The middle class welfare introduced by Howard has well and truly been priced into the economy, especially housing.
Taking $4k off a middle income working family, will hit budgets hard.
This is a budget to cause a recession IMO.
Xenophon often chooses his words well and did not disappoint this time either.
Independent Nick Xenophon advises Tony Abbott back away from 'mean, nasty, dumb' budget
Senator Nick Xenophon has warned the Abbott government its "dumb" budget is toxic with a key component of the Coalition voter base.
"This has been called the toughest budget in decades, but it also seems to be one of the dumbest," the South Australian independent wrote in a budget appraisal.
"The 'Howard Battlers' that re-elected John Howard on four occasions won't cop these changes."
Read more: http://www.smh.com.au/federal-politics/political-news/independent-nick-xenophon-advises-tony-abbott-back-away-from-mean-nasty-dumb-budget-20140520-38m6q.html#ixzz32GAiuTtb
However, on this forum workers on lower incomes spend all their money on pokies, pubs, clubs, and cigarettes!
- Forums
- Political Debate
- okay all you liberal lovers; think about this
okay all you liberal lovers; think about this, page-25
Featured News
Featured News
The Watchlist
VMM
VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
CEO
SPONSORED BY The Market Online