Interest rate cut tomorrow will be a long term disaster!!!, page-164

Could not agree more dolcevita. What what else might you expect from a conservative Prime Minister? Given that every cent Newstart or the Pension is increased will be spent it adds to effective demand and therefore a stimulus to this economy. Those blinkered by ideology miss this point. Rather than begging the bourgeoisie to put their hand in their pocket, putting a few dollars in the hands of the poor makes good economic sense since it will not be there very long before it is spent and divided up into the rents, profits and wages of others.