Quantitative easing will take care of the infrastructure funding...

First 3 Last

Share
Profile

Follow
sierra

10,691 Posts.

02/12/19

14:01

Post #: 41748544
Share

Originally posted by Heron12: ↑

Most can probably agree that at the time when economic situation is not good brining extra 160 000 people and more... is not a good idea..

there was a research done that every immigrant cost $100 k in infrastructure just to keep with current level..

1. Government needs to set aside $100k per person if they want to bring a person into the country without effecting existing citizens (that is 16bln a year to be put aside) . Sure , they do not have this money.... plus they have to pay / catch up for last 15 years of IRRESPONIBLE immigration policy....
Again , nothing wrong with Immigration per Se but not at the expense of current citizens !

2. Lobby groups and controlling interest use immigration as the way to build their wealth.. and dilute lifestyle of everyday Australians... because they simply do not pay for Immigration...but enjoying extra customers ( dog's houses , cheaper labour...)
3. Unless IRRESPONSIBLE immigration is stopped ( there will always be people wanting to come to better conditions vs their home country ..) , WE will continue to have:
a. No wage growth!! ( yes! when I read paper and concern by some officials re wage growth .. I lough.. it is obvious .. but they just give us all a good SHOW)
b. Congestions and overcrowded hospitals and schools
c. Less job security
d. high housing prices and MORE inequality...

Continue to bring this topic up with your MP, friends, etc...

Government has to pay !!! if have no funds set aside for infrastructure then NO ENTRY..

Expand

Quantitative easing will take care of the infrastructure funding problem.
The government sells bonds and gets the cash but when the buyer sells them back they create that money digitally and keep the cash.
The clever part is it's creating inflation or rather slowing deflation and a win win.

What can possibly go wrong?
Upvote

Reply