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do you know how daft that is ? As if giving energy bill relief...

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Bananabender1

11,701 Posts.

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15/05/24

09:23

Post #: 73828177
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Originally posted by Dovif: ↑

So you think someone with $100 in their pocket and $100 in power bill. If you give them $10 in handout they will spend it. But if you cut their power bill from $100 to $90 and they have $10 in their pocket, they won’t spend that. Lol

that is what makes chalmer a use car salesman and a economic incompetent. That 10 will be spend, but he can say power prices has reduced by $10 (if the power company do not just lift prices by 10%, which they have been doing).

giving everyone an extra $10 to spend will clearly increase inflation and make all of us poorer since it is our money that they are wasting in the first place. An accounting trick might mean chalmer can claim we are getting a 10% discount on power prices (and he is doing something). All he is doing is wasting our money and increasing inflation and our mortgage repayments.

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do you know how daft that is ? As if giving energy bill relief is going to change the cost of energy ? Do you think people are as silly as you and don’t keep track of usage and kWh cost ?
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