Comment on Budget Night Thread

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Salvo@aussie.zone ⁨5⁩ ⁨months⁩ ago

It is almost as if the economists who advise the government don’t understand economics.

If you pay more for a thing, it makes it more expensive, it is Economics 101.

And don’t get me started on the Reserve Bank and interest rates. “People have too much debt; let’s make their current manageable debt into crippling debt so they can’t survive at all! That will stop them from borrowing more money.”

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