There are 46 replies to this topic.


Home | Guide | Gallery | Tech Tips | Articles | Reviews | Dictionary | Forum | Links | About | Search
Chockstone Photography | Landscape Photography Australia | Australian Landscape Photography | Landscape Photos Australia

Please read the full disclaimer before using any information contained on these pages.

Australian Panoramic | Australian Coast | Australian Mountains | Australian Countryside | Australian Waterfalls | Australian Lakes | Australian Cities | Australian Macro | Australian Wildlife
Landscape Photo | Landscape Photography | Landscape Photography Australia | Fine Art Photography | Wilderness Photography | Nature Photo | Australian Landscape Photo | Stock Photography Australia | Landscape Photos | Panoramic Photos | Panoramic Photography Australia | Australian Landscape Photography | High Country Mountain Huts | Mothers Day Gifts | Gifts for Mothers Day | Mothers Day Gift Ideas | Ideas for Mothers Day | Wedding Gift Ideas | Christmas Gift Ideas | Fathers Day Gifts | Gifts for Fathers Day | Fathers Day Gift Ideas | Ideas for Fathers Day | Landscape Prints | Landscape Poster | Limited Edition Prints | Panoramic Photo | Buy Posters | Poster Prints