So basically the assumption is no organisation, retail outlet, manufacturer or transporter will raise costs, they will all just 'lower their costs of production'?
LMAO
She obviously didn't get to the chapter where increases in the costs of production cascade down the chain resulting in an increase to the cost of goods sold.
"For all the bleating about rising cost-of-living pressures, the fact is low- and middle-income households will be no worse off with a price on carbon"
Patent rubbish, whatever they save at home they will pay more for everytime they leave the house. Just how much substitution is possible when EVERYTHING is affected?
I've never read from an economist I didn't think an idiot, seems the record remains unbroken.
