inflation or the underlying anxiety many people are feeling.
The biggest driver of inflation is government spending. Those of us who know anything about basic economics are concerned by that. There are also concerns about the attempts to introduce increasing controls over what we can hear, see, say and do.
You cannot spend your way out of debt. We added to the debt mountain when Covid hit. That was debt it would have been difficult to avoid. We were not the only country to spend more than would have otherwise been spent in an attempt to keep the economy going. Yes, we probably did spend more than we should have spent then. That is not the problem.
Since Covid we have spent far too much, far too much on keeping a government with a massive majority in power. Some of that money has been spent wisely but more of it has been wasted. When I think of the money wasted on a referendum for the "Voice" I feel angry. All that referendum did was divide us. It would not have given the government any power to change anything. That would have required another referendum to change the Constitution. More than one constitutional lawyer of my acquaintance doubts a second referendum to try and do that would fail.
It cost over $400m just to hold the actual referendum. A great deal more was spent in the lead up to it. The "Yes" side spent almost three times as much as the "No" side - and "No" still won. The government was advised before the campaign started of the likely outcome but it went ahead anyway. They deliberately wasted a great deal of money for what they hoped would be their political benefit.
The same government has agreed to give our nearest northern neighbour a $600m grant over ten years for a rugby team. I firmly believe that the best form of defence for any country is the foreign aid they give other countries but funding a rugby team is not foreign aid. It is an indulgence. No matter how you dress it up this was not something that was "needed". The money could have been spent on programs designed to produce income here or there.
The cost of the NDIS has expanded...and expanded. It needs to be reined in but doing so will mean some people will lose "benefits", things they now believe they are "entitled" to. That is politically unpopular of course, unpopular among those most likely to vote for the present government. At the same time there are still people not getting benefits they actually need.
These are big items, the sort of items that appear in the news from time to time. There are other perennial issues like housing, transport and more. A government which wants to remain in power will design housing to fit the dream, not the reality. It will provide roads rather than rail because roads allow people to own cars and the transport industry to flourish. The billions spent on indigenous issues are reported in a fragmented way. The money being used on the futile attempt to move to "net zero" using solar and wind power may be mentioned but the real cost is far higher.
Now we apparently need to be protected from reality. The government is attempting to bring in laws which will prevent us from knowing all sorts of things, including how much they are spending to prevent us from knowing. The reason we are so deep in debt is, according to the Treasurer, nothing to do with this at all. It is because of the war in the Middle East. That has increased the price of our fuel. Really? I wish it was that simple.
